Arkema (ARKAY) to Release Earnings on Thursday

Arkema (OTCMKTS:ARKAY) is expected to issue its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.53 per share for the quarter.

Arkema Stock Performance

ARKAY stock opened at $72.40 on Wednesday. The firm has a market cap of $5.51 billion, a PE ratio of 34.81, a P/E/G ratio of 1.43 and a beta of 0.90. The company has a quick ratio of 2.26, a current ratio of 3.07 and a debt-to-equity ratio of 0.55. The business has a 50 day moving average of $64.31 and a 200-day moving average of $63.93. Arkema has a 12-month low of $56.28 and a 12-month high of $91.51.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ARKAY. Barclays downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft downgraded Arkema from a “buy” rating to a “hold” rating in a research note on Monday, November 24th. The Goldman Sachs Group upgraded Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Finally, Zacks Research lowered shares of Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Arkema presently has a consensus rating of “Reduce”.

Arkema Company Profile

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.