Shares of Shiloh Industries, Inc. (NASDAQ:SHLO) have received a consensus broker rating score of 2.50 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell recommendation and one has given a strong buy recommendation to the company.
Brokers have set a 1 year consensus target price of $9.25 for the company and are expecting 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 214 out of 256 based on the ratings given to its competitors.
Several research firms have issued reports on SHLO. Zacks Investment Research upgraded Shiloh Industries from a “sell” rating to a “hold” rating and set a $7.00 price objective on the stock in a research note on Tuesday, March 12th. ValuEngine lowered Shiloh Industries from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 11th.
SHLO traded down $0.09 on Thursday, hitting $5.14. 70,907 shares of the company were exchanged, compared to its average volume of 40,905. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.97 and a current ratio of 1.31. The firm has a market capitalization of $121.86 million, a PE ratio of 8.29, a PEG ratio of 3.38 and a beta of 1.31. Shiloh Industries has a 12 month low of $4.97 and a 12 month high of $12.28.
Shiloh Industries (NASDAQ:SHLO) last released its quarterly earnings data on Tuesday, March 12th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.12. The firm 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 forecast that Shiloh Industries will post 0.2 earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP grew its position in shares of Shiloh Industries by 2.9% in the first quarter. Wellington Management Group LLP now owns 2,032,834 shares of the basic materials company’s stock valued at $11,181,000 after purchasing an additional 56,500 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Shiloh Industries by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,979,263 shares of the basic materials company’s stock worth $10,886,000 after acquiring an additional 13,798 shares during the period. Towle & Co. raised its position in shares of Shiloh Industries by 0.5% during the 4th quarter. Towle & Co. now owns 1,321,610 shares of the basic materials company’s stock valued at $7,705,000 after purchasing an additional 6,246 shares during the period. Weber Alan W raised its position in shares of Shiloh Industries by 35.9% during the 1st quarter. Weber Alan W now owns 1,032,520 shares of the basic materials company’s stock valued at $5,679,000 after purchasing an additional 272,824 shares during the period. Finally, BlackRock Inc. raised its position in shares of Shiloh Industries by 2.0% during the 4th quarter. BlackRock Inc. now owns 953,936 shares of the basic materials company’s stock valued at $5,561,000 after purchasing an additional 18,294 shares during the period. Hedge funds and other institutional investors own 44.93% of the company’s stock.
Shiloh Industries Company Profile
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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