Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Shares Down 1.1%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) shares were down 1.1% during mid-day trading on Monday . The stock traded as low as $31.35 and last traded at $31.40. Approximately 94,801 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 81,510 shares. The stock had previously closed at $31.74.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BMWYY shares. HSBC raised shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Tuesday. Hsbc Global Res raised shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, March 27th. 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 issued a strong buy rating to the stock. According to data from MarketBeat, Bayerische Motoren Werke Aktiengesellschaft presently has a consensus rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

The firm has a 50 day moving average price of $33.39 and a two-hundred day moving average price of $36.02. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.83 and a current ratio of 1.13. The company has a market cap of $58.59 billion, a P/E ratio of 5.35 and a beta of 1.10.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $1.60 EPS for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. The business had revenue of $39.75 billion for the quarter. On average, analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS 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. Shareholders of record on Friday, May 17th were paid a dividend of $1.5397 per share. The ex-dividend date of this dividend was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio 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.