Arkema SA (OTCMKTS:ARKAY) Given Average Rating of “Reduce” by Analysts

Shares of Arkema SA (OTCMKTS:ARKAY) have been given an average rating of “Reduce” by the eight analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company.

Several equities analysts have recently weighed in on ARKAY shares. Berenberg Bank downgraded shares of Arkema from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Arkema in a research note on Tuesday, June 23rd. Kepler Capital Markets downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a report on Thursday, May 7th. The Goldman Sachs Group lowered shares of Arkema from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Finally, Sanford C. Bernstein raised shares of Arkema from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th.

Arkema Stock Performance

OTCMKTS:ARKAY opened at $66.10 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.25 and a quick ratio of 1.64. The business has a fifty day simple moving average of $65.83 and a two-hundred day simple moving average of $67.10. Arkema has a 1 year low of $56.28 and a 1 year high of $79.36. The company has a market capitalization of $5.03 billion, a P/E ratio of 264.40 and a beta of 0.86.

Arkema (OTCMKTS:ARKAY) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.10. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Arkema had a return on equity of 4.06% and a net margin of 0.46%. On average, analysts expect that Arkema will post 3.48 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.