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

September 17, 2017 - By Peter Erickson

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

Investors wait Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) to report on October, 18 before the open. its quarterly earnings Wall Street analysts expect $0.48 earnings per share, up $0.03 or 6.67 % from last year’s $0.45 same quarter earnings. This translates into $368.98M profit for AKZOY giving the stock a 16.15 P/E. This is assuming the current $0.48 EPS is accurate. Akzo Nobel N.V. (ADR)’s Wall Street analysts see -2.04 % negative EPS growth, taking into account the $0.49 EPS reproted in the previous quarter, 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. On Monday, January 18 the stock rating was upgraded by JP Morgan to “Overweight”. Citigroup downgraded the shares of AKZOY in report on Monday, July 27 to “Neutral” rating. On Tuesday, October 13 the stock rating was upgraded by Citigroup to “Buy”. The firm earned “Reduce” rating on Friday, September 16 by HSBC. The firm has “Overweight” rating by JP Morgan given on Friday, January 15.

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: Seekingalpha.com which released: “Akzo Nobel: Slow Growth European Blue Chip” on April 28, 2015, also Benzinga.com with their article: “6 Deals Are Live In Chemical Sector: Where Do They Stand?” published on June 12, 2017, Fool.com published: “Is a Hostile Takeover the Only Path Left for PPG Industries and Akzo Nobel?” on June 26, 2017. More interesting news about Akzo Nobel N.V. (ADR) (OTCMKTS:AKZOY) were released by: Seekingalpha.com and their article: “Akzo Nobel Gets New CEO But Little Will Change” published on July 19, 2017 as well as Fool.com‘s news article titled: “Third Time Is Not the Charm for PPG as Azko Nobel Rejects Another Offer” with publication date: May 16, 2017.

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