Bayerische Motoren Werke (OTCMKTS:BAMXF) Issues Earnings Results

Bayerische Motoren Werke (OTCMKTS:BAMXF) posted its earnings results on Thursday. The company reported $3.40 earnings per share for the quarter, topping the consensus estimate of $2.21 by $1.19, Zacks reports. Bayerische Motoren Werke had a net margin of 5.14% and a return on equity of 7.33%. The firm had revenue of $39.27 billion during the quarter, compared to the consensus estimate of $43.71 billion.

Bayerische Motoren Werke Price Performance

Shares of BAMXF stock traded down $1.45 during trading hours on Friday, reaching $91.06. The stock had a trading volume of 567 shares, compared to its average volume of 540. The stock’s fifty day simple moving average is $102.45 and its 200 day simple moving average is $100.81. The firm has a market capitalization of $52.80 billion, a PE ratio of 7.24 and a beta of 0.61. Bayerische Motoren Werke has a 12 month low of $68.23 and a 12 month high of $113.10. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 0.70.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on BAMXF shares. Barclays downgraded shares of Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. UBS Group downgraded Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Finally, DZ Bank raised Bayerische Motoren Werke to a “strong-buy” rating in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

About Bayerische Motoren Werke

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.