Basf (BASFY) Projected to Post Quarterly Earnings on Friday

Basf (OTCMKTS:BASFY) is projected to issue its quarterly earnings data on Friday, February 28th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $15.72 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Basf Stock Performance

BASFY opened at $12.90 on Thursday. The business has a fifty day simple moving average of $11.75 and a 200 day simple moving average of $11.96. The company has a market capitalization of $46.05 billion, a PE ratio of 80.63, a price-to-earnings-growth ratio of 2.30 and a beta of 1.19. Basf has a 1 year low of $10.57 and a 1 year high of $14.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.87 and a quick ratio of 1.03.

Analyst Ratings Changes

BASFY has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded Basf from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. The Goldman Sachs Group upgraded Basf from a “neutral” rating to a “buy” rating in a research report on Monday, November 11th. Finally, Berenberg Bank downgraded Basf from a “buy” rating to a “hold” rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently 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.