Bayerische Motoren Werke (BAMXF) Projected to Post Quarterly Earnings on Wednesday

Bayerische Motoren Werke (OTCMKTS:BAMXF) will likely be announcing its resultson Wednesday, May 6th. Analysts expect the company to announce earnings of $3.12 per share and revenue of $37.9007 billion for the quarter.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its earnings results on Thursday, March 12th. The company reported $3.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $1.19. Bayerische Motoren Werke had a net margin of 5.45% and a return on equity of 7.63%. The firm had revenue of $39.27 billion during the quarter, compared to analyst estimates of $43.71 billion.

Bayerische Motoren Werke Stock Performance

Shares of BAMXF opened at $91.71 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.12 and a debt-to-equity ratio of 0.70. The stock has a market cap of $53.17 billion, a P/E ratio of 6.85 and a beta of 0.61. The business’s 50 day moving average price is $94.59 and its 200-day moving average price is $99.09. Bayerische Motoren Werke has a 52 week low of $81.94 and a 52 week high of $113.10.

Analysts Set New Price Targets

A number of research analysts have issued reports on BAMXF shares. Dbs Bank upgraded Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 16th. Barclays downgraded Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. DZ Bank raised Bayerische Motoren Werke to a “strong-buy” rating in a research report on Thursday, February 19th. Berenberg Bank downgraded shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 17th. Finally, UBS Group lowered shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls?Royce marques. BMW’s product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high?performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug?in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.