Brenntag (OTCMKTS:BNTGY) Issues Earnings Results

Brenntag (OTCMKTS:BNTGY) announced its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02), Zacks reports. The firm had revenue of $4.26 billion during the quarter, compared to analyst estimates of $3.84 billion. Brenntag had a net margin of 3.36% and a return on equity of 12.24%.

Brenntag Stock Down 3.6 %

Brenntag stock opened at $13.74 on Friday. The business’s 50-day moving average price is $12.70 and its 200 day moving average price is $13.13. The firm has a market cap of $9.92 billion, a price-to-earnings ratio of 16.97 and a beta of 1.08. Brenntag has a 52 week low of $11.09 and a 52 week high of $17.39.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays raised Brenntag from a “strong sell” rating to a “hold” rating in a report on Friday, January 17th. UBS Group lowered Brenntag from a “strong-buy” rating to a “hold” rating in a report on Friday, January 17th.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.