Brenntag (OTCMKTS:BNTGY – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.04, Zacks reports. Brenntag had a net margin of 1.55% and a return on equity of 5.28%.
Brenntag Price Performance
Brenntag stock traded down $0.36 during trading hours on Wednesday, hitting $14.10. The company had a trading volume of 2,990 shares, compared to its average volume of 44,056. The firm has a market cap of $10.18 billion, a PE ratio of 38.11 and a beta of 0.63. The firm has a 50-day moving average of $13.17 and a 200 day moving average of $13.04. Brenntag has a one year low of $10.19 and a one year high of $14.97.
Analyst Ratings Changes
A number of analysts recently issued reports on BNTGY shares. Morgan Stanley reaffirmed an “underweight” rating on shares of Brenntag in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft downgraded Brenntag from a “buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Jefferies Financial Group upgraded Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. UBS Group raised shares of Brenntag from a “sell” rating to a “neutral” rating in a research note on Thursday, April 30th. Finally, DZ Bank upgraded shares of Brenntag from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Eight investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $12.80.
About Brenntag
Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.
Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.
Featured Stories
- Five stocks we like better than Brenntag
- Visa’s AI Opportunity Is Hiding in Every Transaction
- On Holding’s Price Stumble May Be an Opening for a Company Built to Run
- TSMC’s 44.7% Sales Surge Signals the AI Boom Is Still Alive
- CoreWeave’s $129 Billion AI Backlog Changes the Bull Case
Receive News & Ratings for Brenntag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brenntag and related companies with MarketBeat.com's FREE daily email newsletter.
