Schneider National (NYSE:SNDR) Releases FY 2020 IntraDay Earnings Guidance

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Schneider National (NYSE:SNDR) updated its FY 2020
IntraDay earnings guidance on Thursday. The company provided EPS guidance of 1.10-1.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.05. Schneider National also updated its FY20 guidance to $1.10-1.25 EPS.

NYSE:SNDR opened at $25.13 on Friday. The firm has a 50 day simple moving average of $24.43 and a 200-day simple moving average of $21.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.07 and a quick ratio of 2.95. The firm has a market cap of $4.37 billion, a PE ratio of 20.73, a P/E/G ratio of 4.03 and a beta of 1.10. Schneider National has a 1-year low of $15.36 and a 1-year high of $26.46.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.07. Schneider National had a net margin of 3.69% and a return on equity of 9.52%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the firm earned $0.34 earnings per share. The business’s quarterly revenue was down 14.8% compared to the same quarter last year. As a group, sell-side analysts expect that Schneider National will post 1.15 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.065 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.26 annualized dividend and a yield of 1.03%. Schneider National’s payout ratio is 20.97%.

SNDR has been the subject of several research reports. Morgan Stanley raised their price objective on shares of Schneider National from $26.00 to $27.00 and gave the company an overweight rating in a research report on Monday, July 6th. TheStreet upgraded shares of Schneider National from a c+ rating to a b- rating in a report on Thursday, May 28th. UBS Group raised their price target on shares of Schneider National from $27.00 to $29.00 and gave the stock a buy rating in a report on Friday. Cowen restated a hold rating and set a $25.00 price target on shares of Schneider National in a report on Thursday. Finally, Credit Suisse Group raised their price objective on shares of Schneider National from $24.00 to $26.00 and gave the company a neutral rating in a research report on Friday. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Schneider National has an average rating of Buy and an average target price of $24.82.

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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