Schneider National (NYSE:SNDR) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $1.50-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68. Schneider National also updated its FY 2019 guidance to $1.50-1.60 EPS.
A number of brokerages have recently issued reports on SNDR. Zacks Investment Research upgraded shares of Schneider National from a sell rating to a hold rating in a research report on Saturday, February 2nd. Stephens set a $25.00 price target on shares of Schneider National and gave the stock a buy rating in a research note on Friday, May 3rd. ValuEngine downgraded shares of Schneider National from a hold rating to a sell rating in a research note on Friday, March 1st. Buckingham Research lowered their target price on shares of Schneider National from $30.00 to $29.00 and set a buy rating for the company in a research note on Tuesday, April 2nd. Finally, Bank of America raised shares of Schneider National from an underperform rating to a buy rating and set a $25.00 target price for the company in a research note on Monday, February 4th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $27.20.
SNDR stock traded down $0.15 during trading hours on Friday, reaching $17.98. The stock had a trading volume of 516,126 shares, compared to its average volume of 636,887. The stock has a market cap of $3.36 billion, a P/E ratio of 11.60, a P/E/G ratio of 1.26 and a beta of 1.45. Schneider National has a fifty-two week low of $17.56 and a fifty-two week high of $30.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.10 and a quick ratio of 2.02.
Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.10). The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.23 billion. Schneider National had a net margin of 5.13% and a return on equity of 12.69%. Schneider National’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 earnings per share. As a group, equities research analysts anticipate that Schneider National will post 1.54 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Friday, June 14th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Thursday, June 13th. Schneider National’s dividend payout ratio is 15.48%.
In related news, CEO Christopher B. Lofgren sold 54,005 shares of Schneider National stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $22.02, for a total transaction of $1,189,190.10. Following the sale, the chief executive officer now directly owns 1,425,042 shares in the company, valued at approximately $31,379,424.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Christopher B. Lofgren sold 245,995 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $21.52, for a total transaction of $5,293,812.40. Following the transaction, the chief executive officer now owns 1,378,534 shares of the company’s stock, valued at approximately $29,666,051.68. The disclosure for this sale can be found here. 28.00% of the stock is currently owned by company insiders.
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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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