Free Trial

BNP Paribas (OTCMKTS:BNPQY) Sets New 12-Month High - Time to Buy?

BNP Paribas logo with Finance background

Key Points

  • BNP Paribas' stock reached a new 52-week high at $47.68, with a trading volume of 78,706 shares, indicating strong investor interest.
  • The company reported earnings of $1.64 per share for its last quarter, surpassing estimates and achieving a revenue of $14.27 billion, which exceeded analyst expectations.
  • Analyst ratings for BNP Paribas include one strong buy, three buy, and one sell rating, leading to an average rating of "Moderate Buy."
  • Looking to Export and Analyze BNP Paribas Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $47.68 and last traded at $47.68, with a volume of 78706 shares changing hands. The stock had previously closed at $46.36.

Wall Street Analysts Forecast Growth

BNPQY has been the topic of a number of recent research reports. Barclays reissued an "overweight" rating on shares of BNP Paribas in a research report on Tuesday, April 15th. Royal Bank Of Canada reiterated an "outperform" rating on shares of BNP Paribas in a research note on Friday, July 25th. Finally, DZ Bank upgraded shares of BNP Paribas from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Check Out Our Latest Stock Report on BNPQY

BNP Paribas Price Performance

The company has a market capitalization of $107.69 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 0.78 and a beta of 1.13. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.65 and a quick ratio of 0.67. The company has a fifty day moving average price of $44.75 and a 200 day moving average price of $41.51.

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

BNP Paribas Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, May 19th were paid a $1.951 dividend. The ex-dividend date was Friday, May 16th. This represents a dividend yield of 438.0%. BNP Paribas's dividend payout ratio (DPR) is presently 37.71%.

About BNP Paribas

(Get Free Report)

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.

Further Reading

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.

Should You Invest $1,000 in BNP Paribas Right Now?

Before you consider BNP Paribas, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BNP Paribas wasn't on the list.

While BNP Paribas currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines