Arkema SA (OTCMKTS:ARKAY) Receives Consensus Recommendation of “Reduce” from Analysts

Arkema SA (OTCMKTS:ARKAY) has received a consensus rating of “Reduce” from the six brokerages that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company.

ARKAY has been the topic of a number of recent analyst reports. Zacks Research cut shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Barclays lowered Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th.

Arkema Stock Performance

ARKAY opened at $60.34 on Thursday. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.07 and a quick ratio of 2.26. Arkema has a 1 year low of $56.28 and a 1 year high of $91.51. The company has a market capitalization of $4.59 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 1.26 and a beta of 0.91. The business has a fifty day simple moving average of $60.57 and a 200 day simple moving average of $64.09.

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

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.