Braskem S.A. ADR (BAK) Stocks Reach New Highs at $8.71 During Trading Session

After finishing at $8.93 in the prior trading day, Braskem S.A. ADR (NYSE: BAK) closed at $8.71, down -2.46%. On the day, 700536 shares were traded.

Ratios:

Our goal is to gain a better understanding of BAK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 15.01 whereas as Long-Term Debt/Eq ratio is at 14.07.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 4.22.

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 $6.30.

Shares Statistics:

A total of 172.53M shares are outstanding, with a floating share count of 172.20M.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.5 for the current quarter, with a high estimate of -$0.5 and a low estimate of -$0.5, while EPS last year was $0.21. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.99 and -$0.99 for the fiscal current year, implying an average EPS of -$0.99. EPS for the following year is $0.55, with 1 analysts recommending between $0.55 and $0.55.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for BAK’s current fiscal year. The highest revenue estimate was $14.96B, while the lowest revenue estimate was $14.96B, resulting in an average revenue estimate of $14.96B. In the same quarter a year ago, actual revenue was $14.13B, up 5.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $15.75B in the next fiscal year. The high estimate is $15.75B and the low estimate is $15.75B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.

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