NASDAQ: AKZOY) – Analysts working for Akzo Nobel’s Jefferies Financial Group have raised their fiscal 2022 earnings forecast for Akzo Nobel’s shares in a research report published on January 4, 2019. Jefferies Financial Group analyst C. Counihan said the $1.08 per share for the current fiscal year is up from his previous forecast of $1.03 per share. This is an increase from his previous forecast of $1.03 per share. $1.99 per share is currently expected annual earnings for Akzo Nobel. In addition, Akzo Nobel will earn $1.37 per share in fiscal 2023, $1.70 per share in fiscal 2024 and $2.02 per share in fiscal 2025, according to Jefferies Financial Group.
On Thursday, October 20, Akzo Nobel (OTCMKTS: AKZOY) released earnings statistics for its most recent financial quarter. The company generated earnings per share totaling $0.19 during the quarter from its basic ingredients business. The company reported his total earnings of $2.88 billion for the above period. The following percentages represent Akzo Nobel’s net profit margin and return on equity. 5.08% and 9.65% respectively.
OTCMKTS: AKZOY opened at $22.84 on Friday. The current ratio to quick ratio is 1.16. The current ratio to the quick ratio is 0.79. The debt-to-equity ratio is 0.63%. Prices for Akzo Nobel products range from $17.85 to $37.32 per year. The stock has a 50-day moving average of $22.82 and a 200-day moving average of $21.81. The stock has a P/E ratio of 21.35, a market value of $12.46 billion, and a beta of 1.11 for the stock. The company has a price/earnings ratio of 4.89 and the stock has a price/earnings ratio of 21.35.
AKZOY has recently caught the attention of other research analysts. Société Générale lowered its price target for Akzo’s Nobel shares in a research report published Wednesday, November 16. The new price target has been lowered from €100.00 ($106.38) to €84.00 ($89.36). On October 24, JP Morgan Chase & Co. changed its Akzo Nobel stock recommendation from ‘neutral’ to ‘underweight’. After giving a ‘Reduce’ rating in the past, Kepler Capital Markets released a research note on Thursday, Oct. 13, rating the stock as ‘Hold’ after previously giving it a ‘Reduce’ rating. bottom. In addition, we set a share price target of €58.00. This equates to $61.70. On November 16, Credit Suisse Group upgraded Akzo Nobel’s rating from ‘Outperform’ to ‘Market Performing’. On the same day, they also raised the company’s price target from €76.00 ($80.85) to €80.00 ($85.11). This was also done on the same day.
Finally, in a research note published on Thursday 27 October, Berenberg lowered its price target on Akzo Nobel shares from €81.00 ($86.17) to €77.00 ($81.91). company. The company has seven research analysts recommending it to buy, four research analysts recommending it to hold, and one research analyst recommending it to sell. Akzo Nobel’s current consensus recommendation is a “moderate buy” and the company’s average price target is $81.82, according to data provided by Bloomberg.
Additionally, the business just announced a dividend paid out on November 10th of this year. The dividend was announced today. The investor who filed the record said on Thursday, Nov. 3 he was eligible to receive a dividend of $0.1029 per share. These payments were provided to shareholders as dividends. Dividends were paid to shareholders on Wednesday, November 2nd. This event took place. The yield he gets from doing this is 2.55%. In business, AkzoNobel maintains his 18.69% payout percentage.
The manufacture and distribution of paints and coatings can be traced back to Akzo Nobel NV, a multinational company with operations in every corner of the world. The company offers a wide range of decorative paints, lacquers and varnishes, as well as various mixing equipment and color schemes. We also offer specialty coatings for metals, wood and other building materials. In addition, the company serves the construction and renovation sectors of the economy.
