Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up - Should You Buy?

Key Points

• Bayerische Motoren Werke AG saw a significant price increase, gapping up from a previous close of $96.92 to an opening price of $102.41 on Thursday.
• The company reported $3.23 earnings per share for the last quarter, missing analyst expectations of $3.87, while revenue reached $39.97 billion compared to estimates of $38.94 billion.
• Barclays upgraded Bayerische Motoren Werke's stock rating from "strong sell" to "hold", contributing to an overall average rating of "Moderate Buy" from analysts.

Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $96.92, but opened at $102.41. Bayerische Motoren Werke shares last traded at $102.41, with a volume of 676 shares trading hands.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Bayerische Motoren Werke from a "strong sell" rating to a "hold" rating in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

Bayerische Motoren Werke Trading Up 5.7%

The firm has a market cap of $59.38 billion, a PE ratio of 10.17 and a beta of 0.83. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.72. The company's 50-day moving average is $100.17 and its 200 day moving average is $91.10.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $3.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.87 by ($0.64). The firm had revenue of $39.97 billion during the quarter, compared to analyst estimates of $38.94 billion. Bayerische Motoren Werke had a net margin of 4.19% and a return on equity of 6.07%. As a group, sell-side analysts predict that Bayerische Motoren Werke AG will post 13.38 EPS for the current year.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.

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