Equities research analysts forecast that Schneider National Inc (NYSE:SNDR) will post $1.22 billion in sales for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Schneider National’s earnings. The lowest sales estimate is $1.20 billion and the highest is $1.25 billion. Schneider National reported sales of $1.32 billion during the same quarter last year, which indicates a negative year over year growth rate of 7.6%. The business is expected to report its next earnings report before the market opens on Wednesday, January 29th.

According to Zacks, analysts expect that Schneider National will report full year sales of $4.80 billion for the current financial year, with estimates ranging from $4.76 billion to $4.84 billion. For the next year, analysts anticipate that the firm will report sales of $4.82 billion, with estimates ranging from $4.71 billion to $4.90 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Schneider National.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, October 31st. The company reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). Schneider National had a return on equity of 11.12% and a net margin of 3.58%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm posted $0.40 earnings per share. The firm’s revenue was down 7.5% compared to the same quarter last year.

Several analysts recently weighed in on SNDR shares. Stifel Nicolaus lowered Schneider National from a “buy” rating to a “hold” rating and set a $21.00 price objective for the company. in a report on Thursday, October 10th. Goldman Sachs Group started coverage on Schneider National in a report on Thursday, December 5th. They issued a “buy” rating and a $27.00 price objective for the company. Stephens set a $27.00 price objective on Schneider National and gave the company a “buy” rating in a report on Friday, November 1st. Morgan Stanley lowered their price objective on Schneider National from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Finally, Zacks Investment Research raised Schneider National from a “strong sell” rating to a “hold” rating and set a $20.00 price objective for the company in a report on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $24.73.

Schneider National stock traded down $0.31 during midday trading on Wednesday, hitting $22.74. The stock had a trading volume of 300,688 shares, compared to its average volume of 436,052. The company has a current ratio of 2.19, a quick ratio of 2.10 and a debt-to-equity ratio of 0.14. The stock has a market cap of $4.08 billion, a P/E ratio of 22.97, a P/E/G ratio of 8.38 and a beta of 1.55. Schneider National has a 12 month low of $16.59 and a 12 month high of $24.38. The business has a fifty day moving average price of $22.40 and a 200 day moving average price of $21.39.

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Friday, December 13th were paid a $0.06 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.24 dividend on an annualized basis and a yield of 1.06%. Schneider National’s payout ratio is currently 15.48%.

In other Schneider National news, VP Amy G. Schilling sold 8,000 shares of Schneider National stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $23.99, for a total value of $191,920.00. Insiders own 28.00% of the company’s stock.

Hedge funds have recently modified their holdings of the business. North Star Investment Management Corp. acquired a new position in shares of Schneider National during the third quarter worth approximately $27,000. Point72 Asset Management L.P. boosted its position in shares of Schneider National by 21.7% during the third quarter. Point72 Asset Management L.P. now owns 2,800 shares of the company’s stock worth $61,000 after buying an additional 500 shares during the period. River & Mercantile Asset Management LLP acquired a new position in shares of Schneider National during the second quarter worth approximately $187,000. Point72 Hong Kong Ltd boosted its position in shares of Schneider National by 409.4% during the second quarter. Point72 Hong Kong Ltd now owns 13,505 shares of the company’s stock worth $246,000 after buying an additional 10,854 shares during the period. Finally, Nicolet Advisory Services LLC boosted its position in shares of Schneider National by 4.1% during the fourth quarter. Nicolet Advisory Services LLC now owns 12,560 shares of the company’s stock worth $274,000 after buying an additional 493 shares during the period. Institutional investors own 23.95% of the company’s stock.

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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