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

Arkema SA (OTCMKTS:ARKAY) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company.

A number of analysts have commented on the company. Zacks Research raised Arkema from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Arkema in a report on Tuesday, June 23rd. The Goldman Sachs Group cut Arkema from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Kepler Capital Markets downgraded Arkema from a “hold” rating to a “strong sell” rating in a report on Thursday, May 7th. Finally, Barclays upgraded Arkema from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th.

Arkema Stock Performance

Arkema stock opened at $69.45 on Monday. The stock has a market cap of $5.28 billion, a PE ratio of 239.48 and a beta of 0.85. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.64 and a current ratio of 2.25. The stock has a 50-day moving average of $66.43 and a two-hundred day moving average of $68.32. Arkema has a one year low of $56.28 and a one year high of $79.36.

Arkema (OTCMKTS:ARKAY) last released its earnings results on Thursday, July 30th. The basic materials company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.12. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.86 billion. Arkema had a net margin of 0.67% and a return on equity of 4.27%. On average, research analysts anticipate that Arkema will post 3.68 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.