Arkema SA (OTCMKTS:ARKAY) Receives Average Rating of “Hold” from Brokerages

by · The Markets Daily

Shares of Arkema SA (OTCMKTS:ARKAY – Get Free Report) have received a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating on the company.

Several equities analysts have recently commented on the company. Sanford C. Bernstein raised Arkema from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Arkema in a report on Thursday, April 9th. Kepler Capital Markets lowered Arkema from a “hold” rating to a “strong sell” rating in a report on Thursday, May 7th. Zacks Research raised Arkema from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Finally, Berenberg Bank lowered Arkema from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th.

Check Out Our Latest Research Report on ARKAY

Arkema Stock Up 1.4%

Shares of Arkema stock opened at $71.61 on Wednesday. The company has a quick ratio of 1.64, a current ratio of 2.25 and a debt-to-equity ratio of 0.53. The firm has a market cap of $5.45 billion, a P/E ratio of 286.45 and a beta of 0.84. Arkema has a fifty-two week low of $56.28 and a fifty-two week high of $79.36. The business has a 50-day moving average price of $70.14 and a 200 day moving average price of $65.67.

Arkema (OTCMKTS:ARKAY – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.10. The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.52 billion. Arkema had a return on equity of 4.06% and a net margin of 0.46%. On average, sell-side analysts forecast that Arkema will post 3.89 earnings per share for the current fiscal year.

About Arkema

(Get Free Report)

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.

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