Bayerische Motoren Werke (OTCMKTS:BAMXF) Trading Up 6.1% - Time to Buy?

Key Points

• Shares jumped 6.1% to $89.64 on Friday (from $84.46), but trading was thin — only 234 shares changed hands, about 55% below average volume.
• Analysts are mixed with a MarketBeat consensus of Hold (1 Strong Buy, 3 Hold, 1 Sell) after recent downgrades from Barclays, UBS and Berenberg and an upgrade from DZ Bank.
• BMW beat on EPS (reported $3.40 vs $2.21 estimate) but missed revenue ($39.27B vs $43.71B); the stock trades at a low P/E of 6.69 and a market cap of about $51.97 billion.

Bayerische Motoren Werke AG (OTCMKTS:BAMXF - Get Free Report)'s stock price was up 6.1% during trading on Friday . The stock traded as high as $89.64 and last traded at $89.64. Approximately 234 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 524 shares. The stock had previously closed at $84.46.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BAMXF. Barclays downgraded Bayerische Motoren Werke from a "hold" rating to a "strong sell" rating in a research report on Friday, January 9th. UBS Group downgraded Bayerische Motoren Werke from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 13th. Berenberg Bank lowered Bayerische Motoren Werke from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 17th. Dbs Bank raised Bayerische Motoren Werke from a "moderate sell" rating to a "hold" rating in a research note on Monday, March 16th. Finally, DZ Bank upgraded shares of Bayerische Motoren Werke to a "strong-buy" rating in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Bayerische Motoren Werke Price Performance

The stock has a market capitalization of $51.97 billion, a price-to-earnings ratio of 6.69 and a beta of 0.61. The company has a quick ratio of 0.86, a current ratio of 1.14 and a debt-to-equity ratio of 0.70. The business has a 50-day simple moving average of $98.89 and a two-hundred day simple moving average of $99.84.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $1.19. The company had revenue of $39.27 billion for the quarter, compared to analysts' expectations of $43.71 billion. Bayerische Motoren Werke had a return on equity of 7.70% and a net margin of 5.45%. As a group, research analysts predict that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current fiscal year.

About Bayerische Motoren Werke

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls‑Royce marques. BMW's product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high‑performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug‑in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.

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