Arkema SA (OTCMKTS:ARKAY) Receives Average Rating of “Hold” from Analysts

Arkema SA (OTCMKTS:ARKAY) has earned a consensus rating of “Hold” from the eight brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company.

Several research analysts recently weighed in on ARKAY shares. Barclays raised shares of Arkema from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group lowered shares of Arkema from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Zacks Research raised shares of Arkema from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Kepler Capital Markets lowered shares of Arkema from a “hold” rating to a “strong sell” rating in a report on Thursday, May 7th. Finally, Berenberg Bank cut shares of Arkema from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th.

Arkema Stock Performance

OTCMKTS:ARKAY opened at $72.00 on Monday. The company has a current ratio of 2.25, a quick ratio of 1.64 and a debt-to-equity ratio of 0.53. Arkema has a 1-year low of $56.28 and a 1-year high of $79.36. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 248.28 and a beta of 0.85. The business’s 50-day moving average price is $66.06 and its two-hundred day moving average price is $68.00.

Arkema (OTCMKTS:ARKAY) last posted its earnings results on Thursday, July 30th. The basic materials company reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.12. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.86 billion. Arkema had a return on equity of 4.27% and a net margin of 0.67%. On average, equities analysts expect that Arkema will post 3.68 earnings per share for the current year.

About Arkema

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.