Schneider National (NYSE:SNDR) Releases Earnings Results, Beats Estimates By $0.07 EPS

Schneider National (NYSE:SNDR) released its earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07, MarketWatch Earnings reports. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Schneider National had a net margin of 3.69% and a return on equity of 9.52%. Schneider National’s revenue for the quarter was down 14.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 EPS. Schneider National updated its FY20 guidance to $1.10-1.25 EPS and its FY 2020
IntraDay guidance to 1.10-1.25 EPS.

NYSE:SNDR traded up $0.46 during mid-day trading on Friday, hitting $25.13. 597,484 shares of the stock traded hands, compared to its average volume of 565,365. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 21.12, a PEG ratio of 4.10 and a beta of 1.10. Schneider National has a 52 week low of $15.36 and a 52 week high of $26.46. The firm’s 50 day moving average is $24.43 and its two-hundred day moving average is $21.90. The company has a quick ratio of 2.95, a current ratio of 3.07 and a debt-to-equity ratio of 0.13.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Friday, September 11th will be issued 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%.

Several analysts have commented on the stock. UBS Group boosted their price target on shares of Schneider National from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday. TheStreet upgraded shares of Schneider National from a “c+” rating to a “b-” rating in a research note on Thursday, May 28th. Citigroup boosted their price target on shares of Schneider National from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Credit Suisse Group boosted their price target on shares of Schneider National from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Morgan Stanley boosted their price target on shares of Schneider National from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $24.82.

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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Earnings History for Schneider National (NYSE:SNDR)

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