FY2023 EPS Estimates for Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Lowered by Jefferies Financial Group

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF – Get Rating) – Research analysts at Jefferies Financial Group reduced their FY2023 earnings per share estimates for shares of Bayerische Motoren Werke Aktiengesellschaft in a report released on Monday, May 9th. Jefferies Financial Group analyst P. Houchois now anticipates that the company will post earnings per share of $15.28 for the year, down from their prior forecast of $16.04.

Separately, Zacks Investment Research downgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 5th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Bayerische Motoren Werke Aktiengesellschaft has an average rating of “Hold” and an average target price of $88.00.

Shares of OTCMKTS:BAMXF opened at $83.00 on Tuesday. Bayerische Motoren Werke Aktiengesellschaft has a 52 week low of $76.50 and a 52 week high of $116.79. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.93 and a current ratio of 1.13. The company’s fifty day moving average is $83.56 and its 200-day moving average is $96.34. The company has a market capitalization of $49.96 billion, a PE ratio of 3.87 and a beta of 1.08.

Bayerische Motoren Werke Aktiengesellschaft Company Profile (Get Rating)

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.

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