Last $27.35 USD
Change Today -0.20 / -0.73%
Volume 189.9K
KRA On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

kraton performance polymers (KRA) Snapshot

Open
$27.50
Previous Close
$27.55
Day High
$27.67
Day Low
$27.33
52 Week High
02/27/14 - $28.87
52 Week Low
09/3/13 - $18.33
Market Cap
896.4M
Average Volume 10 Days
232.1K
EPS TTM
$0.33
Shares Outstanding
32.8M
EX-Date
--
P/E TM
82.9x
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. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings Guidance for the First Quarter of 2014 and Provides CapEx Guidance for the Year 2014

Kraton Performance Polymers Inc. announced un-audited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported sales revenue of $290.4 million on sales volume of 74.3 kilotons, down $6.0 million compared to sales revenue of $296.4 million in the fourth quarter 2012 on sales volume of 67.2 kilotons. Adjusted EBITDA at estimated current replacement cost (non-GAAP) was $35.0 million in the fourth quarter 2013, up $12.6 million compared to $22.4 million in the fourth quarter 2012. Net income attributable to the company was $4.9 million, or $0.15 per diluted share, compared to a net loss attributable to the company of $29.5 million, or $0.91 per diluted share, in the fourth quarter 2012. Fourth quarter 2013 adjusted net income attributable to the company (non-GAAP) was $2.5 million, or $0.08 per diluted share, compared to adjusted net loss attributable to the company of $12.7 million, or $0.39 per diluted share, in the fourth quarter 2012. The company reported loss before income taxes of $3.5 million compared to $14.5 million and adjusted EBITDA of $27.7 million compared to $12.1 million for the last year. During the fourth quarter of 2013, net cash provided by operating activities was $47.4 million, compared to $44.1 million in the fourth quarter 2012. For the year, the company reported sales revenue amounted to $1,292.1 million on sales volumes of 313.5 kilotons compared to $1,423.1 million on sales volumes of 313.4 kilotons for the year ended December 31, 2012. The $131.0 million or 9.2% revenue decline (a decline of $121.7 million or 8.6% excluding a $9.3 million negative effect from currency fluctuations) was largely due to a reduction in global product sales prices associated with lower average raw material costs of $110.4 million and a $10.3 million negative effect associated with sales revenue mix. Adjusted EBITDA at ECRC was $140.9 million or 10.9% of revenue in 2013, compared to $143.8 million, or 10.1% of revenue in 2012. Net loss attributable to the company was $0.6 million or $0.02 per diluted share, an increase in net income of $15.6 million compared to a net loss of $16.2 million or $0.50 per diluted share for the year ended December 31, 2012. Adjusted net income attributable to the company was $8.5 million or $0.26 per diluted share in 2013 compared to $6.9 million or $0.21 per diluted share in 2012. Included in these results are the dilutive effect of the spread between FIFO and ECRC which amounted to $0.96 per diluted share in 2013 and $0.95 per diluted share in 2012. For the full year 2013, cash from operating activities was $105.5 million, compared to $146.3 million in 2012. The company reported loss before income taxes of $4.9 million compared to income before income taxes of $3.1 million, adjusted EBITDA of $110.2 million compared to $113.3 million, purchase of property, plant and equipment of $81.1 million compared to $65.0 million and purchase of software and other intangibles of $5.1 million compared to $4.6 million, for the last year. The company currently estimated that results in the first quarter of 2014 will reflect a positive spread between FIFO and ECRC of approximately $3.0 million. The company currently expects full year 2014 CapEx will be $75 million to $80 million which excludes the spending at the Asia JV. And full year interest expense is expected to be $23 million.

Richard C. Brown Intends to Leave Kraton Performance Polymers Inc.'s Board

Kraton Performance Polymers Inc. announced that on February 11, 2014, Richard C. Brown notified of his intent not to stand for reelection to company's board of directors at the company's 2014 Annual General Meeting of stockholders.

Kraton Performance Polymers Inc., Q4 2013 Earnings Call, Feb 27, 2014

Kraton Performance Polymers Inc., Q4 2013 Earnings Call, Feb 27, 2014

 

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Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.7x
Price/Cash Flow 14.3x
TEV/Sales 0.3x
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