A Schulman Inc (NASDAQ:SHLM) declared a quarterly dividend on Friday, January 5th, RTT News reports. Shareholders of record on Monday, January 15th will be given a dividend of 0.205 per share by the basic materials company on Thursday, February 1st. This represents a $0.82 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Thursday, January 11th.
A Schulman (NASDAQ SHLM) traded up $0.10 during trading hours on Thursday, reaching $39.10. 103,224 shares of the company’s stock traded hands, compared to its average volume of 168,615. The company has a debt-to-equity ratio of 4.01, a quick ratio of 0.98 and a current ratio of 1.61. A Schulman has a 12 month low of $25.00 and a 12 month high of $40.95. The stock has a market cap of $1,134.33, a P/E ratio of 31.03, a PEG ratio of 1.82 and a beta of 1.58.
A Schulman (NASDAQ:SHLM) last posted its earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.11. The firm had revenue of $674.60 million during the quarter, compared to analysts’ expectations of $639.10 million. A Schulman had a net margin of 1.78% and a return on equity of 28.45%. The business’s revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. research analysts anticipate that A Schulman will post 2.16 earnings per share for the current fiscal year.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of A Schulman from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Saturday, January 13th. TheStreet raised shares of A Schulman from a “c+” rating to a “b-” rating in a report on Tuesday, January 9th. SunTrust Banks upped their price objective on shares of A Schulman from $32.00 to $37.00 and gave the company a “hold” rating in a report on Monday, January 8th. BidaskClub raised shares of A Schulman from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Finally, ValuEngine lowered shares of A Schulman from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $39.67.
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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.
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