Brokerages expect Shiloh Industries, Inc. (NASDAQ:SHLO) to report ($0.15) earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have provided estimates for Shiloh Industries’ earnings. Shiloh Industries posted earnings of $0.15 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 200%. The business is expected to issue its next earnings report on Thursday, March 14th.

According to Zacks, analysts expect that Shiloh Industries will report full-year earnings of $0.20 per share for the current fiscal year. For the next fiscal year, analysts expect that the firm will post earnings of $0.50 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Shiloh Industries.

Shiloh Industries (NASDAQ:SHLO) last released its quarterly earnings data on Thursday, December 20th. The basic materials company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.35). The company had revenue of $300.06 million for the quarter. Shiloh Industries had a return on equity of 4.50% and a net margin of 1.01%.

A number of research firms have weighed in on SHLO. Zacks Investment Research lowered Shiloh Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday. BMO Capital Markets set a $14.00 price objective on Shiloh Industries and gave the stock a “buy” rating in a research note on Monday, September 17th. ValuEngine lowered Shiloh Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. BidaskClub lowered Shiloh Industries from a “hold” rating to a “sell” rating in a research note on Thursday, October 11th. Finally, Bank of America lowered Shiloh Industries from a “neutral” rating to an “underperform” rating and set a $10.00 price objective on the stock. in a research note on Monday, October 1st. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a sell rating and one has given a buy rating to the company’s stock. Shiloh Industries has a consensus rating of “Sell” and an average target price of $12.00.

Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in shares of Shiloh Industries by 2.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,967,076 shares of the basic materials company’s stock valued at $21,638,000 after purchasing an additional 40,770 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Shiloh Industries by 11.6% in the 2nd quarter. BlackRock Inc. now owns 930,255 shares of the basic materials company’s stock valued at $8,094,000 after purchasing an additional 96,715 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Shiloh Industries by 3.8% in the 3rd quarter. Vanguard Group Inc. now owns 699,009 shares of the basic materials company’s stock valued at $7,689,000 after purchasing an additional 25,651 shares during the last quarter. Vanguard Group Inc lifted its stake in shares of Shiloh Industries by 3.8% in the 3rd quarter. Vanguard Group Inc now owns 699,009 shares of the basic materials company’s stock valued at $7,689,000 after purchasing an additional 25,651 shares during the last quarter. Finally, Weber Alan W lifted its stake in shares of Shiloh Industries by 9.6% in the 3rd quarter. Weber Alan W now owns 653,893 shares of the basic materials company’s stock valued at $7,193,000 after purchasing an additional 57,214 shares during the last quarter. 44.33% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ SHLO opened at $6.21 on Wednesday. The firm has a market cap of $146.98 million, a price-to-earnings ratio of 10.02, a P/E/G ratio of 4.13 and a beta of 1.68. The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 1.23. Shiloh Industries has a fifty-two week low of $5.50 and a fifty-two week high of $12.28.

About Shiloh Industries

Shiloh Industries, Inc, together with its subsidiaries, provides lightweighting, noise, and vibration solutions to automotive, commercial vehicle, and other industrial markets worldwide. The company produces body systems components, including shock towers, instrument panel/cross car beams, torque boxes, tunnel supports, seat supports, seat back frames, hinge pillars, lift gates, door inners, roof supports/roof panels, dashpanels, body sides, and B and C pillars; and chassis systems components, such as cross members, frame rails, axle carriers, bearing caps, axle covers and housings, clutch housings, PTU covers, axle tubes, rack and pinion housings, steering column housings, knuckles, links, wheel hubs, calipers, master cylinders, steering pumps, brake components, wheel blanks, and flanges.

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