Shiloh Industries (SHLO) Earning Somewhat Favorable News Coverage, Study Finds
Headlines about Shiloh Industries (NASDAQ:SHLO) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Shiloh Industries earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 44.9063150831452 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Shiloh Industries (NASDAQ SHLO) traded down $0.15 during trading on Friday, reaching $8.28. The company had a trading volume of 86,820 shares, compared to its average volume of 106,089. Shiloh Industries has a 12 month low of $6.68 and a 12 month high of $16.69. The stock has a market cap of $191.47, a PE ratio of 9.20 and a beta of 2.16. The company has a quick ratio of 1.07, a current ratio of 1.39 and a debt-to-equity ratio of 0.95.
Shiloh Industries (NASDAQ:SHLO) last announced its earnings results on Tuesday, August 29th. The basic materials company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). Shiloh Industries had a net margin of 0.52% and a return on equity of 10.67%. The firm had revenue of $256.85 million for the quarter, compared to analysts’ expectations of $236.40 million. During the same quarter last year, the business earned $0.03 earnings per share. The business’s revenue was up 3.2% compared to the same quarter last year. equities research analysts anticipate that Shiloh Industries will post 0.65 EPS for the current year.
A number of equities analysts recently commented on the company. Bank of America Corporation assumed coverage on Shiloh Industries in a report on Thursday, September 7th. They set a “neutral” rating and a $9.50 target price for the company. BMO Capital Markets assumed coverage on Shiloh Industries in a report on Wednesday, August 16th. They set an “outperform” rating and a $11.00 target price for the company.
In other Shiloh Industries news, Director Jean Brunol sold 5,000 shares of the stock in a transaction dated Tuesday, October 17th. The stock was sold at an average price of $10.20, for a total value of $51,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 51.70% of the company’s stock.
About Shiloh Industries
Shiloh Industries, Inc is a supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial markets. The Company operates through Automotive and Commercial Vehicles segment. The Company offers portfolio of lightweighting solutions in aluminum, magnesium, steel and high strength steel alloys.
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