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

Arkema SA (OTCMKTS:ARKAY) has received an average recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company.

A number of research analysts have commented on the company. Kepler Capital Markets lowered Arkema from a “hold” rating to a “strong sell” rating in a research report on Thursday. Sanford C. Bernstein raised Arkema from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Arkema in a research report on Thursday, April 9th. Berenberg Bank lowered Arkema from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, The Goldman Sachs Group raised Arkema from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th.

Arkema Trading Up 2.4%

OTCMKTS ARKAY opened at $74.18 on Friday. Arkema has a 1-year low of $56.28 and a 1-year high of $79.36. The company has a current ratio of 2.13, a quick ratio of 1.63 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average of $67.95 and a 200-day moving average of $64.26. The firm has a market cap of $5.64 billion, a PE ratio of 296.71 and a beta of 0.84.

Arkema (OTCMKTS:ARKAY) last released its earnings results on Wednesday, May 6th. The basic materials company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.10. Arkema had a return on equity of 4.06% and a net margin of 0.46%.The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.52 billion. As a group, sell-side analysts forecast that Arkema will post 3.79 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.