A Schulman Inc (SHLM) Receives Consensus Rating of “Hold” from Analysts

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.

How to Become a New Pot Stock Millionaire

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.

A Schulman (NASDAQ:SHLM) last posted its quarterly earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.11. A Schulman had a net margin of 1.78% and a return on equity of 28.45%. The company had revenue of $674.60 million for the quarter, compared to the consensus estimate of $639.10 million. During the same period last year, the company posted $0.49 EPS. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. equities analysts predict that A Schulman will post 2.2 earnings per share for the current fiscal year.

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.

TRADEMARK VIOLATION WARNING: “A Schulman Inc (SHLM) Receives Consensus Rating of “Hold” from Analysts” was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3272782/a-schulman-inc-shlm-receives-consensus-rating-of-hold-from-analysts.html.

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.

Receive News & Ratings for A Schulman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A Schulman and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

OFCOIN  Trading Up 19.5% Over Last 7 Days
OFCOIN Trading Up 19.5% Over Last 7 Days
eBoost Price Reaches $0.42
eBoost Price Reaches $0.42
Norfolk Southern  Given Average Recommendation of “Hold” by Brokerages
Norfolk Southern Given Average Recommendation of “Hold” by Brokerages
Encompass Health  Expected to Announce Quarterly Sales of $1.03 Billion
Encompass Health Expected to Announce Quarterly Sales of $1.03 Billion
Tintri  Trading Down 3.6%
Tintri Trading Down 3.6%
Avid Bioservices  Stock Price Up -2.1%
Avid Bioservices Stock Price Up -2.1%


© 2006-2018 Ticker Report. Google+.