Kraton (NYSE:KRA) will be releasing its earnings data after the market closes on Tuesday, February 20th. Analysts expect Kraton to post earnings of $0.67 per share for the quarter.
Kraton (NYSE:KRA) opened at $47.89 on Tuesday. The stock has a market cap of $1,458.09, a PE ratio of 63.01 and a beta of 1.13. Kraton has a one year low of $25.09 and a one year high of $53.39. The company has a debt-to-equity ratio of 2.85, a current ratio of 2.27 and a quick ratio of 1.19.
In other Kraton news, insider Kevin Michael Fogarty sold 1,042 shares of the company’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $50.00, for a total transaction of $52,100.00. Following the transaction, the insider now owns 197,731 shares in the company, valued at approximately $9,886,550. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.71% of the stock is currently owned by corporate insiders.
A number of brokerages recently issued reports on KRA. UBS Group upped their price target on shares of Kraton from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Wednesday, October 25th. Zacks Investment Research upgraded shares of Kraton from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Tuesday, October 17th. ValuEngine upgraded shares of Kraton from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, TheStreet cut shares of Kraton from a “b-” rating to a “c” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $51.50.
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Kraton Corporation, formerly Kraton Performance Polymers, Inc, is a specialty chemicals company. The Company manufactures styrenic block copolymers (SBCs) and other engineered polymers. The Company also produces specialty products primarily derived from pine wood pulping co-products. The Company operates through two segments: Polymer Segment, which comprises SBCs and other engineered polymers business, and Chemical Segment, which comprises pine-based specialty products business.
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