Platform Specialty Products Corporation (NYSE:PAH) Quarterly Analysis

Bruno Cirelli
Luglio 24, 2017

Glenview Mngmt Ltd holds 13.85M shares. Zacks Investment Research upgraded Platform Specialty Products Corporation from a "hold" rating to a "buy" rating and set a $15.00 price objective for the company in a report on Wednesday, May 10th. They expect $0.18 earnings per share, up 12.50% or $0.02 from last year's $0.16 per share. Public Employees Retirement System of OH now owns 83,932 shares of the specialty chemicals company's stock valued at $1,093,000 after buying an additional 1,197 shares during the period. Platform Specialty Products Corp (NYSE:PAH) has risen 48.23% since July 19, 2016 and is uptrending. It has outperformed by 31.53% the S&P500.The move comes after 5 months positive chart setup for the $3.65 billion company. The market capitalization of the company is at $3.66 Billion. The stock now has Weekly Volatility of 1.74% and Monthly Volatility of 2.79%. About 62,960 shares traded. Agilent Technologies Inc (NYSE:A) has risen 25.96% since July 20, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Albemarle Corporation had 36 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Equal-Weight" rating given on Monday, January 30 by Morgan Stanley. The firm has "Mkt Perform" rating by FBR Capital given on Wednesday, October 12. (NASDAQ:CORE) earned "Overweight" rating by Stephens on Wednesday, October 28.

Investors sentiment decreased to 1.85 in 2016 Q4. Its up 0.13, from 1.02 in 2016Q3. Blackrock Inv Limited Liability Corporation owns 114,538 shares. Levin Strategies Lp has invested 0.12% in Albemarle Corporation (NYSE:ALB). Nomura Asset Mgmt reported 41,640 shares. Independent Investors Inc invested in 0.47% or 103,775 shares. Pecaut & holds 53,100 shares or 0.5% of its portfolio. Spark Investment Ltd Llc accumulated 0.3% or 223,700 shares. Employees Retirement Association Of Colorado has 63,697 shares for 0.02% of their portfolio. (NASDAQ:CORE). State Street Corp accumulated 1.00 million shares. Gamco Investors Et Al invested in 0% or 60,000 shares. Investment House Limited holds 0.11% or 15,830 shares. Virginia-based Corp Va has invested 3.14% in Albemarle Corporation (NYSE:ALB). One Trading Lp holds 35,371 shares or 0% of its portfolio. UNCFF's SI was 10.98 million shares in July as released by FINRA. The share price is now down -4.63% for the past three months.

Kcg Holdings Inc increased Albemarle Corp (ALB) stake by 331.78% reported in 2016Q4 SEC filing.

Among 9 analysts covering Platform Specialty Products Corporation (NYSE:PAH), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Nomura upgraded the stock to "Buy" rating in Monday, November 7 report. The firm has "Buy" rating by Citigroup given on Monday, April 18. Barclays Capital has "Equal-Weight" rating and $11 target. The rating was initiated by Bank of America on Wednesday, March 9 with "Buy". The stock has a consensus rating of "Buy" and an average price target of $12.36. As per Monday, February 6, the company rating was initiated by Goldman Sachs. The stock of Albemarle Corporation (NYSE:ALB) has "Buy" rating given on Tuesday, December 29 by Jefferies. Nomura maintained the shares of PAH in report on Tuesday, September 13 with "Neutral" rating. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. EPS long term mean growth rate estimated by 2 analysts is at 1.65%, whereas, the high and low Long term growth rate estimated at 11.3 and -8. The institutional investors in our partner's database now have: 235.89 million shares, up from 229.41 million shares in 2016Q3. Albemarle Corporation (NYSE:ALB) has risen 45.60% since July 19, 2016 and is uptrending. Great West Life Assurance Can has 16,629 shares for 0% of their portfolio. Schwab Charles Mgmt owns 238,666 shares. Clinton Grp Inc reported 26,250 shares. Reik And Communications Ltd Company invested in 0.03% or 10,000 shares.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Platform Specialty Products Corporation (PAH) stands at 37.53 while the industry's and the sector's growth for next 5 years ticked at 5.94 and 1.99 respectively. Numeric Llc reported 0% stake.

08/22/2016 - Roth Capital began new coverage on Platform Specialty Products Corporation giving the company a "buy" rating. Tci Wealth owns 77 shares. Renaissance Tech Ltd Liability Com stated it has 0% in Platform Specialty Products Corp (NYSE:PAH).

A number of large investors have recently bought and sold shares of the stock. Price T Rowe Md owns 6.35 million shares. Steinberg Asset Management holds 0.06% of its portfolio in Platform Specialty Products Corp (NYSE:PAH) for 33,700 shares.

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