A. Schulman (NASDAQ:SHLM) is scheduled to be releasing its earnings data after the market closes on Monday, January 8th. Analysts expect A. Schulman to post earnings of $0.46 per share for the quarter. A. Schulman has set its FY18 guidance at $2.00-2.20 EPS.
A. Schulman (NASDAQ:SHLM) last posted its quarterly earnings data on Wednesday, October 25th. The basic materials company reported $0.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.07. A. Schulman had a return on equity of 31.20% and a net margin of 1.35%. The business had revenue of $646.65 million for the quarter, compared to analysts’ expectations of $624.91 million. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The business’s revenue was up 7.0% on a year-over-year basis. On average, analysts expect A. Schulman to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
A. Schulman (NASDAQ:SHLM) opened at $39.10 on Friday. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09. A. Schulman has a 1 year low of $25.00 and a 1 year high of $39.85. The firm has a market capitalization of $1,150.00, a price-to-earnings ratio of 45.47, a price-to-earnings-growth ratio of 1.88 and a beta of 1.58.
Several research firms have weighed in on SHLM. TheStreet raised A. Schulman from a “c-” rating to a “b-” rating in a research report on Tuesday, November 7th. ValuEngine cut A. Schulman from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Zacks Investment Research cut A. Schulman from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub raised A. Schulman from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. Finally, SunTrust Banks reaffirmed a “hold” rating on shares of A. Schulman in a research report on Friday, October 27th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. A. Schulman presently has an average rating of “Hold” and an average target price of $39.00.
A. Schulman Company Profile
A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.
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