Bayerische Motoren Werke (OTCMKTS:BAMXF) Shares Gap Up – Still a Buy?

Bayerische Motoren Werke AG (OTCMKTS:BAMXF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $66.83, but opened at $70.01. Bayerische Motoren Werke shares last traded at $70.01, with a volume of 1,153 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on BAMXF shares. Berenberg Bank cut Bayerische Motoren Werke from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 17th. Dbs Bank raised shares of Bayerische Motoren Werke from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Stock Performance

The stock has a 50 day moving average price of $87.24 and a two-hundred day moving average price of $95.96. The company has a current ratio of 1.17, a quick ratio of 0.89 and a debt-to-equity ratio of 0.72. The company has a market cap of $40.59 billion, a price-to-earnings ratio of 5.40 and a beta of 0.59.

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

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.