Somewhat Positive Press Coverage Somewhat Unlikely to Impact Kraton (KRA) Stock Price

Press coverage about Kraton (NYSE:KRA) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kraton earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the specialty chemicals company an impact score of 45.286223689849 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

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NYSE KRA opened at $47.71 on Friday. Kraton has a twelve month low of $28.66 and a twelve month high of $53.39. The company has a current ratio of 2.08, a quick ratio of 0.96 and a debt-to-equity ratio of 2.36. The stock has a market cap of $1,512.12, a price-to-earnings ratio of 16.74 and a beta of 1.26.

Kraton (NYSE:KRA) last released its quarterly earnings results on Tuesday, February 20th. The specialty chemicals company reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.03. Kraton had a return on equity of 15.47% and a net margin of 4.98%. The business had revenue of $465.97 million for the quarter, compared to the consensus estimate of $437.75 million. During the same quarter last year, the business posted $0.29 earnings per share. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. analysts predict that Kraton will post 3.74 EPS for the current fiscal year.

Several research firms recently issued reports on KRA. UBS reissued a “sell” rating and set a $33.00 price objective (up previously from $30.00) on shares of Kraton in a research note on Wednesday, February 21st. ValuEngine raised Kraton from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research lowered Kraton from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 26th. Loop Capital set a $76.00 price target on Kraton and gave the company a “buy” rating in a research report on Tuesday, March 20th. Finally, TheStreet upgraded Kraton from a “c” rating to a “b-” rating in a research report on Thursday, March 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $55.00.

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About Kraton

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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