A. Schulman, Inc. (NASDAQ:SHLM) – Seaport Global Securities increased their FY2018 EPS estimates for A. Schulman in a research note issued on Thursday. Seaport Global Securities analyst M. Harrison now forecasts that the basic materials company will post earnings per share of $2.18 for the year, up from their prior estimate of $2.02. Seaport Global Securities also issued estimates for A. Schulman’s Q1 2019 earnings at $0.74 EPS, Q2 2019 earnings at $0.49 EPS, Q3 2019 earnings at $0.83 EPS, Q4 2019 earnings at $0.77 EPS and FY2019 earnings at $2.83 EPS.

A. Schulman (NASDAQ:SHLM) last announced its quarterly earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.11. The company had revenue of $674.60 million for the quarter, compared to analysts’ expectations of $639.10 million. A. Schulman had a net margin of 1.35% and a return on equity of 31.20%. A. Schulman’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 EPS.

A number of other brokerages have also recently issued reports on SHLM. SunTrust Banks upped their price target on shares of A. Schulman from $32.00 to $37.00 and gave the stock a “hold” rating in a research note on Monday. Zacks Investment Research cut shares of A. Schulman from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. BidaskClub upgraded shares of A. Schulman from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st. Finally, TheStreet upgraded shares of A. Schulman from a “c-” rating to a “b-” rating in a research note on Tuesday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $38.33.

Shares of A. Schulman (NASDAQ SHLM) traded up $1.00 during trading on Friday, reaching $39.90. 201,600 shares of the company were exchanged, compared to its average volume of 239,750. The company has a market cap of $1,180.00, a PE ratio of 31.67, a price-to-earnings-growth ratio of 1.92 and a beta of 1.58. A. Schulman has a 52 week low of $25.00 and a 52 week high of $40.95. The company has a current ratio of 1.68, a quick ratio of 1.09 and a debt-to-equity ratio of 4.28.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Highbridge Capital Management LLC lifted its stake in A. Schulman by 186.8% during the 3rd quarter. Highbridge Capital Management LLC now owns 102,835 shares of the basic materials company’s stock valued at $3,512,000 after acquiring an additional 66,976 shares during the period. Aureus Asset Management LLC bought a new position in A. Schulman during the 3rd quarter valued at about $331,000. Dynamic Technology Lab Private Ltd bought a new position in A. Schulman during the 3rd quarter valued at about $432,000. Macquarie Group Ltd. bought a new position in A. Schulman during the 3rd quarter valued at about $501,000. Finally, SG Americas Securities LLC bought a new position in A. Schulman during the 3rd quarter valued at about $111,000. Institutional investors and hedge funds own 78.94% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Monday, January 15th will be paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, January 11th. A. Schulman’s dividend payout ratio is currently 65.08%.

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A. Schulman Company Profile

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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