Barclays Downgrades Bayerische Motoren Werke (OTCMKTS:BAMXF) to Strong Sell

Bayerische Motoren Werke (OTCMKTS:BAMXF) was downgraded by stock analysts at Barclays from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

Bayerische Motoren Werke Stock Performance

OTCMKTS:BAMXF opened at $107.16 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.14. Bayerische Motoren Werke has a fifty-two week low of $68.23 and a fifty-two week high of $113.10. The company has a 50 day simple moving average of $102.89 and a two-hundred day simple moving average of $99.30. The company has a market capitalization of $62.13 billion, a PE ratio of 8.53 and a beta of 0.63.

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

Bayerische Motoren Werke Company Profile

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.