Basf Se (OTCMKTS:BASFY) Given Average Rating of “Hold” by Analysts

Basf Se (OTCMKTS:BASFY) has been assigned an average recommendation of “Hold” from the seven ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company.

A number of analysts recently weighed in on BASFY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a report on Friday, March 7th. JPMorgan Chase & Co. downgraded Basf from a “neutral” rating to an “underweight” rating in a research report on Thursday, March 27th. Finally, Berenberg Bank lowered Basf from a “buy” rating to a “hold” rating in a research note on Tuesday, February 18th.

Basf Trading Down 2.8 %

Shares of BASFY stock opened at $12.00 on Friday. Basf has a twelve month low of $10.57 and a twelve month high of $14.76. The stock’s fifty day simple moving average is $12.79 and its 200 day simple moving average is $12.09. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $42.84 billion, a P/E ratio of 75.00, a P/E/G ratio of 2.30 and a beta of 1.11.

Basf (OTCMKTS:BASFY) last posted its earnings results on Friday, May 2nd. The basic materials company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.38 by $0.03. The business had revenue of $18.31 billion for the quarter, compared to the consensus estimate of $17.34 billion. Basf had a net margin of 0.78% and a return on equity of 6.63%. As a group, sell-side analysts predict that Basf will post 0.83 EPS for the current fiscal year.

Basf Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, May 7th will be given a $0.4322 dividend. This represents a dividend yield of 3.38%. The ex-dividend date of this dividend is Tuesday, May 6th. Basf’s dividend payout ratio (DPR) is presently 186.96%.

Basf Company Profile

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.