Research Analysts Offer Predictions for A. Schulman, Inc.’s Q1 2018 Earnings (SHLM)

A. Schulman, Inc. (NASDAQ:SHLM) – Stock analysts at SunTrust Banks issued their Q1 2018 earnings per share estimates for shares of A. Schulman in a research note issued to investors on Sunday. SunTrust Banks analyst J. Freuchtel forecasts that the basic materials company will post earnings per share of $0.47 for the quarter. SunTrust Banks has a “Hold” rating and a $37.00 price objective on the stock. SunTrust Banks also issued estimates for A. Schulman’s Q2 2018 earnings at $0.38 EPS, Q4 2018 earnings at $0.61 EPS, FY2018 earnings at $2.23 EPS, Q2 2019 earnings at $0.52 EPS, Q3 2019 earnings at $0.75 EPS and Q4 2019 earnings at $0.67 EPS.

A. Schulman (NASDAQ:SHLM) last released its earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.11. The firm had revenue of $674.60 million for the quarter, compared to analyst estimates of $639.10 million. A. Schulman had a return on equity of 31.20% and a net margin of 1.35%. A. Schulman’s revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 earnings per share.

A number of other research analysts have also issued reports on SHLM. Zacks Investment Research raised A. Schulman from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. TheStreet raised A. Schulman from a “c-” rating to a “b-” rating in a report on Tuesday, November 7th. ValuEngine lowered A. Schulman from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, BidaskClub lowered A. Schulman from a “hold” rating to a “sell” rating in a report on Saturday, December 9th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. A. Schulman presently has an average rating of “Hold” and a consensus price target of $38.33.

A. Schulman (NASDAQ SHLM) traded up $1.00 during trading hours on Wednesday, reaching $38.90. The company had a trading volume of 335,800 shares, compared to its average volume of 245,200. The firm has a market capitalization of $1,120.00, a price-to-earnings ratio of 45.23, a P/E/G ratio of 1.92 and a beta of 1.58. A. Schulman has a 1 year low of $25.00 and a 1 year high of $40.95. The company has a current ratio of 1.68, a quick ratio of 1.09 and a debt-to-equity ratio of 4.28.

Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new stake in shares of A. Schulman during the 3rd quarter valued at about $111,000. PNC Financial Services Group Inc. lifted its holdings in A. Schulman by 1.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,854 shares of the basic materials company’s stock worth $156,000 after purchasing an additional 50 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new stake in A. Schulman in the 3rd quarter worth approximately $202,000. Piedmont Investment Advisors LLC acquired a new stake in A. Schulman in the 2nd quarter worth approximately $204,000. Finally, NJ State Employees Deferred Compensation Plan acquired a new stake in A. Schulman in the 3rd quarter worth approximately $205,000. 78.94% of the stock is currently owned by hedge funds and other institutional investors.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Monday, January 15th will be paid a $0.205 dividend. The ex-dividend date is Thursday, January 11th. This represents a $0.82 dividend on an annualized basis and a yield of 2.11%. A. Schulman’s dividend payout ratio is currently 95.35%.

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About A. Schulman

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.

Earnings History and Estimates for A. Schulman (NASDAQ:SHLM)

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