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

Schneider National (NYSE:SNDR) had its price objective reduced by equities research analysts at Citigroup from $38.00 to $33.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective points to a potential upside of 6.04% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Wall Street Zen downgraded Schneider National from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley upped their price target on shares of Schneider National from $38.00 to $45.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Stephens raised shares of Schneider National to a “hold” rating in a report on Wednesday, July 8th. Wells Fargo & Company decreased their price target on Schneider National from $38.00 to $35.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, UBS Group upped their price objective on Schneider National from $27.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $33.69.

Schneider National Stock Down 1.5%

Schneider National stock traded down $0.48 during midday trading on Wednesday, hitting $31.12. 267,369 shares of the stock were exchanged, compared to its average volume of 943,504. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.94. The company has a 50 day moving average price of $34.14 and a two-hundred day moving average price of $33.29. The firm has a market cap of $5.46 billion, a P/E ratio of 48.66, a P/E/G ratio of 0.73 and a beta of 1.21. Schneider National has a 1 year low of $20.11 and a 1 year high of $39.27.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, July 30th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.06. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company earned $0.21 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. On average, sell-side analysts predict that Schneider National will post 1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mark Rourke sold 52,682 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total transaction of $1,893,391.08. Following the sale, the insider owned 221,522 shares in the company, valued at $7,961,500.68. This represents a 19.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.64% of the stock is currently owned by company insiders.

Institutional Trading of Schneider National

Institutional investors and hedge funds have recently made changes to their positions in the stock. Polaris Financial Partners acquired a new position in Schneider National during the 3rd quarter valued at approximately $48,000. QRG Capital Management Inc. lifted its stake in Schneider National by 14.0% in the second quarter. QRG Capital Management Inc. now owns 85,178 shares of the company’s stock valued at $3,112,000 after buying an additional 10,476 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Schneider National by 14.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,035 shares of the company’s stock valued at $330,000 after buying an additional 1,162 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Schneider National by 10.4% during the second quarter. Sequoia Financial Advisors LLC now owns 17,460 shares of the company’s stock valued at $638,000 after acquiring an additional 1,650 shares during the period. Finally, Tidal Investments LLC grew its position in shares of Schneider National by 32.8% during the second quarter. Tidal Investments LLC now owns 25,861 shares of the company’s stock worth $945,000 after acquiring an additional 6,381 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

About Schneider National

Schneider National, Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, dedicated transportation, intermodal transportation, brokerage, supply chain management and logistics services.

The company serves manufacturers, retailers and other businesses through a range of shipping and distribution solutions. Its services include long-haul and regional freight transportation, dedicated fleets tailored to individual customers, rail-and-truck intermodal shipping, freight brokerage and logistics planning and management.

Founded in 1935 by Al Schneider, the company is headquartered in Green Bay, Wisconsin, and serves customers primarily in the United States, Canada and Mexico.