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PHILADELPHIA--(BUSINESS WIRE)--The Philadelphia Eagles, Science of Sport, and 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 producer of biopolymers on an industrial scale, teamed up to host an educational "Field Day" for students from the Greater Philadelphia Area, on April 3rd, 2025. The event brought together 125 students at Lincoln Financial Field for hands-on STEM activities re.
Braskem's net revenues fell 14% q/q and 2% y/y in 4Q24 due to reduced petrochemical spreads and lower demand. Despite high leverage, Braskem's $2.4 billion cash ensures debt coverage for the next 47 months, projecting operational cash recovery. Valuation comparison with peers suggests a 19% upside, reinforcing my buy recommendation despite challenging market conditions.
Braskem S.A. (NYSE:BAK ) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Rosana Avolio - Investor Relations Manager Roberto Ramos - CEO Felipe Jens - CFO Conference Call Participants Nicolas Barros - Bank of America Henrique Perez - BTG Pactual Pedro Gama - Citi Operator Good morning everyone and thank you for waiting.
SÃO PAULO, Feb. 27, 2025 /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, presents its 4Q24 Earnings Release.
Here is how Braskem (BAK) and National Fuel Gas (NFG) have performed compared to their sector so far this year.
The mean of analysts' price targets for Braskem (BAK) points to a 63.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
PBPB, BBCP, BAK, NVAX and ETON have been added to the Zacks Rank #1 (Strong Buy) List on January 28, 2024.
Braskem NYSE: BAK is the largest producer of thermoplastic and bioplastic resins in the Americas, making the stock a compelling investment opportunity for those seeking to align their portfolios with a sustainable future. The company's strategic positioning at the forefront of the developing bioplastics market makes it a top pick for investors prioritizing environmental, social, and governance (ESG) factors, especially given the global shift towards sustainability and the significant transition in the plastics and packaging sectors.
Braskem (BAK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
BBCP, BAK and KMX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 23, 2025.