Analyst Ratings for A. Schulman Inc. (SHLM)Updated: 2017-07-28
A. Schulman Inc. (NASDAQ:SHLM) was awarded an average rating of Hold from investment analysts following the stock. SHLM had previously received a consensus rating of Hold a month ago.
1 analysts declared SHLM a buy, 0 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
SHLM was given price targets by several analysts. The most optimistic price target was 31, implying potential capital gains of 12.93 percent. The minimum price target given was 28, which equates to a potential downside of 2 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -30.88 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -28.37 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -14.33 percent. If we look at the last 90 days instead, we find a net average change of -14.75 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts decreased their estimates.
SHLM has traded between a high of 37.70 and a low of 19.58 over the past year. The current market price is above the trailing year's low by 40.19 percent, and 27.19 percent below the high. SHLM has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SHLM value stock report compares SHLM to some of its peers using value stock charts. The market cap of SHLM is $0.76368 billion. SHLM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.