Susquehanna Has Lowered Expectations for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR) had its price target dropped by equities research analysts at Susquehanna from $32.00 to $24.00 in a note issued to investors on Wednesday, MarketBeat.com reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s price target points to a potential upside of 2.25% from the company’s current price.

A number of other analysts have also issued reports on SNDR. JPMorgan Chase & Co. decreased their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Wells Fargo & Company upped their target price on shares of Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Bank of America raised their price target on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Stephens reiterated an “equal weight” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Finally, Stifel Nicolaus boosted their target price on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $29.69.

Schneider National Stock Performance

Shares of SNDR stock opened at $23.47 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The firm has a market cap of $4.12 billion, a price-to-earnings ratio of 36.11, a P/E/G ratio of 0.54 and a beta of 0.87. Schneider National has a 52 week low of $20.50 and a 52 week high of $33.90. The firm’s 50-day simple moving average is $26.84 and its two-hundred day simple moving average is $28.52.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS 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 period in the prior year, the business earned $0.16 EPS. As a group, equities analysts forecast that Schneider National will post 1.12 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SNDR. GAMMA Investing LLC grew its holdings in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the last quarter. Huntington National Bank grew its position in shares of Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company’s stock worth $41,000 after buying an additional 997 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in shares of Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after buying an additional 612 shares during the period. Blue Trust Inc. raised its holdings in shares of Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after acquiring an additional 1,350 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in Schneider National in the fourth quarter worth $48,000. Institutional investors own 28.54% of the company’s stock.

About Schneider National

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.