Arkema (ARKAY) Projected to Post Quarterly Earnings on Thursday

Arkema (OTCMKTS:ARKAY) is expected to be issuing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.53 per share for the quarter.

Arkema Stock Down 2.8%

Shares of ARKAY stock opened at $72.28 on Thursday. Arkema has a 1 year low of $56.28 and a 1 year high of $91.51. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.26 and a current ratio of 3.07. The business’s fifty day moving average is $63.56 and its 200-day moving average is $63.93. The stock has a market cap of $5.50 billion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 1.51 and a beta of 0.90.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Zacks Research cut Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft lowered Arkema from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Barclays lowered Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th. Finally, The Goldman Sachs Group upgraded Arkema from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Arkema currently has a consensus rating of “Reduce”.

Arkema Company Profile

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.