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

Shares of Arkema SA (OTCMKTS:ARKAY) have been assigned an average recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company.

A number of research analysts have recently issued reports on ARKAY shares. The Goldman Sachs Group lowered shares of Arkema from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Arkema in a research report on Tuesday, June 23rd. Finally, Barclays upgraded Arkema from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th.

Arkema Stock Up 1.0%

Shares of Arkema stock opened at $68.03 on Friday. The company has a market cap of $5.17 billion, a P/E ratio of 234.59 and a beta of 0.85. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.52. Arkema has a one year low of $56.28 and a one year high of $79.36. The firm has a fifty day moving average of $67.45 and a two-hundred day moving average of $68.00.

Arkema (OTCMKTS:ARKAY) last released its earnings results on Thursday, July 30th. The basic materials company reported $1.98 EPS for the quarter, topping the consensus estimate 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 4.30%. On average, analysts forecast that Arkema will post 3.68 earnings per share for the current year.

Arkema Company Profile

Arkema is a France-based specialty materials company that develops and manufactures high-performance materials for industrial and consumer applications. Its portfolio includes advanced polymers, adhesives, coating materials, specialty additives and other chemical products designed to improve durability, performance and sustainability.

The company serves industries such as automotive, construction, consumer goods, electronics, energy, packaging, sports and healthcare. Its products include specialty adhesives, acrylic and fluoropolymer materials, technical resins, coating solutions and materials used in lightweight, durable and lower-impact applications.

Arkema was established in 2004 following the reorganization of Total’s chemicals businesses and has expanded into a global specialty materials group with operations and customers across Europe, North America, Asia and other international markets.