Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of “Hold” from Brokerages

Basf Se (OTCMKTS:BASFY) has received a consensus rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company.

Separately, Morgan Stanley upgraded Basf from an “equal weight” rating to an “overweight” rating in a report on Thursday, July 24th.

Basf Price Performance

Shares of BASFY opened at $13.01 on Tuesday. The company has a market capitalization of $46.45 billion, a price-to-earnings ratio of 100.08, a P/E/G ratio of 11.24 and a beta of 1.09. Basf has a fifty-two week low of $10.57 and a fifty-two week high of $14.76. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.83 and a quick ratio of 1.07. The business’s 50-day moving average is $12.42 and its 200-day moving average is $12.52.

Basf (OTCMKTS:BASFY) last released its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). Basf had a return on equity of 7.17% and a net margin of 0.59%. The firm had revenue of $18.10 billion during the quarter, compared to analyst estimates of $15.62 billion. Equities research analysts expect 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.