Basf Stock Symbol in the Chemicals Industry

Author

Reads 534

A black and white photo of a vintage BASF reel-to-reel tape with Led Zeppelin tracklist.
Credit: pexels.com, A black and white photo of a vintage BASF reel-to-reel tape with Led Zeppelin tracklist.

BASF is a multinational chemical company with a rich history dating back to 1865.

The company's stock symbol is BAS, which is listed on the Frankfurt Stock Exchange.

BASF is one of the largest chemical companies in the world, with operations in over 80 countries.

The company's diverse portfolio includes chemicals, materials, and crop protection products.

BASF's stock is traded on the Xetra platform, which is the electronic trading platform of the Frankfurt Stock Exchange.

Investors can buy and sell BAS shares through various online brokerages and trading platforms.

A different take: Dow Chemical Stock Symbol

Financial Performance

BASF's financial performance for 2024 is a mixed bag. The company's EBITDA before special items came in at EUR 7.9 billion.

The chemicals segment demand weakened in the fourth quarter, but this was offset by strong results from the agricultural solutions business. This highlights the importance of diversification in a company's portfolio.

BASF's free cash flow was a respectable EUR 0.7 billion, indicating that the company has a solid financial foundation.

BASF vs. S&P

Chemical test with empty flask mounted on ring stand while burner under flask and tubes filled with reagents in modern lab
Credit: pexels.com, Chemical test with empty flask mounted on ring stand while burner under flask and tubes filled with reagents in modern lab

BASF has outperformed the S&P in the 5-year period, with a return of +14.19% compared to the S&P's +91.99%.

The S&P has had a significantly higher return than BASF over the past year, with a +17.58% increase compared to BASF's +7.94%.

BASF's 5-year annualized return is +2.69%, which is lower than the S&P's +13.93%.

Here's a comparison of BASF and S&P's returns over different time periods:

BASF's return since its IPO is +1,646%, which is significantly higher than the S&P's +1,338%.

DAX Gains as Siemens Seeks Growth

The DAX is gaining momentum, and it's all thanks to Germany's investments picking up steam. Germany's investments have grown after a lackluster start to the year.

BASF and Siemens are leading the charge, but they're looking to the long run for gains. BASF and Siemens are key players in the DAX.

Germany's economic growth is starting to show, and it's a welcome change from the slow start to the year.

For your interest: Stock Symbol for Siemens

Earnings Announcement Aligns with Outlook as Agriculture Recovers

Factory
Credit: pexels.com, Factory

BASF's preliminary earnings announcement is in line with their outlook, thanks to a recovering agriculture business.

The company's EBITDA before special items came in at EUR 7.9 billion.

Management highlighted the group's free cash flow of EUR 0.7 billion.

Adjusted EBITDA was just shy of our forecast, mainly due to weakened chemicals-segment demand in the fourth quarter.

However, strong results from the agricultural solutions segment helped offset this weakness.

Chemicals Industry Comparables

In the chemicals industry, market capitalization is a key factor to consider. Shin-Etsu Chemical Co Ltd has a market capitalization of $62.1 billion.

The company's capital allocation is also worth noting, with one of its DRs (Shin-Etsu Chemical Co Ltd DR) having a capital allocation of Zqmjnc. Basf SE, another major player in the industry, has a market capitalization of $45.8 billion and a capital allocation of Spswqtv.

Dow Inc has a market capitalization of $27.5 billion and a capital allocation of Wsmcpm. Nippon Sanso Holdings Corp has a market capitalization of $12.9 billion and a capital allocation of Kcpjsh.

Here's a table summarizing the market capitalization and capital allocation of some major chemicals companies:

Stock Details

Credit: youtube.com, DOW, BASF & LYB Dividend Stocks Offer 2X Upside & 7% Yield

BASF's stock details are quite interesting. The company's registered shares with no par value total 892,522,164.

Let's take a closer look at the BASF stock symbol, which is a unique identifier for the company's stock. It's a crucial piece of information for investors and traders.

The total number of BASF registered shares with no par value is a significant figure, giving us an idea of the company's capital structure.

Key Information

BASF's stock is currently trading at 48.75 EUR, which is the same as its high and low for the day. This indicates a stable market for the company.

The bid price is 48.71 EUR, while the offer price is 48.79 EUR. This means that investors are willing to buy the stock at 48.71 EUR and sell it at 48.79 EUR.

The previous close was 48.73 EUR, showing a slight increase in the stock's value. The average volume of shares traded is 161.21k, indicating moderate trading activity.

For another approach, see: Intraday Trading Chart

Credit: youtube.com, BASF India Stock Analysis: Price Action, Support, Resistance & Key Technical Indicators

The shares outstanding for BASF are 892.52 million, which is also the same as the free float. This means that all the shares are available for trading.

The market capitalization of BASF is 43.73 billion EUR, which is a significant value for the company. The price-to-earnings ratio (P/E) is 87.82, indicating that investors are willing to pay a high price for the company's earnings.

The earnings per share (EPS) for the trailing 12 months (TTM) is 0.558 EUR, which is a relatively low value. The annual dividend (ADY) for BASF is 3.40 EUR, yielding 7.00% per annum.

You might like: Market Price per Share

Analysis and Opinion

BASF SE, the German chemical giant, has been facing tough times, but it's possible that the worst is over. The company's stock has been struggling, but a recent analysis suggests that it's time to reassess its potential.

The question on everyone's mind is whether BASF SE can turn things around. The company's financials have been a concern, but a closer look at its operations reveals some promising signs. For instance, its recent cost-cutting measures have started to bear fruit, and its R&D efforts are showing promise.

Check this out: Scor Se Stock Price

Credit: youtube.com, Why BASF Leaving Europe Is Great - $BASF Stock Analysis

As the company continues to navigate these challenging times, it's essential to keep a close eye on its progress. Will it be able to regain its footing and become a leader in the market once again? Only time will tell, but for now, it's worth keeping an open mind and considering the possibilities.

Analysts' Recommendations: BASF SE

BASF SE has received a mix of ratings from analysts in recent days. DZ Bank has reaffirmed its Buy rating.

Several analysts have downgraded their ratings for BASF SE. M.M.Warburg & Co. is one of them, downgrading the company to Hold and lifting its price target.

BASF SE has also received downgrades from other analysts. Berenberg downgraded the company to Hold on February 18th.

Deutsche Bank has reaffirmed its Buy rating for BASF SE. This is in contrast to the downgrades from other analysts.

Here is a summary of the recent ratings:

BASF SE's ratings from analysts are subject to change. It's essential to keep an eye on these updates to make informed decisions.

Analysis / Opinion

High-angle view of financial charts, showcasing stock market analysis with magnifying glass and highlighters.
Credit: pexels.com, High-angle view of financial charts, showcasing stock market analysis with magnifying glass and highlighters.

BASF SE's financial situation has been a topic of concern in recent times, but it's worth noting that the company has been working to recover from its losses.

The worst may be over for BASF SE, as indicated by some recent positive trends.

The company has been taking steps to reduce costs and improve efficiency, which should help it get back on track.

BASF SE has a long history of innovation and success, and it's likely that the company will continue to bounce back from its current challenges.

The company's efforts to diversify its portfolio and reduce its dependence on a few key products are also a positive sign for the future.

BASF SE's commitment to sustainability and environmental responsibility is also an important factor in its recovery, as it helps the company to stay ahead of the curve in terms of industry trends.

Ruben Quitzon

Lead Assigning Editor

Ruben Quitzon is a seasoned assigning editor with a keen eye for detail and a passion for storytelling. With a background in finance and journalism, Ruben has honed his expertise in covering complex topics with clarity and precision. Throughout his career, Ruben has assigned and edited articles on a wide range of topics, including the banking sectors of Belgium, Luxembourg, and the Netherlands.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.