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.

Shares of Basf Se (OTCMKTS:BASFY - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company.

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

Basf Trading Up 1.6%

Shares of Basf stock traded up $0.20 on Friday, hitting $12.96. 50,747 shares of the company traded hands, compared to its average volume of 87,593. The company has a current ratio of 1.83, a quick ratio of 1.07 and a debt-to-equity ratio of 0.51. The company has a market cap of $46.27 billion, a PE ratio of 99.70, a PEG ratio of 15.19 and a beta of 1.07. The stock's 50 day moving average price is $12.96 and its 200-day moving average price is $12.66. Basf has a 52 week low of $10.57 and a 52 week high of $14.76.

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

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.