Brokerages Anticipate Schneider National Inc (SNDR) Will Announce Quarterly Sales of $1.15 Billion
Equities research analysts expect Schneider National Inc (NYSE:SNDR) to announce $1.15 billion in sales for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Schneider National’s earnings, with the highest sales estimate coming in at $1.16 billion and the lowest estimate coming in at $1.13 billion. The company is scheduled to announce its next earnings report before the market opens on Tuesday, February 6th.
On average, analysts expect that Schneider National will report full-year sales of $1.15 billion for the current fiscal year, with estimates ranging from $4.32 billion to $4.36 billion. For the next financial year, analysts expect that the company will post sales of $4.70 billion per share, with estimates ranging from $4.61 billion to $4.80 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Schneider National.
Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.02). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.24 EPS.
In related news, EVP Paul J. Kardish sold 85,000 shares of Schneider National stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $25.12, for a total value of $2,135,200.00. Following the transaction, the executive vice president now owns 222,432 shares in the company, valued at approximately $5,587,491.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven J. Matheys sold 62,500 shares of Schneider National stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $24.20, for a total transaction of $1,512,500.00. Following the completion of the transaction, the insider now owns 816,014 shares in the company, valued at approximately $19,747,538.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,258,500 shares of company stock worth $30,533,900.
A number of large investors have recently modified their holdings of SNDR. Schwab Charles Investment Management Inc. purchased a new position in Schneider National in the 2nd quarter worth $2,806,000. Rhumbline Advisers purchased a new position in shares of Schneider National in the second quarter valued at about $857,000. Bank of New York Mellon Corp purchased a new position in shares of Schneider National in the second quarter valued at about $2,354,000. Legal & General Group Plc purchased a new position in shares of Schneider National in the second quarter valued at about $173,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Schneider National in the second quarter valued at about $8,839,000. Institutional investors own 21.45% of the company’s stock.
Schneider National (NYSE:SNDR) traded up $0.80 during trading on Thursday, hitting $29.21. 601,476 shares of the stock traded hands, compared to its average volume of 716,689. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12. Schneider National has a 12-month low of $17.69 and a 12-month high of $29.36.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 8th. Investors of record on Friday, December 15th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend was Thursday, December 14th.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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