Shares of Shiloh Industries, Inc. (NASDAQ:SHLO) have been given a consensus broker rating score of 2.50 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating and one has assigned a strong buy rating to the company.
Analysts have set a one year consensus target price of $9.75 for the company and are forecasting that the company will post ($0.15) EPS for the current quarter, according to Zacks. Zacks has also given Shiloh Industries an industry rank of 235 out of 256 based on the ratings given to related companies.
A number of research analysts have commented on the stock. BidaskClub downgraded shares of Shiloh Industries from a “hold” rating to a “sell” rating in a research note on Thursday, October 11th. ValuEngine downgraded shares of Shiloh Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd. Bank of America downgraded shares of Shiloh Industries from a “neutral” rating to an “underperform” rating and set a $10.00 price target on the stock. in a research report on Monday, October 1st. They noted that the move was a valuation call. BMO Capital Markets set a $14.00 price target on shares of Shiloh Industries and gave the stock a “buy” rating in a research report on Monday, September 17th. Finally, Zacks Investment Research downgraded shares of Shiloh Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday.
Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc increased its stake in Shiloh Industries by 3.8% during the 3rd quarter. Vanguard Group Inc now owns 699,009 shares of the basic materials company’s stock valued at $7,689,000 after buying an additional 25,651 shares during the period. Vanguard Group Inc. boosted its position in shares of Shiloh Industries by 3.8% during the 3rd quarter. Vanguard Group Inc. now owns 699,009 shares of the basic materials company’s stock valued at $7,689,000 after purchasing an additional 25,651 shares in the last quarter. Weber Alan W boosted its position in shares of Shiloh Industries by 9.6% during the 3rd quarter. Weber Alan W now owns 653,893 shares of the basic materials company’s stock valued at $7,193,000 after purchasing an additional 57,214 shares in the last quarter. Matarin Capital Management LLC bought a new position in shares of Shiloh Industries during the 3rd quarter valued at about $354,000. Finally, Ibex Investors LLC bought a new position in shares of Shiloh Industries during the 3rd quarter valued at about $195,000. 44.33% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ SHLO opened at $6.21 on Friday. Shiloh Industries has a 12 month low of $5.50 and a 12 month high of $12.28. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.37. The firm has a market cap of $146.98 million, a price-to-earnings ratio of 10.02, a P/E/G ratio of 4.13 and a beta of 1.68.
Shiloh Industries (NASDAQ:SHLO) last posted its quarterly earnings data on Thursday, December 20th. The basic materials company reported ($0.23) EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.35). Shiloh Industries had a net margin of 1.01% and a return on equity of 4.50%. The company had revenue of $300.06 million for the quarter. On average, research analysts expect that Shiloh Industries will post 0.2 EPS for the current fiscal year.
Shiloh Industries Company Profile
Shiloh Industries, Inc, together with its subsidiaries, provides lightweighting, noise, and vibration solutions to automotive, commercial vehicle, and other industrial markets worldwide. The company produces body systems components, including shock towers, instrument panel/cross car beams, torque boxes, tunnel supports, seat supports, seat back frames, hinge pillars, lift gates, door inners, roof supports/roof panels, dashpanels, body sides, and B and C pillars; and chassis systems components, such as cross members, frame rails, axle carriers, bearing caps, axle covers and housings, clutch housings, PTU covers, axle tubes, rack and pinion housings, steering column housings, knuckles, links, wheel hubs, calipers, master cylinders, steering pumps, brake components, wheel blanks, and flanges.
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