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

Shares of Basf Se (OTCMKTS:BASFY) have received a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company.

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

Basf Stock Down 2.7 %

BASFY stock opened at $12.39 on Friday. Basf has a 1-year low of $10.57 and a 1-year high of $14.76. The company has a current ratio of 1.87, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. The stock has a market cap of $44.23 billion, a price-to-earnings ratio of 77.44, a price-to-earnings-growth ratio of 2.30 and a beta of 1.11. The company’s 50 day moving average is $12.81 and its 200 day moving average is $12.09.

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

Basf Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, May 7th will be paid a dividend of $0.4322 per share. This represents a dividend yield of 3.38%. The ex-dividend date is Tuesday, May 6th. Basf’s payout ratio is 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.