Published: Fri, May 19, 2017
Business | By Max Garcia

Platform Specialty Products Corporation (NYSE:PAH) Valuation According To Analysts


Instinet increased their price objective on shares of Platform Specialty Products Corp from $15.00 to $16.00 and gave the company a "buy" rating in a research note on Tuesday, May 9th. Three investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. HC Wainwright began coverage on shares of Platform Specialty Products Corp in a research note on Saturday, January 21st. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock.

10/05/2016 - Platform Specialty Products Corporation had its "equal weight" rating reiterated by analysts at Barclays. The original version of this report can be viewed at https://www.themarketsdaily.com/2017/05/19/nomura-reaffirms-buy-rating-for-platform-specialty-products-corp-pah-updated.html. They now have a Dollars 15 price target on the stock. The company's shares traded on stronger-than-usual volume today: $2.83M shares changed hands while the stock's average volume is 1.95M shares per day. Analysts on average have given a price target of $15 to Platform Specialty Products Corporation stock.

A number of analysts have recently commented on the company. Finally, TheStreet raised shares of Platform Specialty Products Corp from a "d+" rating to a "c" rating in a research report on Tuesday, February 28th.

Platform Specialty Products Corp (NYSE:PAH) traded up 2.47% on Friday, reaching $13.26. The stock had a trading volume of 537,432 shares. The company's 52-week range is $6.85 to $14.37. The stock is now -0.78% away from its 50-day simple moving average and 23.81% away from the 200 day average.

Market capitalization is the total market value of all of a company's outstanding shares.

Honing in on the valuation of Platform Specialty Products Corporation (NYSE:PAH), we can take a look at several ratios.

Platform Specialty Products Corporation has posted trailing 12 months earnings of $0.27 per share. The company had revenue of $861.80 million during the quarter, compared to analysts' expectations of $835.22 million.

Platform Specialty Products Corporation has a consensus outperform rating from 12 Wall Street analysts, and the number of shares now sold short amount to at least 10.4% of shares outstanding. The company's quarterly revenue was up 4.6% compared to the same quarter a year ago. During the same period in the previous year, the firm earned $0.11 EPS. Now the P/E of Platform Specialty Products Corporation (PAH) stands at 48.83. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & global copyright legislation.

09/29/2016 - Platform Specialty Products Corporation had its " rating reiterated by analysts at UBS.

Several hedge funds and other institutional investors have recently bought and sold shares of the company.

In the quarter ending September 2016, Platform Specialty Products Corporation delivered an even larger earnings beat. FMR LLC now owns 19,571,817 shares of the specialty chemicals company's stock valued at $254,825,000 after buying an additional 9,441,984 shares in the last quarter. Year to Date (YTD) performance of Platform Specialty Products Corporation (PAH) is 36.39 percent while its Performance (Week) is -0.22 percent and Performance (month) is at 3.64 percent. Swiss National Bank now owns 304,189 shares of the specialty chemicals company's stock worth $2,467,000 after buying an additional 57,000 shares during the period.

03/09/2016 - Platform Specialty Products Corporation had its " rating reiterated by analysts at Bank of America Merrill Lynch. ProShare Advisors LLC now owns 16,403 shares of the specialty chemicals company's stock worth $214,000 after buying an additional 448 shares during the last quarter.

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