Platform Specialty Products Corporation (NYSE:PAH) appreciated by 0.21% at $9.62. Platform Specialty Products Corporation has 283.92 million shares outstanding, and in the last trade has seen ATR around 0.31. The volume of PAH witnessed a shift from 2.82 million shares, based on a 50-day average, to 2.75 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 8 Buys and 0 Sell among 12 analysts. Platform Specialty Products Corporation (NYSE:PAH) hasconsensus analyst target price is $14.45. That gives us a street projected return of 50.21%. If the published price targets set by Platform Specialty Products Corporation analysts have any power to influence the stock’s share price, the highest price target set for PAH is $17.
Platform Specialty Products Corporation most recently reported earnings per share (EPS) of $0.17 for the September 2017 versus $0.14 in the same quarter last year, representing 21% growth. Analysts had predicted $0.18. Revenue during the quarter was $904.3 million, representing 1% growth from $891 million in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as -6% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $0.24 in December 2017 quarter and in March 2018 quarter, representing 20% and 624275% growth, respectively. They expect this year’s earnings to rise 22.22% year-over-year to $0.77, followed by 22.08% growth in the next year to $0.94.
Shares of Ultra Petroleum Corp. (NASDAQ:UPL) traded down -3.4% in the last session while performance was up 8.81% in the last five days. The stock’s last price was higher from the average trading price of 50 days recorded at $8.57. Currently, 195.12 million total shares are owned by the public and among those 136.71 million shares have been available to trade. The percentage of shares being held by the company management was 1.89% while institutional stake was 0%.
Ultra Petroleum Corp. (UPL) has risen 19.54% since then. But since then, those gains have faded by -35.22%. UPL has risen 5.13% in the 1-month period.
Platform Specialty Products Corporation has a beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.26 a share in the trailing twelve months. It last reported revenues of $217.63 million and EPS for the September 2017, representing 9% top-line growth and 1085.93 EPS growth.
Looking forward, the company’s quarterly earnings are expected to come at $0.42 in the three months through December 2017 and $0.51 in the quarter ending March 2018, reflecting 0% and -65.77% growth, respectively. For the full year, analysts expect earnings to jump 78.07% yoy to $2.03. Next year this decline will reach -0.49% to attain $2.02.