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

Shares of Arkema SA (OTCMKTS:ARKAY) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

ARKAY has been the subject of several research analyst reports. Jefferies Financial Group downgraded shares of Arkema to a “hold” rating in a research note on Monday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Arkema in a research note on Monday, September 8th. Barclays downgraded Arkema from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Finally, Citigroup reaffirmed a “buy” rating on shares of Arkema in a research report on Friday.

Arkema Price Performance

Shares of OTCMKTS:ARKAY opened at $62.24 on Friday. The firm has a market cap of $4.73 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 0.60 and a beta of 1.03. The firm’s fifty day moving average is $68.91 and its 200-day moving average is $71.76. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.64 and a current ratio of 2.43. Arkema has a 52 week low of $62.01 and a 52 week high of $96.67.

Arkema (OTCMKTS:ARKAY) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $1.77 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.32). The business 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%. Sell-side analysts predict that Arkema will post 8.36 earnings per share 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.