Arkema (ARKAY) to Release Quarterly Earnings on Wednesday

Arkema (OTCMKTS:ARKAY) is anticipated to issue its resultson Wednesday, May 6th. Analysts expect the company to announce earnings of $0.9120 per share and revenue of $2.5210 billion for the quarter.

Arkema Price Performance

OTCMKTS:ARKAY opened at $72.63 on Monday. Arkema has a 1-year low of $56.28 and a 1-year high of $79.36. The company has a 50-day moving average of $67.81 and a 200 day moving average of $63.96. The firm has a market cap of $5.52 billion, a PE ratio of 83.48 and a beta of 0.84. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.13 and a quick ratio of 1.63.

Analyst Ratings Changes

ARKAY has been the subject of a number of research reports. Berenberg Bank lowered shares of Arkema from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Kepler Capital Markets lowered shares of Arkema from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. The Goldman Sachs Group raised shares of Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Arkema in a research note on Thursday, April 9th. Finally, Sanford C. Bernstein raised shares of Arkema from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Arkema has an average rating of “Hold”.

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.