Media coverage about Kraton (NYSE:KRA) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kraton earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 44.6010673815563 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s analysis:
Shares of KRA opened at $52.76 on Friday. The firm has a market cap of $1,673.76, a price-to-earnings ratio of 18.51 and a beta of 1.18. The company has a debt-to-equity ratio of 2.36, a current ratio of 2.08 and a quick ratio of 0.96. Kraton has a twelve month low of $30.70 and a twelve month high of $53.99.
Kraton (NYSE:KRA) last announced its quarterly earnings results on Tuesday, February 20th. The specialty chemicals company reported $0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.03. The business had revenue of $465.97 million during the quarter, compared to analysts’ expectations of $437.75 million. Kraton had a net margin of 4.98% and a return on equity of 15.47%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.29 EPS. equities research analysts forecast that Kraton will post 3.74 EPS for the current fiscal year.
Several research firms recently commented on KRA. Loop Capital set a $76.00 target price on shares of Kraton and gave the company a “buy” rating in a report on Tuesday, March 20th. ValuEngine raised shares of Kraton from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 1st. TheStreet raised shares of Kraton from a “c” rating to a “b-” rating in a report on Thursday, March 1st. UBS reaffirmed a “sell” rating and set a $33.00 target price (up previously from $30.00) on shares of Kraton in a report on Wednesday, February 21st. Finally, Zacks Investment Research lowered shares of Kraton from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $55.00.
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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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