Analysts expect Schneider National Inc (NYSE:SNDR) to post sales of $1.20 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Schneider National’s earnings, with the lowest sales estimate coming in at $1.14 billion and the highest estimate coming in at $1.23 billion. Schneider National reported sales of $1.08 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 11.1%. The business is scheduled to announce its next earnings report on Tuesday, August 7th.
On average, analysts expect that Schneider National will report full-year sales of $4.88 billion for the current financial year, with estimates ranging from $4.76 billion to $4.98 billion. For the next fiscal year, analysts expect that the business will report sales of $5.25 billion per share, with estimates ranging from $5.10 billion to $5.47 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Schneider National.
Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, April 26th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Schneider National had a return on equity of 10.55% and a net margin of 9.19%. Schneider National’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 EPS.
Several brokerages have recently issued reports on SNDR. Wolfe Research raised Schneider National from an “underperform” rating to a “peer perform” rating in a research report on Monday, April 30th. Credit Suisse Group increased their target price on Schneider National from $29.00 to $30.00 and gave the stock an “outperform” rating in a research report on Friday, April 27th. ValuEngine raised Schneider National from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Morgan Stanley increased their target price on Schneider National from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, April 30th. Finally, Zacks Investment Research raised Schneider National from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Wednesday, May 2nd. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Schneider National currently has an average rating of “Buy” and an average target price of $31.25.
Schneider National traded down $0.36, reaching $28.52, during midday trading on Thursday, according to Marketbeat.com. 4,535,518 shares of the company’s stock traded hands, compared to its average volume of 657,028. Schneider National has a 52 week low of $20.18 and a 52 week high of $30.52. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 1.52 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 2.27.
The company also recently announced a quarterly dividend, which will be paid on Monday, July 9th. Stockholders of record on Friday, June 15th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, June 14th. Schneider National’s dividend payout ratio is currently 25.53%.
Several large investors have recently made changes to their positions in the company. Ceredex Value Advisors LLC purchased a new stake in shares of Schneider National in the 1st quarter worth approximately $44,209,000. Millennium Management LLC purchased a new stake in shares of Schneider National in the 1st quarter worth approximately $21,517,000. Anchor Bolt Capital LP purchased a new stake in shares of Schneider National in the 4th quarter worth approximately $20,623,000. BlackRock Inc. grew its stake in shares of Schneider National by 22.8% in the 4th quarter. BlackRock Inc. now owns 2,339,283 shares of the company’s stock worth $66,810,000 after buying an additional 433,852 shares during the last quarter. Finally, Delek Group Ltd. purchased a new stake in shares of Schneider National in the 4th quarter worth approximately $10,542,000. 25.46% of the stock is owned by hedge funds and other 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, final mile delivery, and customized solutions for time-sensitive loads.
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