$0.98 EPS Expected for Schnitzer Steel Industries, Inc. (SCHN)

May 21, 2018 - By Hazel Jackson

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.11, from 1.1 in 2017Q3. It increased, as 18 investors sold Schnitzer Steel Industries, Inc. shares while 50 reduced holdings. 29 funds opened positions while 53 raised stakes. 23.68 million shares or 1.34% more from 23.36 million shares in 2017Q3 were reported.
Glenmede Tru Na holds 0% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 120 shares. The Belgium-based Kbc Nv has invested 0.02% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). American holds 17,820 shares or 0% of its portfolio. State Street Corporation accumulated 0% or 1.07 million shares. Credit Suisse Ag reported 0% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Dimensional Fund L P reported 2.27 million shares or 0.03% of all its holdings. Moreover, Koch Industries has 0.05% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Assetmark reported 152 shares. Citadel Advsrs Lc has 262,634 shares. Systematic Mngmt Limited Partnership invested in 0.04% or 53,255 shares. Vertex One Asset Management holds 2.46% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 431,570 shares. Texas-based Bridgeway Management Incorporated has invested 0.06% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Bancorporation Of America De invested in 0% or 182,679 shares. 34,007 were reported by Bowling Port Mngmt Limited Liability Com. Goldman Sachs Gru reported 315,174 shares.

Analysts expect Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) to report $0.98 EPS on June, 25.They anticipate $0.42 EPS change or 75.00 % from last quarter’s $0.56 EPS. SCHN’s profit would be $25.75M giving it 7.97 P/E if the $0.98 EPS is correct. After having $0.90 EPS previously, Schnitzer Steel Industries, Inc.’s analysts see 8.89 % EPS growth. The stock decreased 0.95% or $0.3 during the last trading session, reaching $31.25. About 175,366 shares traded. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has risen 56.62% since May 22, 2017 and is uptrending. It has outperformed by 45.07% the S&P500.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and makes finished steel products worldwide. The company has market cap of $821.19 million. It operates through two divisions, Auto and Metals Recycling and Steel Manufacturing Business (SMB). It has a 13.82 P/E ratio. The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting.

Another recent and important Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) news was published by Businesswire.com which published an article titled: “Schnitzer Board Declares Quarterly Dividend” on April 30, 2018.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: