S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
S&P 500   4,326.51
DOW   34,160.78
QQQ   341.10
NYSE:BAK

Braskem Stock Forecast, Price & News

$17.06
-0.52 (-2.96%)
(As of 01/27/2022 04:00 PM ET)
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Today's Range
$16.87
$17.75
50-Day Range
$16.80
$23.66
52-Week Range
$8.56
$26.93
Volume
2.20 million shs
Average Volume
498,985 shs
Market Capitalization
$6.80 billion
P/E Ratio
2.52
Dividend Yield
15.42%
Beta
1.76
30 days | 90 days | 365 days | Advanced Chart
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Braskem logo

About Braskem

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.

Headlines

Braskem (NYSE:BAK) Sees Large Volume Increase
January 26, 2022 |  americanbankingnews.com
Braskem (NYSE:BAK) Upgraded to "Buy" by HSBC
January 26, 2022 |  americanbankingnews.com
Braskem Expands U.S. Propylene Supply Import Capabilities
January 20, 2022 |  finance.yahoo.com
Braskem (NYSE:BAK) Sees Unusually-High Trading Volume
January 18, 2022 |  americanbankingnews.com
Short Interest in Braskem S.A. (NYSE:BAK) Declines By 49.3%
January 16, 2022 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Employees
7,993
Year Founded
N/A

Sales & Book Value

Annual Sales
$11.37 billion
Book Value
($1.88) per share

Profitability

Net Income
$-1.30 billion
Pretax Margin
20.42%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$6.80 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/09/2021
Ex-Dividend for 12/30 Dividend
12/10/2021
Dividend Payable
12/30/2021
Today
1/28/2022
Next Earnings (Estimated)
3/11/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.62 out of 5 stars

Oils/Energy Sector

49th out of 362 stocks

Industrial Organic Chemicals Industry

4th out of 23 stocks

Analyst Opinion: 3.3Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -












Braskem (NYSE:BAK) Frequently Asked Questions

Is Braskem a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Braskem in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Braskem stock.
View analyst ratings for Braskem
or view top-rated stocks.

How has Braskem's stock price been impacted by COVID-19 (Coronavirus)?

Braskem's stock was trading at $9.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BAK stock has increased by 85.2% and is now trading at $17.06.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Braskem?

Braskem saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 623,900 shares, an increase of 249.9% from the December 31st total of 178,300 shares. Based on an average daily volume of 242,500 shares, the days-to-cover ratio is currently 2.6 days.
View Braskem's Short Interest
.

When is Braskem's next earnings date?

Braskem is scheduled to release its next quarterly earnings announcement on Friday, March 11th 2022.
View our earnings forecast for Braskem
.

How were Braskem's earnings last quarter?

Braskem S.A. (NYSE:BAK) issued its quarterly earnings results on Tuesday, November, 9th. The company reported $1.70 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.09 by $0.39. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.25 billion. Braskem had a trailing twelve-month return on equity of 437.34% and a net margin of 14.93%.
View Braskem's earnings history
.

How often does Braskem pay dividends? What is the dividend yield for Braskem?

Braskem declared an annual dividend on Monday, December 6th. Investors of record on Monday, December 13th will be paid a dividend of $2.7104 per share on Thursday, December 30th. This represents a dividend yield of 11.6%. The ex-dividend date of this dividend is Friday, December 10th.
View Braskem's dividend history
.

Is Braskem a good dividend stock?

Braskem pays an annual dividend of $2.71 per share and currently has a dividend yield of 15.42%. BAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Braskem does not yet have a strong track record of dividend growth. The dividend payout ratio of Braskem is 40.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Braskem will have a dividend payout ratio of 57.05% next year. This indicates that Braskem will be able to sustain or increase its dividend.
View Braskem's dividend history.

What price target have analysts set for BAK?

8 brokerages have issued 12-month price objectives for Braskem's stock. Their forecasts range from $14.00 to $68.00. On average, they anticipate Braskem's stock price to reach $29.33 in the next year. This suggests a possible upside of 71.9% from the stock's current price.
View analysts' price targets for Braskem
or view top-rated stocks among Wall Street analysts.

Who are Braskem's key executives?

Braskem's management team includes the following people:
  • Roberto Lopes Pontes Simões, Chief Executive Officer & Director
  • Pedro van Langendonck de Freitas, CFO, Head-Procurement & Institutional Relation
  • Daniel Sales Corrêa, Head-Investments & Digital Technologies
  • Artur Faria, Director-M&A, Business Development
  • Marcelo Arantes de Carvalho, Head-People, Communications & Marketing

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

31 employees have rated Braskem CEO Roberto Lopes Pontes Simões on Glassdoor.com. Roberto Lopes Pontes Simões has an approval rating of 100% among Braskem'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."

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 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 $17.06.

How much money does Braskem make?

Braskem has a market capitalization of $6.80 billion and generates $11.37 billion in revenue each year. The company earns $-1.30 billion in net income (profit) each year or $6.76 on an earnings per share basis.

How many employees does Braskem have?

Braskem employs 7,993 workers across the globe.

What is Braskem's official website?

The official website for Braskem is www.braskem.com.br.

Where are Braskem's headquarters?

How can I contact Braskem?

Braskem's mailing address is Rua Lemos Monteiro 120 24 andar, Butanta D5, 05501-050. The company can be reached via phone at 551135769735, via email at [email protected], or via fax at 55-11-3576-9532.


This page was last updated on 1/28/2022 by MarketBeat.com Staff

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