Brenntag (OTCMKTS:BNTGY) Issues Earnings Results

Brenntag (OTCMKTS:BNTGYGet Free Report) released its quarterly earnings data on Wednesday. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01), Zacks reports. Brenntag had a net margin of 1.71% and a return on equity of 5.89%. The firm had revenue of $4.29 billion during the quarter, compared to analysts’ expectations of $4.29 billion.

Brenntag Stock Down 0.2%

Brenntag stock traded down $0.03 during mid-day trading on Thursday, reaching $14.34. 8,381 shares of the company’s stock were exchanged, compared to its average volume of 49,529. The company has a market cap of $10.35 billion, a P/E ratio of 34.96 and a beta of 0.67. Brenntag has a twelve month low of $10.19 and a twelve month high of $14.97. The company has a fifty day moving average of $12.93 and a 200-day moving average of $12.18.

Analysts Set New Price Targets

BNTGY has been the subject of a number of recent analyst reports. UBS Group raised shares of Brenntag from a “sell” rating to a “neutral” rating in a report on Thursday, April 30th. Barclays raised shares of Brenntag to a “hold” rating in a report on Thursday, January 15th. Seven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Brenntag has a consensus rating of “Reduce” and an average price target of $12.80.

View Our Latest Stock Analysis on Brenntag

Brenntag Company Profile

(Get Free Report)

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.

See Also

Earnings History for Brenntag (OTCMKTS:BNTGY)

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