A. Schulman Inc. Sets New 1-Year High at $33.92 (SHLM)
A. Schulman (NASDAQ:SHLM) set a new 52-week high on Friday, Analyst Ratings.Net reports. The company traded as high as $33.92 and last traded at $33.92, with a volume of 50,461 shares. The stock had previously closed at $32.65.
A. Schulman has a 52-week low of $23.05 and a 52-week high of $33.40. The stock’s 50-day moving average is $27.2 and its 200-day moving average is $28.24. The company has a market cap of $996.0 million and a price-to-earnings ratio of 24.11.
A. Schulman (NASDAQ:SHLM) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.11. The company had revenue of $537.30 million for the quarter, compared to the consensus estimate of $525.20 million. During the same quarter in the prior year, the company posted $0.48 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis.
The company also recently declared a quarterly dividend, which is scheduled for Monday, November 4th. Investors of record on Monday, October 28th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, October 24th. This is an increase from A. Schulman’s previous quarterly dividend of $0.20.
A. Schulman, Inc (NASDAQ:SHLM) is a supplier of plastic compounds, resins and services.
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