Shiloh Industries (NASDAQ:SHLO) Announces Quarterly Earnings Results

Shiloh Industries (NASDAQ:SHLO) released its earnings results on Thursday. The basic materials company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11), Yahoo Finance reports. Shiloh Industries had a positive return on equity of 0.16% and a negative net margin of 1.35%. The business had revenue of $258.96 million during the quarter. Shiloh Industries updated its FY 2020
After-Hours guidance to EPS.

Shiloh Industries stock traded down $0.26 during mid-day trading on Friday, reaching $3.93. 3,107 shares of the company were exchanged, compared to its average volume of 49,713. The business has a fifty day moving average of $3.85 and a 200 day moving average of $4.33. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.03 and a current ratio of 1.34. The firm has a market cap of $86.84 million, a P/E ratio of 6.30, a PEG ratio of 0.96 and a beta of 1.72. Shiloh Industries has a 12-month low of $3.34 and a 12-month high of $6.99.

SHLO has been the subject of a number of research reports. Bank of America upgraded Shiloh Industries from an “underperform” rating to a “neutral” rating in a report on Friday, September 13th. Zacks Investment Research upgraded Shiloh Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th. Finally, ValuEngine raised shares of Shiloh Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

About Shiloh Industries

Shiloh Industries, Inc, together with its subsidiaries, provides lightweighting solutions to automotive and commercial vehicle markets worldwide. The company produces components primarily for body structure, chassis, and propulsion systems. Its solution materials include aluminum, magnesium, steel, high strength steel alloys, and acoustic laminates; body structure components comprise shock towers, instrument panels/cross car beams, torque boxes, tunnel supports, seat supports, seat back frames, hinge pillars, liftgates, door inners, roof supports/roof panels, dashpanels, and body sides; and chassis systems components, such as cross members, frame rails, axle carriers, bearing caps, axle covers, ptu covers, axle tubes, rack and pinion housings, steering column housings, knuckles, links, wheel hubs, steering pumps, brake components, wheel blanks, and flanges.

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Earnings History for Shiloh Industries (NASDAQ:SHLO)

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