Wall Street analysts predict that A Schulman Inc (NASDAQ:SHLM) will report earnings per share (EPS) of $0.36 for the current fiscal quarter, Zacks reports. Two analysts have made estimates for A Schulman’s earnings. The highest EPS estimate is $0.41 and the lowest is $0.31. A Schulman posted earnings of $0.31 per share during the same quarter last year, which suggests a positive year over year growth rate of 16.1%. The company is expected to announce its next quarterly earnings results on Tuesday, April 3rd.

On average, analysts expect that A Schulman will report full-year earnings of $2.20 per share for the current financial year, with EPS estimates ranging from $2.10 to $2.32. For the next financial year, analysts forecast that the business will post earnings of $2.71 per share, with EPS estimates ranging from $2.45 to $2.83. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow A Schulman.

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A Schulman (NASDAQ:SHLM) last posted its quarterly earnings data on Monday, January 8th. The basic materials company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.11. The company 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%. A Schulman’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share.

A number of research firms have weighed in on SHLM. BidaskClub raised shares of A Schulman from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research raised shares of A Schulman from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research note on Friday, December 22nd. TheStreet raised shares of A Schulman from a “c+” rating to a “b-” rating in a research note on Tuesday, January 9th. Finally, ValuEngine raised shares of A Schulman from a “hold” rating to a “buy” rating in a research note on Thursday, February 15th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. A Schulman presently has a consensus rating of “Buy” and a consensus price target of $41.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its position in shares of A Schulman by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 427,715 shares of the basic materials company’s stock valued at $15,933,000 after purchasing an additional 1,418 shares in the last quarter. Advisor Group Inc. lifted its position in shares of A Schulman by 79.5% during the fourth quarter. Advisor Group Inc. now owns 3,262 shares of the basic materials company’s stock valued at $121,000 after purchasing an additional 1,445 shares in the last quarter. Capital Fund Management S.A. lifted its position in shares of A Schulman by 22.4% during the fourth quarter. Capital Fund Management S.A. now owns 8,200 shares of the basic materials company’s stock valued at $305,000 after purchasing an additional 1,500 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of A Schulman by 30.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 7,708 shares of the basic materials company’s stock valued at $287,000 after purchasing an additional 1,789 shares in the last quarter. Finally, Eqis Capital Management Inc. lifted its position in shares of A Schulman by 12.0% during the fourth quarter. Eqis Capital Management Inc. now owns 19,799 shares of the basic materials company’s stock valued at $738,000 after purchasing an additional 2,115 shares in the last quarter. 87.87% of the stock is currently owned by institutional investors.

A Schulman (NASDAQ:SHLM) opened at $43.25 on Friday. A Schulman has a 12 month low of $25.00 and a 12 month high of $43.88. The firm has a market cap of $1,275.93, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 2.01 and a beta of 1.32. The company has a quick ratio of 0.98, a current ratio of 1.61 and a debt-to-equity ratio of 4.01.

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

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