Sigma-Aldrich Hits New 52-Week High at $99.97 (SIAL)
Shares of Sigma-Aldrich (NASDAQ:SIAL) hit a new 52-week high on Friday , AR Network reports. The stock traded as high as $99.97 and last traded at $99.67, with a volume of 171,256 shares changing hands. The stock had previously closed at $99.55.
SIAL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Sigma-Aldrich in a research note on Friday, May 9th. They now have a $102.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Sigma-Aldrich in a research note on Friday, April 25th. They now have a $95.00 price target on the stock. Finally, analysts at Mizuho raised their price target on shares of Sigma-Aldrich from $85.00 to $95.00 in a research note on Friday, April 25th. They now have a “neutral” rating on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $88.63.
The stock’s 50-day moving average is $96.62 and its 200-day moving average is $93.27. The company has a market cap of $11.876 billion and a P/E ratio of 24.28.
Sigma-Aldrich (NASDAQ:SIAL) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.03 by $0.03. The company had revenue of $689.00 million for the quarter, compared to the consensus estimate of $690.60 million. During the same quarter last year, the company posted $1.03 earnings per share. Sigma-Aldrich’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that Sigma-Aldrich will post $4.37 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Wednesday, May 28th.
In other Sigma-Aldrich news, EVP Eric Mark Green sold 4,544 shares of the company’s stock on the open market in a transaction dated Thursday, May 29th. The shares were sold at an average price of $98.03, for a total value of $445,448.32. The transaction was disclosed in a document filed with the SEC, which is available at this link.
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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