Basf's (BASFY) "Underperform" Rating Reaffirmed at BNP Paribas

BNP Paribas reissued their underperform rating on shares of Basf (OTCMKTS:BASFY - Free Report) in a report issued on Monday, MarketBeat.com reports.

Separately, Redburn Atlantic raised shares of Basf from a neutral rating to a buy rating in a research note on Tuesday, April 9th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Basf currently has a consensus rating of Hold.

Basf Price Performance

Shares of OTCMKTS:BASFY traded down $0.02 on Monday, reaching $13.62. 170,653 shares of the company traded hands, compared to its average volume of 158,124. Basf has a fifty-two week low of $10.66 and a fifty-two week high of $14.89. The company's 50 day moving average is $13.33 and its 200-day moving average is $12.44. The stock has a market capitalization of $49.27 billion, a PE ratio of 227.33, a P/E/G ratio of 1.11 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.98 and a quick ratio of 1.11.

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

Basf Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 29th will be given a $0.6594 dividend. This is an increase from Basf's previous dividend of $0.64. The ex-dividend date is Friday, April 26th. Basf's dividend payout ratio (DPR) is currently 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.