Analysts count on sales decrease Lanxess

Tomorrow the German Lanxess will report its past quarters results. For this year Lanxess's revenue will be around 6.11 billion euros. This is according to the average of the analysts' estimates. This is rather significant lower than 2020's revenue of 6.8 billion euros.

Historical revenues and results Lanxess plus estimates 2020

financiële analyse

The analysts expect for 2021 a net profit of 267 million euros. The majority of the analysts expects for this year a profit per share of 3.13 euros. The PE-ratio therefore is 21.28.

Per share the analysts anticipate on a dividend of 97 cents per share. Thus the dividend yield equals 1.46 percent. The average dividend yield of the chemical companies is a poor 0.85 percent.

Most recent target prices around 78 euros

HSBC , Citigroup and Baader Bank recently provided recommendations for the stock.

Lanxess's market capitalization is based on the number of outstanding shares around 6.1 billion euros. The Lanxess stock was the past 12 months quite volatile. Since last March the stock is even 63 percent higher. This year the stock price moved between 26 and 67 euro.

Historical stock prices Lanxess past 10 years

fundamental research lanxess

Click here for dividend Lanxess. At 9.17 the stock trades 0.6 percent lower at 66.62 euros.

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