Basf Se (OTCMKTS:BASFY) Given Average Rating of "Hold" by Analysts

Basf Se (OTCMKTS:BASFY - Get Free Report) has received a consensus recommendation of "Hold" from the seven analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company.

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered shares of Basf from a "neutral" rating to an "underweight" rating in a report on Thursday, March 27th. Berenberg Bank lowered shares of Basf from a "buy" rating to a "hold" rating in a report on Tuesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Basf in a report on Friday, March 7th.

Basf Stock Up 0.2%

Shares of OTCMKTS:BASFY traded up $0.03 during midday trading on Thursday, hitting $12.07. 160,651 shares of the company's stock traded hands, compared to its average volume of 227,253. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.87. The company has a market cap of $43.09 billion, a PE ratio of 75.44, a P/E/G ratio of 2.30 and a beta of 1.11. The firm's fifty day moving average price is $12.12 and its two-hundred day moving average price is $12.11. Basf has a twelve month low of $10.57 and a twelve month high of $14.76.

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

Basf Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 19th. Shareholders of record on Wednesday, May 7th were issued a $0.4322 dividend. The ex-dividend date was Tuesday, May 6th. This represents a yield of 3.38%. Basf's dividend payout ratio is currently 191.30%.

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.