Basf Se (BASFY) – What Are Investment Firms Saying About This Stock?

Basf Se (OTCMKTS:BASFY) has been assigned a consensus rating of “Hold” from the ten research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts recently weighed in on BASFY shares. Citigroup reaffirmed a “buy” rating on shares of Basf in a research report on Thursday, September 3rd. Deutsche Bank lowered Basf from a “buy” rating to a “hold” rating in a report on Monday, October 26th. Finally, Jefferies Financial Group lowered Basf from a “hold” rating to a “moderate sell” rating in a research report on Wednesday.

Basf Stock Down 0.9%

Shares of Basf stock opened at $15.13 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.85 and a quick ratio of 1.19. The company has a market capitalization of $54.02 billion, a P/E ratio of 7.84, a price-to-earnings-growth ratio of 1.25 and a beta of 0.80. The business has a 50-day moving average of $14.85 and a two-hundred day moving average of $14.63. Basf has a 1 year low of $12.04 and a 1 year high of $16.25.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Wednesday, October 28th. The basic materials company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.12 by $0.09. The business had revenue of $18.20 billion for the quarter, compared to analysts’ expectations of $18.03 billion. Basf had a net margin of 9.11% and a return on equity of 6.92%. As a group, equities analysts predict that Basf will post 0.82 EPS for the current year.

Basf Company Profile

BASF SE is a German chemical company that develops, produces and sells chemicals and related products for businesses across a wide range of industries. Its portfolio includes chemicals and materials, industrial solutions, surface technologies, products for nutrition and personal care, and agricultural solutions such as crop protection products and seeds. Founded in 1865, BASF is headquartered in Ludwigshafen, Germany, and serves customers around the world. Its products are used in areas including manufacturing, transportation, construction, agriculture and consumer goods.