Schneider National, Inc.
Schneider National, Inc. (NYSE: SNDR) is a transportation and logistics company that offers a diverse range of truckload, intermodal, and logistical services. It operates as one of North America's major for-hire trucking fleets. SNDR is well-positioned to expand its service offerings and client base by leveraging its scalable platform and experienced operations team to acquire high-quality businesses that match its stringent selection criteria. As of December 20, 2021, the company's market capitalization stood at USD 4.55 billion.
Valuation Methodology: EV/EBITDA Multiple Based Relative Valuation
(Analysis by Kalkine Group)
* % Premium/(Discount) is based on our assessment of the company's NTM trading multiple after considering its key growth drivers, economic moat, stock's historical trading multiples versus peer average/median, and investment risks.
SNDR Daily Technical Chart (Source: REFINITIV)
SNDR stock has risen 17.84% in the past six months and is currently trading around the higher-band of the 52-week range of USD 20.39 to USD 27.15. The stock is currently trading above its 50 and 200 DMA levels, and its RSI Index is 49.04. We have valued the stock using the EV/EBITDA-based relative valuation methodology and arrived at a target price of USD 23.00.
Considering the uptick in the stock price and current valuation, we believe the decent business fundamentals are adequately reflected at current trading levels. Hence, we recommend a "Sell" rating on the stock at the closing price of USD 25.30, down 1.13%, as of December 20, 2021.
*All forecasted figures and Industry Information have been taken from REFINITIV.
*The reference data in this report has been partly sourced from REFINITIV.