Kraton (KRA) Getting Somewhat Positive Press Coverage, Study Shows

News articles about Kraton (NYSE:KRA) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kraton earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the specialty chemicals company an impact score of 46.7242859867966 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of research firms have recently issued reports on KRA. Zacks Investment Research cut shares of Kraton from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 26th. ValuEngine cut shares of Kraton from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. TheStreet cut shares of Kraton from a “b-” rating to a “c” rating in a research note on Wednesday, October 25th. UBS Group lifted their target price on shares of Kraton from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Wednesday, October 25th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $55.00 target price (up previously from $45.00) on shares of Kraton in a research note on Wednesday, October 11th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $51.50.

Kraton (NYSE:KRA) opened at $50.80 on Friday. The company has a quick ratio of 1.19, a current ratio of 2.27 and a debt-to-equity ratio of 2.85. Kraton has a 1 year low of $25.09 and a 1 year high of $51.50. The firm has a market cap of $1,590.00, a P/E ratio of 65.97 and a beta of 1.19.

Kraton (NYSE:KRA) last posted its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.57. Kraton had a net margin of 1.27% and a return on equity of 14.19%. The firm had revenue of $510.90 million during the quarter, compared to analysts’ expectations of $481.77 million. During the same quarter in the previous year, the company posted $0.63 EPS. Kraton’s revenue was up 12.5% on a year-over-year basis. analysts expect that Kraton will post 2.96 earnings per share for the current fiscal year.

In other Kraton news, CEO Kevin Michael Fogarty sold 81,430 shares of Kraton stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $49.09, for a total transaction of $3,997,398.70. Following the completion of the sale, the chief executive officer now owns 278,119 shares of the company’s stock, valued at approximately $13,652,861.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP James Leo Simmons sold 6,950 shares of Kraton stock in a transaction on Friday, October 27th. The stock was sold at an average price of $47.39, for a total transaction of $329,360.50. Following the sale, the senior vice president now directly owns 25,000 shares of the company’s stock, valued at approximately $1,184,750. The disclosure for this sale can be found here. Insiders sold a total of 198,454 shares of company stock valued at $9,645,791 in the last 90 days. 4.71% of the stock is currently owned by corporate insiders.

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About Kraton

Kraton Corporation, formerly Kraton Performance Polymers, Inc, is a specialty chemicals company. The Company manufactures styrenic block copolymers (SBCs) and other engineered polymers. The Company also produces specialty products primarily derived from pine wood pulping co-products. The Company operates through two segments: Polymer Segment, which comprises SBCs and other engineered polymers business, and Chemical Segment, which comprises pine-based specialty products business.

Insider Buying and Selling by Quarter for Kraton (NYSE:KRA)

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