Schneider National (SNDR) Issues FY19 Earnings Guidance

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.

COPYRIGHT VIOLATION NOTICE: “Schneider National (SNDR) Issues FY19 Earnings Guidance” was originally published by Sundance Herald and is the sole property of of Sundance Herald. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at https://sundanceherald.com/2019/05/25/schneider-national-sndr-updates-fy19-earnings-guidance.html.

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.

Featured Story: Do back-end load funds outperform no-load funds?

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



Leave a Reply