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

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

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

Arkema Stock Up 0.9%

Shares of OTCMKTS ARKAY opened at $62.86 on Thursday. 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 firm’s 50-day moving average price is $66.62 and its 200-day moving average price is $67.01. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 251.44 and a beta of 0.86.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $1.01 EPS for the quarter, topping the consensus estimate 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. On average, equities research analysts anticipate 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.