Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) to Post FY2021 Earnings of $16.93 Per Share, Jefferies Financial Group Forecasts

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) – Analysts at Jefferies Financial Group increased their FY2021 earnings per share estimates for Bayerische Motoren Werke Aktiengesellschaft in a report issued on Sunday, June 6th. Jefferies Financial Group analyst P. Houchois now forecasts that the company will post earnings of $16.93 per share for the year, up from their previous estimate of $14.05. Jefferies Financial Group has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Bayerische Motoren Werke Aktiengesellschaft’s FY2022 earnings at $16.81 EPS and FY2023 earnings at $18.08 EPS.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last issued its quarterly earnings data on Friday, May 7th. The company reported $5.14 earnings per share (EPS) for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 10.24% and a net margin of 6.05%. The business had revenue of $32.28 billion for the quarter, compared to the consensus estimate of $30.84 billion.

BAMXF has been the topic of several other reports. Zacks Investment Research upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating and set a $118.00 target price on the stock in a research report on Tuesday, April 6th. Kepler Capital Markets restated a “sell” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Friday, March 19th. Finally, DZ Bank restated a “buy” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Friday, May 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Bayerische Motoren Werke Aktiengesellschaft currently has a consensus rating of “Hold” and a consensus target price of $118.00.

OTCMKTS BAMXF opened at $112.50 on Wednesday. The stock’s 50-day simple moving average is $105.03. Bayerische Motoren Werke Aktiengesellschaft has a twelve month low of $62.10 and a twelve month high of $116.79. The stock has a market capitalization of $67.71 billion, a P/E ratio of 10.28 and a beta of 1.25. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.93.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke AG, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment develops, manufactures, assembles, and sells automobiles and off-road vehicles under the BMW, MINI, and Rolls-Royce brands; and spare parts and accessories, as well as offers mobility services.

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Earnings History and Estimates for Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF)

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