ValuEngine Downgrades Bayerische Motoren Werke (BAMXF) to Strong Sell

Bayerische Motoren Werke (OTCMKTS:BAMXF) was downgraded by research analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued on Friday.

Several other analysts have also recently issued reports on BAMXF. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Bayerische Motoren Werke in a research report on Tuesday, August 28th. Zacks Investment Research cut Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a research report on Monday, July 9th. Finally, DZ Bank reiterated a “neutral” rating on shares of Bayerische Motoren Werke in a research report on Friday, August 3rd.

OTCMKTS:BAMXF opened at $88.44 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.89 and a current ratio of 1.11. Bayerische Motoren Werke has a 12-month low of $81.64 and a 12-month high of $118.25.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its earnings results on Thursday, August 2nd. The company reported $3.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.61 by $0.12. Bayerische Motoren Werke had a return on equity of 16.02% and a net margin of 8.94%. The firm had revenue of $29.86 billion during the quarter, compared to analysts’ expectations of $29.05 billion. On average, sell-side analysts forecast that Bayerische Motoren Werke will post 11.81 EPS for the current year.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells automobiles and off-road vehicles under the BMW, MINI, and Rolls-Royce brands; and spare parts and accessories, as well as offers mobility services.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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