Platform Specialty Products Corporation produces and sells specialty chemical products worldwide. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers a range of specialty chemicals, such as surface and coating materials, functional conversion coatings, electronic assembly materials, water-based hydraulic control fluids, and photopolymers. The Agricultural Solutions segment engages in the development, formulation, registration, marketing, and distribution of crop protection solutions, including BioSolutions products and seed treatments for various crops and applications. This segment also offers crop protection chemicals that control biotic stresses, such as fungicides, herbicides, and insecticides. It serves agricultural, animal health, electronics, graphics, plating, offshore oil and gas production, and drilling industries. 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
Stock Exchange NYSE
Industry Miscellaneous chemical products
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:PAH
CUSIPN/A
Phone561-207-9600
Debt
Debt-to-Equity Ratio2.07
Current Ratio2.11
Quick Ratio1.62
Price-To-Earnings
Trailing P/E Ratio16.54
Forward P/E Ratio22.18
P/E Growth1.8
Sales & Book Value
Annual Sales$3.78 billion
Price / Sales0.96
Cash Flow$2.6388 per share
Price / Cash4.79
Book Value$9.96 per share
Price / Book1.27
Profitability
EPS (Most Recent Fiscal Year)$0.76
Net Income$-296,200,000.00
Net Margins-4.08%
Return on Equity9.15%
Return on Assets2.54%
Miscellaneous
Employees7,850
Outstanding Shares288,230,000
Market Cap$3.57 billion
Platform Specialty Products (NYSE:PAH) Frequently Asked Questions
What is Platform Specialty Products' stock symbol?
Platform Specialty Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAH."
How were Platform Specialty Products' earnings last quarter?
Platform Specialty Products Corp (NYSE:PAH) released its quarterly earnings data on Thursday, August, 2nd. The specialty chemicals company reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.02. The specialty chemicals company had revenue of $1 billion for the quarter, compared to the consensus estimate of $997.27 million. Platform Specialty Products had a positive return on equity of 9.15% and a negative net margin of 4.08%. Platform Specialty Products's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the business posted $0.20 EPS. View Platform Specialty Products' Earnings History.
When is Platform Specialty Products' next earnings date?
What price target have analysts set for PAH?
5 analysts have issued 1-year target prices for Platform Specialty Products' stock. Their predictions range from $12.00 to $15.00. On average, they anticipate Platform Specialty Products' stock price to reach $13.25 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Platform Specialty Products.
What is the consensus analysts' recommendation for Platform Specialty Products?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Platform Specialty Products in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Platform Specialty Products.
Who are some of Platform Specialty Products' key competitors?
Who are Platform Specialty Products' key executives?
Platform Specialty Products' management team includes the folowing people:
- Mr. Martin Ellis Franklin, Founder & Chairman (Age 53)
- Mr. Rakesh Sachdev, CEO & Director (Age 62)
- Mr. John P. Connolly, Chief Financial Officer (Age 52)
- Mr. Benjamin Gliklich, Exec. VP of Operations & Strategy (Age 33)
- Mr. John Edwards Capps, Exec. VP, Gen. Counsel & Sec. (Age 53)
Has Platform Specialty Products been receiving favorable news coverage?
Headlines about PAH stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Platform Specialty Products earned a media and rumor sentiment score of 0.07 on Accern's scale. They also assigned headlines about the specialty chemicals company an impact score of 48.99 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Platform Specialty Products.
Who are Platform Specialty Products' major shareholders?
Platform Specialty Products' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (10.74%), BlackRock Inc. (5.27%), Dimensional Fund Advisors LP (5.17%), Nomura Holdings Inc. (2.26%), Morgan Stanley (2.10%) and Miller Value Partners LLC (1.43%). Company insiders that own Platform Specialty Products stock include Benjamin Gliklich, Diego Lopez Casanello, Ian G H Ashken, John David Tolbert, John Edward Capps, Martin E Franklin, Pershing Square Capital Manage and Rakesh Sachdev. View Institutional Ownership Trends for Platform Specialty Products.
Which institutional investors are selling Platform Specialty Products stock?
PAH stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Miller Value Partners LLC, Nomura Holdings Inc., Bank of America Corp DE, Ardsley Advisory Partners, Janus Henderson Group PLC, PenderFund Capital Management Ltd. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Platform Specialty Products.
Which institutional investors are buying Platform Specialty Products stock?
PAH stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlueMountain Capital Management LLC, Dimensional Fund Advisors LP, MUFG Securities EMEA plc, Wedge Capital Management L L P NC, BlackRock Inc., Wells Fargo & Company MN and Renaissance Technologies LLC. Company insiders that have bought Platform Specialty Products stock in the last two years include Benjamin Gliklich, Diego Lopez Casanello, Ian G H Ashken, John David Tolbert, John Edward Capps, Martin E Franklin, Pershing Square Capital Manage and Rakesh Sachdev. View Insider Buying and Selling for Platform Specialty Products.
How do I buy shares of Platform Specialty Products?
Shares of PAH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Platform Specialty Products' stock price today?
One share of PAH stock can currently be purchased for approximately $12.64.
How big of a company is Platform Specialty Products?
Platform Specialty Products has a market capitalization of $3.57 billion and generates $3.78 billion in revenue each year. The specialty chemicals company earns $-296,200,000.00 in net income (profit) each year or $0.76 on an earnings per share basis. Platform Specialty Products employs 7,850 workers across the globe.
How can I contact Platform Specialty Products?
Platform Specialty Products' mailing address is 1450 CENTREPARK BLVD SUITE 210, WEST PALM BEACH FL, 33401. The specialty chemicals company can be reached via phone at 561-207-9600.
MarketBeat Community Rating for Platform Specialty Products (NYSE PAH)
MarketBeat's community ratings are surveys of what our community members think about Platform Specialty Products and other stocks. Vote "Outperform" if you believe PAH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAH will underperform the S&P 500 over the long term. You may vote once every thirty days.
