FY2020 Earnings Estimate for SHIN ETSU CHEM/ADR Issued By Jefferies Financial Group (OTCMKTS:SHECY)

SHIN ETSU CHEM/ADR (OTCMKTS:SHECY) – Analysts at Jefferies Financial Group reduced their FY2020 EPS estimates for SHIN ETSU CHEM/ADR in a research report issued to clients and investors on Thursday, December 5th. Jefferies Financial Group analyst Y. Azuma now anticipates that the basic materials company will post earnings of $1.74 per share for the year, down from their previous forecast of $1.75. Jefferies Financial Group also issued estimates for SHIN ETSU CHEM/ADR’s FY2021 earnings at $1.94 EPS.

Several other brokerages have also recently weighed in on SHECY. Zacks Investment Research upgraded SHIN ETSU CHEM/ADR from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th. ValuEngine upgraded shares of SHIN ETSU CHEM/ADR from a “strong sell” rating to a “sell” rating in a research report on Friday, November 8th.

SHECY stock opened at $27.33 on Monday. The firm has a market capitalization of $46.35 billion, a PE ratio of 16.77 and a beta of 1.34. SHIN ETSU CHEM/ADR has a twelve month low of $18.18 and a twelve month high of $28.77. The stock has a 50-day simple moving average of $27.55 and a two-hundred day simple moving average of $25.10.

About SHIN ETSU CHEM/ADR

Shin-Etsu Chemical Co, Ltd. manufactures and sells polyvinyl chloride (PVC), semiconductor devices, silicones, and rare earth magnets worldwide. The company operates through PVC/Chlor-Alkali; Semiconductor Silicon; Silicones; Electronics and Functional Materials; Specialty Chemicals; and Processing, Trading & Specialized Services segments.

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Earnings History and Estimates for SHIN ETSU CHEM/ADR (OTCMKTS:SHECY)

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