Brenntag (BNTGY) Expected to Post Quarterly Earnings on Wednesday

Brenntag (OTCMKTS:BNTGY) is expected to be posting its results before the market opens on Wednesday, August 12th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $4.6255 billion for the quarter.

Brenntag (OTCMKTS:BNTGY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The business had revenue of $4.29 billion during the quarter, compared to analyst estimates of $4.33 billion. Brenntag had a return on equity of 5.28% and a net margin of 1.55%. On average, analysts expect Brenntag to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Brenntag Stock Performance

Shares of BNTGY stock opened at $14.40 on Wednesday. The stock’s fifty day moving average is $13.02 and its 200-day moving average is $12.93. The stock has a market capitalization of $10.40 billion, a PE ratio of 38.93 and a beta of 0.63. Brenntag has a 52 week low of $10.19 and a 52 week high of $14.97.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on BNTGY shares. Morgan Stanley reaffirmed an “underweight” rating on shares of Brenntag in a report on Friday, May 15th. Jefferies Financial Group raised shares of Brenntag from a “moderate sell” rating to a “hold” rating in a report on Wednesday, May 20th. DZ Bank upgraded shares of Brenntag from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft downgraded shares of Brenntag from a “buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, UBS Group raised shares of Brenntag from a “sell” rating to a “neutral” rating in a report on Thursday, April 30th. Eight analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price 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.