Basf Se (OTCMKTS:BASFY) Given Consensus Rating of “Reduce” by Brokerages

Basf Se (OTCMKTS:BASFY) has been given an average rating of “Reduce” by the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company.

Several equities research analysts have recently issued reports on the company. Redburn Atlantic raised Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. BNP Paribas reaffirmed an “underperform” rating on shares of Basf in a research report on Monday.

Basf Trading Down 0.1 %

Shares of OTCMKTS:BASFY opened at $13.62 on Tuesday. The company has a market cap of $49.27 billion, a P/E ratio of 227.00, a P/E/G ratio of 1.11 and a beta of 1.30. The stock’s 50-day moving average is $13.37 and its 200-day moving average is $12.46. Basf has a 52-week low of $10.66 and a 52-week high of $14.89. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.11 and a current ratio of 1.98.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Friday, February 23rd. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $17.09 billion during the quarter. Basf had a net margin of 0.32% and a return on equity of 6.25%. Equities research analysts predict that Basf will post 0.85 earnings per share for the current year.

Basf Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 29th will be paid a $0.6594 dividend. The ex-dividend date is Friday, April 26th. This is a boost from Basf’s previous dividend of $0.64. Basf’s dividend payout ratio (DPR) is presently 1,083.33%.

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.