Arkema SA (OTCMKTS:ARKAY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Arkema SA (OTCMKTS:ARKAY) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group downgraded Arkema to a “hold” rating in a research report on Monday, June 16th. Citigroup reissued a “buy” rating on shares of Arkema in a research report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Arkema in a research report on Monday, September 8th. Finally, Barclays downgraded Arkema from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 8th.

Arkema Price Performance

Arkema stock opened at $57.48 on Friday. Arkema has a 12 month low of $57.25 and a 12 month high of $94.78. The stock’s 50 day moving average is $68.07 and its 200-day moving average is $71.28. The company has a current ratio of 2.43, a quick ratio of 1.64 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 0.54 and a beta of 1.03.

Arkema (OTCMKTS:ARKAY) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $1.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.32). The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.29 billion. Arkema had a return on equity of 6.41% and a net margin of 2.41%. Equities research analysts expect that Arkema will post 8.36 EPS for the current year.

About Arkema

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.