BASF SE (OTCMKTS:BASFY) Given Average Rating of "Hold" by Analysts

BASF SE (OTCMKTS:BASFY - Get Free Report) has earned an average rating of "Hold" from the seven research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company.

A number of research firms have weighed in on BASFY. JPMorgan Chase & Co. downgraded shares of BASF from a "neutral" rating to an "underweight" rating in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of BASF in a research note on Friday, March 7th.

BASF Trading Up 1.5%

OTCMKTS:BASFY traded up $0.18 during trading hours on Monday, reaching $12.24. 86,588 shares of the company were exchanged, compared to its average volume of 131,362. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.83 and a quick ratio of 1.07. The firm has a market cap of $43.70 billion, a price-to-earnings ratio of 53.22, a PEG ratio of 10.20 and a beta of 1.07. BASF has a 52-week low of $10.57 and a 52-week high of $14.76. The stock has a 50 day simple moving average of $12.19 and a 200 day simple moving average of $12.19.

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

BASF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, May 19th. Stockholders of record on Wednesday, May 7th were paid a $0.4322 dividend. This represents a dividend yield of 3.38%. The ex-dividend date of this dividend was Tuesday, May 6th. BASF's dividend payout ratio is presently 191.30%.

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.