Morgan Stanley set a $32.00 price objective on Schneider National (NYSE:SNDR) in a research report released on Monday morning, Stock Target Advisor reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the stock. Buckingham Research dropped their price target on shares of Werner Enterprises from $43.00 to $42.00 and set a buy rating for the company in a research report on Tuesday, April 2nd. Zacks Investment Research lowered shares of German American Bancorp. from a buy rating to a hold rating in a research report on Tuesday, April 30th. Stephens set a $112.00 price target on shares of Genesee & Wyoming and gave the stock a hold rating in a research report on Monday, July 1st. UBS Group upped their price target on shares of Intact Financial from C$122.00 to C$133.00 in a research report on Tuesday, June 18th. Finally, Wolfe Research raised shares of Covenant Transportation Group from an underperform rating to a peer perform rating in a research report on Friday, June 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $26.90.

Shares of SNDR opened at $17.13 on Monday. The company has a quick ratio of 2.02, a current ratio of 2.10 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $3.14 billion, a P/E ratio of 11.05, a price-to-earnings-growth ratio of 1.21 and a beta of 1.62. The firm’s 50 day moving average price is $17.76. Schneider National has a 1 year low of $16.59 and a 1 year high of $28.46.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.10). Schneider National had a return on equity of 12.69% and a net margin of 5.13%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the company posted $0.27 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities research analysts expect that Schneider National will post 1.52 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Friday, June 14th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend was Thursday, June 13th. Schneider National’s payout ratio is currently 15.48%.

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in shares of Schneider National by 25.6% in the fourth quarter. BlackRock Inc. now owns 1,757,189 shares of the company’s stock worth $32,807,000 after acquiring an additional 358,083 shares in the last quarter. Millennium Management LLC increased its position in shares of Schneider National by 33.8% in the fourth quarter. Millennium Management LLC now owns 1,389,701 shares of the company’s stock worth $25,946,000 after acquiring an additional 350,953 shares in the last quarter. Associated Banc Corp increased its position in shares of Schneider National by 1.2% in the first quarter. Associated Banc Corp now owns 1,326,159 shares of the company’s stock worth $27,916,000 after acquiring an additional 15,720 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Schneider National by 32.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,037,240 shares of the company’s stock worth $19,365,000 after acquiring an additional 254,938 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Schneider National in the fourth quarter worth $17,312,000. 24.17% of the stock is owned by institutional investors.

Schneider National Company Profile

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, first to final mile delivery, and customized solutions for time-sensitive loads.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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