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

Key Points

• BASF SE has received a consensus recommendation of "Hold" from nine brokerages, with ratings including two sells, three holds, and four buys.
• The company's stock price recently opened at $12.86, with a market capitalization of $45.91 billion and a P/E ratio of 98.93.
• In its last quarterly earnings report, BASF missed the EPS consensus estimate of $0.20, posting only $0.14, although it exceeded revenue expectations with $18.10 billion.

Basf Se (OTCMKTS:BASFY - Get Free Report) has received an average rating of "Hold" from the nine research firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and five have assigned a buy recommendation to the company.

A number of brokerages have recently commented on BASFY. Morgan Stanley upgraded shares of Basf from an "equal weight" rating to an "overweight" rating in a report on Thursday, July 24th. Zacks Research downgraded shares of Basf from a "hold" rating to a "strong sell" rating in a research note on Monday, August 18th. Finally, Citigroup raised shares of Basf from a "neutral" rating to a "buy" rating in a research report on Wednesday.

Basf Stock Performance

OTCMKTS BASFY traded up $0.02 on Friday, hitting $12.80. 51,311 shares of the stock were exchanged, compared to its average volume of 183,531. The company has a market capitalization of $45.70 billion, a PE ratio of 98.47, a P/E/G ratio of 15.48 and a beta of 1.07. The business's fifty day moving average is $12.95 and its 200 day moving average is $12.66. Basf has a 52 week low of $10.57 and a 52 week high of $14.76. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.83 and a quick ratio of 1.07.

Basf (OTCMKTS:BASFY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). The company had revenue of $18.10 billion during the quarter, compared to the consensus estimate of $15.62 billion. Basf had a net margin of 0.59% and a return on equity of 7.17%. Research analysts anticipate that Basf will post 0.83 EPS for the current fiscal year.

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.