Arkema SA (OTCMKTS:ARKAY) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Arkema SA has received a consensus rating of "Moderate Buy" from six brokerages, with recommendations varying from one sell to two strong buy ratings.
• Despite missing earnings estimates with $1.77 EPS compared to a consensus of $2.09, Arkema reported higher revenue of $2.75 billion for the quarter, exceeding expectations.
• The company's stock is currently trading at $68.97, with a market capitalization of $5.25 billion and a debt-to-equity ratio of 0.48.

Arkema SA (OTCMKTS:ARKAY - Get Free Report) has received an average rating of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

Several research firms have recently commented on ARKAY. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Arkema in a report on Monday, September 8th. Barclays cut Arkema from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. Citigroup reissued a "buy" rating on shares of Arkema in a research note on Friday, July 11th. Finally, Jefferies Financial Group downgraded shares of Arkema to a "hold" rating in a research note on Monday, June 16th.

Arkema Trading Up 0.8%

Shares of ARKAY traded up $0.59 during mid-day trading on Tuesday, reaching $69.55. The company's stock had a trading volume of 9,355 shares, compared to its average volume of 7,733. Arkema has a 52 week low of $64.94 and a 52 week high of $98.97. The stock has a market cap of $5.29 billion, a PE ratio of 22.44, a P/E/G ratio of 0.63 and a beta of 1.04. The company's fifty day moving average price is $71.90 and its two-hundred day moving average price is $74.14. The company has a current ratio of 2.43, a quick ratio of 1.64 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 EPS for the quarter, missing analysts' consensus estimates of $2.09 by ($0.32). Arkema had a return on equity of 6.41% and a net margin of 2.41%.The business had revenue of $2.75 billion during the quarter, compared to analysts' expectations of $2.29 billion. On average, analysts predict that Arkema will post 8.36 earnings per share for the current fiscal 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.