Basf(BASFY)
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BASF (BASFY) Divests Bioenergy Enzymes Business to Lallemand
ZACKS· 2024-06-04 15:31
Carpenter Technology currently sports a Zacks Rank of 1. CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.1%. The company's shares have soared 143.2% in the past year. The Zacks Consensus Estimate for Ecolab's current year earnings is pegged at $6.56 per share, indicating a year-over-year rise of 25.9%. The consensus estimate for ECL's current-year earnings has gone up in the past 30 days. ECL, which currently carries a Zacks Rank of 2, bea ...
Is BASF (BASFY) Stock Undervalued Right Now?
ZACKS· 2024-06-04 14:45
Core Viewpoint - The article emphasizes the importance of value investing and highlights BASF (BASFY) as a strong value stock based on various valuation metrics [2][9]. Valuation Metrics - BASFY has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong performance potential [4]. - The stock's P/E ratio is 13.80, significantly lower than the industry average of 16.23, suggesting it may be undervalued [4]. - BASFY's PEG ratio is 0.96, compared to the industry average of 1.02, indicating favorable earnings growth expectations [5]. - The P/B ratio for BASFY is 1.20, which is attractive compared to the industry's average P/B of 2.12 [6]. - The P/S ratio for BASFY stands at 0.65, lower than the industry average of 0.93, reinforcing its undervaluation [7]. - BASFY's P/CF ratio is 8.69, which is appealing against the industry's average P/CF of 11.90, indicating solid cash flow prospects [8]. Conclusion - Overall, BASFY is characterized as likely being undervalued based on its strong earnings outlook and various favorable valuation metrics [9].
AFFF MDL PLANTIFFS' EXECUTIVE COMMITTEE LEADERSHIP STRIKES $316.5M DEAL WITH BASF FOR SAFER WATER
prnewswire.com· 2024-05-21 14:00
While BASF Corporation remains firm in its denial of wrongdoing or liability, the agreement to fund such a substantial settlement illustrates a strategic decision to resolve complex environmental challenges. BASF is the successor-in-interest to Ciba Corp., who manufactured, designed, sold, supplied, and distributed the fluorochemical surfactant Lodyne. This significant commitment to finance these efforts is essential in aiding public water systems and enhancing community health across the nation. Pending fi ...
BASF Corporation enters class settlement with U.S. public water systems
globenewswire.com· 2024-05-21 12:00
There are still several procedural and legal steps that must occur before the settlement is final and payments are made. The settlement is subject to approval by the MDL Court and other contingencies, and that process is expected to take several months. The class of public water systems included in this settlement broadly includes any public water system (as defined in the settlement agreement) that detected PFAS in its drinking water sources as of May 15, 2024. The following systems are excluded from the s ...
BASF (BASFY) to Expand Basoflux Production Capacity in Tarragona
Zacks Investment Research· 2024-05-15 15:36
BASF SE (BASFY) is set to expand the global production capacity of its Basoflux range of paraffin inhibitors at its Tarragona, Spain site. This investment will allow BASF's Oilfield Chemicals business to meet the growing demand for innovative paraffin inhibitors in the Oil & Gas industry. The additional production assets will improve efficiencies and flexibility, particularly in the production of new solutions such as more sustainable aqueous-based dispersion paraffin inhibitors and solvent-based products. ...
Basf(BASFY) - 2024 Q1 - Earnings Call Transcript
2024-04-25 09:48
Dirk Elvermann Dirk Elvermann Martin Brudermuller Yes. Thank you very much, dirk, really rewarding words. Always difficult to keep emotions under control at the very end. I would like to take that opportunity, first of all, to thank you all. I have always found that these exchanges have been very, very interesting. They have been effective. They have been also fair. And I have to say also, to a certain extent, amicably, you have to do your job and we have to do our jobs, but I enjoy very much the physical m ...
BASF: Capex To Increase While Cash Flow Suffers
Seeking Alpha· 2024-04-17 14:00
U. J. Alexander BASF's (OTCQX:BFFAF)(OTCQX:BASFY) 2023 annual report was characterized by the slogan 'Rethinking chemistry', reflecting the need to evolve and secure a license to operate in a world that puts more emphasis on emissions, a subject previously covered. This rethinking needs to be done in a challenging macro-environment which affects the bottom line of the company. While the company will be able to maintain the dividend, growth is still a few years out. In addition, material stock price appr ...
BASF (BASFY) to Feature Sustainable Solutions at CHINAPLAS
Zacks Investment Research· 2024-04-09 10:41
BASF SE (BASFY) will attend CHINAPLAS 2024, a landmark event in the plastic and rubber sectors, to showcase its latest additive products, which considerably improve the sustainability of diverse plastic applications. These solutions assist customers in the plastics industry in meeting their sustainability goals by boosting durability, lowering emissions and improving the performance and quality of recycled plastics.CHINAPLAS 2024 provides an excellent platform to invite BASF's customers to the company's pla ...
BASF (BASFY) Unveils AdBlue ZeroPCF With Lower Carbon Footprint
Zacks Investment Research· 2024-04-02 12:36
BASF SE (BASFY) has launched AdBlue ZeroPCF as the first AdBlue product with a reduced carbon footprint. The company is now the first manufacturer to offer AdBlue in a ZeroPCF form, which has a certified CO2 footprint (product carbon footprint or PCF) of less than 0.05 kg per kilogram of AdBlue. The amount includes the CO2 emissions associated with the product during production up to the site gate. The market standard for fossil products is at least 0.4 kg in Europe.BASF's AdBlue ZeroPCF reduces PCF through ...
BASF's (BASFY) Isobionics Portfolio Unveils New Natural Flavor
Zacks Investment Research· 2024-03-14 15:41
BASF SE's (BASFY) Aroma Ingredients brand, Isobionics, is introducing a new natural product to the flavor market. Isobionics Natural beta-Caryophyllene 80 is the company's most recent addition to the Isobionics portfolio, demonstrating its commitment to creating natural flavors based on client demand. Isobionics Natural beta-Caryophyllene 80 will be showcased for the first time at the FlavourTalk Raw Materials Exhibition 2024, which will be held on Mar 20 at the Millennium Gloucester Hotel Conference Center ...