Platform Specialty Products Corporation (NYSE:PAH) traded with the volume of 4.2 Million Yesterday. The Stock Opened its session at $7.54 and closed at $7.23 by showing an decrease of -3.21 percent. Platform Specialty Products Corporation has 1 year price target of 11. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 07 BMO. The company reported its last quarter on Jun 16.
On Jun 16 Platform Specialty Products Corporation (NYSE:PAH) reported its EPS in the last quarter as $0.16/Share lagging the analyst estimate of $0.2/Share by the difference of $-0.04. This showed the surprise of -20% in the last quarter earnings. For the Current Quarter, 3 analyst are projecting the mean EPS to be $0.11/share. According to their observations and findings, the stock could provide a high EPS of $0.15/share and a Low EPS of $0.08/share.
The 9 analysts offering 12-month price forecasts for Platform Specialty Products Corp have a median target of 11.00, with a high estimate of 12.00 and a low estimate of 9.00. The median estimate represents a +52.14% increase from the last price of 7.23. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Platform Specialty Products Corporation where they believe that the company has the potential to earn average revenue of $848.52 Million for the current quarter. According to their predictions High & Low revenue estimates are 881.81 Million and 803.94 Million respectively.
Platform Specialty Products Corporation (NYSE:PAH) topped its 52-week high price of $14.33 on Oct 12, 2015 and 52-Week Low Price of $5.25 on Feb 11, 2016. The Stock currently has the market capitalization of $2.03 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 6.31%% and monthly volatility of 5.30%% respectively.
Platform Specialty Products Corporation is currently showing -17.4% EPS growth this year. The Next Year EPS growth is 31.6%, Long term annual growth estimate of 12.8%, Annual EPS growth past 5 years of 0.73 percent. The Company currently has Insider ownership of 0 Percent and Institutional Ownership of 88.3 Percent. The Return on Assets stands at -4.2%, Return on Equity shows -18.6% and Return on Investment value is 0%.
Platform Specialty Products Corporation Gross Margin percentage stands at 40.7% while its Operating Margin for trailing twelve month is 5.6 percent and Profit margin (ttm) is -13.4 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -18.41% with the 50-Day Simple Moving Average of -18.41 percent. Currently, the company has SMA200 (200-day simple moving average) of -18.27 Percent. The Stock has YTD (year to date) performance of -43.65 percent.
Many research firms have provided their ratings on Platform Specialty Products Corporation (NYSE:PAH) where ROTH Capital provided Buyrating on the stock on 22-Aug-16. Other firms include Citigroup giving Buy rating on 28-Jul-16.
In the past 6 months, 2 Insider purchases and 1 Insider Sales were made in which 228860 shares were traded as Insider purchases and 369620 shares were exchanged as Insider Sales.
The latest Insider trade was made on 15 Sep 2016 where Franklin (Martin E) Director did a transaction type “Buy” in which 1050000 shares were traded at a price of $8.25. Another insider trade includes Director Goss (Michael F) who also initiated a transaction in which 3821 shares were traded on 16 Mar 2016 as “Buy”.
Platform Specialty Products Corporation is a producer of high technology specialty chemical products as well as technical services. The company serves electronics, metal and plastic plating, graphic arts, and offshore oil production and drilling industries. Platform Specialty Products Corporation is headquartered in Miami, United States.