NYSE:BAK - Braskem Stock Price, News, & Analysis

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$20.50 -0.60 (-2.84 %)
(As of 05/26/2019 09:08 AM ET)
Previous Close$20.50
Today's Range$20.19 - $20.64
52-Week Range$19.57 - $30.52
Volume234,989 shs
Average Volume483,706 shs
Market Capitalization$8.17 billion
P/E Ratio10.41
Dividend Yield8.60%
Beta1.2
Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through Chemicals, Polyolefins, Vinyls, United States and Europe, and Mexico segments. The Chemicals segment produces and sells ethylene, propylene butadiene, toluene, xylene, cumene, and benzene, as well as gasoline, diesel and liquefied petroleum gas, and other petroleum derivatives; and supplies electric energy, steam, compressed air, and other inputs to second-generation producers. The Polyolefins segment produces and sells polyethylene and polypropylene. The Vinyls segment produces and sells polyvinyl chloride, caustic soda, and chloride. The United States and Europe segment produces and sells polypropylene in the United States and Europe. The Mexico segment produces and sells polyethylene. The company also produces basic petrochemicals; imports and exports chemicals, petrochemicals, and fuels; produces, supplies, and sells utilities, such as steam, water, compressed air, and industrial gases; and provides industrial services. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil. Braskem S.A. is a subsidiary of Odebrecht S.A.

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Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone55-11-3576-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.79 billion
Cash Flow$4.1837 per share
Book Value$4.79 per share

Profitability

Net Income$784.32 million

Miscellaneous

Employees7,657
Market Cap$8.17 billion
Next Earnings DateN/A
OptionableOptionable

Braskem (NYSE:BAK) Frequently Asked Questions

What is Braskem's stock symbol?

Braskem trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAK."

How were Braskem's earnings last quarter?

Braskem SA ADR (NYSE:BAK) posted its quarterly earnings data on Thursday, May, 5th. The energy company reported $0.50 EPS for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.06. The energy company earned $3.13 billion during the quarter. Braskem had a net margin of 3.86% and a return on equity of 36.76%. View Braskem's Earnings History.

What is the consensus analysts' recommendation for Braskem?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Braskem in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Braskem.

Has Braskem been receiving favorable news coverage?

News articles about BAK stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Braskem earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news articles about the energy company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the company's share price in the next several days.

Are investors shorting Braskem?

Braskem saw a increase in short interest in April. As of April 15th, there was short interest totalling 2,732,224 shares, an increase of 70.2% from the March 29th total of 1,605,555 shares. Based on an average daily volume of 526,539 shares, the short-interest ratio is currently 5.2 days. View Braskem's Current Options Chain.

Who are some of Braskem's key competitors?

What other stocks do shareholders of Braskem own?

Who are Braskem's key executives?

Braskem's management team includes the folowing people:
  • Mr. Fernando Musa, Chief Exec. Officer (Age 54)
  • Mr. Pedro van Langendonck Teixeira de Freitas, VP Exec. Officer, CFO & Director of Investor Relations (Age 44)
  • Mr. Gustavo Sampaio Valverde, VP Exec. Officer, VP of Legal, Governance & External Affairs and Gen. Counsel (Age 44)
  • Mr. Everson Bassinello, Chief Compliance Officer
  • André Vieira, Director of Corp. Communication

Who are Braskem's major shareholders?

Braskem's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.09%), Contrarian Capital Management L.L.C. (0.84%), Dimensional Fund Advisors LP (0.22%), Freestone Capital Holdings LLC (0.06%), Jane Street Group LLC (0.04%) and Parametric Portfolio Associates LLC (0.03%).

Which institutional investors are selling Braskem stock?

BAK stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., BlackRock Inc., Macquarie Group Ltd., SG Americas Securities LLC, Morgan Stanley, Dimensional Fund Advisors LP, BNP Paribas Arbitrage SA and Nordea Investment Management AB.

Which institutional investors are buying Braskem stock?

BAK stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Renaissance Technologies LLC, Oxford Asset Management LLP, Banco Santander S.A., SEI Investments Co, Summit Securities Group LLC, Freestone Capital Holdings LLC and Bank of Montreal Can.

How do I buy shares of Braskem?

Shares of BAK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Braskem's stock price today?

One share of BAK stock can currently be purchased for approximately $20.50.

How big of a company is Braskem?

Braskem has a market capitalization of $8.17 billion and generates $18.79 billion in revenue each year. The energy company earns $784.32 million in net income (profit) each year or $1.97 on an earnings per share basis. Braskem employs 7,657 workers across the globe.

What is Braskem's official website?

The official website for Braskem is http://www.braskem.com.br/.

How can I contact Braskem?

Braskem's mailing address is Rua Lemos Monteiro 120 24 andar, Butanta D5, 05501-050. The energy company can be reached via phone at 55-11-3576-9000 or via email at [email protected]


MarketBeat Community Rating for Braskem (NYSE BAK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  227 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  481
MarketBeat's community ratings are surveys of what our community members think about Braskem and other stocks. Vote "Outperform" if you believe BAK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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