Shares of Schneider National Inc (NASDAQ:SNDR) have earned an average recommendation of “Buy” from the eleven analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $22.63.

Several equities research analysts recently weighed in on the company. Bank of America Corporation reissued a “buy” rating and set a $25.00 price objective (up previously from $23.00) on shares of Schneider National in a report on Monday, July 10th. Wolfe Research assumed coverage on Schneider National in a report on Monday, May 1st. They set a “market perform” rating on the stock. Zacks Investment Research downgraded Schneider National from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. Robert W. Baird assumed coverage on Schneider National in a report on Monday, May 1st. They set an “outperform” rating and a $22.00 price objective on the stock. Finally, Wells Fargo & Company assumed coverage on Schneider National in a report on Monday, May 1st. They set an “outperform” rating on the stock.

TRADEMARK VIOLATION NOTICE: “Schneider National Inc (NASDAQ:SNDR) Receives Average Rating of “Buy” from Analysts” was published by Watch List News and is the property of of Watch List News. If you are accessing this report on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/schneider-national-inc-nasdaqsndr-receives-average-rating-of-buy-from-analysts/1473984.html.

Schneider National (NASDAQ SNDR) opened at 20.62 on Friday. The stock’s 50 day moving average price is $21.42 and its 200 day moving average price is $20.29. Schneider National has a 52 week low of $17.69 and a 52 week high of $23.12. The firm has a market cap of $3.65 billion and a price-to-earnings ratio of 1.33.

Schneider National (NASDAQ:SNDR) last issued its quarterly earnings results on Tuesday, August 1st. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.23. Schneider National had a return on equity of 13.37% and a net margin of 4.32%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company posted $0.28 EPS. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. On average, equities research analysts predict that Schneider National will post $0.96 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Wednesday, September 20th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.97%. The ex-dividend date is Tuesday, September 19th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Associated Banc Corp bought a new position in shares of Schneider National during the second quarter valued at approximately $56,314,000. Schmidt P J Investment Management Inc. bought a new position in shares of Schneider National during the second quarter valued at approximately $37,752,000. Jennison Associates LLC bought a new position in shares of Schneider National during the second quarter valued at approximately $32,787,000. Peregrine Capital Management LLC bought a new position in shares of Schneider National during the second quarter valued at approximately $24,299,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Schneider National during the second quarter valued at approximately $8,839,000.

About Schneider National

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.

Analyst Recommendations for Schneider National (NASDAQ:SNDR)

Receive News & Ratings for Schneider National Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.