Platform Specialty Products (PAH) Earning Somewhat Favorable Press Coverage, Report Finds
News headlines about Platform Specialty Products (NYSE:PAH) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Platform Specialty Products earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the specialty chemicals company an impact score of 46.9434153296911 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of PAH opened at $11.15 on Thursday. The stock has a market cap of $3.15 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 0.79 and a beta of 3.14. Platform Specialty Products has a 1 year low of $11.05 and a 1 year high of $11.18. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.57 and a current ratio of 2.07.
Platform Specialty Products (NYSE:PAH) last issued its quarterly earnings results on Thursday, May 3rd. The specialty chemicals company reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.02. The business had revenue of $964.10 million for the quarter, compared to analysts’ expectations of $906.10 million. Platform Specialty Products had a negative net margin of 6.05% and a positive return on equity of 8.25%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 earnings per share. analysts predict that Platform Specialty Products will post 0.98 EPS for the current year.
About Platform Specialty Products
Platform Specialty Products Corporation produces and sells specialty chemical products worldwide. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers a range of specialty chemicals, such as surface and coating materials, functional conversion coatings, electronic assembly materials, water-based hydraulic control fluids, and photopolymers.
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