Analysts See $0.48 EPS for Akzo Nobel N.V. (ADR) (AKZOY)

September 17, 2017 - By Vivian Park

 Analysts See $0.48 EPS for Akzo Nobel N.V. (ADR) (AKZOY)

Wall Street await Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) to release earnings on October, 18 before the open. Analysts forecast EPS of $0.48, up exactly $0.03 or 6.67 % from 2014’s $0.45 EPS. The expected AKZOY’s profit could reach $368.98M giving the stock 16.15 P/E in the case that $0.48 earnings per share is reported. After posting $0.49 EPS for the previous quarter, Akzo Nobel N.V. (ADR)’s analysts now forecast -2.04 % negative EPS growth. The stock increased 0.68% or $0.21 on September 15, reaching $31. About 236,712 shares traded or 325.73% up from the average. Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) Ratings Coverage

Among 3 analysts covering Akzo Nobel N.V. (OTCMKTS:AKZOY), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Akzo Nobel N.V. had 5 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) has “Buy” rating given on Tuesday, October 13 by Citigroup. The company was upgraded on Monday, January 18 by JP Morgan. As per Monday, July 27, the company rating was downgraded by Citigroup. HSBC initiated Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) on Friday, September 16 with “Reduce” rating. As per Friday, January 15, the company rating was upgraded by JP Morgan.

Akzo Nobel N.V. is a paints and coatings company, and a producer of specialty chemicals. The company has market cap of $23.83 billion. The Company’s divisions include Decorative Paints, Performance Coatings, Specialty Chemicals, and Corporate and other. It has a 20.57 P/E ratio. The Decorative Paints segment’s business include Decorative Paints Europe, Middle East and Africa; Decorative Paints Asia, and Decorative Paints Latin America.

More notable recent Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) news were published by: Fool.com which released: “Third Time Is Not the Charm for PPG as Azko Nobel Rejects Another Offer” on May 16, 2017, also Benzinga.com with their article: “6 Deals Are Live In Chemical Sector: Where Do They Stand?” published on June 12, 2017, Marketwatch.com published: “31.00” on April 14, 2011. More interesting news about Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) were released by: Fool.com and their article: “Is a Hostile Takeover the Only Path Left for PPG Industries and Akzo Nobel?” published on June 26, 2017 as well as Fool.com‘s news article titled: “Does Valspar Buy Mean Sherwin-Williams Sees Slow Growth Ahead?” with publication date: March 23, 2016.

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