Basf Se (BASFY) – What Are Analysts Thinking About This Stock?

Basf Se (OTCMKTS:BASFY) has earned a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Separately, Citigroup reissued a “buy” rating on shares of Basf in a report on Thursday, September 3rd.

Basf Stock Performance

OTCMKTS:BASFY opened at $14.46 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.85 and a quick ratio of 1.19. The firm has a 50-day moving average of $14.86 and a two-hundred day moving average of $14.73. The stock has a market cap of $51.62 billion, a P/E ratio of 20.78, a PEG ratio of 1.17 and a beta of 0.76. Basf has a 1-year low of $11.93 and a 1-year high of $16.25.

Basf (OTCMKTS:BASFY) last announced its earnings results on Wednesday, July 29th. The basic materials company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.13. Basf had a return on equity of 5.66% and a net margin of 9.40%. The company had revenue of $19.99 billion during the quarter, compared to the consensus estimate of $18.85 billion. On average, research analysts expect that Basf will post 0.82 earnings per share for the current fiscal year.

About Basf

BASF SE is a Germany-based global chemical company headquartered in Ludwigshafen, Germany. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by manufacturers and consumers in industries including automotive, construction, agriculture, food and nutrition, personal care, electronics, and energy.

Its business activities include the production of basic and specialty chemicals, plastics and performance materials, coatings and surface treatments, catalysts, agricultural solutions, nutrition and care ingredients, and industrial solutions.