Analysts Expect Shiloh Industries, Inc. (SHLO) to Post $0.01 Earnings Per Share

Shares of Shiloh Industries, Inc. (NASDAQ:SHLO) have been assigned an average broker rating score of 2.50 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a sell recommendation and one has issued a strong buy recommendation on the company.

Analysts have set a 12-month consensus price objective of $9.25 for the company and are predicting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also given Shiloh Industries an industry rank of 215 out of 256 based on the ratings given to its competitors.

Several research firms have recently weighed in on SHLO. Zacks Investment Research downgraded Shiloh Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, April 16th. ValuEngine downgraded Shiloh Industries from a “sell” rating to a “strong sell” rating in a research report on Thursday, April 11th.



Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brandywine Global Investment Management LLC lifted its position in Shiloh Industries by 33.9% during the fourth quarter. Brandywine Global Investment Management LLC now owns 12,510 shares of the basic materials company’s stock worth $73,000 after buying an additional 3,170 shares in the last quarter. Zebra Capital Management LLC lifted its position in Shiloh Industries by 30.4% during the first quarter. Zebra Capital Management LLC now owns 19,412 shares of the basic materials company’s stock worth $107,000 after buying an additional 4,530 shares in the last quarter. Next Capital Management LLC purchased a new position in Shiloh Industries during the fourth quarter worth approximately $117,000. Rhumbline Advisers increased its stake in Shiloh Industries by 46.0% during the fourth quarter. Rhumbline Advisers now owns 20,385 shares of the basic materials company’s stock worth $119,000 after acquiring an additional 6,426 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in Shiloh Industries by 18.6% during the fourth quarter. First Trust Advisors LP now owns 26,570 shares of the basic materials company’s stock worth $155,000 after acquiring an additional 4,170 shares during the last quarter. Institutional investors and hedge funds own 44.93% of the company’s stock.

Shares of SHLO stock opened at $5.31 on Thursday. The company has a market cap of $126.84 million, a price-to-earnings ratio of 8.56, a price-to-earnings-growth ratio of 3.52 and a beta of 1.31. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 1.21. Shiloh Industries has a 12-month low of $5.20 and a 12-month high of $12.28.

Shiloh Industries (NASDAQ:SHLO) last issued its quarterly earnings results on Tuesday, March 12th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.12. The company had revenue of $258.93 million for the quarter. Shiloh Industries had a return on equity of 2.45% and a net margin of 0.17%. On average, research analysts predict that Shiloh Industries will post 0.2 EPS for the current year.

About Shiloh Industries

Shiloh Industries, Inc, together with its subsidiaries, provides lightweighting solutions to automotive and commercial vehicle markets worldwide. The company produces components primarily for body structure, chassis, and propulsion systems. Its solution materials include aluminum, magnesium, steel, high strength steel alloys, and acoustic laminates; body structure components comprise shock towers, instrument panels/cross car beams, torque boxes, tunnel supports, seat supports, seat back frames, hinge pillars, liftgates, door inners, roof supports/roof panels, dashpanels, and body sides; and chassis systems components, such as cross members, frame rails, axle carriers, bearing caps, axle covers, ptu covers, axle tubes, rack and pinion housings, steering column housings, knuckles, links, wheel hubs, steering pumps, brake components, wheel blanks, and flanges.

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