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 analyst gave a price target of 31, which equates to a potential upside of 12.93 percent. The lowest price target was 28, implying potential capital losses of 2 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -30.88 percent on average, compared to last month. That number becomes -28.37 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -14.33 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.75 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. Today's price is 40.19 percent above the 52-week low, and 27.19 percent lower than its 52-week 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's next earnings release will be on 0000-00-00, which is days away.