Brenntag (OTCMKTS:BNTGY – Get Free Report) released its earnings results on Wednesday. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.07), Zacks reports. The firm had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.70 billion. Brenntag had a net margin of 2.42% and a return on equity of 8.59%.
Brenntag Price Performance
BNTGY stock remained flat at $12.62 during mid-day trading on Friday. 25,880 shares of the company’s stock traded hands, compared to its average volume of 18,146. The firm has a market cap of $9.11 billion, a PE ratio of 20.69 and a beta of 0.61. The business has a fifty day simple moving average of $13.83 and a 200 day simple moving average of $13.34. Brenntag has a 1 year low of $10.19 and a 1 year high of $14.97.
Wall Street Analyst Weigh In
BNTGY has been the topic of several recent analyst reports. DZ Bank upgraded shares of Brenntag from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Morgan Stanley reiterated an “underweight” rating on shares of Brenntag in a research note on Friday, August 14th. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Brenntag currently has a consensus rating of “Reduce”.
Check Out Our Latest Analysis on BNTGY
Brenntag Company Profile
Brenntag is a global distributor of chemicals and ingredients, connecting chemical manufacturers with customers across a broad range of industries. The company supplies both industrial and specialty products and provides services such as blending, mixing, packaging, and product formulation. Its offerings support applications in sectors including manufacturing, food and nutrition, pharmaceuticals, personal care, and water treatment. Brenntag also provides logistics, supply-chain management, and technical support to help customers source and use chemical products.
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