Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Releases Quarterly Earnings Results

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) posted its quarterly earnings results on Friday. The company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.68 by ($1.10), Zacks reports. The company had revenue of $37.70 billion during the quarter, compared to the consensus estimate of $43.77 billion. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 5.48% and a return on equity of 8.67%.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Shares of OTCMKTS:BAMXF opened at $87.13 on Friday. The company’s fifty day moving average is $83.36 and its two-hundred day moving average is $81.79. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.65. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of $68.86 and a 12-month high of $123.75. The company has a market cap of $50.52 billion, a P/E ratio of 6.21 and a beta of 0.91.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft 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.