In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $83.59 in the prior trading day, Bunge Global SA (NYSE: BG) closed at $82.22, down -1.64%. In other words, the price has decreased by -$1.64 from its previous closing price. On the day, 1.36 million shares were traded. BG stock price reached its highest trading level at $83.215 during the session, while it also had its lowest trading level at $81.9778.
Ratios:
Our goal is to gain a better understanding of BG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 21, 2025, Downgraded its rating to Equal Weight and sets its target price to $95 from $115 previously.
On August 01, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $125 to $114.
HSBC Securities Upgraded its Hold to Buy on February 09, 2024, whereas the target price for the stock was revised from $122 to $105.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BG now has a Market Capitalization of 11050778624 and an Enterprise Value of 15843776512. As of this moment, Bunge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.42, and their Forward P/E ratio for the next fiscal year is 9.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 0.309 whereas that against EBITDA is 8.851.
Stock Price History:
The Beta on a monthly basis for BG is 0.66, which has changed by -0.23615754 over the last 52 weeks, in comparison to a change of 0.111126065 over the same period for the S&P500. Over the past 52 weeks, BG has reached a high of $114.92, while it has fallen to a 52-week low of $67.40. The 50-Day Moving Average of the stock is 3.70%, while the 200-Day Moving Average is calculated to be 0.27%.
Shares Statistics:
The stock has traded on average 1.80M shares per day over the past 3-months and 2159980 shares per day over the last 10 days, according to various share statistics. A total of 134.40M shares are outstanding, with a floating share count of 132.77M. Insiders hold about 1.21% of the company’s shares, while institutions hold 92.33% stake in the company. Shares short for BG as of 1748563200 were 4261163 with a Short Ratio of 2.37, compared to 1745971200 on 3586418. Therefore, it implies a Short% of Shares Outstanding of 4261163 and a Short% of Float of 4.2700000000000005.
Dividends & Splits
In the trailing 12 months, BG’s forward annual dividend rate was 2.738, compared to 2.74 this year. Against a Trailing Annual Dividend Yield of 0.032755114The stock’s 5-year Average Dividend Yield is 2.74.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 6.0 analysts currently analyzing and rating the stock of Bunge Global SA (BG).The consensus estimate for the next quarter is $2.1, with high estimates of $2.2 and low estimates of $1.85.
Analysts are recommending an EPS of between $7.79 and $7.6 for the fiscal current year, implying an average EPS of $7.72. EPS for the following year is $8.56, with 7.0 analysts recommending between $9.08 and $8.1.
Revenue Estimates
4 analysts predict $13.03B in revenue for the current quarter. It ranges from a high estimate of $14.11B to a low estimate of $11.41B. As of the current estimate, Bunge Global SA’s year-ago sales were $13.24BFor the next quarter, 4 analysts are estimating revenue of $13.15B. There is a high estimate of $13.81B for the next quarter, whereas the lowest estimate is $12.12B.
A total of 7 analysts have provided revenue estimates for BG’s current fiscal year. The highest revenue estimate was $58.01B, while the lowest revenue estimate was $48.1B, resulting in an average revenue estimate of $52.51B. In the same quarter a year ago, actual revenue was $53.11BBased on 6 analysts’ estimates, the company’s revenue will be $52.54B in the next fiscal year. The high estimate is $55.9B and the low estimate is $48.43B.