Basf Se (OTCMKTS:BASFY) Given Consensus Recommendation of “Reduce” by Analysts

Basf Se (OTCMKTS:BASFY) has received an average recommendation of “Reduce” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several equities research analysts have recently commented on the company. Redburn Atlantic upgraded Basf from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 9th. BNP Paribas reiterated an “underperform” rating on shares of Basf in a research note on Monday, April 15th.

Basf Trading Up 0.8 %

Shares of Basf stock opened at $13.35 on Friday. The stock has a market cap of $48.30 billion, a price-to-earnings ratio of 1,335.00, a PEG ratio of 1.06 and a beta of 1.28. The company has a fifty day simple moving average of $13.68 and a 200-day simple moving average of $12.71. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.47. Basf has a 12-month low of $10.66 and a 12-month high of $14.89.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Thursday, April 25th. The basic materials company reported $0.46 EPS for the quarter. Basf had a net margin of 0.07% and a return on equity of 5.84%. The company had revenue of $19.06 billion for the quarter. On average, equities analysts forecast that Basf will post 0.87 EPS for the current fiscal year.

Basf Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 29th will be issued a $0.6594 dividend. This is a positive change from Basf’s previous dividend of $0.64. The ex-dividend date of this dividend is Friday, April 26th. Basf’s dividend payout ratio (DPR) is presently 6,500.00%.

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.