Shiloh Industries (NASDAQ:SHLO) released its quarterly earnings data on Thursday. The basic materials company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.14, Bloomberg Earnings reports. The company had revenue of $247.67 million for the quarter, compared to the consensus estimate of $233.10 million. Shiloh Industries had a return on equity of 8.29% and a net margin of 0.59%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.03) earnings per share.
Shiloh Industries (NASDAQ SHLO) opened at $8.23 on Friday. The company has a market capitalization of $195.70, a P/E ratio of -411.50 and a beta of 1.87. The company has a quick ratio of 1.08, a current ratio of 1.36 and a debt-to-equity ratio of 0.96. Shiloh Industries has a 1-year low of $6.45 and a 1-year high of $15.00.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in shares of Shiloh Industries by 5.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,531,531 shares of the basic materials company’s stock worth $15,928,000 after acquiring an additional 72,896 shares in the last quarter. Weber Alan W boosted its holdings in shares of Shiloh Industries by 69.1% in the 3rd quarter. Weber Alan W now owns 501,679 shares of the basic materials company’s stock worth $5,217,000 after acquiring an additional 205,000 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Shiloh Industries by 16.4% in the 2nd quarter. Vanguard Group Inc. now owns 384,329 shares of the basic materials company’s stock worth $4,512,000 after acquiring an additional 54,154 shares in the last quarter. Algert Global LLC boosted its holdings in shares of Shiloh Industries by 54.4% in the 3rd quarter. Algert Global LLC now owns 190,712 shares of the basic materials company’s stock worth $1,983,000 after acquiring an additional 67,233 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. acquired a new position in shares of Shiloh Industries in the 3rd quarter worth approximately $1,976,000. 42.94% of the stock is currently owned by institutional investors and hedge funds.
About Shiloh Industries
Shiloh Industries, Inc is a supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial markets. The Company operates through Automotive and Commercial Vehicles segment. The Company offers portfolio of lightweighting solutions in aluminum, magnesium, steel and high strength steel alloys.
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