BNP Paribas (OTCMKTS:BNPQY) Reaches New 52-Week High - What's Next?

Key Points

• BNP Paribas shares reached a new 52-week high of $48.75, closing at $48.62 with a trading volume of 237,606 shares.
• Analysts have a "Moderate Buy" consensus on the stock, with ratings including one sell, three buy, and one strong buy.
• Despite a robust earnings report with an EPS of $1.64, BNP Paribas recently reduced its dividend payout to a yield of 4.38% and a dividend payout ratio of 37.71%.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $48.75 and last traded at $48.62, with a volume of 237606 shares traded. The stock had previously closed at $47.93.

Analyst Ratings Changes

Several equities analysts have commented on the stock. DZ Bank upgraded shares of BNP Paribas from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Royal Bank Of Canada reiterated an "outperform" rating on shares of BNP Paribas in a research note on Friday, July 25th. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

BNP Paribas Stock Up 0.2%

The company has a debt-to-equity ratio of 1.78, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market cap of $110.94 billion, a price-to-earnings ratio of 9.21, a P/E/G ratio of 0.82 and a beta of 1.13. The firm's 50 day simple moving average is $45.26 and its 200-day simple moving average is $42.19.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.09. The firm had revenue of $14.27 billion during the quarter, compared to analysts' expectations of $12.75 billion. BNP Paribas had a net margin of 22.65% and a return on equity of 8.40%. As a group, sell-side analysts anticipate that BNP Paribas SA will post 5.02 earnings per share for the current year.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.