Basf Se (OTCMKTS:BASFY) Receives Consensus Recommendation of “Hold” from Analysts

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

Separately, JPMorgan Chase & Co. lowered Basf from a “neutral” rating to an “underweight” rating in a research report on Thursday, March 27th.

Basf Price Performance

BASFY opened at $12.33 on Friday. The business has a fifty day moving average of $12.21 and a 200 day moving average of $12.31. Basf has a 52-week low of $10.57 and a 52-week high of $14.76. The company has a quick ratio of 1.07, a current ratio of 1.83 and a debt-to-equity ratio of 0.51. The stock has a market cap of $44.02 billion, a P/E ratio of 53.61, a PEG ratio of 10.40 and a beta of 1.06.

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 the consensus estimate of $0.38 by $0.03. The business had revenue of $18.31 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Basf had a return on equity of 8.20% and a net margin of 1.13%. As a group, sell-side analysts anticipate that Basf will post 0.83 EPS for the current year.

Basf Cuts Dividend

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

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.