A. Schulman, Inc. (NASDAQ:SHLM) – Stock analysts at Seaport Global Securities upped their Q1 2018 earnings estimates for shares of A. Schulman in a research report issued to clients and investors on Wednesday. Seaport Global Securities analyst M. Harrison now anticipates that the basic materials company will earn $0.40 per share for the quarter, up from their previous estimate of $0.34. Seaport Global Securities also issued estimates for A. Schulman’s Q2 2018 earnings at $0.24 EPS, Q3 2018 earnings at $0.70 EPS, Q4 2018 earnings at $0.68 EPS, FY2018 earnings at $2.02 EPS, Q1 2019 earnings at $0.63 EPS, Q2 2019 earnings at $0.42 EPS, Q3 2019 earnings at $0.88 EPS, Q4 2019 earnings at $0.84 EPS and FY2019 earnings at $2.77 EPS.

A number of other research analysts have also recently issued reports on SHLM. BidaskClub raised shares of A. Schulman from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 11th. Zacks Investment Research raised shares of A. Schulman from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. ValuEngine cut shares of A. Schulman from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Finally, Longbow Research raised shares of A. Schulman from a “neutral” rating to a “buy” rating and set a $37.00 target price for the company in a report on Friday, August 25th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $37.00.

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Shares of A. Schulman (NASDAQ SHLM) opened at $38.90 on Monday. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09. The company has a market capitalization of $1,160.82, a PE ratio of 22.49, a price-to-earnings-growth ratio of 1.94 and a beta of 1.60. A. Schulman has a 1 year low of $25.00 and a 1 year high of $39.85.

A. Schulman (NASDAQ:SHLM) last posted its quarterly earnings data on Wednesday, October 25th. The basic materials company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.07. The company had revenue of $646.65 million during the quarter, compared to analysts’ expectations of $624.91 million. A. Schulman had a return on equity of 31.20% and a net margin of 1.35%. A. Schulman’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.47 earnings per share.

Several institutional investors and hedge funds have recently modified their holdings of SHLM. Royce & Associates LP grew its stake in A. Schulman by 77.2% in the 2nd quarter. Royce & Associates LP now owns 559,015 shares of the basic materials company’s stock worth $17,888,000 after acquiring an additional 243,479 shares during the period. Marshall Wace North America L.P. purchased a new stake in A. Schulman in the 2nd quarter worth approximately $1,633,000. Guyasuta Investment Advisors Inc. grew its stake in A. Schulman by 13.0% in the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 34,815 shares of the basic materials company’s stock worth $1,114,000 after acquiring an additional 4,000 shares during the period. BNP Paribas Arbitrage SA grew its stake in A. Schulman by 38.7% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,899 shares of the basic materials company’s stock worth $381,000 after acquiring an additional 3,323 shares during the period. Finally, LSV Asset Management grew its stake in A. Schulman by 11.7% in the 2nd quarter. LSV Asset Management now owns 739,006 shares of the basic materials company’s stock worth $23,648,000 after acquiring an additional 77,691 shares during the period. 84.52% of the stock is owned by institutional investors and hedge funds.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Tuesday, October 24th were paid a dividend of $0.205 per share. The ex-dividend date was Monday, October 23rd. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.11%. A. Schulman’s dividend payout ratio (DPR) is 94.25%.

About A. Schulman

A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.

Earnings History and Estimates for A. Schulman (NASDAQ:SHLM)

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