Basf Se (OTCMKTS:BASFY) Receives Consensus Recommendation of “Hold” from Analysts

Basf Se (OTCMKTS:BASFY) has been given a consensus rating of “Hold” by the nine research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company.

BASFY has been the topic of a number of recent analyst reports. Morgan Stanley raised shares of Basf from an “equal weight” rating to an “overweight” rating in a research note on Thursday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a research report on Wednesday, September 24th. Citigroup raised Basf from a “hold” rating to a “buy” rating in a research note on Wednesday, September 10th. Finally, Zacks Research lowered Basf from a “hold” rating to a “strong sell” rating in a research note on Monday, August 18th.

Basf Trading Up 1.8%

Shares of BASFY stock opened at $12.98 on Wednesday. The company has a market capitalization of $46.34 billion, a PE ratio of 99.85, a price-to-earnings-growth ratio of 15.73 and a beta of 1.07. Basf has a 52-week low of $10.57 and a 52-week high of $14.76. The business’s fifty day moving average is $12.96 and its 200 day moving average is $12.52. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.07 and a current ratio of 1.83.

Basf (OTCMKTS:BASFY) last announced its earnings results on Wednesday, July 30th. The basic materials company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The business had revenue of $18.10 billion during the quarter, compared to the consensus estimate of $15.62 billion. Basf had a return on equity of 7.17% and a net margin of 0.59%. On average, equities research analysts anticipate that Basf will post 0.83 EPS for the current fiscal year.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.