Platform Specialty Products Corporation Company Profile (NYSE:PAH)

About Platform Specialty Products Corporation (NYSE:PAH)

Platform Specialty Products Corporation logoPlatform 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. This segment also provides functional conversion coatings that are applied to metals to enhance corrosion resistance and paint adhesion; hard-coated films, which are used for the membrane switch in the touch screen markets; production and drilling fluids used in subsea control systems; solid sheet printing elements for use in flexographic printing and platemaking processes; liquid products to produce printing plates; and printing equipment. The Agricultural Solutions segment offers fungicides and biofungicides to prevent the spread of fungi and other diseases in crops; herbicides to control unwanted plants; insecticides, bioinsecticides, and acaricides; biostimulants and nutrition products; and seed treatment products, which are applied to seed before planting, as well as animal health products, such as honey bee protective miticides and veterinary vaccines. The company was formerly known as Platform Acquisition Holdings Limited and changed its name to Platform Specialty Products Corporation in October 2013. Platform Specialty Products Corporation was founded in 1922 and is headquartered in West Palm Beach, Florida.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $3.12 billion
  • Outstanding Shares: 286,722,000
Average Prices:
  • 50 Day Moving Avg: $11.43
  • 200 Day Moving Avg: $12.58
  • 52 Week Range: $7.15 - $14.82
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.21
  • P/E Growth: 7.57
Sales & Book Value:
  • Annual Revenue: $3.64 billion
  • Price / Sales: 0.86
  • Book Value: $9.86 per share
  • Price / Book: 1.10
Profitability:
  • EBITDA: $732.3 million
  • Net Margins: -0.26%
  • Return on Equity: 7.15%
  • Return on Assets: 2.05%
Debt:
  • Debt-to-Equity Ratio: 1.79%
  • Current Ratio: 1.94%
  • Quick Ratio: 1.50%
Misc:
  • Average Volume: 3.01 million shs.
  • Beta: 3.31
  • Short Ratio: 11.03
 

Frequently Asked Questions for Platform Specialty Products Corporation (NYSE:PAH)

What is Platform Specialty Products Corporation's stock symbol?

Platform Specialty Products Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAH."

How were Platform Specialty Products Corporation's earnings last quarter?

Platform Specialty Products Corporation (NYSE:PAH) posted its quarterly earnings results on Wednesday, August, 9th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The company earned $941.10 million during the quarter, compared to analyst estimates of $933.32 million. Platform Specialty Products Corporation had a negative net margin of 0.26% and a positive return on equity of 7.15%. Platform Specialty Products Corporation's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.16 EPS. View Platform Specialty Products Corporation's Earnings History.

When will Platform Specialty Products Corporation make its next earnings announcement?

Platform Specialty Products Corporation is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for Platform Specialty Products Corporation.

Where is Platform Specialty Products Corporation's stock going? Where will Platform Specialty Products Corporation's stock price be in 2017?

9 analysts have issued 12-month price objectives for Platform Specialty Products Corporation's shares. Their forecasts range from $5.00 to $16.00. On average, they anticipate Platform Specialty Products Corporation's stock price to reach $13.11 in the next year. View Analyst Ratings for Platform Specialty Products Corporation.

What are analysts saying about Platform Specialty Products Corporation stock?

Here are some recent quotes from research analysts about Platform Specialty Products Corporation stock:

  • 1. According to Zacks Investment Research, "Platform Specialty Products Corporation is a producer of high technology specialty chemical products as well as technical services. The company serves electronics, metal and plastic plating, graphic arts, and offshore oil production and drilling industries. Platform Specialty Products Corporation is headquartered in Miami, United States. " (10/11/2017)
  • 2. Instinet analysts commented, "Our STOP estimates values PAH shares at $16 in case only the AG business is divested and $17-20 in case both the ag and Performance segments are sold to third parties. We believe a simple separation into two public companies is unlikely to be an immediate upside catalyst, if the financial leverage is unchanged' We raise our target to $15 on improved fundamental, potential for delivering through asset sales." (2/21/2017)

Are investors shorting Platform Specialty Products Corporation?

Platform Specialty Products Corporation saw a decline in short interest during the month of September. As of September 29th, there was short interest totalling 16,054,188 shares, a decline of 27.2% from the September 15th total of 22,057,669 shares. Based on an average daily trading volume, of 2,554,901 shares, the days-to-cover ratio is presently 6.3 days. Currently, 6.1% of the shares of the company are short sold.

Who are some of Platform Specialty Products Corporation's key competitors?

Who owns Platform Specialty Products Corporation stock?

Platform Specialty Products Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fox Run Management L.L.C. (0.02%). Company insiders that own Platform Specialty Products Corporation stock include Benjamin Gliklich, David A Jacoboski, Diego Lopez Casanello, Ian G H Ashken, John David Tolbert, John Edward Capps, Martin E Franklin, Rakesh Sachdev and Sanjiv Khattri. View Institutional Ownership Trends for Platform Specialty Products Corporation.

Who bought Platform Specialty Products Corporation stock? Who is buying Platform Specialty Products Corporation stock?

Platform Specialty Products Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. Company insiders that have bought Platform Specialty Products Corporation stock in the last two years include Benjamin Gliklich, David A Jacoboski, Diego Lopez Casanello, Ian G H Ashken, John David Tolbert, John Edward Capps, Martin E Franklin, Rakesh Sachdev and Sanjiv Khattri. View Insider Buying and Selling for Platform Specialty Products Corporation.

How do I buy Platform Specialty Products Corporation stock?

Shares of Platform Specialty Products Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Platform Specialty Products Corporation's stock price today?

One share of Platform Specialty Products Corporation stock can currently be purchased for approximately $10.87.


MarketBeat Community Rating for Platform Specialty Products Corporation (NYSE PAH)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  129 (Vote Underperform)
Total Votes:  226
MarketBeat's community ratings are surveys of what our community members think about Platform Specialty Products Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Platform Specialty Products Corporation (NYSE:PAH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $13.11 (20.62% upside)
Consensus Price Target History for Platform Specialty Products Corporation (NYSE:PAH)
Price Target History for Platform Specialty Products Corporation (NYSE:PAH)
Analysts' Ratings History for Platform Specialty Products Corporation (NYSE:PAH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017Barclays PLCLower Price TargetEqual Weight$15.00 -> $14.00N/AView Rating Details
9/18/2017SunTrust Banks, Inc.UpgradeHold -> Buy$13.00 -> $15.00HighView Rating Details
6/13/2017InstinetLower Price TargetBuy$14.00LowView Rating Details
5/9/2017NomuraReiterated RatingBuy$16.00LowView Rating Details
3/3/2017Credit Suisse GroupBoost Price TargetNeutral$10.00 -> $12.00N/AView Rating Details
2/28/2017Roth CapitalSet Price TargetBuy$15.00N/AView Rating Details
2/6/2017Goldman Sachs Group, Inc. (The)Initiated CoverageBuy -> Buy$15.00N/AView Rating Details
1/29/2017Morgan StanleyInitiated CoverageEqual -> Equal Weight$12.00N/AView Rating Details
1/21/2017HC WainwrightInitiated CoverageBuy$5.00N/AView Rating Details
7/28/2016Citigroup Inc.Initiated CoverageBuy$11.00N/AView Rating Details
3/9/2016Bank of America CorporationInitiated CoverageBuyN/AView Rating Details
3/1/2016Monness Crespi & HardtDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Platform Specialty Products Corporation (NYSE:PAH)
Earnings by Quarter for Platform Specialty Products Corporation (NYSE:PAH)
Earnings History by Quarter for Platform Specialty Products Corporation (NYSE PAH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.19N/AView Earnings Details
8/9/2017Q2 2017$0.18$0.20$933.32 million$941.10 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.12$0.16$835.22 million$861.80 millionViewListenView Earnings Details
2/28/2017Q4 2016$0.17$0.20$931.10 million$950.00 millionViewListenView Earnings Details
11/4/2016Q316$0.11$0.14$850.16 million$891.00 millionViewListenView Earnings Details
8/8/2016Q216$0.20$0.16$887.71 million$922.00 millionViewListenView Earnings Details
5/9/2016Q1$0.10$0.11$799.69 million$824.00 millionViewN/AView Earnings Details
11/10/2015Q315$0.10$0.06$582.00 million$597.00 millionViewN/AView Earnings Details
8/13/2015Q215$0.31$0.25$735.48 million$675.00 millionViewListenView Earnings Details
5/12/2015Q115$0.22$0.21$566.60 million$534.80 millionViewListenView Earnings Details
3/18/2015Q414$0.20$0.14$278.00 million$273.60 millionViewN/AView Earnings Details
11/5/2014$0.15$0.19$196.78 millionViewN/AView Earnings Details
8/6/2014$0.18$189.13 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Platform Specialty Products Corporation (NYSE:PAH)
2017 EPS Consensus Estimate: $0.61
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.07$0.14$0.11
Q2 20172$0.13$0.19$0.16
Q3 20172$0.11$0.17$0.14
Q4 20172$0.14$0.26$0.20
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Platform Specialty Products Corporation (NYSE:PAH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Platform Specialty Products Corporation (NYSE:PAH)
Insider Ownership Percentage: 6.00%
Institutional Ownership Percentage: 93.88%
Insider Trades by Quarter for Platform Specialty Products Corporation (NYSE:PAH)
Institutional Ownership by Quarter for Platform Specialty Products Corporation (NYSE:PAH)
Insider Trades by Quarter for Platform Specialty Products Corporation (NYSE:PAH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2017Ian G H AshkenDirectorBuy45,000$10.98$494,100.00View SEC Filing  
8/25/2017John David TolbertInsiderBuy2,000$11.09$22,180.00View SEC Filing  
8/25/2017John Edward CappsEVPBuy2,500$10.77$26,925.00View SEC Filing  
8/25/2017Rakesh SachdevCEOBuy11,000$11.06$121,660.00View SEC Filing  
11/8/2016Diego Lopez CasanelloInsiderBuy4,000$8.26$33,040.00View SEC Filing  
9/16/2016Martin E FranklinDirectorBuy1,050,000$8.25$8,662,500.00View SEC Filing  
3/17/2016David A JacoboskiTreasurerBuy1,000$8.49$8,490.00View SEC Filing  
12/9/2015Ian G H AshkenDirectorBuy50,000$11.36$568,000.00View SEC Filing  
11/23/2015David A. JacoboskiTreasurerBuy1,500$12.53$18,795.00View SEC Filing  
11/19/2015Benjamin GliklichCOOBuy4,000$11.75$47,000.00View SEC Filing  
11/19/2015Martin E FranklinDirectorBuy500,000$11.88$5,940,000.00View SEC Filing  
11/19/2015Sanjiv KhattriCFOBuy5,000$11.83$59,150.00View SEC Filing  
8/25/2015Martin E FranklinDirectorBuy224,100$17.81$3,991,221.00View SEC Filing  
8/18/2015Benjamin GliklichVPBuy4,760$20.80$99,008.00View SEC Filing  
12/16/2014Martin E FranklinDirectorBuy250,000$21.21$5,302,500.00View SEC Filing  
11/21/2014Stanhope InvestmentsMajor ShareholderSell351,193$26.02$9,138,041.86View SEC Filing  
11/20/2014E Stanley OnealDirectorBuy30,000$25.96$778,800.00View SEC Filing  
11/19/2014E Stanley OnealDirectorBuy47,601$26.02$1,238,578.02View SEC Filing  
11/19/2014Stanhope InvestmentsMajor ShareholderSell205,954$26.06$5,367,161.24View SEC Filing  
4/30/2014Stanhope InvestmentsMajor ShareholderBuy144,105$19.50$2,810,047.50View SEC Filing  
4/22/2014Stanhope InvestmentsMajor ShareholderSell2,000,000$20.50$41,000,000.00View SEC Filing  
3/13/2014Stanhope InvestmentsMajor ShareholderSell1,900$21.00$39,900.00View SEC Filing  
3/11/2014Stanhope InvestmentsMajor ShareholderSell95,176$21.37$2,033,911.12View SEC Filing  
3/10/2014Stanhope InvestmentsMajor ShareholderSell238,557$21.61$5,155,216.77View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Platform Specialty Products Corporation (NYSE:PAH)
Latest Headlines for Platform Specialty Products Corporation (NYSE:PAH)
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Platform Specialty Products Corporation (PAH) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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