Somewhat Favorable News Coverage Somewhat Unlikely to Impact Platform Specialty Products (PAH) Stock Price
News stories about Platform Specialty Products (NYSE:PAH) have been trending somewhat positive on Friday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. 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 earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 48.1500632959816 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Prominent Runners: EXTRACTION OIL & GAS, LLC (NASDAQ:XOG), Platform Specialty Products Corporation (NYSE … – The Oracle Examiner (oracleexaminer.com)
- Notable Trader’s Watch List: Southwestern Energy Company, (NYSE: SWN), Platform Specialty Products Corporation … – Global Export Lines (press release) (globalexportlines.com)
- Platform Specialty Products (PAH) Lifted to Buy at Zacks Investment Research (americanbankingnews.com)
- Analyst’s Review on: Platform Specialty Products Corp (PAH) – Emn News (emnnews.com)
- Platform Specialty Products Corporation (NYSE:PAH) – Early Moves to Watch – Nasdaq Journal (nasdaqjournal.com)
Several research analysts recently weighed in on PAH shares. ValuEngine lowered Platform Specialty Products from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Platform Specialty Products from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. Platform Specialty Products presently has an average rating of “Hold” and a consensus price target of $14.29.
Platform Specialty Products (NYSE:PAH) last released its quarterly earnings results on Tuesday, February 27th. The specialty chemicals company reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. Platform Specialty Products had a positive return on equity of 7.69% and a negative net margin of 7.84%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $978.56 million. During the same period in the prior year, the firm earned $0.20 earnings per share. The firm’s revenue was up 12.5% compared to the same quarter last year. analysts anticipate that Platform Specialty Products will post 0.99 EPS for the current fiscal year.
WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact Platform Specialty Products (PAH) Stock Price” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-platform-specialty-products-pah-stock-price/1958649.html.
About Platform Specialty Products
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers plating products that are used to plate holes; electroless nickel products, which are applied to various metal and plastic surfaces; electronic assembly materials for use in the electronic market and residential boiler systems; final finishes that are used on printed circuit boards; circuit formation products for surface preparation; oxides, which are used in the fabrication of multilayer circuit boards; semiconductor materials and packaging products; and pre-treatment and cleaning solutions.
Receive News & Ratings for Platform Specialty Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platform Specialty Products and related companies with MarketBeat.com's FREE daily email newsletter.