Basf Se (OTCMKTS:BASFY) Receives Average Recommendation of "Hold" from Analysts

Shares of Basf Se (OTCMKTS:BASFY - Get Free Report) have received an average rating of "Hold" from the seven analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company.

BASFY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lowered shares of Basf from a "neutral" rating to an "underweight" rating in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Basf in a report on Friday, March 7th.

Basf Trading Down 1.2%

Basf stock opened at $11.86 on Monday. The firm has a 50 day moving average of $12.17 and a 200 day moving average of $12.19. The firm has a market capitalization of $42.34 billion, a price-to-earnings ratio of 51.57, a P/E/G ratio of 5.53 and a beta of 1.07. Basf has a 12-month low of $10.57 and a 12-month high of $14.76. The company has a current ratio of 1.83, a quick ratio of 1.07 and a debt-to-equity ratio of 0.51.

Basf (OTCMKTS:BASFY - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.03. Basf had a net margin of 1.13% and a return on equity of 8.20%. The business had revenue of $18.31 billion during the quarter, compared to analyst estimates of $17.34 billion. As a group, research analysts predict that Basf will post 0.83 earnings per share for the current year.

Basf Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, May 19th. Stockholders of record on Wednesday, May 7th were given a dividend of $0.4322 per share. The ex-dividend date was Tuesday, May 6th. This represents a dividend 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.

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