A Schulman Inc (NASDAQ:SHLM) – SunTrust Banks issued their Q1 2018 earnings estimates for shares of A Schulman in a research report issued to clients and investors on Sunday, Zacks Investment Research reports. SunTrust Banks analyst J. Freuchtel expects that the basic materials company will post earnings of $0.47 per share 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 posted its earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.11. A Schulman had a net margin of 1.78% and a return on equity of 28.45%. The firm had revenue of $674.60 million during the quarter, compared to the consensus estimate of $639.10 million. During the same period last year, the firm posted $0.49 EPS. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis.
A number of other equities research analysts also recently commented on SHLM. Zacks Investment Research downgraded shares of A Schulman from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. TheStreet upgraded shares of A Schulman from a “c-” rating to a “b-” rating in a report on Tuesday, November 7th. ValuEngine downgraded shares of A Schulman from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, BidaskClub downgraded shares of A Schulman from a “hold” rating to a “sell” rating in a report on Saturday, December 9th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $39.67.
A Schulman (NASDAQ SHLM) traded up $0.10 during trading hours on Wednesday, 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 current ratio of 1.61 and a quick ratio of 0.98. A Schulman has a 52-week low of $25.00 and a 52-week high of $40.95. The stock has a market cap of $1,134.33, a P/E ratio of 31.03, a P/E/G ratio of 1.82 and a beta of 1.58.
Hedge funds and other institutional investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its position in shares of A Schulman by 38.7% in the second quarter. BNP Paribas Arbitrage SA now owns 11,899 shares of the basic materials company’s stock worth $381,000 after acquiring an additional 3,323 shares during the last quarter. Alpha Windward LLC acquired a new stake in shares of A Schulman in the third quarter worth approximately $535,000. Stifel Financial Corp boosted its position in shares of A Schulman by 16.0% in the second quarter. Stifel Financial Corp now owns 199,682 shares of the basic materials company’s stock worth $6,383,000 after acquiring an additional 27,562 shares during the last quarter. LSV Asset Management boosted its position in shares of A Schulman by 11.7% in the second quarter. LSV Asset Management now owns 739,006 shares of the basic materials company’s stock worth $23,648,000 after acquiring an additional 77,691 shares during the last quarter. Finally, Laurion Capital Management LP acquired a new stake in shares of A Schulman in the second quarter worth approximately $251,000. Institutional investors and hedge funds own 78.74% of the company’s stock.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Monday, January 15th will be issued a dividend of $0.205 per share. The ex-dividend date is Thursday, January 11th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.10%. A Schulman’s dividend payout ratio (DPR) is presently 65.08%.
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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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