Sigma-Aldrich Given “Neutral” Rating at Zacks (SIAL)
Sigma-Aldrich (NASDAQ:SIAL)‘s stock had its “neutral” rating restated by Zacks in a report released on Tuesday. They currently have a $107.00 price objective on the stock. Zacks‘s price objective suggests a potential upside of 4.77% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Sigma-Aldrich in a research note on Friday, July 25th. They now have a $97.00 price target on the stock, up previously from $95.00. Separately, analysts at Citigroup Inc. initiated coverage on shares of Sigma-Aldrich in a research note on Thursday, July 17th. They set a “neutral” rating and a $107.00 price target on the stock. Finally, analysts at KeyCorp reiterated a “buy” rating on shares of Sigma-Aldrich in a research note on Wednesday, July 16th. They now have a $112.00 price target on the stock, up previously from $108.00. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $92.33.
Shares of Sigma-Aldrich (NASDAQ:SIAL) traded down 0.51% during mid-day trading on Tuesday, hitting $101.61. 157,265 shares of the company’s stock traded hands. Sigma-Aldrich has a 52 week low of $81.86 and a 52 week high of $104.00. The stock’s 50-day moving average is $101.9 and its 200-day moving average is $96.95. The company has a market cap of $12.089 billion and a P/E ratio of 24.14.
Sigma-Aldrich (NASDAQ:SIAL) last announced its earnings results on Thursday, July 24th. The company reported $1.11 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.11. The company had revenue of $701.00 million for the quarter, compared to the consensus estimate of $706.14 million. During the same quarter last year, the company posted $1.05 earnings per share. Sigma-Aldrich’s revenue was up 2.9% compared to the same quarter last year. On average, analysts predict that Sigma-Aldrich will post $4.36 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Wednesday, August 27th.
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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