Zacks: Analysts Anticipate Schneider National Inc (SNDR) Will Announce Quarterly Sales of $1.30 Billion

Brokerages expect Schneider National Inc (NYSE:SNDR) to report sales of $1.30 billion for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Schneider National’s earnings, with estimates ranging from $1.30 billion to $1.32 billion. Schneider National posted sales of $1.24 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 4.8%. The business is expected to issue its next earnings results on Thursday, August 1st.

According to Zacks, analysts expect that Schneider National will report full year sales of $5.27 billion for the current year, with estimates ranging from $5.19 billion to $5.30 billion. For the next financial year, analysts expect that the company will post sales of $5.55 billion, with estimates ranging from $5.49 billion to $5.61 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Schneider National.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, May 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.10). Schneider National had a net margin of 5.13% and a return on equity of 12.69%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the firm earned $0.27 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis.



A number of research analysts have weighed in on the stock. Stephens set a $25.00 price objective on shares of Schneider National and gave the company a “buy” rating in a report on Friday, May 3rd. UBS Group set a $24.00 price objective on shares of Schneider National and gave the company a “buy” rating in a report on Friday, May 3rd. Zacks Investment Research cut shares of Schneider National from a “hold” rating to a “sell” rating in a report on Tuesday, April 30th. Buckingham Research cut their price objective on shares of Schneider National from $30.00 to $29.00 and set a “buy” rating for the company in a report on Tuesday, April 2nd. Finally, ValuEngine cut shares of Schneider National from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $27.20.

SNDR traded up $0.33 on Thursday, reaching $19.00. The stock had a trading volume of 1,055,100 shares, compared to its average volume of 638,778. Schneider National has a 12-month low of $17.56 and a 12-month high of $30.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.02 and a current ratio of 2.10. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 12.26, a PEG ratio of 1.26 and a beta of 1.45.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.26%. Schneider National’s dividend payout ratio is currently 15.48%.

In other news, CEO Christopher B. Lofgren sold 245,995 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $21.52, for a total transaction of $5,293,812.40. Following the completion of the sale, the chief executive officer now owns 1,378,534 shares of the company’s stock, valued at $29,666,051.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher B. Lofgren sold 54,005 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was 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 of the company’s stock, valued at approximately $31,379,424.84. The disclosure for this sale can be found here. 28.00% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Hawaiian Bank lifted its holdings in Schneider National by 25.6% during the 1st quarter. First Hawaiian Bank now owns 3,816 shares of the company’s stock worth $80,000 after buying an additional 777 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Schneider National by 6.4% in the 1st quarter. Janus Henderson Group PLC now owns 16,736 shares of the company’s stock valued at $352,000 after buying an additional 1,010 shares during the last quarter. Essex Investment Management Co. LLC grew its position in shares of Schneider National by 13.5% in the 1st quarter. Essex Investment Management Co. LLC now owns 10,923 shares of the company’s stock valued at $230,000 after buying an additional 1,296 shares during the last quarter. BOKF NA grew its position in shares of Schneider National by 6.4% in the 4th quarter. BOKF NA now owns 25,336 shares of the company’s stock valued at $473,000 after buying an additional 1,517 shares during the last quarter. Finally, Cresset Asset Management LLC purchased a new position in shares of Schneider National in the 1st quarter valued at $49,000. 24.06% of the stock is owned by institutional investors.

About Schneider National

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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