Schneider National Inc (SNDR) Expected to Post Quarterly Sales of $1.15 Billion

Brokerages predict that Schneider National Inc (NYSE:SNDR) will report sales of $1.15 billion for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Schneider National’s earnings. The highest sales estimate is $1.16 billion and the lowest is $1.13 billion. The company is scheduled to report its next earnings results on Tuesday, February 6th.

On average, analysts expect that Schneider National will report full-year sales of $1.15 billion for the current fiscal year, with estimates ranging from $4.32 billion to $4.36 billion. For the next financial year, analysts anticipate that the business will report sales of $4.70 billion per share, with estimates ranging from $4.61 billion to $4.80 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Schneider National.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the company posted $0.24 EPS. The company’s revenue was up 5.5% compared to the same quarter last year.

A number of analysts recently issued reports on the company. Zacks Investment Research raised Schneider National from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a research report on Wednesday, January 10th. Citigroup cut Schneider National from a “buy” rating to a “neutral” rating in a research report on Thursday, January 4th. Robert W. Baird reissued a “buy” rating and issued a $30.00 target price on shares of Schneider National in a research report on Tuesday, January 9th. Buckingham Research assumed coverage on Schneider National in a research report on Friday, October 20th. They issued a “buy” rating and a $29.00 target price for the company. Finally, BidaskClub cut Schneider National from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 7th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $26.10.

In other Schneider National news, CEO Christopher B. Lofgren sold 600,000 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $24.20, for a total transaction of $14,520,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,597,420 shares of the company’s stock, valued at approximately $38,657,564. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven J. Matheys sold 62,500 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $24.20, for a total value of $1,512,500.00. Following the sale, the insider now directly owns 816,014 shares of the company’s stock, valued at $19,747,538.80. The disclosure for this sale can be found here. Insiders have sold a total of 1,258,500 shares of company stock valued at $30,533,900 over the last ninety days.

Institutional investors have recently bought and sold shares of the business. Macquarie Group Ltd. acquired a new stake in Schneider National during the 2nd quarter worth approximately $1,935,000. Engineers Gate Manager LP acquired a new stake in Schneider National during the 3rd quarter worth approximately $970,000. Farmers & Merchants Investments Inc. acquired a new stake in Schneider National during the 3rd quarter worth approximately $3,807,000. Stifel Financial Corp acquired a new stake in Schneider National during the 2nd quarter worth approximately $2,489,000. Finally, Legato Capital Management LLC acquired a new stake in Schneider National during the 3rd quarter worth approximately $451,000. 21.45% of the stock is owned by institutional investors.

Schneider National (NYSE:SNDR) opened at $28.05 on Thursday. Schneider National has a 1-year low of $17.69 and a 1-year high of $29.36. The company has a market capitalization of $4,960.00 and a PE ratio of 31.88. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 1.93.

The company also recently announced a quarterly dividend, which was paid on Monday, January 8th. Investors of record on Friday, December 15th were given a $0.05 dividend. The ex-dividend date was Thursday, December 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.71%. Schneider National’s dividend payout ratio (DPR) is presently 22.73%.

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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.

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