Analyst Ratings for Platform Specialty Products Corp. (PAH)Updated: 2017-07-27
An average rating of Overweight has been given to Platform Specialty Products Corp. (NYSE:PAH) by analysts covering the stock. PAH had previously received a consensus rating of Overweight a month ago.
7 analysts declared PAH a buy, 0 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for PAH. The maximum price target given was 16, implying a possible profit of 17.3 percent. The most pessimistic price target was 12, implying a possible loss of -12.02 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.63 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.44 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.27 percent. If we look at the last 90 days instead, we find a net average change of 7.77 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
In the last 52-weeks, PAH has achieved a high of 14.37 and a low of 6.85. Today's price is 99.12 percent above the 52-week low, and 5.08 percent below the high. PAH has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PAH value stock report compares PAH to some of its peers using value stock charts. The market cap of PAH is $3.9 billion. PAH's next earnings release will be on 0000-00-00, which is days away.