Shiloh Industries (SHLO) Earning Somewhat Favorable Press Coverage, Report Shows

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Headlines about Shiloh Industries (NASDAQ:SHLO) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shiloh Industries earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 47.6401192313333 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Separately, Zacks Investment Research lowered Shiloh Industries from a “hold” rating to a “sell” rating in a report on Tuesday, March 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Shiloh Industries has an average rating of “Hold” and a consensus target price of $10.25.

Shares of SHLO stock opened at $9.41 on Friday. The stock has a market cap of $205.43, a price-to-earnings ratio of 17.75 and a beta of 1.70. Shiloh Industries has a 1 year low of $6.45 and a 1 year high of $14.97. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.09 and a current ratio of 1.42.

Shiloh Industries (NASDAQ:SHLO) last issued its quarterly earnings data on Thursday, March 8th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.14. The company had revenue of $247.67 million for the quarter, compared to analyst estimates of $233.10 million. Shiloh Industries had a return on equity of 7.93% and a net margin of 0.59%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.03) earnings per share. analysts predict that Shiloh Industries will post 0.7 earnings per share for the current year.

In other Shiloh Industries news, VP Gary Dethomas sold 3,733 shares of the firm’s stock in a transaction dated Wednesday, March 14th. The stock was sold at an average price of $8.65, for a total transaction of $32,290.45. Following the transaction, the vice president now owns 15,875 shares of the company’s stock, valued at $137,318.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 37.40% of the company’s stock.

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About Shiloh Industries

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.

Insider Buying and Selling by Quarter for Shiloh Industries (NASDAQ:SHLO)

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