Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of "Hold" from Analysts

Basf Se (OTCMKTS:BASFY - Get Free Report) has been given an average rating of "Hold" by the seven research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company.

Separately, JPMorgan Chase & Co. downgraded Basf from a "neutral" rating to an "underweight" rating in a research report on Thursday, March 27th.

Basf Stock Performance

BASFY traded down $0.05 during trading on Friday, reaching $12.28. 64,825 shares of the company's stock were exchanged, compared to its average volume of 104,503. The business has a 50 day moving average price of $12.21 and a 200 day moving average price of $12.32. The company has a quick ratio of 1.07, a current ratio of 1.83 and a debt-to-equity ratio of 0.51. Basf has a fifty-two week low of $10.57 and a fifty-two week high of $14.76. The company has a market capitalization of $43.84 billion, a P/E ratio of 53.39, a PEG ratio of 10.42 and a beta of 1.06.

Basf (OTCMKTS:BASFY - Get Free Report) last released its quarterly earnings data 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. Basf had a return on equity of 8.20% and a net margin of 1.13%. The business had revenue of $18.31 billion for the quarter, compared to analyst estimates of $17.34 billion. As a group, analysts predict that Basf will post 0.83 earnings per share for the current fiscal year.

Basf Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, May 19th. Investors of record on Wednesday, May 7th were given a dividend of $0.4322 per share. This represents a dividend yield of 3.38%. The ex-dividend date 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.