Press coverage about Kraton (NYSE:KRA) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kraton earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the specialty chemicals company an impact score of 46.0098695709103 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- Critical Contrast: A Schulman (SHLM) vs. Kraton (KRA) (americanbankingnews.com)
- Kraton (KRA) Insider Chris H. Russell Sells 1,600 Shares (americanbankingnews.com)
- Financial Analysis: DowDuPont (DWDP) versus Kraton (KRA) (americanbankingnews.com)
- Kraton increases styrenic copolymer prices (european-rubber-journal.com)
Several brokerages have recently weighed in on KRA. Zacks Investment Research upgraded shares of Kraton from a “sell” rating to a “hold” rating in a research note on Tuesday, May 1st. ValuEngine downgraded shares of Kraton from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 2nd. Loop Capital set a $76.00 target price on shares of Kraton and gave the company a “buy” rating in a research note on Tuesday, March 20th. UBS Group upped their target price on shares of Kraton from $36.00 to $38.00 and gave the company a “sell” rating in a research note on Thursday, April 26th. Finally, TheStreet upgraded shares of Kraton from a “c” rating to a “b-” rating in a research note on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $56.25.
Shares of Kraton traded up $0.62, hitting $47.76, on Friday, Marketbeat Ratings reports. The stock had a trading volume of 634,034 shares, compared to its average volume of 147,070. The company has a market capitalization of $1.50 billion, a PE ratio of 16.76 and a beta of 1.24. The company has a current ratio of 2.24, a quick ratio of 1.05 and a debt-to-equity ratio of 2.27. Kraton has a 52-week low of $31.44 and a 52-week high of $53.99.
Kraton (NYSE:KRA) last announced its earnings results on Wednesday, April 25th. The specialty chemicals company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.01). The firm had revenue of $502.39 million during the quarter, compared to analysts’ expectations of $467.89 million. Kraton had a net margin of 5.65% and a return on equity of 18.07%. Kraton’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.15) earnings per share. equities research analysts predict that Kraton will post 3.66 EPS for the current year.
In other Kraton news, SVP Holger R. Jung sold 10,369 shares of the stock in a transaction on Friday, June 1st. The shares were sold at an average price of $49.32, for a total transaction of $511,399.08. Following the transaction, the senior vice president now directly owns 14,590 shares in the company, valued at approximately $719,578.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Marcello C. Boldrini sold 1,500 shares of the stock in a transaction on Monday, May 21st. The shares were sold at an average price of $50.52, for a total transaction of $75,780.00. The disclosure for this sale can be found here. Insiders have sold a total of 22,353 shares of company stock worth $1,105,629 over the last quarter. 4.71% of the stock is currently owned by insiders.
Kraton Corporation manufactures and sells styrenic block copolymers and other engineered polymers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Polymer and Chemical. The Polymer segment offers performance products, including styrene-butadiene-styrene and styrene-isoprene-styrene; and specialty polymers, such as hydrogenated styrenic block copolymers, as well as isoprene rubber and isoprene rubber latex for use in medical and personal care products, adhesives, tackifiers, paints, and coatings.
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