Sigma-Aldrich Corp. Hits New 52-Week High at $87.06 (SIAL)
Shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) hit a new 52-week high during trading on Monday, AnalystRatingsNetwork.com reports. The stock traded as high as $87.06 and last traded at $86.31, with a volume of 248,106 shares trading hands. The stock had previously closed at $85.48.
A number of analysts have recently weighed in on SIAL shares. Analysts at Janney Montgomery Scott initiated coverage on shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) in a research note to investors on Thursday, August 15th. They set a “buy” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) in a research note to investors on Monday, July 29th. They now have a $87.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) from $70.00 to $74.00 in a research note to investors on Wednesday, July 24th. They now have a “sell” rating on the stock.
Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $77.70.
In other Sigma-Aldrich Corp. news, Director Lee Mccollum unloaded 7,400 shares of the stock on the open market in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $83.44, for a total value of $617,456.00. Following the completion of the sale, the director now directly owns 12,000 shares in the company. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Sigma-Aldrich Corp. has a 52-week low of $68.22 and a 52-week high of $87.06. The stock’s 50-day moving average is $84.17 and its 200-day moving average is $81.19. The company has a market cap of $10.360 billion and a P/E ratio of 22.15.
Sigma-Aldrich Corp. (NASDAQ:SIAL) last released its earnings data on Tuesday, July 23rd. The company reported $1.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.04 by $0.01. The company had revenue of $681.00 million for the quarter, compared to the consensus estimate of $679.50 million. During the same quarter last year, the company posted $0.97 earnings per share. Sigma-Aldrich Corp.’s revenue was up 2.6% compared to the same quarter last year. On average, analysts predict that Sigma-Aldrich Corp. will post $4.08 earnings per share for the current fiscal year.
Sigma-Aldrich Corporation is a life science and high technology company. The Company develops, manufactures, purchases and distributes the range of chemicals, biochemicals and equipment available globally and also provides global biopharmaceutical testing services.
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