BNP Paribas (OTCMKTS:BNPQY – Get Free Report) announced its quarterly earnings data on Thursday. The financial services provider reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.13, Zacks reports. The firm had revenue of $86.05 billion during the quarter, compared to analyst estimates of $15.84 billion. BNP Paribas had a return on equity of 9.61% and a net margin of 23.86%.
BNP Paribas Stock Performance
BNPQY stock traded up $0.16 on Friday, reaching $52.65. The company’s stock had a trading volume of 137,763 shares, compared to its average volume of 345,630. BNP Paribas has a 52 week low of $37.50 and a 52 week high of $57.31. The company has a market capitalization of $116.00 billion, a P/E ratio of 8.91, a price-to-earnings-growth ratio of 0.66 and a beta of 0.76. The firm has a fifty day moving average of $51.55 and a two-hundred day moving average of $48.09. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.80.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on BNPQY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a report on Tuesday, February 17th. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a report on Thursday, April 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a report on Friday, February 6th. Zacks Research lowered BNP Paribas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Keefe, Bruyette & Woods raised BNP Paribas from a “hold” rating to a “moderate buy” rating in a report on Friday, March 6th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
About BNP Paribas
BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.
Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.
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