Akzo Nobel (OTCMKTS:AKZOY) – Equities researchers at Jefferies Group upped their FY2018 earnings per share estimates for Akzo Nobel in a report released on Tuesday. Jefferies Group analyst L. Alexander now forecasts that the basic materials company will post earnings of $1.09 per share for the year, up from their previous estimate of $1.04.
Akzo Nobel (OTCMKTS:AKZOY) last released its quarterly earnings results on Wednesday, October 18th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.06). Akzo Nobel had a net margin of 6.13% and a return on equity of 14.88%. The firm had revenue of $4.26 billion for the quarter.
Akzo Nobel (AKZOY) traded up $0.51 during mid-day trading on Thursday, reaching $30.15. 242,802 shares of the company’s stock were exchanged, compared to its average volume of 52,466. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.40 and a quick ratio of 1.01. Akzo Nobel has a one year low of $20.61 and a one year high of $31.64. The company has a market capitalization of $22,262.24, a PE ratio of 23.19, a price-to-earnings-growth ratio of 1.81 and a beta of 1.11.
About Akzo Nobel
Akzo Nobel N.V. is a paints and coatings company, and a producer of specialty chemicals. The Company’s segments include Decorative Paints, Performance Coatings, Paints and Coatings, and Specialty Chemicals. The Decorative Paints segment’s business operations include Decorative Paints Europe, Middle East and Africa; Decorative Paints Asia, and Decorative Paints Latin America.
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