Arkema SA (OTCMKTS:ARKAY) Given Average Recommendation of “Hold” by Analysts

Arkema SA (OTCMKTS:ARKAY) has been given a consensus rating of “Hold” by the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company.

A number of equities research analysts have weighed in on ARKAY shares. Sanford C. Bernstein upgraded Arkema from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Arkema in a research report on Thursday, April 9th. Berenberg Bank downgraded Arkema from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. The Goldman Sachs Group raised Arkema from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Finally, Zacks Research raised Arkema from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th.

Arkema Stock Performance

Shares of OTCMKTS ARKAY opened at $71.61 on Wednesday. The company has a market cap of $5.45 billion, a PE ratio of 286.45 and a beta of 0.84. The company has a current ratio of 2.25, a quick ratio of 1.64 and a debt-to-equity ratio of 0.53. Arkema has a 12-month low of $56.28 and a 12-month high of $79.36. The stock has a 50 day simple moving average of $70.14 and a 200-day simple moving average of $65.67.

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, topping analysts’ consensus estimates of $0.91 by $0.10. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.52 billion. Arkema had a return on equity of 4.06% and a net margin of 0.46%. On average, equities research analysts forecast that Arkema will post 3.89 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.