Arkema SA (OTCMKTS:ARKAY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Arkema SA (OTCMKTS:ARKAY) have been assigned an average recommendation of “Reduce” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company.

A number of equities research analysts have commented on the company. Zacks Research raised Arkema from a “strong sell” rating to a “hold” rating in a report on Monday. Citigroup reiterated a “buy” rating on shares of Arkema in a research note on Friday, October 3rd. Deutsche Bank Aktiengesellschaft downgraded shares of Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, Barclays downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th.

Arkema Stock Performance

Shares of ARKAY opened at $58.43 on Wednesday. The stock has a market capitalization of $4.44 billion, a P/E ratio of 28.09, a P/E/G ratio of 1.10 and a beta of 0.90. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.26 and a current ratio of 3.07. Arkema has a 1 year low of $56.28 and a 1 year high of $91.51. The company’s fifty day moving average is $59.81 and its two-hundred day moving average is $67.08.

Arkema (OTCMKTS:ARKAY) last announced its quarterly earnings data on Friday, November 7th. The basic materials company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.21. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.50 billion. Arkema had a return on equity of 5.15% and a net margin of 1.55%. On average, sell-side analysts predict that Arkema will post 8.36 earnings per share for the current year.

About Arkema

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.