Basf (OTCMKTS:BASFY - Get Free Report) will likely be posting its quarterly earnings results on Friday, February 28th. Analysts expect Basf to post earnings of $0.11 per share and revenue of $15.79 billion for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Basf Trading Up 1.2 %
Basf stock traded up $0.15 during midday trading on Friday, reaching $12.70. 110,203 shares of the stock traded hands, compared to its average volume of 258,444. The company has a 50-day simple moving average of $11.63 and a two-hundred day simple moving average of $11.91. The company has a current ratio of 1.87, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. The firm has a market cap of $45.34 billion, a PE ratio of 79.38, a price-to-earnings-growth ratio of 2.26 and a beta of 1.19. Basf has a 12-month low of $10.57 and a 12-month high of $14.89.
Analysts Set New Price Targets
A number of analysts have weighed in on the stock. Berenberg Bank downgraded shares of Basf from a "buy" rating to a "hold" rating in a research report on Tuesday. The Goldman Sachs Group upgraded shares of Basf from a "neutral" rating to a "buy" rating in a research report on Monday, November 11th. Finally, Jefferies Financial Group raised Basf from a "hold" rating to a "buy" rating in a report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Basf currently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on BASFY
Basf Company Profile
(
Get Free Report)
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.
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