2016 record year for Wacker Chemie according consensus

Wacker Chemie will publish her past quarter's results tomorrow. For this year the consensus of the revenue equals 5,48 billion euros. The expectations would mean a record revenue for the company. This is slightly more than the 2015's revenue of 5,3 billion euros.

Historical revenues and results Wacker Chemie plus taxations 2016

equity research

The analysts foresee for 2016 a net profit of 145 million euros. For the current year the consensus of the result per share is a profit of 2,92 euros. With these estimates the PE-ratio equals 28,18.

Per share a dividend of 1,87 euros is expected. The dividend yield consequently equals 2,27 percent. On average the chemical company yields a rather high dividend yield of around 1,79 percent.

Most recent target prices around 97 euros

The stock Wacker Chemie is being covered by 19 fundamental analysts. The average target price for the stock is at 85,54 euros. This is around 3 percent more than the current stock price of 82,28 euros. The 3 most recent recommendations for German were provided by Berenberg (buy, 98,00 euros), Morgan Stanley (buy, 104,00 euros) and Bankhaus Lampe (buy, 90,00 euros).

Based on the number of outstanding shares Wacker Chemie 's market capitalization equals 4,09 billion euros.

The stock traded at 14.48 1,35 percent lower at 82,28 euros.

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.