The specialty chemicals company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The business had revenue of $941.10 million for the quarter, compared to the consensus estimate of $933.32 million. The firm's revenue for the quarter was up 2.1% compared to the same quarter past year. In contrast to the year ago quarter EPS was at 0.31. Lastly, Instinet upped the price objective on Platform Specialty Products Corporation from $15.00 to $16.00 and issued the shares a "buy" recommendation in a analysis note on Tue, May 9th.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Platform Specialty Products Corporation (PAH) stands at 37.53 while the industry's and the sector's growth for next 5 years ticked at 5.73 and 1.8 respectively. The market capitalization of the company is at $3.74 Billion. The firm has a 50-day moving average of $13.20 and a 200 day moving average of $13.01.
WARNING: This piece was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and worldwide trademark and copyright legislation. The legal version of this piece can be read at https://www.chaffeybreeze.com/2017/08/11/platform-specialty-products-corporation-pah-releases-quarterly-earnings-results-beats-expectations-by-0-02-eps.html.
A number of equities research analysts recently weighed in on the company. UBS AG's target price indicates a possible increase of 33.54% from the firms present price. The value in dollars went from $7,315,000 to $11,043,000 a change of 51.0% quarter over quarter. ValuEngine raised Platform Specialty Products Corporation from a "hold" rating to a "buy" rating in a research report on Tuesday, June 13th. Finally, Nomura restated a "buy" rating and issued a $16.00 price objective on shares of Platform Specialty Products Corporation in a report on Tuesday, May 9th. The consensus recommendation is the average rating on a stock by the analyst community.
Simon Property Group Inc The firm owned 12,689 shares of the real estate investment trust's stock after selling 100 shares during the period. Mcf Ltd Limited Liability Company has invested 0% of its portfolio in Simon Property Group Inc (NYSE:SPG).
Lord Says He Respects CNN, Disagrees With Firing Lord is a former Reagan administration staffer who is now a columnist for the conservative magazine The American Spectator . He even spoke to CNN's Brian Stelter on Thursday after he was sacked to say that he still loved the network.
Platform Specialty Products Corporation (PAH) now has P/E (Price to Earnings) ratio of 51.79 while the company's industry has 19.27 P/E and the sector P/E is 43.8. Great West Life Assurance Co.
AXA reports that it lowered its position in Platform Specialty Products Cor by 880,000 shares in the last quarter. The firm acquired 45,600 shares of the specialty chemicals company's stock, valued at approximately $578,000.
Shares of Platform Specialty Products Corporation (PAH) opened at 12.73 on Friday. Renaissance Technologies LLC now owns 215,200 shares of the specialty chemicals company's stock valued at $2,111,000 after buying an additional 28,100 shares during the last quarter. Teachers Advisors LLC now owns 220,494 shares of the specialty chemicals company's stock valued at $2,163,000 after buying an additional 41,652 shares during the last quarter. Reik & CO. LLC now owns 12,500 shares of the specialty chemicals company's stock valued at $163,000 after buying an additional 2,500 shares during the period. Two Sigma Securities LLC purchased a new stake in Platform Specialty Products Corporation during the first quarter valued at about $143,000. The Company kept a record of 271.82 million floated shares and 288.75 million shares outstanding.
Platform Specialty Products Corporation (PAH) has an annual dividend of $0, while its annual dividend yield is 0%.
The company reported $0.72 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.72. Marsili Daniel B sold $1.06 million worth of Colgate-Palmolive Company (NYSE:CL) on Thursday, June 15.
Sharad Yadav on Thursday declared in Patna that he was still with the Grand Alliance of the RJD and the Congress in Bihar. NCP on Friday alleged that Congress is spreading lies in spite the fact that NCP voted for Ahmed Patel, reports ANI.
On average, equities research analysts predict that Walt Disney Company will post $5.90 earnings per share for the current year. Moreover, Boothbay Fund Mngmt Ltd Liability Corporation has 0.09% invested in Walt Disney Co (NYSE: DIS ) for 2,495 shares.
Medel joins Besiktas along with a huge wealth of other talent as the club look to continue their domination of Turkish football. The video reveals new signing Jeremain Lens calling a "middle man" in his attempts to bring Medel into the club.
The Company's business divisions include Building and Infrastructure, Geospatial, Resource and utilities and Transportation. Finally, Swiss National Bank increased its stake in shares of Philip Morris International by 3.0% in the second quarter.
TheStreet lowered the stock of Akorn from a "b-" recommendation to a "c" recommendation in a analysis report on Tue, Aug 1st. Finally, Louisiana State Employees Retirement System increased its position in shares of Akorn by 1.4% in the first quarter.
Khan now faces a battle with Makhdoom to hold onto his staggering £30million property empire, flash cars and boxing payday cash . I miss fighting in the United Kingdom and I want to put on a big fight over here where I'm going to put smiles on their faces.
It dropped, as 86 investors sold BMY shares while 529 reduced holdings. 126 funds opened positions while 468 raised stakes. Staley Capital Advisers added additional shares of Bristol-Myers Squibb by 0.3% in the Q1. (NASDAQ:CA) for 647,681 shares.
Despite the progress, Kimmel revealed that Billy will still have to undergo two more open heart surgeries. At that point, I knew there was nothing I could do. "I would love to talk to him about this", Kimmel said.
Legato Capital Management LLC acquired a new position in shares of Oclaro during the second quarter worth approximately $417,000. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03.
Santee Cooper Cancels Rate Increases
It is important that we hold the line on costs, and Santee Cooper's talented and dedicated workforce will rise to the occasion". Summer expansion. "We will tighten our belts and continue to look for ways we can be more efficient to make up the balance.
Harry Potter Fans You Need To Know This
Primark have been smashing the themed collections in recent months, with Beauty And The Beast merchandise selling the fastest. If you're a diehard Harry Potter fan, or you just love a new set of PJs then you're guaranteed be totally obsessed.
Advanced Micro Devices Inc
Trexquant Investment LP purchased a new stake in Advanced Micro Devices during the first quarter worth approximately $706,000. Chicago Equity Partners Llc increased Ebix Inc (NASDAQ:EBIX) stake by 5,940 shares to 23,395 valued at $1.34M in 2016Q4.
Intel promises a fleet of 100 autonomous cars this year
Intel will be using different brands and vehicle types for its tests to help demonstrate the "agnostic nature" of this technology. BMW , Nissan , and Volkswagen vehicles are likely test mules, because those carmakers already have a relationship with Mobileye .
Enterprise Products Partners LP
It dropped, as 46 investors sold EPD shares while 258 reduced holdings. 116 funds opened positions while 609 raised stakes. Ameriprise Financial Inc. increased its stake in shares of Enterprise Products Partners L.P.by 38.0% in the first quarter.
NTSB: 1 dead, 2 injured in New Milford plane crash
The FAA will investigate and the National Transportation Safety Board will determine the probable cause of the crash. A small plane has crashed in western CT , killing one person and injuring two others.