Arkema SA (OTCMKTS:ARKAY) Given Consensus Rating of “Reduce” by Brokerages

Arkema SA (OTCMKTS:ARKAY) has been assigned a consensus rating of “Reduce” from the eight analysts that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company.

A number of equities analysts recently weighed in on ARKAY shares. Berenberg Bank lowered shares of Arkema from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. The Goldman Sachs Group downgraded shares of Arkema from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Kepler Capital Markets cut shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Arkema in a report on Tuesday, June 23rd. Finally, Zacks Research upgraded Arkema from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th.

Arkema Stock Down 0.5%

OTCMKTS ARKAY opened at $63.21 on Thursday. Arkema has a 12 month low of $56.28 and a 12 month high of $79.36. The company has a current ratio of 2.25, a quick ratio of 1.64 and a debt-to-equity ratio of 0.53. The stock has a market cap of $4.81 billion, a PE ratio of 252.84 and a beta of 0.86. The stock’s 50 day moving average is $66.04 and its 200 day moving average is $67.04.

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 during the quarter, compared to analyst estimates of $2.52 billion. Arkema had a net margin of 0.46% and a return on equity of 4.06%. Research analysts predict that Arkema will post 3.48 EPS for the current fiscal 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.