EPS for Schnitzer Steel Industries, Inc. (SCHN) Expected At $0.64

Investors sentiment decreased to 0.89 in 2018 Q2. Its down 0.30, from 1.19 in 2018Q1. It worsened, as 17 investors sold Schnitzer Steel Industries, Inc. shares while 65 reduced holdings. 35 funds opened positions while 38 raised stakes. 23.74 million shares or 1.64% more from 23.35 million shares in 2018Q1 were reported.
California State Teachers Retirement Systems has 40,097 shares for 0% of their portfolio. Invesco Limited accumulated 158,851 shares. Walleye Trading Ltd Liability Company reported 1,723 shares. Qs Invsts Ltd, a New York-based fund reported 5,245 shares. Orca Inv Management Limited Liability Company owns 75,799 shares. Moreover, Aperio Grp Inc Limited Liability Corp has 0.02% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 101,336 shares. Virginia Retirement Et Al reported 0.01% stake. 7,193 were reported by Royal Bancorp Of Canada. Brandywine Global Inv Mngmt Limited Liability Co accumulated 0.02% or 86,026 shares. Bank Of America De reported 280,286 shares. Pennsylvania-based Susquehanna Grp Llp has invested 0% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Tower Rech Cap Ltd Llc (Trc) stated it has 2,597 shares or 0% of all its holdings. Parallax Volatility Advisers Ltd Partnership accumulated 0% or 1,541 shares. Asset Inc accumulated 33,452 shares. Rutabaga Cap Mgmt Limited Liability Company Ma reported 180,501 shares stake.

Since July 10, 2018, it had 0 buys, and 7 insider sales for $2.23 million activity. CARTER JOHN D sold $506,286 worth of stock or 13,676 shares. Saba Peter B also sold $195,964 worth of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) shares. Peach Richard had sold 18,067 shares worth $492,965. 13,316 shares were sold by Heiskell Steven, worth $362,994. 14,311 shares valued at $386,826 were sold by Henderson Michael R on Wednesday, October 31.

Analysts expect Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) to report $0.64 EPS on January, 8.They anticipate $0.01 EPS change or 1.59 % from last quarter’s $0.63 EPS. SCHN’s profit would be $16.57 million giving it 10.39 P/E if the $0.64 EPS is correct. After having $2.06 EPS previously, Schnitzer Steel Industries, Inc.’s analysts see -68.93 % EPS growth. The stock decreased 2.13% or $0.58 during the last trading session, reaching $26.6. About 400 shares traded. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has risen 1.31% since December 7, 2017 and is uptrending. It has underperformed by 14.31% the S&P500.

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

Among 2 analysts covering Schnitzer Steel Indus (NASDAQ:SCHN), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Schnitzer Steel Indus had 3 analyst reports since July 6, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, July 6. The stock has “Neutral” rating by Macquarie Research on Friday, September 28. The firm has “Underweight” rating given on Wednesday, August 15 by Morgan Stanley.

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and makes finished steel products worldwide. The company has market cap of $688.67 million. It operates through two divisions, Auto and Metals Recycling and Steel Manufacturing Business (SMB). It has a 4.86 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: Nasdaq.com which released: “Top Ranked Steel Companies Could Benefit from Tariffs – Nasdaq” on June 18, 2018, also Globenewswire.com with their article: “LogicBio Announces Partnership with Children’s Medical Research Institute to Develop Next Generation Viral Vectors – GlobeNewswire” published on November 15, 2018, Nasdaq.com published: “Why You Shouldn’t Bet Against Schnitzer Steel (SCHN) Stock – Nasdaq” on July 02, 2018. More interesting news about Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) were released by: Nasdaq.com and their article: “Is Schnitzer Steel (SCHN) a Great Stock for Value Investors? – Nasdaq” published on June 29, 2017 as well as Nasdaq.com‘s news article titled: “Pre-Market Earnings Report for June 26, 2018 : INFO, LEN, FDS, SCHN, JKS – Nasdaq” with publication date: June 25, 2018.

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

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