Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of "Hold" from Brokerages

Basf Se (OTCMKTS:BASFY - Get Free Report) has been given an average rating of "Hold" by the seven research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company.

BASFY has been the topic of a number of research analyst reports. Redburn Atlantic raised shares of Basf from a "neutral" rating to a "buy" rating in a report on Tuesday. UBS Group raised shares of Basf from a "sell" rating to a "buy" rating in a report on Wednesday, December 13th.

Basf Stock Up 0.1 %

Shares of BASFY stock traded up $0.01 during trading hours on Tuesday, reaching $14.57. 80,488 shares of the company's stock were exchanged, compared to its average volume of 154,421. The stock's 50 day moving average is $13.21 and its 200-day moving average is $12.38. The company has a market cap of $52.71 billion, a price-to-earnings ratio of 242.83, a P/E/G ratio of 1.19 and a beta of 1.30. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.47. Basf has a fifty-two week low of $10.66 and a fifty-two week high of $14.89.

Basf (OTCMKTS:BASFY - Get Free Report) last announced its quarterly earnings data on Friday, February 23rd. The basic materials company reported ($0.05) earnings per share for the quarter. The company had revenue of $17.09 billion for the quarter. Basf had a net margin of 0.32% and a return on equity of 6.25%. Analysts predict that Basf will post 0.85 earnings per share for the current fiscal year.

Basf Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 29th will be given a dividend of $0.6594 per share. The ex-dividend date of this dividend is Friday, April 26th. This is an increase from Basf's previous dividend of $0.64. Basf's dividend payout ratio is 1,116.67%.

Basf Company Profile

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.