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.
In the latest session, Bunge Global SA (NYSE: BG) closed at $104.06 down -1.64% from its previous closing price of $105.79. In other words, the price has decreased by -$1.64 from its previous closing price. On the day, 2.0 million shares were traded. BG stock price reached its highest trading level at $106.83 during the session, while it also had its lowest trading level at $102.77.
Ratios:
For a deeper understanding of Bunge Global SA’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.40.
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, HSBC Securities on February 09, 2024, Upgraded its rating to Buy and sets its target price to $105 from $122 previously.
On February 01, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $108.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 16 ’23 when Dimopoulos Christos sold 20,000 shares for $111.89 per share. The transaction valued at 2,237,718 led to the insider holds 73,291 shares of the business.
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 14914814976 and an Enterprise Value of 18117699584. As of this moment, Bunge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.37, and their Forward P/E ratio for the next fiscal year is 10.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.314 whereas that against EBITDA is 5.437.
Stock Price History:
Over the past 52 weeks, BG has reached a high of $116.59, while it has fallen to a 52-week low of $86.10. The 50-Day Moving Average of the stock is 5.44%, while the 200-Day Moving Average is calculated to be 0.89%.
Shares Statistics:
For the past three months, BG has traded an average of 1.78M shares per day and 1919100 over the past ten days. A total of 145.32M shares are outstanding, with a floating share count of 142.05M. Insiders hold about 0.95% of the company’s shares, while institutions hold 87.81% stake in the company. Shares short for BG as of 1713139200 were 5903381 with a Short Ratio of 3.31, compared to 1710460800 on 5075687. Therefore, it implies a Short% of Shares Outstanding of 5903381 and a Short% of Float of 6.800000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for BG is 2.61, from 1.988 in the trailing year. Against a Trailing Annual Dividend Yield of 0.018791946The stock’s 5-year Average Dividend Yield is 2.96.
