Arkema (OTCMKTS:ARKAY) Hits New 1-Year Low - Should You Sell?

Key Points

• Arkema SA's stock has hit a new 52-week low, trading at $57.22 after a previous close of $58.46.
• Despite recent performance, analysts maintain a Moderate Buy rating for Arkema, with varying assessments including one Strong Buy, two Buy, and one Sell rating.
• In its last earnings report, Arkema missed earnings estimates, reporting $1.77 EPS against a consensus of $2.09, while achieving revenues of $2.75 billion, exceeding expectations.

Arkema SA (OTCMKTS:ARKAY - Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as $57.22 and last traded at $57.22, with a volume of 2086 shares traded. The stock had previously closed at $58.46.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ARKAY. Barclays lowered shares of Arkema from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Arkema in a report on Monday, September 8th. Jefferies Financial Group lowered shares of Arkema to a "hold" rating in a report on Monday, June 16th. Finally, Citigroup reissued a "buy" rating on shares of Arkema in a report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Arkema presently has an average rating of "Moderate Buy".

Arkema Stock Performance

The firm has a market capitalization of $4.42 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 0.55 and a beta of 1.03. The company's 50 day moving average is $67.91 and its 200-day moving average is $71.03. The company has a quick ratio of 1.64, a current ratio of 2.43 and a debt-to-equity ratio of 0.48.

Arkema (OTCMKTS:ARKAY - Get Free Report) last issued its earnings results on Thursday, July 31st. The basic materials company reported $1.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by ($0.32). The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.29 billion. Arkema had a return on equity of 6.41% and a net margin of 2.41%. As a group, equities analysts anticipate that Arkema SA will post 8.36 EPS for the current year.

Arkema Company Profile

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.

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