Platform Specialty Products Corporation (NYSE:PAH) Receiving Somewhat Favorable Media Coverage, Study Shows
Media headlines about Platform Specialty Products Corporation (NYSE:PAH) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Platform Specialty Products Corporation earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the specialty chemicals company an impact score of 46.9651712292722 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.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Platform Specialty Products Cor (PAH) Holdings Down in Latest Report from AXA (fishinghd.com)
- Platform Specialty Products Corporation (NYSE:PAH) showed P/E ratio of 51.79 (overnewsmagazine.com)
- See what the IHS Markit Score report has to say about Platform Specialty Products Corp. (finance.yahoo.com)
- Platform Specialty Products Corp. breached its 50 day moving average in a Bearish Manner : PAH-US : August 10, 2017 (finance.yahoo.com)
- UBS AG Reiterates “Buy” Rating for Platform Specialty Products Corporation (PAH) (americanbankingnews.com)
PAH has been the subject of several recent analyst reports. ValuEngine upgraded Platform Specialty Products Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Instinet lowered their target price on Platform Specialty Products Corporation to $14.00 and set a “buy” rating for the company in a research note on Tuesday, June 13th. Zacks Investment Research upgraded Platform Specialty Products Corporation from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Wednesday, May 10th. Nomura restated a “buy” rating and issued a $16.00 target price on shares of Platform Specialty Products Corporation in a research note on Tuesday, May 9th. Finally, UBS AG restated a “buy” rating and issued a $17.00 target price (up from $16.00) on shares of Platform Specialty Products Corporation in a research note on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $13.10.
Shares of Platform Specialty Products Corporation (NYSE:PAH) opened at 12.90 on Friday. The firm’s market capitalization is $3.69 billion. The stock has a 50 day moving average price of $13.20 and a 200-day moving average price of $13.02. Platform Specialty Products Corporation has a 52 week low of $6.85 and a 52 week high of $14.82.
Platform Specialty Products Corporation (NYSE:PAH) last posted its quarterly earnings results on Wednesday, August 9th. The specialty chemicals company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Platform Specialty Products Corporation had a positive return on equity of 7.15% and a negative net margin of 0.26%. The company had revenue of $941.10 million during the quarter, compared to analysts’ expectations of $933.32 million. During the same quarter in the previous year, the firm earned $0.16 EPS. Platform Specialty Products Corporation’s revenue was up 2.1% on a year-over-year basis. On average, equities research analysts forecast that Platform Specialty Products Corporation will post $0.79 earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: This news story was posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright & trademark laws. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/08/12/platform-specialty-products-corporation-nysepah-receiving-somewhat-favorable-media-coverage-study-shows.html.
Receive News & Ratings for Platform Specialty Products Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platform Specialty Products Corporation and related companies with MarketBeat.com's FREE daily email newsletter.