Schneider National Inc (NASDAQ:SNDR) updated its FY17 earnings guidance on Tuesday. The company provided EPS guidance of $0.94-1.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.97.
A number of research analysts have weighed in on the company. Zacks Investment Research lowered Schneider National from a hold rating to a sell rating in a report on Thursday, July 13th. Bank of America Corporation restated a buy rating and issued a $25.00 price objective (up previously from $23.00) on shares of Schneider National in a report on Monday, July 10th. Citigroup Inc. began coverage on Schneider National in a report on Tuesday, May 2nd. They set a buy rating and a $22.00 price target on the stock. Wolfe Research began coverage on Schneider National in a report on Monday, May 1st. They set a market perform rating on the stock. Finally, Morgan Stanley assumed coverage on Schneider National in a report on Monday, May 1st. They set an overweight rating and a $24.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of $22.63.
Shares of Schneider National Inc (NASDAQ:SNDR) opened at 21.36 on Friday. The company has a 50-day moving average of $21.42 and a 200 day moving average of $20.36. Schneider National Inc has a one year low of $17.69 and a one year high of $23.12. The stock has a market capitalization of $3.78 billion and a price-to-earnings ratio of 1.38.
Schneider National (NASDAQ:SNDR) last released its earnings results on Tuesday, August 1st. The company reported $0.23 earnings per share for the quarter, hitting 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 firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the business posted $0.28 earnings per share. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. Equities research analysts forecast that Schneider National Inc will post $0.96 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Wednesday, September 20th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, September 19th. This represents a $0.20 annualized dividend and a yield of 0.94%.
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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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