Braskem S.A. (BAK)
| 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]
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.
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...
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 ...
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...
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...
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.
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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...
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.
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...
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...
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...
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...
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...
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.
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...
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...
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...