A. Schulman, Inc. (NASDAQ:SHLM) – Research analysts at SunTrust Banks issued their Q1 2019 EPS estimates for A. Schulman in a research report issued to clients and investors on Sunday. SunTrust Banks analyst J. Freuchtel forecasts that the basic materials company will post earnings per share of $0.67 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 FY2019 earnings at $2.60 EPS.

Several other research firms have also commented on SHLM. TheStreet raised A. Schulman from a “c+” rating to a “b-” rating in a research report on Tuesday. ValuEngine lowered A. Schulman from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Zacks Investment Research lowered A. Schulman from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, BidaskClub raised A. Schulman from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. A. Schulman has a consensus rating of “Hold” and a consensus price target of $38.33.

A. Schulman (NASDAQ SHLM) traded up $1.00 during trading hours on Tuesday, reaching $39.90. The company’s stock had a trading volume of 201,656 shares, compared to its average volume of 239,757. The company has a quick ratio of 1.09, a current ratio of 1.68 and a debt-to-equity ratio of 4.28. A. Schulman has a one year low of $25.00 and a one year high of $40.95. The stock has a market capitalization of $1,120.00, a price-to-earnings ratio of 46.40, a PEG ratio of 1.92 and a beta of 1.58.

A. Schulman (NASDAQ:SHLM) last released its quarterly earnings data on Monday, January 8th. The basic materials company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.44 by $0.11. A. Schulman had a return on equity of 31.20% and a net margin of 1.35%. The company had revenue of $674.60 million for the quarter, compared to analyst estimates of $639.10 million. During the same period last year, the company posted $0.49 earnings per share. The firm’s revenue was up 12.4% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently made changes to their positions in SHLM. Beach Investment Management LLC. purchased a new stake in shares of A. Schulman during the second quarter worth about $355,000. Schwab Charles Investment Management Inc. increased its position in shares of A. Schulman by 21.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 346,099 shares of the basic materials company’s stock worth $11,076,000 after acquiring an additional 60,616 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of A. Schulman during the second quarter worth about $471,000. Legal & General Group Plc increased its position in shares of A. Schulman by 8.9% during the second quarter. Legal & General Group Plc now owns 57,654 shares of the basic materials company’s stock worth $1,840,000 after acquiring an additional 4,702 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of A. Schulman by 38.7% during 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. 78.94% of the stock is currently owned by institutional investors and hedge funds.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Monday, January 15th will be given a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Thursday, January 11th. A. Schulman’s payout ratio is 95.35%.

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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.

Earnings History and Estimates for A. Schulman (NASDAQ:SHLM)

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