BNP Paribas (OTCMKTS:BNPQY) Trading Up 1.7% - Time to Buy?

Key Points

• BNP Paribas stock is currently trading up 1.7% at $46.29, with a recent high at $46.37 and a decrease in trading volume by 23% from the average.
• Analysts have given mixed ratings for BNP Paribas, with one sell rating, three buy ratings, and one strong buy rating, leading to a consensus rating of "Moderate Buy".
• The company posted quarterly earnings of $1.64 per share, exceeding estimates and reporting revenue of $14.27 billion, significantly higher than the expected $12.75 billion.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) traded up 1.7% on Wednesday . The stock traded as high as $46.37 and last traded at $46.29. 138,766 shares were traded during trading, a decline of 23% from the average session volume of 180,017 shares. The stock had previously closed at $45.50.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of BNP Paribas in a research report on Friday, July 25th. DZ Bank upgraded BNP Paribas from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Finally, Barclays restated an "overweight" rating on shares of BNP Paribas in a research note on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, BNP Paribas presently has a consensus rating of "Moderate Buy".

BNP Paribas Stock Performance

The stock has a 50-day moving average price of $44.64 and a 200 day moving average price of $41.38. 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 market cap of $104.62 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 0.76 and a beta of 1.13.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $12.75 billion. As a group, analysts anticipate that BNP Paribas SA will post 5.02 EPS for the current fiscal year.

BNP Paribas Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, May 19th were paid a $1.951 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a dividend yield of 438.0%. BNP Paribas's dividend payout ratio is 37.71%.

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.

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