Bayerische Motoren Werke (OTCMKTS:BAMXF) Stock Price Down 5.4% - What's Next?

Key Points

• Bayerische Motoren Werke AG saw a stock price decline of 5.4% on Monday, closing at $89.75 after trading significantly below its average volume.
• Despite the drop, Barclays upgraded the stock's rating from "strong sell" to "hold", contributing to an average rating of "Moderate Buy" among analysts.
• The company reported $3.23 earnings per share for the last quarter, missing estimates by $0.64, while generating revenue of $39.97 billion, exceeding expectations.

Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report) traded down 5.4% during trading on Monday . The company traded as low as $89.75 and last traded at $89.75. 200 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 1,946 shares. The stock had previously closed at $94.91.

Analyst Ratings Changes

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

Bayerische Motoren Werke Stock Down 2.0%

The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $100.17 and a 200 day simple moving average of $91.77. The stock has a market cap of $53.92 billion, a price-to-earnings ratio of 9.24 and a beta of 0.83.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last issued 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). Bayerische Motoren Werke had a return on equity of 6.07% and a net margin of 4.19%.The firm had revenue of $39.97 billion during the quarter, compared to the consensus estimate of $38.94 billion. As a group, analysts expect that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current fiscal 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.