Schneider National (NYSE:SNDR) Given “Neutral” Rating at Bank of America

Schneider National (NYSE:SNDR)‘s stock had its “neutral” rating restated by stock analysts at Bank of America in a report released on Friday, MarketBeat reports. They currently have a $25.00 price target on the stock, down from their previous price target of $34.00. Bank of America‘s price target indicates a potential upside of 10.57% from the company’s previous close.

A number of other equities research analysts have also issued reports on SNDR. Wells Fargo & Company dropped their target price on shares of Schneider National from $32.00 to $25.00 and set an “equal weight” rating for the company in a report on Thursday. Susquehanna cut their target price on Schneider National from $32.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday. Stephens reissued an “equal weight” rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. JPMorgan Chase & Co. cut their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Finally, Stifel Nicolaus lifted their price target on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Schneider National has an average rating of “Hold” and a consensus price target of $28.69.

Schneider National Stock Performance

Shares of NYSE SNDR opened at $22.61 on Friday. The company has a 50 day simple moving average of $26.70 and a two-hundred day simple moving average of $28.50. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 34.79, a PEG ratio of 0.54 and a beta of 0.87. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National has a 12 month low of $20.50 and a 12 month high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter in the previous year, the company earned $0.16 earnings per share. As a group, analysts predict that Schneider National will post 1.12 earnings per share for the current year.

Institutional Investors Weigh In On Schneider National

A number of large investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after buying an additional 450 shares in the last quarter. Truist Financial Corp lifted its stake in shares of Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock worth $2,595,000 after buying an additional 528 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after buying an additional 612 shares during the period. Exchange Traded Concepts LLC lifted its position in Schneider National by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after acquiring an additional 710 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Schneider National by 4.1% during the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company’s stock valued at $646,000 after acquiring an additional 867 shares during the period. Institutional investors and hedge funds 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.