Zacks: Shiloh Industries, Inc. (SHLO) Given Consensus Rating of “Hold” by Analysts

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Shares of Shiloh Industries, Inc. (NASDAQ:SHLO) have been assigned a consensus broker rating score of 2.50 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating and one has assigned a strong buy rating to the company.

Analysts have set a one year consensus target price of $9.75 for the company and are forecasting that the company will post ($0.15) EPS for the current quarter, according to Zacks. Zacks has also given Shiloh Industries an industry rank of 235 out of 256 based on the ratings given to its competitors.

SHLO has been the topic of several research analyst reports. Zacks Investment Research cut Shiloh Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday. BMO Capital Markets set a $14.00 target price on Shiloh Industries and gave the company a “buy” rating in a research note on Monday, September 17th. ValuEngine lowered Shiloh Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Bank of America lowered Shiloh Industries from a “neutral” rating to an “underperform” rating and set a $10.00 target price on the stock. in a research note on Monday, October 1st. They noted that the move was a valuation call. Finally, BidaskClub lowered Shiloh Industries from a “hold” rating to a “sell” rating in a research note on Thursday, October 11th.

Large investors have recently added to or reduced their stakes in the stock. Trexquant Investment LP bought a new stake in shares of Shiloh Industries during the 3rd quarter valued at $149,000. Engineers Gate Manager LP bought a new stake in shares of Shiloh Industries during the 3rd quarter valued at $156,000. Virtu Financial LLC bought a new stake in shares of Shiloh Industries during the 3rd quarter valued at $189,000. Ibex Investors LLC bought a new stake in shares of Shiloh Industries during the 3rd quarter valued at $195,000. Finally, SG Americas Securities LLC bought a new stake in shares of Shiloh Industries during the 3rd quarter valued at $233,000. Institutional investors own 44.33% of the company’s stock.

Shares of SHLO stock opened at $6.21 on Friday. The company has a market capitalization of $146.98 million, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 4.13 and a beta of 1.68. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 1.23. Shiloh Industries has a fifty-two week low of $5.50 and a fifty-two week high of $12.28.

Shiloh Industries (NASDAQ:SHLO) last released its quarterly earnings data on Thursday, December 20th. The basic materials company reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.35). The firm had revenue of $300.06 million for the quarter. Shiloh Industries had a net margin of 1.01% and a return on equity of 4.50%. On average, research analysts anticipate that Shiloh Industries will post 0.2 earnings per share for the current year.

Shiloh Industries Company Profile

Shiloh Industries, Inc, together with its subsidiaries, provides lightweighting, noise, and vibration solutions to automotive, commercial vehicle, and other industrial markets worldwide. The company produces body systems components, including shock towers, instrument panel/cross car beams, torque boxes, tunnel supports, seat supports, seat back frames, hinge pillars, lift gates, door inners, roof supports/roof panels, dashpanels, body sides, and B and C pillars; and chassis systems components, such as cross members, frame rails, axle carriers, bearing caps, axle covers and housings, clutch housings, PTU covers, axle tubes, rack and pinion housings, steering column housings, knuckles, links, wheel hubs, calipers, master cylinders, steering pumps, brake components, wheel blanks, and flanges.

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