Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of “Hold” from Analysts

Basf Se (OTCMKTS:BASFY) has earned a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company.

BASFY has been the topic of several research reports. JPMorgan Chase & Co. lowered Basf from a “neutral” rating to an “underweight” rating in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a research note on Friday, March 7th. Finally, Berenberg Bank cut Basf from a “buy” rating to a “hold” rating in a research note on Tuesday, February 18th.

Basf Price Performance

BASFY stock opened at $12.12 on Friday. The stock has a market cap of $43.27 billion, a price-to-earnings ratio of 75.75, a PEG ratio of 2.30 and a beta of 1.11. Basf has a fifty-two week low of $10.57 and a fifty-two week high of $14.76. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. The business has a 50 day moving average price of $12.74 and a 200 day moving average price of $12.08.

Basf (OTCMKTS:BASFY) last issued its earnings results on Friday, May 2nd. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.03. Basf had a net margin of 0.78% and a return on equity of 6.63%. The business had revenue of $18.31 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Equities research analysts anticipate that Basf will post 0.83 earnings per share for the current fiscal year.

Basf Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, May 7th will be paid a dividend of $0.4322 per share. The ex-dividend date is Tuesday, May 6th. This represents a dividend yield of 3.38%. Basf’s dividend payout ratio (DPR) is 186.96%.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.