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NYSE:BAK

Braskem (BAK) Stock Price, News & Analysis

$7.38
-0.09 (-1.21%)
(As of 05/29/2024 ET)
Today's Range
$7.31
$7.44
50-Day Range
$7.32
$10.91
52-Week Range
$6.30
$12.67
Volume
634,457 shs
Average Volume
897,047 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.00

Braskem MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
239.0% Upside
$25.00 Price Target
Short Interest
Healthy
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.05mentions of Braskem in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.71) to ($0.28) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

BAK stock logo

About Braskem Stock (NYSE:BAK)

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells olefins, including ethylene, polymer and chemical grade propylene, butadiene, and butene-1; benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins. This segment also produces and sells polyethylene (PE) and polypropylene (PP); supplies electricity and other inputs to second-generation producers; produces and sells of PE, including the production of green PE from renewable resources; and produces and sells polyvinyl chloride and caustic soda. The United States and Europe segment produces and sells PP in the United States and Germany. The Mexico segment produces and sells ethylene, high-density PE, and low-density PE in Mexico. It also manufactures, sells, imports, and exports chemicals, petrochemicals, and fules; produces, supplies, and sells utilities, such as steam, water, compressed air, and industrial gases; and provides industrial services. The company was formerly known as Copene Petroquímica do Nordeste S.A. and changed its name to Braskem S.A. in 2002. Braskem S.A. was founded in 1972 and is headquartered in São Paulo, Brazil.

BAK Stock Price History

BAK Stock News Headlines

Braskem: Q1 Earnings Snapshot
Best Bank Account Bonuses of May 2024
Braskem S.A. (BAK) Q4 2023 Earnings Call Transcript
BAK Stock Earnings: Braskem Misses EPS for Q4 2023
Recap: Braskem Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
3/19/2024
Today
5/29/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Employees
8,569
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$40.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+239.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-917,170,000.00
Pretax Margin
-12.21%

Debt

Sales & Book Value

Annual Sales
$69.04 billion
Cash Flow
$0.28 per share
Book Value
$1.45 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.33 billion
Optionable
Not Optionable
Beta
2.00
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Key Executives

  • Mr. Roberto Bischoff (Age 68)
    Chief Executive Officer
  • Mr. Pedro van Langendonck Teixeira de Freitas (Age 49)
    CFO and Head of Procurement & Institutional Relation
  • Mr. João Henrique Rittershaussen (Age 60)
    Executive Officer and Head of Investments & Digital Technologies
  • Mr. Everson Bassinello
    Chief Compliance Officer
  • Ms. Cristiana Lapa (Age 47)
    General Counsel & Corporate Governance Officer
  • Mr. Marcelo Arantes De Carvalho (Age 56)
    Executive Officer and Head of People, Communication, Marketing & Sustainable Development
  • Mr. Marcelo de Oliveira Cerqueira (Age 59)
    Executive Officer and Head of Brazil Manufacturing & Global Industrial Operations
  • Mr. Edison Terra Filho (Age 52)
    Executive Officer and Head of the Olefins & Polyolefins South America
  • Dr. Daniel P. MacEachran
    Head of Metabolic Engineering
  • Pedro Teixeira de Carvalho
    Investor Relations and Corporate Finance Director

BAK Stock Analysis - Frequently Asked Questions

Should I buy or sell Braskem stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Braskem in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BAK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BAK, but not buy additional shares or sell existing shares.
View BAK analyst ratings
or view top-rated stocks.

What is Braskem's stock price target for 2024?

4 equities research analysts have issued 12-month price objectives for Braskem's shares. Their BAK share price targets range from $10.00 to $40.00. On average, they anticipate the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 239.0% from the stock's current price.
View analysts price targets for BAK
or view top-rated stocks among Wall Street analysts.

How have BAK shares performed in 2024?

Braskem's stock was trading at $8.82 at the beginning of the year. Since then, BAK shares have decreased by 16.4% and is now trading at $7.3750.
View the best growth stocks for 2024 here
.

Are investors shorting Braskem?

Braskem saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 871,700 shares, a decline of 45.5% from the April 30th total of 1,600,000 shares. Based on an average daily trading volume, of 960,900 shares, the short-interest ratio is presently 0.9 days.
View Braskem's Short Interest
.

When is Braskem's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our BAK earnings forecast
.

How were Braskem's earnings last quarter?

Braskem S.A. (NYSE:BAK) issued its quarterly earnings results on Thursday, May, 9th. The company reported ($0.68) EPS for the quarter, missing analysts' consensus estimates of ($0.56) by $0.12. The company had revenue of $3.44 billion for the quarter, compared to analysts' expectations of $3.54 billion. Braskem had a negative trailing twelve-month return on equity of 146.26% and a negative net margin of 8.98%.

What is Roberto Lopes Pontes Simões' approval rating as Braskem's CEO?

31 employees have rated Braskem Chief Executive Officer Roberto Lopes Pontes Simões on Glassdoor.com. Roberto Lopes Pontes Simões has an approval rating of 100% among the company's employees. This puts Roberto Lopes Pontes Simões in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Braskem own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Braskem investors own include Amarin (AMRN), Enterprise Products Partners (EPD), Micron Technology (MU), Pfizer (PFE), AT&T (T), AbbVie (ABBV), Aduro Biotech (ADRO), Armata Pharmaceuticals (ARMP), CRISPR Therapeutics (CRSP) and Chevron (CVX).

Who are Braskem's major shareholders?

Braskem's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (0.13%), Boston Partners (0.00%) and Centric Wealth Management (0.00%).

How do I buy shares of Braskem?

Shares of BAK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BAK) was last updated on 5/30/2024 by MarketBeat.com Staff

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