Basf Se (OTCMKTS:BASFY) Receives Average Rating of “Hold” from Analysts

Shares of Basf Se (OTCMKTS:BASFY) have been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company.

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

Basf Stock Down 1.3%

Shares of OTCMKTS:BASFY opened at $11.99 on Thursday. Basf has a 1 year low of $10.57 and a 1 year high of $14.76. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.87 and a quick ratio of 1.03. The business’s 50-day moving average is $12.21 and its 200-day moving average is $12.08. The company has a market capitalization of $42.79 billion, a price-to-earnings ratio of 74.92, a P/E/G ratio of 2.30 and a beta of 1.11.

Basf (OTCMKTS:BASFY) last issued its earnings results on Friday, May 2nd. The basic materials company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. Basf had a return on equity of 6.63% and a net margin of 0.78%. The business had revenue of $18.31 billion during the quarter, compared to the consensus estimate of $17.34 billion. Equities research analysts predict that Basf will post 0.83 earnings per share for the current year.

Basf Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 19th. Shareholders of record on Wednesday, May 7th were paid a $0.4322 dividend. The ex-dividend date was Tuesday, May 6th. This represents a yield of 3.38%. Basf’s dividend payout ratio (DPR) is presently 191.30%.

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.