Platform Specialty Products Corporation (NYSE:PAH) Given Daily News Sentiment Rating of -0.02

News articles about Platform Specialty Products Corporation (NYSE:PAH) have been trending somewhat negative recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Platform Specialty Products Corporation earned a daily sentiment score of -0.02 on Accern’s scale. Accern also gave news headlines about the specialty chemicals company an impact score of 90 out of 100, indicating that recent news coverage is very likely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment’s analysis:

Platform Specialty Products Corporation (NYSE:PAH) traded up 0.08% during trading on Monday, reaching $12.72. The company’s stock had a trading volume of 225,187 shares. Platform Specialty Products Corporation has a 1-year low of $6.85 and a 1-year high of $14.37. The company’s 50 day moving average price is $12.79 and its 200-day moving average price is $12.39. The stock’s market cap is $3.64 billion.

Platform Specialty Products Corporation (NYSE:PAH) last issued its earnings results on Monday, May 8th. The specialty chemicals company reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.04. The firm had revenue of $861.80 million for the quarter, compared to the consensus estimate of $835.22 million. Platform Specialty Products Corporation had a return on equity of 6.77% and a net margin of 1.18%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS. Equities analysts forecast that Platform Specialty Products Corporation will post $0.80 earnings per share for the current fiscal year.

Several analysts recently commented on the company. ValuEngine raised Platform Specialty Products Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Instinet decreased their price target on Platform Specialty Products Corporation to $14.00 and set a “buy” rating on the stock in a research note on Tuesday, June 13th. Zacks Investment Research raised Platform Specialty Products Corporation from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, May 10th. Finally, Nomura reaffirmed a “buy” rating and issued a $16.00 price target on shares of Platform Specialty Products Corporation in a research note on Tuesday, May 9th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $12.50.

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Insider Buying and Selling by Quarter for Platform Specialty Products Corporation (NYSE:PAH)

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