Brenntag (BNTGY) Projected to Post 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) is projected to issue its quarterly earnings data before the market opens on Tuesday, August 12th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $4.14 billion for the quarter.

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

Brenntag Price Performance

Shares of Brenntag stock traded up $0.12 on Friday, hitting $13.02. The company had a trading volume of 14,885 shares, compared to its average volume of 25,057. The firm has a market capitalization of $9.40 billion, a P/E ratio of 16.48 and a beta of 0.83. 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 $13.20 and a 200-day moving average of $13.16.

Brenntag Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 11th. Stockholders of record on Monday, May 26th were given a $0.2696 dividend. This is a boost from Brenntag's previous dividend of $0.05. This represents a dividend yield of 200.0%. The ex-dividend date of this dividend was Friday, May 23rd. Brenntag's payout ratio is presently 35.44%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BNTGY. DZ Bank downgraded shares of Brenntag from a "strong-buy" rating to a "strong sell" rating in a research note on Thursday, May 15th. Berenberg Bank downgraded shares of Brenntag from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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.