BAK (Braskem S.A. ADR): Time to Pay Attention?

In the latest session, Braskem S.A. ADR (NYSE: BAK) closed at $8.20 up 2.24% from its previous closing price of $8.02. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 787332 shares were traded.

Ratios:

For a deeper understanding of Braskem S.A. ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 11.44 whereas as Long-Term Debt/Eq ratio is at 10.77.

On July 05, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $11.50 to $11.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BAK now has a Market Capitalization of 3.26B and an Enterprise Value of 11.63B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 3.26. Its current Enterprise Value per Revenue stands at 0.16 whereas that against EBITDA is 3.54.

Stock Price History:

Over the past 52 weeks, BAK has reached a high of $12.67, while it has fallen to a 52-week low of $6.26. The 50-Day Moving Average of the stock is 7.82, while the 200-Day Moving Average is calculated to be 8.73.

Shares Statistics:

For the past three months, BAK has traded an average of 1.09M shares per day and 878.15k over the past ten days. A total of 172.20M shares are outstanding, with a floating share count of 172.20M. Shares short for BAK as of Feb 15, 2024 were 2.36M with a Short Ratio of 2.34, compared to 2.27M on Jan 12, 2024.

Earnings Estimates

There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.55 for the current quarter, with a high estimate of -$0.55 and a low estimate of -$0.55, while EPS last year was -$0.81. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$2.16 and -$2.16 for the fiscal current year, implying an average EPS of -$2.16. EPS for the following year is -$0.98, with 1 analysts recommending between -$0.98 and -$0.98.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for BAK’s current fiscal year. The highest revenue estimate was $14.03B, while the lowest revenue estimate was $14.03B, resulting in an average revenue estimate of $14.03B. In the same quarter a year ago, actual revenue was $18.7B, down -25.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $14.39B in the next fiscal year. The high estimate is $14.39B and the low estimate is $14.39B. The average revenue growth estimate for next year is up 2.60% from the average revenue estimate for this year.

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