Braskem stock: buy or sell?
November 15th, 2019
Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. Its Basic Petrochemicals segment offers olefins, such as ethylene, polymer and chemical grade propylene, butadiene, and butene-1; BTX products comprising benzene, para-xylene, and toluene; fuels, including automotive gasoline, liquefied petroleum gas, ethyl tertiary butyl ether, and methyl tertiary butyl ether; intermediates, such as cumene; and aliphatics, aromatics, and hydrogenates solvents, as well as specialties, such as isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins.
Should I buy Braskem stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Braskem stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Braskem stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for BAK stock for the last month.
Braskem stock analysis
After reaching all time highs on Monday, Braskem stayed steady 0.07% on Nov 15th to $13.86.
Braskem stayed steady 0.07% to $13.86 after reaching all time highs on Monday. BAK is retaking the upward trend marking a new rising bottom heading to break out over $15.33. On Monday, BAK hit new all time highs, pushing higher previous ATH of $15.31 recorded on November 8th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
After boosting a dazzling 7.53% in a week last week, Braskem closed this week at $13.86 and collapsed a frightening -7.60%.
It touched new all-time highs back again this week, peaking to $15.33.
Braskem stock price history
Braskem stock went public on October 24th with a price of $13.151. Since then, BAK stock grew a 5.40%, with an average of inf% per year. If you had invested $1,000 in Braskem stock in 2019, it would worth $54.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Braskem stock historical price chart
BAK stock reached all-time highs on Monday with a price of $15.33.
Braskem stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for Braskem stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when Braskem presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an extraordinary increase of 17.74% to $57,999.90 M USD. However, its income margin (compared to revenues) slightly fell to 4.94%, that is $2,866.68 million.
|2012||$36,160 M||-||$-1,010.00 M-2.8%||-|
|2013||$40,970 M||13.30%||$510 M1.2%||-150.47%|
|2014||$45,757 M||11.68%||$716 M1.6%||40.47%|
|2015||$47,562 M||3.95%||$3,002 M6.3%||319.24%|
|2016||$47,664 M||0.21%||$-411.47 M-0.9%||-113.71%|
|2017||$49,261 M||3.35%||$4,083 M8.3%||-1,092.29%|
|2018||$58,000 M||17.74%||$2,867 M4.9%||-29.79%|
Quarterly financial resultsBraskem reported $14,837.00 million in revenues for 2018-Q4, a -9.24% less compared to previous quarter. Reported quarter earnings marked $-78.00 M with a profit margin of -0.53%. Profit margin slipped a -8.75% compared to previous quarter when profit margin was 8.22%. When comparing sales to same quarter last year, Braskem sales marked an outstanding gain and rocketed a 17.49%.
|2017-Q1||$12,600 M||-||$1,800 M14.3%||-|
|2017-Q2||$11,870 M||-5.79%||$1,090 M9.2%||-39.44%|
|2017-Q3||$3,844 M||-67.61%||$253 M6.6%||-76.82%|
|2017-Q4||$12,629 M||228.51%||$386 M3.1%||52.86%|
|2018-Q1||$13,029 M||3.17%||$1,054 M8.1%||172.79%|
|2018-Q2||$13,786 M||5.81%||$547 M4.0%||-48.06%|
|2018-Q3||$16,348 M||18.58%||$1,344 M8.2%||145.64%|
|2018-Q4||$14,837 M||-9.24%||$-78 M-0.5%||-105.80%|
Braskem ownershipWhen you are planning to invest in a stock, it's always worth to overview its ownership structure.
Braskem shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.
In case of Braskem stock, 11.55% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BAK stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$5.5 B||$15.2 B||$100.7 B||$1.9 M|
|Total shares||397.9 M||120.9 M||6,520.0 M||12.6 M|
|Float shares||101.0 M||120.1 M||3,740.0 M||9.5 M|
|- Institutional holdings (%)||11.6%||105.7%||12.8%||7.3%|
|- Insider holdings (%)||0.0%||0.6%||0.1%||29.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, November 15th, 2019|
|Day range||$13.85 - $14.02|
|Average true range||$0.00|
|50d mov avg||$0.00|
|100d mov avg||$0.00|
|200d mov avg||$0.00|
Braskem performanceTo better understand Braskem performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Braskem to Celanese, and Yield10 Bioscience:
Braskem competitorsOne check before investing in any stock is to review a list of its competitors, in this case for Braskem. We picked 3 companies as Braskem competitors as they are in the same industry or have similar market objectives.
Latest Braskem stock news
- Seeking AlphaBraskem Buffeted By Challenges On All SidesJuly 9, 2019