Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Down on Analyst Downgrade

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped down prior to trading on Wednesday after UBS Group downgraded the stock from a strong-buy rating to a hold rating. The stock had previously closed at $110.51, but opened at $106.00. Bayerische Motoren Werke shares last traded at $105.85, with a volume of 307 shares changing hands.

Separately, Barclays downgraded Bayerische Motoren Werke from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bayerische Motoren Werke presently has an average rating of “Hold”.

Bayerische Motoren Werke Stock Performance

The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14. The firm has a market cap of $61.37 billion, a price-to-earnings ratio of 8.42 and a beta of 0.63. The stock’s fifty day moving average is $103.63 and its two-hundred day moving average is $99.84.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last released its quarterly earnings results on Wednesday, November 5th. The company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.03. The company had revenue of $37.92 billion for the quarter, compared to analysts’ expectations of $44.28 billion. Bayerische Motoren Werke had a return on equity of 7.33% and a net margin of 5.14%. On average, analysts expect that Bayerische Motoren Werke AG will post 13.38 earnings per share for the current fiscal year.

About Bayerische Motoren Werke

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.