Basf (BASFY) to Release Quarterly Earnings on Friday

Basf (OTCMKTS:BASFY) is expected to post its quarterly earnings results on Friday, February 28th. Analysts expect Basf to post earnings of $0.11 per share and revenue of $15.70 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Basf Stock Performance

Shares of BASFY stock opened at $12.55 on Friday. Basf has a 52-week low of $10.57 and a 52-week high of $14.89. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. The stock’s 50-day moving average price is $11.63 and its 200 day moving average price is $11.91. The stock has a market capitalization of $44.80 billion, a PE ratio of 78.44, a price-to-earnings-growth ratio of 2.38 and a beta of 1.19.

Analyst Upgrades and Downgrades

BASFY has been the subject of several analyst reports. Jefferies Financial Group raised shares of Basf from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th. Berenberg Bank cut Basf from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, The Goldman Sachs Group raised shares of Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Basf has a consensus rating of “Hold”.

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.