Last $20.29 USD
Change Today -0.04 / -0.20%
Volume 155.8K
KRA On Other Exchanges
Symbol
Exchange
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As of 1:13 PM 09/2/14 All times are local (Market data is delayed by at least 15 minutes).

kraton performance polymers (KRA) Snapshot

Open
$20.45
Previous Close
$20.33
Day High
$20.50
Day Low
$20.09
52 Week High
02/27/14 - $28.87
52 Week Low
09/3/13 - $18.33
Market Cap
665.5M
Average Volume 10 Days
182.4K
EPS TTM
$0.64
Shares Outstanding
32.8M
EX-Date
--
P/E TM
31.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for KRATON PERFORMANCE POLYMERS (KRA)

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kraton performance polymers (KRA) Details

Kraton Performance Polymers, Inc. manufactures and markets styrenic block copolymers (SBCs) and other engineered polymers worldwide. The company offers highly-engineered synthetic elastomers that enhance the performance of various end use products. It also provides isoprene rubber products for use in the production of medical products, adhesives, tackifiers, paints, coatings, and photo-resistors; and isoprene rubber latex, a substitute for natural rubber latex that is used in medical, healthcare, personal care, and food contact operations. In addition, the company is involved in the development and commercialization of polyvinyl chloride alternatives for wire, cable, and medical applications; polymers and compounds for soft skin and coated fabric applications for transportation and consumer markets; membrane polymers for water filtration, heating, ventilation, air conditioning, and breathable fabrics; and synthetic cement formulations and other oilfield applications. Further, it offers core commercial grades of SBCs; un-hydrogenated SBCs, which are primarily used in paving and roofing, adhesives, and sealants and coatings, as well as footwear applications; hydrogenated SBCs, which are used in soft touch and flexible materials, personal hygiene products, medical products, automotive components, and adhesives and sealant applications; and compounds, other polymers, resins, oils, or fillers that are used in various consumer and industrial applications. Kraton Performance Polymers, Inc. markets its products through various channels, including direct sales force, marketing representatives, and distributors under the Kraton, Elexar, Giving Innovators Their Edge, NEXAR, and Cariflex brands. The company was formerly known as Polymer Holdings LLC and changed its name to Kraton Performance Polymers, Inc. in December 2009. Kraton Performance Polymers, Inc. is based in Houston, Texas.

936 Employees
Last Reported Date: 02/27/14

kraton performance polymers (KRA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $783.8K
Chief Financial Officer and Vice President
Total Annual Compensation: $413.8K
Vice President of Operations
Total Annual Compensation: $315.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $300.0K
Vice President of Technology
Total Annual Compensation: $334.8K
Compensation as of Fiscal Year 2013.

kraton performance polymers (KRA) Key Developments

Kraton Performance Polymers Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014, Second Half of 2014 and Full Year 2014

Kraton Performance Polymers Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's sales revenue was $323.8 million compared to $334.5 million for the three months ended June 30, 2013. Sales revenue declined $10.8 million or 3.2% compared to the second quarter 2013, with $21.8 million of the decrease attributable to a reduction in global product sales prices associated with lower average raw material costs, partially offset by $6.6 million resulting from higher sales volumes and $4.6 million positive effect from currency fluctuations. Net income attributable to the company was $11.1 million, or $0.33 per diluted share, compared to net income of $3.8 million, or $0.12 per diluted share a year ago. Adjusted net income attributable to the company was $15.2 million, or $0.46 per diluted share compared to adjusted net income of $5.0 million, or $0.15 per diluted share, in the second quarter of 2013. Cash provided by operating activities was $2.0 million against $16.3 million a year ago. The decline in operating cash flow in the second quarter of 2014 compared to the second quarter of 2013 was primarily the result of the timing of payments of current liabilities and an increase in inventories, partially offset by the timing of certain receivables and revenue per ton, which resulted in a smaller increase in accounts receivable in the second quarter 2014 as compared to the second quarter 2013. Income before income taxes was $13.029 million against $4.882 million a year ago. For the six months, the company reported sales revenue of $635.423 million against $674.650 million a year ago. Income before income taxes was $4.957 million against $2.504 million a year ago. Net income attributable to the company was $3.234 million, or $0.10 per diluted share, compared to net income of $0.081 million, or $0.00 per diluted share a year ago. Net cash used in operating activities was $51.558 million against $4.449 million a year ago. Purchase of property, plant and equipment was $52.975 million against $34.742 million a year ago. Purchase of software and other intangibles was $1.789 million against $1.945 million a year ago. Adjusted net income attributable to the company was $30.192 million, or $0.91 per diluted share compared to adjusted net income of $7.061 million, or $0.22 per diluted share, in the second quarter of 2013. The company continues to estimate that full-year 2014 adjusted EBITDA at ECRC will amount to $150.0 million. Based upon the company's view of raw material cost trends for the balance of the year, the company expects a negative spread between FIFO and ECRC of approximately $1 million in the third quarter 2014, and it is revising its estimate for 2014 adjusted EPS to a range of $1.40 to $1.50 per share. Excluding the consolidated JV in Taiwan, associated with the company's new HSBC facility currently under construction, the remaining $32.3 million is in line with the company's $75 million to $80 million guidance for full year 2014 CapEx. On the raw material front, based upon current raw material price trends, the company revised downward its full year expectation by nearly $3 million or approximately $0.09 per share. The expectation for CapEx on the project this year is in the $70 million to $75 million range, which has been revised downward from earlier expectations. That is strictly because of the timing of the spending. Depreciation expense is expected to be $66 million, a modest increase from prior guidance, which reflects the timing of when assets are placed in service. Interest expense continues to be expected at a $25 million rate for the year 2014. The company currently expects the second half of the year will be cash flow positive and will likely offset the deficit through the first half. On the raw material front, based upon current raw material price trends, the company anticipates a negative spread between FIFO and ECRC of approximately $1 million in third quarter of 2014.

Kraton Performance Polymers Inc. Presents at Jefferies 2014 Global Industrials Conference, Aug-13-2014 03:30 PM

Kraton Performance Polymers Inc. Presents at Jefferies 2014 Global Industrials Conference, Aug-13-2014 03:30 PM. Venue: Grand Hyatt, 109 E. 42nd St., New York, New York, United States.

Kraton Performance Polymers Inc. to Report Q2, 2014 Results on Jul 30, 2014

Kraton Performance Polymers Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 30, 2014

 

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KRA

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Valuation KRA Industry Range
Price/Earnings 100.0x
Price/Sales 0.5x
Price/Book 1.3x
Price/Cash Flow 9.8x
TEV/Sales 0.2x
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