Basf Se (OTCMKTS:BASFY) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of Basf Se (OTCMKTS:BASFY) have received a consensus rating of “Reduce” from the seven research firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company.

Several equities analysts have recently commented on the company. BNP Paribas reiterated an “underperform” rating on shares of Basf in a research note on Monday, April 15th. Redburn Atlantic raised Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th.

Basf Stock Up 1.5 %

OTCMKTS BASFY opened at $13.25 on Friday. The stock has a market cap of $47.93 billion, a PE ratio of 1,325.00, a P/E/G ratio of 1.05 and a beta of 1.28. Basf has a fifty-two week low of $10.66 and a fifty-two week high of $14.89. The business has a 50 day moving average price of $13.65 and a two-hundred day moving average price of $12.65. The company has a quick ratio of 1.11, a current ratio of 1.98 and a debt-to-equity ratio of 0.47.

Basf (OTCMKTS:BASFY) last released its earnings results on Friday, February 23rd. The basic materials company reported ($0.05) EPS for the quarter. The business had revenue of $17.09 billion for the quarter. Basf had a net margin of 0.07% and a return on equity of 5.84%. As a group, sell-side analysts predict that Basf will post 0.87 EPS for the current fiscal year.

Basf Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 10th. Shareholders of record on Monday, April 29th will be given a $0.6594 dividend. The ex-dividend date of this dividend is Friday, April 26th. This is a positive change from Basf’s previous dividend of $0.64. Basf’s dividend payout ratio (DPR) is currently 6,500.00%.

About Basf

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.