Brenntag (OTCMKTS:BNTGY – Get Free Report) issued its earnings results on Thursday. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.28), Zacks reports. The business had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $4.22 billion. Brenntag had a net margin of 2.66% and a return on equity of 9.14%.
Brenntag Stock Performance
Shares of OTCMKTS:BNTGY traded up $0.01 during trading on Friday, hitting $11.18. The company’s stock had a trading volume of 2,142 shares, compared to its average volume of 44,753. The company has a market capitalization of $8.07 billion, a PE ratio of 17.47 and a beta of 0.75. Brenntag has a fifty-two week low of $10.19 and a fifty-two week high of $14.50. The stock’s 50-day moving average price is $12.10 and its two-hundred day moving average price is $11.77.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on BNTGY. Barclays upgraded Brenntag to a “hold” rating in a report on Thursday, January 15th. Citigroup reaffirmed a “neutral” rating on shares of Brenntag in a research report on Friday, November 14th. Finally, Morgan Stanley lowered Brenntag from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 6th. Six research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $12.80.
Brenntag Company Profile
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.
Further Reading
- Five stocks we like better than Brenntag
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
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.
