Alert: Negative Investment/Fundamental Signals (7/5/24)-Braskem SA (NYSE: BAK)

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Braskem SA (NYSE: BAK) suffers from meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected Braskem SA (NYSE: BAK): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, BAK is expected to continue to be an important Value Builder.

Braskem has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Braskem has a slightly negative Power Rating of 31 and a poor Appreciation Score of 17, with the Lowest Value Trend Rating the result.

Recent Price Action

Braskem SA (NYSE: BAK) stock closed at $6.79 on 7/5/24 after a slight gain of 0.3%. However, this advance was accompanied by below average trading volume at 75% of normal. The stock has risen 4.1% during the last week but has been weak relative to the market over the last nine months.

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