Basf Se (OTCMKTS:BASFY) – Investment analysts at Jefferies Financial Group reduced their Q3 2019 EPS estimates for shares of Basf in a research report issued to clients and investors on Monday, July 8th. Jefferies Financial Group analyst L. Alexander now anticipates that the basic materials company will post earnings of $0.25 per share for the quarter, down from their prior forecast of $0.29. Jefferies Financial Group also issued estimates for Basf’s Q4 2019 earnings at $0.26 EPS and FY2020 earnings at $1.56 EPS.
Basf (OTCMKTS:BASFY) last posted its earnings results on Friday, May 3rd. The basic materials company reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.09. Basf had a net margin of 6.94% and a return on equity of 14.01%. The firm had revenue of $18.37 billion for the quarter.
Basf stock opened at $16.81 on Wednesday. Basf has a 52 week low of $16.30 and a 52 week high of $24.75. The business’s 50 day moving average price is $17.29. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.35 and a current ratio of 1.84. The company has a market cap of $61.56 billion, a PE ratio of 9.72, a P/E/G ratio of 1.18 and a beta of 1.17.
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, such as isocyanates and polyamides, as well as inorganic basic products and specialties for plastic and plastic processing industries.
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