Schnitzer Steel Industries, Inc. (SCHN) EPS Estimated At $0.70

March 14, 2018 - By Adrian Mccoy

 Schnitzer Steel Industries, Inc. (SCHN) EPS Estimated At $0.70
Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.11, from 0.99 in 2017Q2. It is positive, as 15 investors sold Schnitzer Steel Industries, Inc. shares while 54 reduced holdings. 40 funds opened positions while 36 raised stakes. 23.36 million shares or 3.78% more from 22.51 million shares in 2017Q2 were reported.
Retail Bank Of Montreal Can accumulated 10,291 shares. Geode Cap Ltd invested in 354,674 shares or 0% of the stock. Systematic Fincl Lp accumulated 57,595 shares. Pdt Partners Ltd Liability invested in 72,700 shares. Adams Diversified Equity Fund Inc invested in 0.05% or 33,200 shares. Tiedemann Wealth Management Limited Co has invested 0.03% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Prudential Financial has 232,427 shares for 0.01% of their portfolio. Numeric Invsts Ltd Limited Liability Company owns 0.11% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 516,165 shares. Schwab Charles Management owns 404,276 shares. Kbc Gp Nv holds 79,310 shares. Massachusetts-based Wellington Grp Inc Incorporated Ltd Liability Partnership has invested 0% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Invesco invested in 85,549 shares. The California-based Whittier Commerce has invested 0% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Moreover, Northwestern Mutual Wealth Mgmt has 0% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Aperio Grp Incorporated Lc invested in 0.02% or 99,812 shares.

Analysts expect Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) to report $0.70 EPS on April, 5.They anticipate $0.33 EPS change or 89.19 % from last quarter’s $0.37 EPS. SCHN’s profit would be $18.46 million giving it 13.00 P/E if the $0.70 EPS is correct. After having $0.63 EPS previously, Schnitzer Steel Industries, Inc.’s analysts see 11.11 % EPS growth. The stock decreased 1.22% or $0.45 during the last trading session, reaching $36.4. About 447,258 shares traded or 29.07% up from the average. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has risen 21.74% since March 14, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Ratings Coverage

Among 4 analysts covering Schnitzer Steel Industries (NASDAQ:SCHN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Schnitzer Steel Industries had 6 analyst reports since August 12, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of SCHN in report on Wednesday, October 11 with “Hold” rating. Jefferies maintained the stock with “Buy” rating in Wednesday, September 16 report. Morgan Stanley maintained Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) on Tuesday, October 31 with “Equal-Weight” rating. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Tuesday, November 24. The stock has “Buy” rating by Zacks on Wednesday, August 12.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and makes finished steel products worldwide. The company has market cap of $959.92 million. It operates through two divisions, Auto and Metals Recycling and Steel Manufacturing Business (SMB). It has a 16.1 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.

More important recent Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) news were published by: which released: “Schnitzer Steel Industries’ (SCHN) CEO Tamara Lundgren on Q1 2018 Results …” on January 09, 2018, also published article titled: “Schnitzer Board Announces a New Independent Director”, published: “Schnitzer Steel Industries, Inc. (SCHN) Ex-Dividend Date Scheduled for …” on February 08, 2018. More interesting news about Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) was released by: and their article: “Schnitzer Steel Industries, Inc. (SCHN) Ex-Dividend Date Scheduled for …” with publication date: November 09, 2017.

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