A. Schulman (NASDAQ:SHLM) announced its quarterly earnings results on Monday. The basic materials company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.44 by $0.11, Briefing.com reports. 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 the consensus estimate of $639.10 million. During the same quarter last year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. A. Schulman updated its FY18 guidance to $2.00-$2.22 EPS.

Shares of A. Schulman (NASDAQ SHLM) opened at $38.90 on Tuesday. A. Schulman has a 12-month low of $25.00 and a 12-month high of $39.85. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09. The firm has a market capitalization of $1,150.00, a P/E ratio of 45.23, a PEG ratio of 1.92 and a beta of 1.58.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Monday, January 15th will be given a $0.205 dividend. The ex-dividend date is Thursday, January 11th. This represents a $0.82 annualized dividend and a dividend yield of 2.11%. A. Schulman’s dividend payout ratio is 95.35%.

Several brokerages have commented on SHLM. SunTrust Banks increased their price target on A. Schulman from $32.00 to $37.00 and gave the company a “hold” rating in a report on Monday. Zacks Investment Research upgraded A. Schulman from a “sell” rating to a “strong-buy” rating and set a $41.00 price target on the stock in a report on Saturday, October 21st. ValuEngine downgraded A. Schulman from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. TheStreet upgraded A. Schulman from a “c-” rating to a “b-” rating in a report on Tuesday, November 7th. Finally, BidaskClub cut A. Schulman from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $38.33.

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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 for A. Schulman (NASDAQ:SHLM)

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