Braskem S.A. produces thermoplastic resins. The Company's segments are Basic petrochemicals, Polyolefins, Vinyls, the United States and Europe, and Chemical distribution. It is also engaged in the import and export of chemicals, petrochemicals and fuels, the production, supply and sale of utilities such as steam, water, compressed air, industrial gases, the provision of industrial services, and the production, supply and sale of electric energy. It also invests in other companies, either as a partner or as shareholder. It operates over 40 industrial units, over 30 of which are located in the Brazilian states of Alagoas, Bahia, Rio de Janeiro, Rio Grande do Sul and Sao Paulo; over five are located in the United States, in the states of Pennsylvania, Texas and West Virginia, and over two are located in Germany, in the cities of Wesseling and Schkopau. These units produce thermoplastic resins–polyethylene, polypropylene and polyvinyl chloride, as well as basic petrochemicals.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Commodity Chemicals
- Sub-Industry: N/A
- Symbol: NYSE:BAK
- CUSIP: N/A
- Web: www.braskem.com.br
Capitalization:- Market Cap: $10.50387 billion
- Outstanding Shares: 398,011,000
Average Prices:- 50 Day Moving Avg: $24.81
- 200 Day Moving Avg: $21.95
- 52 Week Range: $13.85 - $27.16
P/E:- Trailing P/E Ratio: 26.86
- Foreward P/E Ratio: 11.05
- P/E Growth: -0.65
Sales & Book Value:- Annual Revenue: $15.3 billion
- Price / Sales: 0.70
- Book Value: $5.11 per share
- Price / Book: 5.23
Dividend:- Annual Dividend: $0.77
- Dividend Yield: 2.9%
Profitability:- EBIDTA: $3.74 billion
- Net Margins: 3.30%
- Return on Equity: 34.06%
- Return on Assets: 2.67%
Debt:- Debt-to-Equity Ratio: 0.29%
- Current Ratio: 0.82%
- Quick Ratio: 0.56%
Misc:- Average Volume: 385,694 shs.
- Beta: 1.14
- Short Ratio: 4.07
Frequently Asked Questions for Braskem S.A. (NYSE:BAK)
What is Braskem S.A.'s stock symbol?
Braskem S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAK."
How often does Braskem S.A. pay dividends? What is the dividend yield for Braskem S.A.?
Braskem S.A. announced a dividend on Wednesday, September 28th. Stockholders of record on Tuesday, October 11th will be given a dividend of $0.764 per share on Tuesday, October 18th. The ex-dividend date is Thursday, October 6th. This is an increase from Braskem S.A.'s previous dividend of $0.65. View Braskem S.A.'s Dividend History.
How were Braskem S.A.'s earnings last quarter?
Braskem S.A. (NYSE:BAK) posted its quarterly earnings data on Thursday, May, 5th. The company reported $0.50 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.06. The business had revenue of $3.13 billion for the quarter. Braskem S.A. had a net margin of 3.30% and a return on equity of 34.06%. View Braskem S.A.'s Earnings History.
When will Braskem S.A. make its next earnings announcement?
Where is Braskem S.A.'s stock going? Where will Braskem S.A.'s stock price be in 2017?
3 analysts have issued 1-year price targets for Braskem S.A.'s shares. Their forecasts range from $18.00 to $22.00. On average, they anticipate Braskem S.A.'s stock price to reach $20.00 in the next twelve months. View Analyst Ratings for Braskem S.A..
Who are some of Braskem S.A.'s key competitors?
Some companies that are related to Braskem S.A. include Albemarle Corporation (ALB), Celanese Corporation (CE), Eastman Chemical Company (EMN), Westlake Chemical Corporation (WLK), Chemours Company (The) (CC), Olin Corporation (OLN), NewMarket Corporation (NEU), Methanex Corporation (MEOH), Ingevity Corp (NGVT), Quaker Chemical Corporation (KWR), Innophos Holdings (IPHS), A. Schulman (SHLM), Koppers Holdings (KOP), CSW Industrials (CSWI), Calgon Carbon Corporation (CCC), Westlake Chemical Partners LP (WLKP), Trecora Resources (TREC) and Enzymotec (ENZY).
Who are Braskem S.A.'s key executives?
Braskem S.A.'s management team includes the folowing people:
- Newton Sergio de Souza, Chairman of the Board
- Fernando Musa, Chief Executive Officer
- Ernani Filgueiras de Carvalho, Vice Chairman of the Board
- Pedro van Langendonck Teixeira de Freitas, Chief Financial Officer, Director of Investor Relations
- Mark Nikolich, Chief Executive Officer of Braskem America, Inc
- Gustavo Sampaio Valverde, Member of the Executive Management, General Counsel, Head of Corporate Governance and External Affairs
- Marcelo Arantes, Member of the Executive Management, Head of People, Communication, Marketing and Sustainable Development
- Roberto Bischoff, Member of the Executive Management, Head of Competitiveness
- Marcelo de Oliveira Cerqueira, Member of the Executive Management, Head of Basic Petrochemicals and Vinyl Unit
- Edison Terra Filho, Member of the Executive Management, Head of the Polyolefins, Renewables and Europe Unit
Who owns Braskem S.A. stock?
Braskem S.A.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.00%), Arrowstreet Capital Limited Partnership (0.00%), Vanguard Group Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Gruss Capital Management LP (0.00%) and Macquarie Group Ltd. (0.00%). View Institutional Ownership Trends for Braskem S.A..
Who sold Braskem S.A. stock? Who is selling Braskem S.A. stock?
Braskem S.A.'s stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Rubric Capital Management LP, Macquarie Group Ltd., Russell Investments Group Ltd., Hussman Strategic Advisors Inc., Acadian Asset Management LLC, Dimensional Fund Advisors LP and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Braskem S.A..
Who bought Braskem S.A. stock? Who is buying Braskem S.A. stock?
Braskem S.A.'s stock was acquired by a variety of institutional investors in the last quarter, including Gruss Capital Management LP, Renaissance Technologies LLC, JPMorgan Chase & Co., Redwood Capital Management LLC, OxFORD Asset Management LLP, Vanguard Group Inc., U S Global Investors Inc. and Dorsey Wright & Associates. View Insider Buying and Selling for Braskem S.A..
How do I buy Braskem S.A. stock?
Shares of Braskem S.A. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Braskem S.A.'s stock price today?
One share of Braskem S.A. stock can currently be purchased for approximately $26.75.
MarketBeat Community Rating for Braskem S.A. (NYSE BAK)MarketBeat's community ratings are surveys of what our community members think about Braskem S.A. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Braskem S.A. (NYSE:BAK)Earnings History by Quarter for Braskem S.A. (NYSE BAK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/9/2017 | | | | | | | | |
| 11/10/2016 | 9/30/2016 | $0.77 | $1.60 | $3.77 billion | $3.75 billion | View | N/A |  |
| 5/5/2016 | Q1 2016 | $0.56 | $0.50 | | $3.13 billion | View | N/A | |
| 2/18/2016 | Q4 2015 | $0.15 | $0.15 | | $3.21 billion | View | N/A | |
| 11/5/2015 | Q3 | $0.55 | $1.13 | | $3.75 billion | View | N/A | |
| 8/6/2015 | Q2 2015 | $0.25 | $0.90 | | $4.30 billion | View | N/A | |
| 2/24/2015 | | $0.14 | ($0.07) | | | View | N/A | |
| 11/6/2014 | Q3 2014 | $0.22 | $0.27 | | $5.37 billion | View | N/A | |
| 8/7/2014 | Q2 2014 | $0.23 | $0.14 | | $4.76 billion | View | N/A | |
| 5/8/2014 | Q1 2014 | $0.36 | $0.46 | | $6.17 billion | View | N/A | |
| 2/13/2014 | Q4 | ($0.03) | $0.02 | | $4.75 billion | View | N/A | |
| 11/7/2013 | | $0.50 | $0.43 | | | View | N/A | |
| 8/8/2013 | | | ($0.13) | | | View | N/A | |
| 5/9/2013 | | | $0.26 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Braskem S.A. (NYSE:BAK)Current Year EPS Consensus Estimate: $2.98 EPS
Next Year EPS Consensus Estimate: $2.42 EPS
Current Dividend Information for Braskem S.A. (NYSE:BAK)| Most Recent Dividend: | 10/18/2016 |
| Annual Dividend: | $0.77 |
| Dividend Yield: | 2.88% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 25.84% (Based on This Year's Estimates)
31.82% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Braskem S.A. (NYSE BAK)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/28/2016 | | $0.76 | | 10/6/2016 | 10/11/2016 | 10/18/2016 |
| 3/11/2016 | | $0.65 | | 4/7/2016 | 4/11/2016 | 4/11/2016 |
(Data available from 1/1/2013 forward)
Insider Trading History for Braskem S.A. (NYSE:BAK)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Braskem S.A. (NYSE:BAK)
Latest Headlines for Braskem S.A. (NYSE:BAK)
| Source: |
|
| Date | Headline |
|---|
 | Braskem S.A. (BAK) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - September 19 at 2:58 AM |
 | Braskem signs $10M settlement in US class action lawsuit - Seeking Alpha
seekingalpha.com - September 15 at 9:52 PM |
 | Energy Sector Update for 09/15/2017: BAK,REN,OBE - Nasdaq
www.nasdaq.com - September 15 at 9:52 PM |
 | Brazil's Braskem agrees to settle U.S. class action for $10 mln
finance.yahoo.com - September 14 at 10:02 PM |
| [$$] Braskem Signs $10 Million Settlement Over Bribery Scandal
finance.yahoo.com - September 14 at 10:02 PM |
| Braskem Announces Distribution Partnership with Ravago Group's Pegasus Polymers
finance.yahoo.com - September 10 at 9:02 PM |
| Head to Head Survey: Methanex Corporation (MEOH) vs. Braskem (BAK)
www.americanbankingnews.com - September 9 at 6:22 PM |
| Braskem (BAK) & Air Products and Chemicals (APD) Critical Review
www.americanbankingnews.com - September 3 at 6:40 PM |
| Braskem S.A. (BAK) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - August 29 at 8:56 PM |
| ExxonMobil Concludes Jurong Aromatics Deal in Singapore
finance.yahoo.com - August 28 at 4:23 PM |
| Braskem S.A. (BAK) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 25 at 2:38 AM |
| How Safe Is Braskem and Its 3.2% Dividend Yield?
finance.yahoo.com - August 24 at 4:21 PM |
| Braskem America Finance Company -- Moody's confirms Braskem's Ba1 rating; negative outlook
finance.yahoo.com - August 22 at 10:06 PM |
| Falling Earnings Estimates Signal Weakness Ahead for NuStar Energy (NS)
www.nasdaq.com - August 22 at 5:02 PM |
| Brazilian Corruption Charges Could Impact Mexico’s Oil Boom
finance.yahoo.com - August 21 at 9:21 PM |
| Zacks.com featured highlights: Arkema SA, Nutrisystem, Braskem SA, Chemed and SP Plus
finance.yahoo.com - August 21 at 4:21 PM |
 | BP's Unit Brings Juniper Online on Schedule and Under Budget
www.zacks.com - August 16 at 4:53 PM |
| Brazil's Braskem second-quarter net income jumps to 1.142 bln reais
finance.yahoo.com - August 16 at 4:53 PM |
| Braskem announces 2Q17 Results
finance.yahoo.com - August 16 at 3:20 AM |
| Braskem S.A. (BAK) Sees Large Increase in Short Interest
www.americanbankingnews.com - August 16 at 1:54 AM |
| Shell's (RDS.A) Appomattox Project Achieves a Key Milestone
www.zacks.com - August 14 at 9:46 PM |
| Shell's (RDS.A) Appomattox Project Achieves a Key Milestone
finance.yahoo.com - August 14 at 4:45 PM |
| Braskem S.A. (NYSE:BAK) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - August 14 at 10:46 AM |
| Braskem S.A. (NYSE:BAK) Downgraded by BidaskClub
www.americanbankingnews.com - August 13 at 2:06 PM |
| ConocoPhillips Weighs Alaska's Oil Asset Development Offer - Nasdaq
www.nasdaq.com - August 10 at 4:40 PM |
| ConocoPhillips Weighs Alaska's Oil Asset Development Offer
finance.yahoo.com - August 10 at 4:40 PM |
| Comstock (CRK) Q2 Loss Narrower Than Expected, Sales Miss
finance.yahoo.com - August 9 at 4:33 PM |
| Enbridge Energy (EEP) Q2 Earnings Beat, Revenues Decline Y/Y - Yahoo Finance
finance.yahoo.com - August 8 at 4:10 PM |
| Enbridge Energy (EEP) Q2 Earnings Beat, Revenues Decline Y/Y
finance.yahoo.com - August 8 at 4:10 PM |
| BP Adds Natural Gas Well to its Asset Base in New Mexico
finance.yahoo.com - August 8 at 4:10 PM |
| Noble (NE) Q2 Loss Narrower than Expected, Revenues Fall Y/Y - Nasdaq
www.nasdaq.com - August 7 at 3:36 PM |
| Noble (NE) Q2 Loss Narrower than Expected, Revenues Fall Y/Y
finance.yahoo.com - August 7 at 3:36 PM |
| Genesis Energy Eyes Chemical Industry with Alkali Unit Buyout
finance.yahoo.com - August 4 at 4:36 PM |
| Braskem eyes U.S. move amid changes to shareholder pact -media reports
finance.yahoo.com - August 4 at 4:36 PM |
| Peabody Energy (BTU) in Focus: Stock Moves 7.35% Higher
finance.yahoo.com - August 2 at 5:05 PM |
| Short Interest in Braskem S.A. (BAK) Drops By 29.2%
www.americanbankingnews.com - August 2 at 7:10 AM |
| Phillips 66 (PSX) Q2 Earnings Beat Estimates, Revenues Lag - Nasdaq
www.nasdaq.com - August 1 at 5:12 PM |
| Diamond Offshore's (DO) Q2 Earnings & Revenues Top Estimates - Nasdaq
www.nasdaq.com - August 1 at 5:12 PM |
| Diamond Offshore's (DO) Q2 Earnings & Revenues Top Estimates
finance.yahoo.com - August 1 at 5:12 PM |
| Phillips 66 (PSX) Q2 Earnings Beat Estimates, Revenues Lag
finance.yahoo.com - August 1 at 5:12 PM |
| Dril-Quip (DRQ) Beats Q2 Earnings and Revenue Estimates
finance.yahoo.com - August 1 at 5:12 PM |
| Weatherford (WFT) Loss Meets Estimates in Q2, Revenues Miss - Nasdaq
www.nasdaq.com - July 31 at 4:28 PM |
| Braskem S.A. (NYSE:BAK) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - July 31 at 9:17 AM |
| Cabot (COG) Misses Q2 Earnings, Beats Revenue Estimates
finance.yahoo.com - July 29 at 3:42 AM |
| National Oilwell (NOV) Q2 Loss in Line, Revenues Miss Mark
finance.yahoo.com - July 29 at 3:42 AM |
| Cabot (COG) Misses Q2 Earnings, Beats Revenue Estimates - Nasdaq
www.nasdaq.com - July 28 at 5:39 PM |
| National Oilwell (NOV) Q2 Loss in Line, Revenues Miss Mark - Nasdaq
www.nasdaq.com - July 28 at 5:39 PM |
| Ensco (ESV) Q2 Loss Narrower than Expected, Revenues Miss - Nasdaq
www.nasdaq.com - July 28 at 5:39 PM |
| Valero Energy (VLO) Q2 Earnings and Revenues Beat Estimates - Nasdaq
www.nasdaq.com - July 27 at 4:46 PM |
| TechnipFMC (FTI) Beats Earnings and Revenue Estimates in Q2 - Nasdaq
www.nasdaq.com - July 27 at 4:46 PM |
Braskem S.A. (BAK) Chart for Wednesday, September, 20, 2017
