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NYSE:BAK

Braskem (BAK) Stock Forecast, Price & News

$17.14
-0.78 (-4.35%)
(As of 05/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.90
$17.72
50-Day Range
$15.33
$19.43
52-Week Range
$15.09
$26.93
Volume
281,087 shs
Average Volume
368,528 shs
Market Capitalization
$7.74 billion
P/E Ratio
2.34
Dividend Yield
18.02%
Beta
1.69
30 days | 90 days | 365 days | Advanced Chart
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Braskem logo

About Braskem

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells chemicals, including ethylene, polymer and chemical grade propylene, butadiene, butene-1, benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins. This segment also produces and sells polyethylene (PE) and polypropylene (PP); supplies electricity and other inputs to second-generation producers; produces and sells of PE, including the production of green PE from renewable resources; and produces and sells polyvinyl chloride and caustic soda. The United States and Europe segment produces and sells PP in the United States and Germany. The Mexico segment produces and sells ethylene, high-density PE, and low-density PE in Mexico. It also manufactures, sells, 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 Camaçari, Brazil.

Headlines

Braskem (NYSE:BAK) Upgraded at TheStreet
Braskem Q1 Earnings Preview - Seeking Alpha
Braskem (NYSE:BAK) Hits New 1-Year Low at $16.55
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
$19.58 billion
Book Value
($1.88) per share

Profitability

Net Income
$2.59 billion
Pretax Margin
17.93%

Debt

Price-To-Earnings

Miscellaneous

Free Float
451,624,000
Market Cap
$7.74 billion
Optionable
Optionable

Company Calendar

Last Earnings
3/17/2022
Today
5/18/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.42 out of 5 stars

Oils/Energy Sector

68th out of 386 stocks

Industrial Organic Chemicals Industry

5th out of 24 stocks

Analyst Opinion: 3.3Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -













Braskem (NYSE:BAK) Frequently Asked Questions

Is Braskem a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Braskem in the last year. There are currently 3 hold ratings and 3 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.

Are investors shorting Braskem?

Braskem saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 773,800 shares, a drop of 21.9% from the March 31st total of 990,900 shares. Based on an average daily volume of 399,000 shares, the short-interest ratio is presently 1.9 days.
View Braskem's Short Interest
.

When is Braskem's next earnings date?

Braskem is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Braskem
.

How were Braskem's earnings last quarter?

Braskem S.A. (NYSE:BAK) issued its quarterly earnings data on Thursday, March, 17th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $2.51 by $2.27. The business had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $5.23 billion. Braskem had a trailing twelve-month return on equity of 156.07% and a net margin of 14.18%.
View Braskem's earnings history
.

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

Braskem announced an annual dividend on Monday, December 6th. Stockholders of record on Monday, December 13th will be paid a dividend of $2.7104 per share on Thursday, December 30th. This represents a 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 $3.23 per share and currently has a dividend yield of 18.02%. BAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Braskem is 44.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Braskem will have a dividend payout ratio of 156.80% in the coming year. This indicates that Braskem may not be able to sustain their current dividend.
View Braskem's dividend history.

What price target have analysts set for BAK?

6 brokerages have issued 12-month price targets for Braskem's shares. Their forecasts range from $20.00 to $68.00. On average, they anticipate Braskem's stock price to reach $32.40 in the next twelve months. This suggests a possible upside of 89.0% 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:
  • Mr. Roberto Lopes Pontes Simoes, CEO & Director (Age 65)
  • Mr. Pedro van Langendonck Teixeira de Freitas, CFO and Head of Procurement & Institutional Relation (Age 47)
  • Mr. Daniel Sales Correa, Exec. Officer and Head of Investments & Digital Technologies (Age 54)
  • Mr. Everson Bassinello, Chief Compliance Officer
  • Ms. Cristiana Lapa, Gen. Counsel & Corp. Governance Officer (Age 45)
  • André Vieira, Director of Corp. Communication
  • Mr. Marcelo Arantes De Carvalho, Exec. Officer and Head of People, Bus. Communication, Marketing & Sustainable Devel. (Age 54)
  • Mr. Marcelo de Oliveira Cerqueira, Exec. Officer and Head of Brazil Manufacturing & Global Industrial Operations (Age 57)
  • Mr. Roberto Bischoff, Head of Competitiveness
  • Mr. Mark Nikolich, Head of the Polyolefins North America Unit
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."

Who are Braskem's major shareholders?

Braskem's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (0.16%), Acadian Asset Management LLC (0.12%), Renaissance Technologies LLC (0.07%), State Street Corp (0.06%), Todd Asset Management LLC (0.04%) and Qube Research & Technologies Ltd (0.03%).

Which institutional investors are selling Braskem stock?

BAK stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., and Hsbc Holdings PLC.

Which institutional investors are buying Braskem stock?

BAK stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Qube Research & Technologies Ltd, Acadian Asset Management LLC, State Street Corp, Todd Asset Management LLC, TCW Group Inc., American Century Companies Inc., and Guggenheim Capital LLC.

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 $17.14.

How much money does Braskem make?

Braskem has a market capitalization of $7.74 billion and generates $19.58 billion in revenue each year. The company earns $2.59 billion in net income (profit) each year or $7.329990 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.

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 5/18/2022 by MarketBeat.com Staff

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