Press coverage about A Schulman (NASDAQ:SHLM) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. A Schulman earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 44.8199081087495 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
SHLM stock traded down $0.15 during midday trading on Wednesday, hitting $44.60. The stock had a trading volume of 258,389 shares, compared to its average volume of 138,074. The company has a debt-to-equity ratio of 4.41, a quick ratio of 1.09 and a current ratio of 1.72. The stock has a market capitalization of $1.32 billion, a P/E ratio of 25.49 and a beta of 1.31. A Schulman has a 12-month low of $25.00 and a 12-month high of $45.10.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 1st. Stockholders of record on Friday, July 13th will be issued a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, July 12th. A Schulman’s dividend payout ratio (DPR) is presently 46.86%.
Several brokerages recently issued reports on SHLM. Zacks Investment Research upgraded A Schulman from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research report on Wednesday, March 14th. BidaskClub cut shares of A Schulman from a “hold” rating to a “sell” rating in a research note on Friday, June 15th. Finally, TheStreet cut shares of A Schulman from a “b-” rating to a “c” rating in a research note on Wednesday, April 11th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $41.00.
A Schulman Company Profile
A. Schulman, Inc manufactures and supplies plastic compounds and resins. It offers custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects. The company also provides engineered composites, such as bulk molding compounds, sheet molding compounds, and thick molding compounds, as well as high performance engineered structural composite solutions for original equipment manufacturers and custom molders.
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