Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Raised to “Strong-Buy” at Hsbc Global Res

Hsbc Global Res upgraded shares of Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) from a hold rating to a strong-buy rating in a report issued on Tuesday, Zacks.com reports.

Several other equities research analysts have also recently issued reports on BMWYY. Jefferies Financial Group reaffirmed a hold rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, March 27th. HSBC upgraded Bayerische Motoren Werke Aktiengesellschaft from a hold rating to a buy rating in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Bayerische Motoren Werke Aktiengesellschaft currently has an average rating of Hold.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Bayerische Motoren Werke Aktiengesellschaft stock opened at $32.92 on Tuesday. The company’s fifty day moving average price is $33.32 and its 200 day moving average price is $36.00. Bayerische Motoren Werke Aktiengesellschaft has a 1 year low of $30.80 and a 1 year high of $41.65. The stock has a market capitalization of $59.51 billion, a P/E ratio of 5.43 and a beta of 1.10. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.83 and a current ratio of 1.13.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last released its quarterly earnings results on Wednesday, May 8th. The company reported $1.60 earnings per share (EPS) for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 7.01% and a return on equity of 11.70%. The firm had revenue of $39.75 billion for the quarter. As a group, equities research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 earnings per share for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were issued a $1.5397 dividend. The ex-dividend date was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s dividend payout ratio (DPR) is currently 25.74%.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.