Schneider National (NYSE:SNDR)‘s stock had its “buy” rating reiterated by analysts at Robert W. Baird in a research note issued to investors on Tuesday. They currently have a $30.00 price objective on the stock. Robert W. Baird’s price objective suggests a potential upside of 6.12% from the stock’s current price.
Several other equities research analysts also recently weighed in on the stock. Buckingham Research initiated coverage on shares of Schneider National in a report on Friday, October 20th. They issued a “buy” rating and a $29.00 price objective for the company. BidaskClub raised shares of Schneider National from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 12th. Morgan Stanley upped their price objective on shares of Schneider National from $26.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 8th. KeyCorp initiated coverage on shares of Schneider National in a report on Tuesday, October 10th. They issued a “sector weight” rating for the company. Finally, Citigroup downgraded shares of Schneider National from a “buy” rating to a “neutral” rating in a report on Thursday, January 4th. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $25.33.
Schneider National (SNDR) opened at $28.27 on Tuesday. Schneider National has a 1-year low of $17.69 and a 1-year high of $29.36. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12.
In other Schneider National news, CEO Christopher B. Lofgren sold 600,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $24.20, for a total value of $14,520,000.00. Following the sale, the chief executive officer now directly owns 1,597,420 shares in the company, valued at $38,657,564. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Steven J. Matheys sold 62,500 shares of the business’s stock in a transaction dated 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 sale, the insider now owns 816,014 shares in the company, valued at $19,747,538.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,258,500 shares of company stock worth $30,533,900.
A number of institutional investors have recently modified their holdings of SNDR. Legal & General Group Plc bought a new stake in Schneider National in the second quarter worth about $173,000. Pacer Advisors Inc. bought a new stake in Schneider National in the third quarter worth about $182,000. Meeder Asset Management Inc. bought a new stake in Schneider National in the third quarter worth about $195,000. GSA Capital Partners LLP bought a new stake in Schneider National in the second quarter worth about $201,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Schneider National in the third quarter worth about $207,000. Hedge funds and other institutional investors own 21.45% of the company’s stock.
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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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