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

June 20, 2018 - By Paula Hilliard

Investors sentiment decreased to 1.19 in 2018 Q1. Its down 0.02, from 1.21 in 2017Q4. It is negative, as 11 investors sold Schnitzer Steel Industries, Inc. shares while 58 reduced holdings. 32 funds opened positions while 50 raised stakes. 23.35 million shares or 1.37% less from 23.68 million shares in 2017Q4 were reported.
Bluemountain Capital Management Ltd Liability Company invested in 3,609 shares or 0% of the stock. Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Hennessy Advsrs Incorporated holds 0.12% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 113,200 shares. Parametric Associates Ltd Limited Liability Company has invested 0% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Qs Invsts Ltd owns 0% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 4,824 shares. Tru Of Vermont reported 110 shares. Ameriprise Financial reported 0% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Federated Investors Pa invested in 127,747 shares. Susquehanna International Grp Inc Ltd Liability Partnership invested in 0% or 21,747 shares. Paloma Prns has invested 0.01% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). 47,581 were reported by Credit Suisse Ag. State Street invested in 0% or 1.05 million shares. Adams Diversified Equity Fund stated it has 0.03% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Alliancebernstein L P holds 0% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) or 104,847 shares. Jpmorgan Chase Comm has 301,507 shares for 0% of their portfolio.

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 8.86 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 3.87% or $1.4 during the last trading session, reaching $34.75. About 284,089 shares traded. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has risen 49.88% since June 20, 2017 and is uptrending. It has outperformed by 37.31% 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 $913.16 million. It operates through two divisions, Auto and Metals Recycling and Steel Manufacturing Business (SMB). It has a 15.37 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 notable recent Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) news were published by: Benzinga.com which released: “Benzinga Pro’s 6 Stocks To Watch Today” on June 15, 2018, also Businesswire.com with their article: “Schnitzer Announces Third Quarter Fiscal 2018 Preliminary Results and Earnings Date” published on June 14, 2018, Seekingalpha.com published: “Schnitzer Steel sees Q3 earnings above Wall Street consensus” on June 14, 2018. More interesting news about Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) were released by: Seekingalpha.com and their article: “Steel Dynamics +3% after issuing above-consensus Q2 earnings view” published on June 15, 2018 as well as Nasdaq.com‘s news article titled: “Why Schnitzer Steel Industries, Braskem, and Pivotal Software Jumped Today” with publication date: June 15, 2018.

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

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