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Schneider National downgraded to Neutral from Buy at Citi » 05:59
11/24/20
11/24
05:59
11/24/20
05:59
SNDR

Schneider National

$21.22 /

-0.565 (-2.59%)

Citi analyst Christian…

Citi analyst Christian Wetherbee downgraded Schneider National to Neutral from Buy with a price target of $22, down from $30. The analyst is "stepping back" from the truckload space as he thinks it will be difficult for the stock to "shrug off peak-cycle fears in the coming months as data turns from excellent to simply good." He expects spot rates to begin topping out and to move lower, particularly as tough comps get lapped in the second half of 2021.

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SNDR Schneider National
$21.22 /

-0.565 (-2.59%)

SNDR Schneider National
$21.22 /

-0.565 (-2.59%)

11/09/20 Stifel
Schneider National upgraded to Buy ahead of special dividend payout at Stifel
11/09/20 Stifel
Schneider National upgraded to Buy from Hold at Stifel
10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
SNDR Schneider National
$21.22 /

-0.565 (-2.59%)

Conference/Events
Stephens to hold a virtual conference » 04:55
11/19/20
11/19
04:55
11/19/20
04:55
SNDR

Schneider National

$21.91 /

-0.34 (-1.53%)

, SLB

Schlumberger

$19.99 /

-0.1 (-0.50%)

NASH 2020 Investment…

NASH 2020 Investment Virtual Conference will be held on November 17-19.

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SNDR Schneider National
$21.91 /

-0.34 (-1.53%)

SLB Schlumberger
$19.99 /

-0.1 (-0.50%)

SNDR Schneider National
$21.91 /

-0.34 (-1.53%)

11/09/20 Stifel
Schneider National upgraded to Buy ahead of special dividend payout at Stifel
11/09/20 Stifel
Schneider National upgraded to Buy from Hold at Stifel
10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
SLB Schlumberger
$19.99 /

-0.1 (-0.50%)

11/10/20 Morgan Stanley
Morgan Stanley downgrades Oil Field Services industry view to In-Line
10/19/20 Morgan Stanley
Schlumberger's post-earnings selloff a buying opportunity, says Morgan Stanley
10/19/20 Wells Fargo
Schlumberger price target lowered to $23 from $28 at Wells Fargo
10/12/20 Exane BNP Paribas
Schlumberger initiated with a Neutral at Exane BNP Paribas
SNDR Schneider National
$21.91 /

-0.34 (-1.53%)

SLB Schlumberger
$19.99 /

-0.1 (-0.50%)

SLB Schlumberger
$19.99 /

-0.1 (-0.50%)

SLB Schlumberger
$19.99 /

-0.1 (-0.50%)

SLB Schlumberger
$19.99 /

-0.1 (-0.50%)

Conference/Events
Stephens to hold a virtual conference » 04:55
11/18/20
11/18
04:55
11/18/20
04:55
SNDR

Schneider National

$22.25 /

+0.26 (+1.18%)

, SLB

Schlumberger

$20.09 /

+0.05 (+0.25%)

NASH 2020 Investment…

NASH 2020 Investment Virtual Conference will be held on November 17-19.

ShowHide Related Items >><<
SNDR Schneider National
$22.25 /

+0.26 (+1.18%)

SLB Schlumberger
$20.09 /

+0.05 (+0.25%)

SNDR Schneider National
$22.25 /

+0.26 (+1.18%)

11/09/20 Stifel
Schneider National upgraded to Buy ahead of special dividend payout at Stifel
11/09/20 Stifel
Schneider National upgraded to Buy from Hold at Stifel
10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
SLB Schlumberger
$20.09 /

+0.05 (+0.25%)

11/10/20 Morgan Stanley
Morgan Stanley downgrades Oil Field Services industry view to In-Line
10/19/20 Morgan Stanley
Schlumberger's post-earnings selloff a buying opportunity, says Morgan Stanley
10/19/20 Wells Fargo
Schlumberger price target lowered to $23 from $28 at Wells Fargo
10/12/20 Exane BNP Paribas
Schlumberger initiated with a Neutral at Exane BNP Paribas
SNDR Schneider National
$22.25 /

+0.26 (+1.18%)

SLB Schlumberger
$20.09 /

+0.05 (+0.25%)

SLB Schlumberger
$20.09 /

+0.05 (+0.25%)

SLB Schlumberger
$20.09 /

+0.05 (+0.25%)

SLB Schlumberger
$20.09 /

+0.05 (+0.25%)

Conference/Events
Stephens to hold a virtual conference » 09:09
11/17/20
11/17
09:09
11/17/20
09:09
SNDR

Schneider National

$22.01 /

+0.22 (+1.01%)

, SLB

Schlumberger

$20.05 /

+2.05 (+11.39%)

NASH 2020 Investment…

NASH 2020 Investment Virtual Conference will be held on November 17-19.

ShowHide Related Items >><<
SNDR Schneider National
$22.01 /

+0.22 (+1.01%)

SLB Schlumberger
$20.05 /

+2.05 (+11.39%)

SNDR Schneider National
$22.01 /

+0.22 (+1.01%)

11/09/20 Stifel
Schneider National upgraded to Buy ahead of special dividend payout at Stifel
11/09/20 Stifel
Schneider National upgraded to Buy from Hold at Stifel
10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
SLB Schlumberger
$20.05 /

+2.05 (+11.39%)

11/10/20 Morgan Stanley
Morgan Stanley downgrades Oil Field Services industry view to In-Line
10/19/20 Morgan Stanley
Schlumberger's post-earnings selloff a buying opportunity, says Morgan Stanley
10/19/20 Wells Fargo
Schlumberger price target lowered to $23 from $28 at Wells Fargo
10/12/20 Exane BNP Paribas
Schlumberger initiated with a Neutral at Exane BNP Paribas
SNDR Schneider National
$22.01 /

+0.22 (+1.01%)

SLB Schlumberger
$20.05 /

+2.05 (+11.39%)

SLB Schlumberger
$20.05 /

+2.05 (+11.39%)

SLB Schlumberger
$20.05 /

+2.05 (+11.39%)

SLB Schlumberger
$20.05 /

+2.05 (+11.39%)

Upgrade
Schneider National upgraded to Buy ahead of special dividend payout at Stifel » 06:41
11/09/20
11/09
06:41
11/09/20
06:41
SNDR

Schneider National

$20.99 /

+1.31 (+6.66%)

As previously reported,…

As previously reported, Stifel analyst David Ross upgraded Schneider National to Buy from Hold with a price target of $26, down from $28. Ross notes that a special dividend of $2.00 per share will be paid around November 19 to both Class A and Class B shareholders of record at the close of business on November 9, calling this payout "not bad on an about $21 stock." With a net debt-free balance sheet, even after the special dividend, and a business that is getting better, he is adding Schneider to the list of truckload stocks he would buy as he believes the company will benefit from a healthy pricing cycle in 2021, Ross tells investors.

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SNDR Schneider National
$20.99 /

+1.31 (+6.66%)

SNDR Schneider National
$20.99 /

+1.31 (+6.66%)

11/09/20 Stifel
Schneider National upgraded to Buy from Hold at Stifel
10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
09/23/20 Wells Fargo
Schneider National initiated with an Equal Weight at Wells Fargo
SNDR Schneider National
$20.99 /

+1.31 (+6.66%)

Upgrade
Schneider National upgraded to Buy from Hold at Stifel » 05:21
11/09/20
11/09
05:21
11/09/20
05:21
SNDR

Schneider National

$20.99 /

+1.31 (+6.66%)

Stifel analyst David Ross…

Stifel analyst David Ross upgraded Schneider National to Buy from Hold with a $26 price target.

ShowHide Related Items >><<
SNDR Schneider National
$20.99 /

+1.31 (+6.66%)

SNDR Schneider National
$20.99 /

+1.31 (+6.66%)

10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
09/23/20 Wells Fargo
Schneider National initiated with an Equal Weight at Wells Fargo
09/11/20 Stifel
Schneider National price target raised to $27 from $24 at Stifel
SNDR Schneider National
$20.99 /

+1.31 (+6.66%)

Over a month ago
Hot Stocks
Schneider National declares special dividend of $2.00 per share » 09:15
10/29/20
10/29
09:15
10/29/20
09:15
SNDR

Schneider National

$22.82 /

-0.52 (-2.23%)

The company's board…

The company's board approved a special dividend of $2.00 per share to holders of Class A and Class B common stock. The dividend is payable to shareholders of record at the close of business on November 9 and is expected to be paid November 19. Given the company's 177.3M common shares outstanding, this represents approximately $355M that will be distributed to its shareholders.

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SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
09/23/20 Wells Fargo
Schneider National initiated with an Equal Weight at Wells Fargo
09/11/20 Stifel
Schneider National price target raised to $27 from $24 at Stifel
SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

Earnings
Schneider National raises FY20 adj. EPS view to $1.18-$1.22 from $1.10-$1.25 » 09:13
10/29/20
10/29
09:13
10/29/20
09:13
SNDR

Schneider National

$22.82 /

-0.52 (-2.23%)

Consensus $1.22.…

Consensus $1.22. "The tight market conditions prevalent during the third quarter are anticipated to continue well beyond the fourth quarter, as demand is strong and the driver shortage persists," Rourke stated. "This operating environment, coupled with internal improvement initiatives, are expected to result in full year 2020 adjusted diluted EPS of $1.18 - $1.22. In addition, our full year 2020 guidance for net capital expenditures is approximately $250 million."

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SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
09/23/20 Wells Fargo
Schneider National initiated with an Equal Weight at Wells Fargo
09/11/20 Stifel
Schneider National price target raised to $27 from $24 at Stifel
SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

Earnings
Schneider National reports Q3 adj. EPS 31c, consensus 31c » 09:10
10/29/20
10/29
09:10
10/29/20
09:10
SNDR

Schneider National

$22.82 /

-0.52 (-2.23%)

Reports Q3 revenue…

Reports Q3 revenue $1.14B, consensus $1.12B. "During the third quarter, recovery of freight volumes accelerated and demand in nearly all geographic markets exceeded capacity," said Mark Rourke, CEO and president of Schneider. "In our Truckload and Intermodal segments, operating ratio improved sequentially as a result of increased volume, our targeted yield management actions, and our cost management focus. In our Truckload segment, network volumes were constrained by tight driver capacity, yet sequential revenue growth was achieved in our dedicated operations. In our Intermodal segment, network balance improved throughout the quarter and further volume growth is expected in the fourth quarter. In our Logistics segment, we grew third quarter revenue 20% year over year and improved revenue per order as the quarter progressed by effectively matching loads with third-party capacity."

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SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

10/09/20 JPMorgan
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight
10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
09/23/20 Wells Fargo
Schneider National initiated with an Equal Weight at Wells Fargo
09/11/20 Stifel
Schneider National price target raised to $27 from $24 at Stifel
SNDR Schneider National
$22.82 /

-0.52 (-2.23%)

Downgrade
JPMorgan negative on truckload rate cycle, cuts Schneider to Underweight » 08:12
10/09/20
10/09
08:12
10/09/20
08:12
SNDR

Schneider National

$25.61 /

+ (+0.00%)

JPMorgan analyst Brian…

JPMorgan analyst Brian Ossenbeck downgraded Schneider National to Underweight from Neutral with a price target of $20, down from $25. The analyst is turning negative on the truckload rate cycle ahead of Q3 earnings reports. The market has again overlooked the negative impact of regulations on spot truckload rate momentum, Ossenbeck tells investors in a research note. Looser regulations added capacity throughout 2018 and increased flexibility right now to comply with Hours of Service implemented last week will add an estimated 2%-3% to effective capacity, says the analyst. He views the recent spike in Class 8 orders "as the likely tip of the supply-side iceberg" for spot full truckload rate momentum, which implies further downside for Schneider shares, contends Ossenbeck.

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SNDR Schneider National
$25.61 /

+ (+0.00%)

SNDR Schneider National
$25.61 /

+ (+0.00%)

10/09/20 JPMorgan
Schneider National downgraded to Underweight from Neutral at JPMorgan
09/23/20 Wells Fargo
Schneider National initiated with an Equal Weight at Wells Fargo
09/11/20 Stifel
Schneider National price target raised to $27 from $24 at Stifel
08/04/20 Goldman Sachs
Landstar System upgraded to Neutral from Sell at Goldman Sachs
SNDR Schneider National
$25.61 /

+ (+0.00%)

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