A Schulman (SHLM) Downgraded by TheStreet

A Schulman (NASDAQ:SHLM) was downgraded by analysts at TheStreet from a “b-” rating to a “c” rating in a research report issued on Wednesday.

SHLM has been the subject of a number of other reports. ValuEngine upgraded A Schulman from a “hold” rating to a “buy” rating in a research note on Thursday, February 15th. Zacks Investment Research cut A Schulman from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Gabelli cut A Schulman from a “buy” rating to a “hold” rating in a report on Friday, February 16th. BidaskClub upgraded A Schulman from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Finally, Longbow Research lowered A Schulman from a “buy” rating to a “neutral” rating in a research note on Friday, February 16th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $41.00.

Shares of NASDAQ SHLM traded down $0.05 during trading hours on Wednesday, hitting $42.80. The stock had a trading volume of 46,440 shares, compared to its average volume of 418,131. The stock has a market cap of $1,274.02, a price-to-earnings ratio of 24.49, a PEG ratio of 2.05 and a beta of 1.33. A Schulman has a 52 week low of $25.00 and a 52 week high of $43.88. The company has a debt-to-equity ratio of 4.15, a quick ratio of 1.09 and a current ratio of 1.79.



A Schulman (NASDAQ:SHLM) last announced its earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.11. A Schulman had a return on equity of 20.83% and a net margin of 1.74%. The firm had revenue of $674.60 million during the quarter, compared to analysts’ expectations of $639.10 million. During the same quarter in the prior year, the business earned $0.49 earnings per share. The company’s revenue was up 12.4% on a year-over-year basis. analysts predict that A Schulman will post 2.15 EPS for the current year.

A number of hedge funds have recently bought and sold shares of SHLM. Convergence Investment Partners LLC bought a new position in shares of A Schulman during the 4th quarter worth approximately $929,000. BlackRock Inc. boosted its stake in A Schulman by 4.0% in the 4th quarter. BlackRock Inc. now owns 3,719,877 shares of the basic materials company’s stock valued at $138,566,000 after purchasing an additional 142,687 shares during the period. Quadrature Capital Ltd acquired a new position in A Schulman in the 4th quarter valued at $580,000. Capital Fund Management S.A. raised its holdings in A Schulman by 22.4% in the 4th quarter. Capital Fund Management S.A. now owns 8,200 shares of the basic materials company’s stock valued at $305,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Macquarie Group Ltd. acquired a new position in A Schulman in the 3rd quarter valued at $501,000. Hedge funds and other institutional investors own 87.81% of the company’s stock.

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About A Schulman

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.

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