Schneider National (NYSE:SNDR) Stock Price Up 6% – Time to Buy?

Shares of Schneider National, Inc. (NYSE:SNDR) traded up 6% on Wednesday . The company traded as high as $24.95 and last traded at $24.8490. 257,136 shares were traded during mid-day trading, a decline of 71% from the average session volume of 873,127 shares. The stock had previously closed at $23.44.

Analysts Set New Price Targets

Several research analysts recently issued reports on SNDR shares. Susquehanna cut their target price on Schneider National from $24.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. UBS Group downgraded shares of Schneider National from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $25.00 to $26.00 in a report on Friday, September 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Schneider National in a report on Monday. Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a report on Wednesday. Finally, Stifel Nicolaus upgraded shares of Schneider National from a “hold” rating to a “buy” rating and decreased their price objective for the company from $26.00 to $25.00 in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $25.80.

Schneider National Stock Performance

The company’s 50-day moving average is $22.13 and its two-hundred day moving average is $23.64. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. The company has a market cap of $4.39 billion, a P/E ratio of 39.14, a price-to-earnings-growth ratio of 0.90 and a beta of 1.09.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The firm’s revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Equities analysts predict that Schneider National, Inc. will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, December 12th. Schneider National’s dividend payout ratio is 59.38%.

Institutional Investors Weigh In On Schneider National

Several large investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Schneider National by 44.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,902 shares of the company’s stock worth $546,000 after purchasing an additional 7,368 shares during the period. Mackenzie Financial Corp lifted its stake in shares of Schneider National by 109.8% during the 1st quarter. Mackenzie Financial Corp now owns 32,878 shares of the company’s stock valued at $751,000 after buying an additional 17,208 shares in the last quarter. US Bancorp DE boosted its holdings in Schneider National by 142.4% in the 1st quarter. US Bancorp DE now owns 289,234 shares of the company’s stock worth $6,609,000 after buying an additional 169,890 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Schneider National by 8.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company’s stock worth $129,000 after buying an additional 448 shares during the period. Finally, Invesco Ltd. grew its stake in Schneider National by 1.5% in the 1st quarter. Invesco Ltd. now owns 580,860 shares of the company’s stock valued at $13,273,000 after buying an additional 8,677 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.