Braskem S.A. (BAK)

NYSE: BAK · IEX Real-Time Price · USD
9.23
+0.33 (3.71%)
Jan 31, 2023, 4:00 PM EST - Market closed
3.71%
Market Cap 3.67B
Revenue (ttm) 18.96B
Net Income (ttm) 2.51B
Shares Out 398.15M
EPS (ttm) 6.31
PE Ratio 9.86
Forward PE 4.65
Dividend n/a
Ex-Dividend Date n/a
Volume 374,358
Open 9.15
Previous Close 8.90
Day's Range 9.12 - 9.25
52-Week Range 8.23 - 21.22
Beta 0.77
Analysts Buy
Price Target 17.68 (+91.55%)
Earnings Date Mar 16, 2023

About BAK

Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells chemicals, including ethylene, polymer and chemical grade propylene, butadiene, butene-1, benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; a... [Read more]

Industry Chemicals
Sector Materials
Founded 1972
Employees 8,312
Stock Exchange NYSE
Ticker Symbol BAK
Full Company Profile

Financial Performance

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for BAK stock is "Buy." The 12-month stock price forecast is $17.68, which is an increase of 91.55% from the latest price.

Price Target
$17.68
(91.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Braskem America Awarded International Sustainability & Carbon Certification PLUS (ISCC PLUS) for all U.S. Production Facilities

PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of bi...

6 days ago - Business Wire

Braskem and Nexus Circular Strengthen Relationship Through a Long-Term Contract for Circular Plastic Feedstocks From New Advanced Recycling Facility

PHILADELPHIA--(BUSINESS WIRE)--Nexus Circular and Braskem S.A. (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Braskem”), the largest polyolefins producer in the Americas, today announced ...

1 week ago - Business Wire

Braskem Announces Project to Evaluate Production of Bio-Based Polypropylene

PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer produce...

2 weeks ago - Business Wire

Braskem Acquires taulman3D Expanding its Portfolio of Materials for Additive Manufacturing Applications

PHILADELPHIA & LINTON, Ind.--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a market leader and pioneer...

3 weeks ago - Business Wire

Intrepid Potash, Braskem And More: Most Cheapest Stocks In The Materials Sector - Braskem (NYSE:BAK), Bioceres Crop Solutions (NASDAQ:BIOX)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: IPIBIOX
1 month ago - Benzinga

Braskem drives its digital transformation

The company's digital transformation portfolio generates recurring gains estimated at around US$90 million yearly, proceeds regularly reported as part of the program Transform for Value. The company h...

2 months ago - PRNewsWire

Braskem Joins Greentown Labs as a Gigawatt Partner

Partnership Connects Braskem with the Largest Climatetech Startup Incubator in North America Cleantech Startup Community Connections Align with Braskem's Commitment to Low Carbon Circular Economy PHIL...

2 months ago - PRNewsWire

Braskem Joins MIT Energy Initiative (MITEI) to Advance Energy Transition

MITEI Connects MIT's World-Class Research Teams with Industry and Government to Develop Solutions to the World's Energy Challenges Through MITEI Braskem will Participate in New Future Energy Systems C...

2 months ago - PRNewsWire

Recurring EBITDA in 3Q22 was US$371 million In the year to date, the Company's Cash Generation was R$3.1 billion

SÃO PAULO, Nov. 10, 2022 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, pr...

2 months ago - PRNewsWire

Braskem America Announces Renewable and Emissions-Free Power Purchases in Alignment with Commitment to a Carbon-Neutral Circular Economy

Braskem America signs renewable and emissions-free energy contracts for its production facilities reducing annualized CO2e output beginning in 2022 PHILADELPHIA , Nov. 9, 2022 /PRNewswire/ -- Braskem ...

2 months ago - PRNewsWire

Braskem Announces a New Renewable Innovation Center in Lexington, Massachusetts

Braskem's new Boston metro area innovation center will focus on accelerating early-stage innovations in renewable chemicals and sustainable materials The investment will fuel the discovery of new tech...

3 months ago - PRNewsWire

Essentium and Braskem Partnership Unlocks Sustainable Additive Manufacturing at Scale

AUSTIN, Texas , Sept. 20, 2022 /PRNewswire/ -- Essentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced it is partnering with Braskem (B3: BRKM3, BRKM5, and BRKM6...

4 months ago - PRNewsWire

New Strong Sell Stocks for July 28th

ACER, BAK, and CJPRY have been added to the Zacks Rank #5 (Strong Sell) List on July 28, 2022.

Other symbols: ACER
6 months ago - Zacks Investment Research

Are Investors Undervaluing Braskem (BAK) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

7 months ago - Zacks Investment Research

BRASKEM EXTENDS RELATIONSHIP WITH NEXUS CIRCULAR THROUGH MOU FOR COMMERCIAL OFF-TAKE OF CIRCULAR PLASTIC FEEDSTOCKS FROM NEW ADVANCED RECYCLING FACILITY

Braskem plans to expand its offering of certified circular polypropylene (PP) by utilizing Nexus Circular's proven, commercial-scale advanced recycling technology, which converts landfill-bound plasti...

7 months ago - PRNewsWire

3 Undervalued Dividend Stocks to Buy Before Wall Street Catches On

Looking for undervalued dividend stocks to buy? These three have offered solid dividends recently and have had solid financial growth.

Other symbols: OMFSIRE
8 months ago - InvestorPlace

Is Braskem (BAK) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

8 months ago - Zacks Investment Research

Is Braskem (BAK) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

8 months ago - Zacks Investment Research

3 Mid-Cap Stocks to Buy for Big Yields

These mid-cap stocks to buy have big yields and attractive valuations, with meaningful potential for capital appreciation. The post 3 Mid-Cap Stocks to Buy for Big Yields appeared first on InvestorPla...

Other symbols: FSKZIM
8 months ago - InvestorPlace

Braskem Delivers Increased Supply of I'm green Bio-Based EVA Biopolymer to Support Heightened Demand for Welli Bins ™ Sustainable Storage Bins

The plant-based, washable bins are the first environmentally friendly polymer storage bins that reduce CO2 emissions PHILADELPHIA , May 16, 2022 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM5 and BRKM6; NY...

9 months ago - PRNewsWire

Braskem Reports Recurring EBITDA of US$920 million in 1Q22

In May, Braskem distributed R$1.35 billion in additional dividends for fiscal year 2021 SÃO PAULO, May 12, 2022 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) anno...

9 months ago - PRNewsWire

Will High Costs & Low Sales Dent Braskem (BAK) Q1 Earnings?

Braskem's (BAK) upward cost trajectory is likely to have continued in the first quarter due to higher feedstock prices in international markets and global supply chain constraints.

9 months ago - Zacks Investment Research

Braskem Releases its First Ever Lineup of Sustainable 3D Printing Filaments for Additive Manufacturing

New Sustainable 3D Printing Filaments Include Bio-Based EVA, Recycled PE/PP Blend as well as Recycled PE/PP Blend with Carbon Fiber  Braskem to Highlight its Expanded Portfolio of 3D Printing Offering...

9 months ago - PRNewsWire

Braskem and Lummus partnership: the next chapter for Green Ethylene technology

The partnership focuses on the global licensing of commercial green ethylene technology, which will accelerate the development of chemicals and plastics made from bioethanol, a renewable feedstock. RO...

9 months ago - PRNewsWire

Braskem Announces Participation at RAPID + TCT 2022 Conference

Braskem to Highlight its Expanded Portfolio of 3D Printing Offerings at North America's Largest Additive Manufacturing Conference PHILADELPHIA , April 20, 2022 /PRNewswire/ -- Braskem (B3: BRKM3, BRKM...

10 months ago - PRNewsWire