Akzo Nobel (AKZOY) to Release Earnings on Tuesday

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) is projected to release its earnings data on Tuesday, April 22nd. Analysts expect Akzo Nobel to post earnings of $0.30 per share and revenue of $2.64 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The basic materials company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.06). Akzo Nobel had a return on equity of 12.45% and a net margin of 4.26%. On average, analysts expect Akzo Nobel to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Akzo Nobel Stock Performance

Shares of AKZOY traded up $0.06 during mid-day trading on Friday, hitting $19.50. The company's stock had a trading volume of 75,936 shares, compared to its average volume of 136,967. Akzo Nobel has a one year low of $18.07 and a one year high of $24.12. The stock's 50-day moving average is $20.63 and its two-hundred day moving average is $20.63. The firm has a market capitalization of $10.00 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 0.67 and a beta of 1.13. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.87 and a current ratio of 1.23.

Akzo Nobel Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Wednesday, April 30th will be issued a $0.5384 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This is an increase from Akzo Nobel's previous dividend of $0.16. Akzo Nobel's dividend payout ratio is 90.63%.

Wall Street Analysts Forecast Growth

AKZOY has been the subject of a number of research analyst reports. The Goldman Sachs Group raised shares of Akzo Nobel from a "sell" rating to a "buy" rating in a research report on Thursday, March 6th. Barclays reaffirmed an "overweight" rating on shares of Akzo Nobel in a report on Monday, February 3rd.

Akzo Nobel Company Profile

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.