Brenntag (BNTGY) to Release Earnings on Tuesday

Key Points

• Brenntag (OTCMKTS:BNTGY) is expected to report its quarterly earnings this Tuesday, August 12th, with analysts predicting earnings of $0.25 per share and revenue of $4.14 billion.
• The company recently increased its dividend to $0.2696 per share, reflecting a significant boost from its previous dividend of $0.05.
• Analyst ratings have varied, with a downgrade from "strong-buy" to "strong sell" by DZ Bank, and the stock currently holds an average rating of "Hold".

Brenntag (OTCMKTS:BNTGY - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, August 12th. Analysts expect Brenntag to post earnings of $0.25 per share and revenue of $4.14 billion for the quarter.

Brenntag (OTCMKTS:BNTGY - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.04). Brenntag had a return on equity of 11.47% and a net margin of 3.24%. On average, analysts expect Brenntag to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Brenntag Trading Down 0.4%

Shares of BNTGY stock opened at $12.56 on Thursday. Brenntag has a twelve month low of $11.09 and a twelve month high of $15.07. The stock has a 50 day moving average of $13.22 and a 200 day moving average of $13.14. The stock has a market cap of $9.07 billion, a P/E ratio of 15.90 and a beta of 0.83.

Brenntag Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 11th. Investors of record on Monday, May 26th were paid a $0.2696 dividend. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 200.0%. This is an increase from Brenntag's previous dividend of $0.05. Brenntag's dividend payout ratio (DPR) is presently 35.44%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on BNTGY shares. Berenberg Bank lowered shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 3rd. DZ Bank lowered shares of Brenntag from a "strong-buy" rating to a "strong sell" rating in a research note on Thursday, May 15th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, Brenntag has an average rating of "Hold".

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.