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.
A number of analysts gave price targets for SHLM. The highest price target was 31, implying potential capital gains of 12.93 percent. The lowest price target was 28, implying a possible loss of 2 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -30.88 percent. The average change in earnings estimates over the last 90 days is -28.37 percent. Meanwhile, fiscal year estimates have been revised downwards by -14.33 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -14.75 percent in FY estimates.
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, while 3 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
In the trailing 52-weeks, SHLM hit 37.70 at the highest peak, while it's lowest trading point was 19.58. Currently the stock is 40.19 percent higher than its low, and 27.19 percent lower than its 52-week high. SHLM has a price/earnings 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.