Brenntag (OTCMKTS:BNTGY – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.07), Zacks reports. Brenntag had a net margin of 2.41% and a return on equity of 8.30%.
Brenntag Stock Performance
BNTGY stock traded down $0.66 during midday trading on Wednesday, reaching $13.07. 50,242 shares of the company’s stock traded hands, compared to its average volume of 35,968. The firm has a market capitalization of $9.44 billion, a PE ratio of 22.15 and a beta of 0.61. The company has a 50-day moving average price of $13.89 and a two-hundred day moving average price of $13.33. Brenntag has a 52 week low of $10.19 and a 52 week high of $14.97.
Analyst Ratings Changes
BNTGY has been the topic of a number of research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Brenntag in a research note on Friday, August 14th. DZ Bank raised Brenntag from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Brenntag currently has an average rating of “Reduce”.
View Our Latest Analysis on BNTGY
Brenntag Company Profile
Brenntag is a global distributor of chemicals and ingredients, connecting chemical manufacturers with customers across a broad range of industries. The company supplies both industrial and specialty products and provides services such as blending, mixing, packaging, and product formulation. Its offerings support applications in sectors including manufacturing, food and nutrition, pharmaceuticals, personal care, and water treatment. Brenntag also provides logistics, supply-chain management, and technical support to help customers source and use chemical products.
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