NYSE:BAK Braskem - BAK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Braskem S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $9.08 +0.11 (+1.23%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$8.87▼$9.1150-Day Range$8.28▼$11.1152-Week Range$8.23▼$21.22Volume515,558 shsAverage Volume561,298 shsMarket Capitalization$4.10 billionP/E Ratio10.56Dividend Yield7.02%Price Target$22.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Braskem MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside100.0% Downside$0.00 Price TargetShort InterestHealthy0.19% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-7.69%From $1.17 to $1.08 Per ShareSee Full Details Hide Full Details 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 starsOils/Energy Sector217th out of 245 stocksIndustrial Organic Chemicals Industry19th out of 20 stocks 1.0 Analyst's Opinion Consensus RatingBraskem has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $0.00, Braskem has a forecasted downside of 100.0% from its current price of $9.08.Amount of Analyst CoverageBraskem has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.19% of the outstanding shares of Braskem have been sold short.Short Interest Ratio / Days to CoverBraskem has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Braskem has recently decreased by 47.71%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipBraskem is a leading dividend payer. It pays a dividend yield of 7.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBraskem does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Braskem is 73.26%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Braskem will have a dividend payout ratio of 58.33% next year. This indicates that Braskem will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BAK. Previous Next 3.1 News and Social Media Coverage News SentimentBraskem has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Braskem this week, compared to 1 article on an average week.Search Interest12 people have searched for BAK on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Braskem to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Braskem insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.01% of the stock of Braskem is held by insiders.Percentage Held by InstitutionsOnly 0.01% of the stock of Braskem is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Braskem are expected to decrease by -7.69% in the coming year, from $1.17 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Braskem is 10.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Braskem is 10.56, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 48.32. Previous Next See Top Rated MarketRank™ Stocks Here About Braskem (NYSE:BAK) StockBraskem 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.Read More Receive BAK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Braskem and its competitors with MarketBeat's FREE daily newsletter. Email Address BAK Stock News HeadlinesJanuary 25, 2023 | finance.yahoo.comBraskem America Awarded International Sustainability & Carbon Certification PLUS (ISCC PLUS) for all U.S. Production FacilitiesJanuary 23, 2023 | finance.yahoo.comBraskem and Nexus Circular Strengthen Relationship Through a Long-Term Contract for Circular Plastic Feedstocks From New Advanced Recycling FacilityJanuary 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.January 20, 2023 | americanbankingnews.comBraskem (NYSE:BAK) Sees Large Volume IncreaseJanuary 17, 2023 | finance.yahoo.comBraskem Announces Project to Evaluate Production of Bio-Based PolypropyleneJanuary 4, 2023 | finance.yahoo.comBraskem Acquires taulman3D Expanding its Portfolio of Materials for Additive Manufacturing ApplicationsDecember 26, 2022 | seekingalpha.comBraskem: Second Look At This International Petrochemical Player After A ~30% DropDecember 2, 2022 | finance.yahoo.comBraskem drives its digital transformationJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…November 30, 2022 | finance.yahoo.comBraskem Joins Greentown Labs as a Gigawatt PartnerNovember 18, 2022 | finance.yahoo.comRecurring EBITDA in 3Q22 was US$371 million In the year to date, the Company's Cash Generation was R$3.1 billionNovember 9, 2022 | finance.yahoo.comBraskem America Announces Renewable and Emissions-Free Power Purchases in Alignment with Commitment to a Carbon-Neutral Circular EconomyNovember 7, 2022 | finance.yahoo.comBraskem Announces a New Renewable Innovation Center in Lexington, MassachusettsOctober 18, 2022 | businesswire.comBraskem Idesa Works with Emerson to Drive Operational Excellence, Achieve Sustainability Goals - Business WireOctober 13, 2022 | seekingalpha.comBraskem ADRs surge after Apollo reportedly raises takeover bid (NYSE:BAK) - Seeking AlphaOctober 13, 2022 | seekingalpha.comBraskem Stock Buoyed By A Buyout Offer (NYSE:BAK) - Seeking AlphaOctober 13, 2022 | morningstar.comADRs End Lower, Braskem and Argo Blockchain Trade Actively - MorningstarOctober 11, 2022 | marketwatch.comADRs End Lower, Braskem and Argo Blockchain Trade Actively - MarketWatchOctober 11, 2022 | benzinga.comBenzinga China Auto Sales Growth Slows - Stocks Affected $OKTA $MTTR $LI $BAK $JOBY Podcast - BenzingaOctober 11, 2022 | nasdaq.comShares in Brazil's Braskem jump after report on new Apollo bid for company - NasdaqSeptember 20, 2022 | globenewswire.comBioplastics Market Size to Worth Around USD 46.1 Billion by 2030 - GlobeNewswireSeptember 20, 2022 | finance.yahoo.comEssentium and Braskem Partnership Unlocks Sustainable Additive Manufacturing at ScaleSeptember 7, 2022 | finance.yahoo.comBraskem S.A. (BAK)August 26, 2022 | finance.yahoo.comEdited Transcript of OCY.OL^L21 earnings conference call or presentation 25-Aug-22 7:00am GMT - Yahoo FinanceAugust 15, 2022 | streetinsider.comUPDATE: Scotiabank Downgrades Braskem SA (BRKM5:BZ) (BAK) to Sector Underperform - StreetInsider.comAugust 10, 2022 | reuters.comBrazil's Braskem reports Q2 net loss hit by exchange rate swings - Reuters.comAugust 3, 2022 | seekingalpha.comBraskem: Time To Look Beyond The EU/North America? (NYSE:BAK) - Seeking AlphaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BAK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Braskem and its competitors with MarketBeat's FREE daily newsletter. Email Address BAK Company Calendar Last Earnings11/10/2022Today1/27/2023Next Earnings (Estimated)3/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Industrial organic chemicals Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:BAK CUSIPN/A CIK1071438 Webwww.braskem.com.br Phone551135769735Fax55-11-3576-9532Employees8,312Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.14 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.86 Trailing P/E Ratio10.56 Forward P/E Ratio7.76 P/E GrowthN/ANet Income$2.59 billion Net Margins1.69% Pretax Margin6.95% Return on Equity0.07% Return on Assets0.01% Debt Debt-to-Equity Ratio5.91 Current Ratio1.55 Quick Ratio0.89 Sales & Book Value Annual Sales$19.58 billion Price / Sales0.21 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares451,669,000Free Float451,624,000Market Cap$4.10 billion OptionableOptionable Beta1.73 Key ExecutivesRoberto BischoffChief Executive OfficerPedro van Langendonck de FreitasCFO, Head-Procurement & Institutional RelationDaniel Sales CorrêaHead-Investments & Digital TechnologiesArtur FariaDirector-M&A, Business DevelopmentAlexandre EliasInternational Markets DirectorKey CompetitorsSM EnergyNYSE:SMWeatherford InternationalNASDAQ:WFRDCactusNYSE:WHDCrescent Point EnergyNYSE:CPGPeabody EnergyNYSE:BTUView All CompetitorsInsiders & InstitutionsVeriti Management LLCBought 1,508 shares on 1/20/2023Ownership: 0.004%Jane Street Group LLCBought 42,507 shares on 11/16/2022Ownership: 0.013%Vanguard Group Inc.Sold 68,349 shares on 11/15/2022Ownership: 0.146%State Street CorpBought 2,435 shares on 11/15/2022Ownership: 0.051%Hsbc Holdings PLCBought 940 shares on 11/14/2022Ownership: 0.004%View All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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