BidaskClub upgraded shares of A Schulman (NASDAQ:SHLM) from a hold rating to a buy rating in a research report released on Wednesday.
A number of other equities analysts have also commented on SHLM. Zacks Investment Research lowered A Schulman from a buy rating to a hold rating in a research note on Tuesday, March 13th. Gabelli lowered A Schulman from a buy rating to a hold rating in a research note on Friday, February 16th. TheStreet upgraded A Schulman from a c+ rating to a b- rating in a research note on Tuesday, January 9th. ValuEngine upgraded A Schulman from a hold rating to a buy rating in a research note on Thursday, February 15th. Finally, Longbow Research lowered A Schulman from a buy rating to a neutral rating in a research note on Friday, February 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average price target of $41.00.
SHLM stock opened at $43.05 on Wednesday. The company has a debt-to-equity ratio of 4.01, a current ratio of 1.61 and a quick ratio of 0.98. The company has a market capitalization of $1,275.93, a PE ratio of 34.17, a PEG ratio of 2.01 and a beta of 1.32. A Schulman has a 12 month low of $25.00 and a 12 month high of $43.88.
A Schulman (NASDAQ:SHLM) last posted its quarterly earnings data on Monday, January 8th. The basic materials company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.11. The business 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 28.45% and a net margin of 1.78%. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 earnings per share. research analysts predict that A Schulman will post 2.2 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of SHLM. SG Americas Securities LLC bought a new position in A Schulman during the third quarter valued at about $111,000. Advisor Group Inc. increased its stake in A Schulman by 79.5% during the fourth quarter. Advisor Group Inc. now owns 3,262 shares of the basic materials company’s stock valued at $121,000 after acquiring an additional 1,445 shares during the period. Crossmark Global Holdings Inc. bought a new position in A Schulman during the third quarter valued at about $202,000. Paragon Capital Management Ltd bought a new position in A Schulman during the fourth quarter valued at about $206,000. Finally, Koch Industries Inc. bought a new position in A Schulman during the fourth quarter valued at about $232,000. Hedge funds and other institutional investors 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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