Shares of A Schulman Inc (NASDAQ:SHLM) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $43.00.
A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of A Schulman from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Wednesday. BidaskClub downgraded shares of A Schulman from a “buy” rating to a “hold” rating in a research note on Wednesday. SunTrust Banks raised their price target on shares of A Schulman from $32.00 to $37.00 and gave the company a “hold” rating in a research note on Monday, January 8th. Longbow Research downgraded shares of A Schulman from a “buy” rating to a “neutral” rating in a research note on Friday, February 16th. Finally, Gabelli downgraded shares of A Schulman from a “buy” rating to a “hold” rating in a research note on Friday, February 16th.
A Schulman (SHLM) traded up $0.45 on Friday, hitting $43.70. 532,474 shares of the stock were exchanged, compared to its average volume of 568,291. A Schulman has a one year low of $25.00 and a one year high of $43.88. The company has a current ratio of 1.61, a quick ratio of 0.98 and a debt-to-equity ratio of 4.01. The firm has a market cap of $1,275.93, a P/E ratio of 34.68, a P/E/G ratio of 2.01 and a beta of 1.32.
Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new position in A Schulman in the 3rd quarter valued at approximately $111,000. Advisor Group Inc. raised its holdings in A Schulman by 79.5% in the 4th quarter. Advisor Group Inc. now owns 3,262 shares of the basic materials company’s stock valued at $121,000 after buying an additional 1,445 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in A Schulman in the 3rd quarter valued at approximately $202,000. Paragon Capital Management Ltd bought a new position in A Schulman in the 4th quarter valued at approximately $206,000. Finally, Koch Industries Inc. bought a new position in A Schulman in the 4th quarter valued at approximately $232,000. Institutional investors and hedge funds own 87.87% of the company’s stock.
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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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