Media headlines about Platform Specialty Products Corporation (NYSE:PAH) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Platform Specialty Products Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 46.4806045306582 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

A number of equities analysts recently weighed in on the company. ValuEngine raised Platform Specialty Products Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. Instinet raised their price objective on Platform Specialty Products Corporation from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, May 9th. Zacks Investment Research raised Platform Specialty Products Corporation from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Wednesday, May 10th. Finally, Nomura reissued a “buy” rating and set a $16.00 price objective on shares of Platform Specialty Products Corporation in a report on Tuesday, May 9th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Platform Specialty Products Corporation presently has an average rating of “Buy” and a consensus target price of $12.50.

Platform Specialty Products Corporation (NYSE PAH) traded down 0.89% during trading on Friday, reaching $14.45. The company had a trading volume of 1,813,707 shares. The company’s market capitalization is $4.14 billion. The firm’s 50 day moving average is $12.88 and its 200 day moving average is $12.91. Platform Specialty Products Corporation has a one year low of $6.85 and a one year high of $14.70.

Platform Specialty Products Corporation (NYSE:PAH) last issued its quarterly earnings data on Monday, May 8th. The specialty chemicals company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. Platform Specialty Products Corporation had a return on equity of 6.77% and a net margin of 1.18%. The business had revenue of $861.80 million for the quarter, compared to the consensus estimate of $835.22 million. During the same period in the prior year, the business posted $0.11 earnings per share. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. On average, equities research analysts predict that Platform Specialty Products Corporation will post $0.79 earnings per share for the current year.

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Insider Buying and Selling by Quarter for Platform Specialty Products Corporation (NYSE:PAH)

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