Brokerages expect Schneider National Inc (NASDAQ:SNDR) to announce sales of $1.06 billion for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Schneider National’s earnings, with the lowest sales estimate coming in at $1.05 billion and the highest estimate coming in at $1.07 billion. The company is expected to issue its next quarterly earnings results on Thursday, August 10th.
According to Zacks, analysts expect that Schneider National will report full-year sales of $1.06 billion for the current financial year, with estimates ranging from $4.33 billion to $4.36 billion. For the next financial year, analysts anticipate that the company will post sales of $4.64 billion per share, with estimates ranging from $4.58 billion to $4.76 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that that provide coverage for Schneider National.
Schneider National (NASDAQ:SNDR) last issued its quarterly earnings data on Thursday, May 11th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $996.33 million. Schneider National had a return on equity of 7.58% and a net margin of 2.24%. Schneider National’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 earnings per share.
SNDR has been the subject of a number of recent research reports. Stephens initiated coverage on Schneider National in a research report on Wednesday, April 19th. They set an “equal weight” rating and a $18.00 price objective for the company. J P Morgan Chase & Co initiated coverage on Schneider National in a research report on Monday, May 1st. They set an “overweight” rating and a $22.00 price objective for the company. Citigroup Inc. initiated coverage on Schneider National in a research report on Tuesday, May 2nd. They set a “buy” rating and a $22.00 price objective for the company. Morgan Stanley initiated coverage on Schneider National in a research report on Monday, May 1st. They set an “overweight” rating and a $24.00 price objective for the company. Finally, Bank of America Corporation initiated coverage on Schneider National in a research report on Monday, May 1st. They set a “buy” rating and a $23.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. Schneider National presently has a consensus rating of “Buy” and an average price target of $22.63.
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Schneider National (SNDR) traded down 0.67% during trading on Friday, reaching $20.78. The company’s stock had a trading volume of 348,720 shares. The firm has a 50-day moving average price of $20.26 and a 200-day moving average price of $19.72. Schneider National has a 52 week low of $17.69 and a 52 week high of $23.12. The firm has a market capitalization of $3.67 billion and a P/E ratio of 0.75.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 11th. Stockholders of record on Friday, June 30th were issued a $0.05 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.96%.
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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