Bayerische Motoren Werke (OTCMKTS:BAMXF) Releases Quarterly Earnings Results, Beats Estimates By $1.19 EPS

Bayerische Motoren Werke (OTCMKTS:BAMXF) announced its quarterly earnings data on Thursday. The company reported $3.40 EPS for the quarter, beating the consensus estimate of $2.21 by $1.19, Zacks reports. The company had revenue of $39.27 billion for the quarter, compared to the consensus estimate of $43.71 billion. Bayerische Motoren Werke had a net margin of 5.14% and a return on equity of 7.33%.

Bayerische Motoren Werke Stock Down 1.6%

BAMXF traded down $1.45 during trading on Friday, reaching $91.06. 567 shares of the stock were exchanged, compared to its average volume of 540. Bayerische Motoren Werke has a twelve month low of $68.23 and a twelve month high of $113.10. The stock has a market cap of $52.80 billion, a P/E ratio of 7.24 and a beta of 0.61. The stock’s 50 day moving average price is $102.45 and its two-hundred day moving average price is $100.81. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14.

Wall Street Analysts Forecast Growth

BAMXF has been the subject of a number of research analyst reports. UBS Group lowered Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Barclays lowered shares of Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. Finally, DZ Bank upgraded shares of Bayerische Motoren Werke to a “strong-buy” rating in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls‑Royce marques. BMW’s product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high‑performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug‑in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.