Sigma-Aldrich Reaches New 12-Month High at $104.02 (SIAL)
Sigma-Aldrich (NASDAQ:SIAL) shares hit a new 52-week high during mid-day trading on Tuesday , StockRatingsNetwork reports. The company traded as high as $104.02 and last traded at $103.94, with a volume of 97,063 shares traded. The stock had previously closed at $103.46.
A number of analysts have recently weighed in on SIAL shares. Analysts at Zacks reiterated a “neutral” rating on shares of Sigma-Aldrich in a research note on Tuesday, August 12th. They now have a $107.00 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, July 25th. They now have a $97.00 price target on the stock, up previously from $95.00. Finally, 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. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. Sigma-Aldrich presently has a consensus rating of “Hold” and a consensus target price of $92.33.
The stock’s 50-day moving average is $102.1 and its 200-day moving average is $97.33. The company has a market cap of $12.390 billion and a price-to-earnings ratio of 24.46.
Sigma-Aldrich (NASDAQ:SIAL) last released its earnings data on Thursday, July 24th. The company reported $1.11 EPS for the quarter, meeting the Thomson Reuters 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 in the prior year, the company posted $1.05 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. Analysts expect that Sigma-Aldrich will post $4.36 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Investors 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 0.88%. 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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