Arkema SA (ARKAY) – What Are Investment Firms Saying About This Stock?

Arkema SA (OTCMKTS:ARKAY) has been assigned an average recommendation of “Reduce” from the seven analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and six have assigned a hold recommendation to the company.

Separately, Barclays upgraded shares of Arkema from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th.

Arkema Stock Down 0.4%

ARKAY opened at $61.96 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.52. The business has a 50 day moving average price of $64.65 and a 200 day moving average price of $66.84. The firm has a market cap of $4.71 billion, a P/E ratio of 213.66 and a beta of 0.88. Arkema has a twelve month low of $56.28 and a twelve month high of $79.36.

Arkema (OTCMKTS:ARKAY) last released its earnings results on Thursday, July 30th. The basic materials company reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.12. Arkema had a net margin of 0.67% and a return on equity of 4.30%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.86 billion. Research analysts forecast that Arkema will post 3.73 EPS for the current year.

Arkema Company Profile

Arkema is a France-based global specialty materials company that develops and manufactures products used in a wide range of industrial and consumer applications. Its portfolio includes specialty adhesives, high-performance polymers, acrylic materials, coating resins, additives and other chemical solutions designed to improve durability, performance and sustainability.

The company operates through businesses focused on Adhesive Solutions, Advanced Materials and Coating Solutions. Its products serve markets such as construction, automotive, electronics, packaging, renewable energy, consumer goods and industrial manufacturing.