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DOW   32,920.46
QQQ   293.34
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DOW   32,920.46
QQQ   293.34
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NYSE:BAK

Braskem - BAK Stock Forecast, Price & News

$9.08
+0.11 (+1.23%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.87
$9.11
50-Day Range
$8.28
$11.11
52-Week Range
$8.23
$21.22
Volume
515,558 shs
Average Volume
561,298 shs
Market Capitalization
$4.10 billion
P/E Ratio
10.56
Dividend Yield
7.02%
Price Target
$22.00

Braskem MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
100.0% Downside
$0.00 Price Target
Short Interest
Healthy
0.19% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of Braskem in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-7.69%
From $1.17 to $1.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Oils/Energy Sector

217th out of 245 stocks

Industrial Organic Chemicals Industry

19th out of 20 stocks


BAK stock logo

About Braskem (NYSE:BAK) Stock

Braskem SA engages in the manufacture of petrochemicals and other related products. It operates through the following segments: Brazil, USA, and Europe and Mexico. The Brazil segment includes production and sale of chemicals, supply of electricity, and production and sale of PE. The USA and Europe segment involves production, operation, and sale of polypropylene in the United States and Germany. The Mexico segment comprises production, operation, and sale of ethylene, high-density polyethylene and low-density polyethylene in Mexico. The company was founded in August 2002 and is headquartered in Butanta, Brazil.

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BAK Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Braskem (NYSE:BAK) Sees Large Volume Increase
Braskem drives its digital transformation
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Braskem Joins Greentown Labs as a Gigawatt Partner
Braskem S.A. (BAK)
See More Headlines
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BAK Company Calendar

Last Earnings
11/10/2022
Today
1/27/2023
Next Earnings (Estimated)
3/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Employees
8,312
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$0.00
High Stock Price Forecast
$0.00
Low Stock Price Forecast
$10,000,000.00
Forecasted Upside/Downside
+142.3%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
6 Analysts

Profitability

Net Income
$2.59 billion
Pretax Margin
6.95%

Debt

Sales & Book Value

Annual Sales
$19.58 billion

Miscellaneous

Free Float
451,624,000
Market Cap
$4.10 billion
Optionable
Optionable
Beta
1.73

Key Executives

  • Roberto Bischoff
    Chief Executive Officer
  • Pedro van Langendonck de Freitas
    CFO, Head-Procurement & Institutional Relation
  • Daniel Sales Corrêa
    Head-Investments & Digital Technologies
  • Artur Faria
    Director-M&A, Business Development
  • Alexandre Elias
    International Markets Director













BAK Stock - Frequently Asked Questions

Should I buy or sell Braskem stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Braskem in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BAK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BAK, but not buy additional shares or sell existing shares.
View BAK analyst ratings
or view top-rated stocks.

What is Braskem's stock price forecast for 2023?

6 brokers have issued 12-month target prices for Braskem's shares. Their BAK share price forecasts range from $10,000,000.00 to $0.00. On average, they expect the company's share price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%.
View analysts price targets for BAK
or view top-rated stocks among Wall Street analysts.

How have BAK shares performed in 2023?

Braskem's stock was trading at $9.20 at the start of the year. Since then, BAK shares have decreased by 1.3% and is now trading at $9.08.
View the best growth stocks for 2023 here
.

Are investors shorting Braskem?

Braskem saw a decrease in short interest in January. As of January 15th, there was short interest totaling 852,300 shares, a decrease of 47.7% from the December 31st total of 1,630,000 shares. Based on an average trading volume of 389,500 shares, the short-interest ratio is presently 2.2 days.
View Braskem's Short Interest
.

When is Braskem's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our BAK earnings forecast
.

How were Braskem's earnings last quarter?

Braskem S.A. (NYSE:BAK) posted its quarterly earnings results on Thursday, November, 10th. The company reported ($0.53) earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.76. The firm earned $4.85 billion during the quarter, compared to the consensus estimate of $4.51 billion. Braskem had a trailing twelve-month return on equity of 0.07% and a net margin of 1.69%.

Is Braskem a good dividend stock?

Braskem (NYSE:BAK) pays an annual dividend of $0.63 per share and currently has a dividend yield of 7.02%. BAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BAK will have a dividend payout ratio of 58.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BAK.

What is Roberto Lopes Pontes Simões' approval rating as Braskem's CEO?

31 employees have rated Braskem Chief Executive Officer Roberto Lopes Pontes Simões on Glassdoor.com. Roberto Lopes Pontes Simões has an approval rating of 100% among the company's employees. This puts Roberto Lopes Pontes Simões in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Braskem own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Braskem investors own include Amarin (AMRN), Enterprise Products Partners (EPD), Micron Technology (MU), Pfizer (PFE), AT&T (T), AbbVie (ABBV), Aduro Biotech (ADRO), Armata Pharmaceuticals (ARMP), CRISPR Therapeutics (CRSP) and Chevron (CVX).

What is Braskem's stock symbol?

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

Who are Braskem's major shareholders?

Braskem's stock is owned by many different institutional and retail investors. Top institutional investors include Veriti Management LLC (0.00%).

How do I buy shares of Braskem?

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

What is Braskem's stock price today?

One share of BAK stock can currently be purchased for approximately $9.08.

How much money does Braskem make?

Braskem (NYSE:BAK) has a market capitalization of $4.10 billion and generates $19.58 billion in revenue each year. The company earns $2.59 billion in net income (profit) each year or $0.86 on an earnings per share basis.

How many employees does Braskem have?

The company employs 8,312 workers across the globe.

How can I contact Braskem?

Braskem's mailing address is Rua Lemos Monteiro 120 24 andar, Butanta D5, 05501-050. The official website for the company is www.braskem.com.br. The company can be reached via phone at 551135769735, via email at braskem-ri@braskem.com, or via fax at 55-11-3576-9532.

This page (NYSE:BAK) was last updated on 1/27/2023 by MarketBeat.com Staff