Bayerische Motoren Werke (OTCMKTS:BAMXF) Sets New 12-Month Low – Here’s What Happened

Bayerische Motoren Werke AG (OTCMKTS:BAMXF) hit a new 52-week low on Friday . The company traded as low as $79.00 and last traded at $79.00, with a volume of 865 shares traded. The stock had previously closed at $83.00.

Analysts Set New Price Targets

BAMXF has been the subject of a number of research reports. DZ Bank upgraded shares of Bayerische Motoren Werke to a “strong-buy” rating in a research note on Thursday, February 19th. Berenberg Bank lowered shares of Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 17th. Finally, Dbs Bank upgraded shares of Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Performance

The firm has a market capitalization of $45.80 billion, a PE ratio of 6.09 and a beta of 0.59. The company has a current ratio of 1.17, a quick ratio of 0.86 and a debt-to-equity ratio of 0.72. The business’s 50 day simple moving average is $91.13 and its two-hundred day simple moving average is $98.02.

Bayerische Motoren Werke (OTCMKTS:BAMXF) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $3.14 EPS for the quarter, topping the consensus estimate of $2.77 by $0.37. The firm had revenue of $37.31 billion during the quarter, compared to analyst estimates of $37.25 billion. Bayerische Motoren Werke had a return on equity of 7.09% and a net margin of 5.22%.

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.