Closing Bell Recap: Bunge Global SA (BG) Ends at 96.25, Reflecting a -0.27 Downturn

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Bunge Global SA (NYSE: BG) closed the day trading at $96.25 down -0.27% from the previous closing price of $96.51. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.67 million shares were traded. BG stock price reached its highest trading level at $96.82 during the session, while it also had its lowest trading level at $96.03.

Ratios:

For a better understanding of BG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.47.

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, Citigroup on August 01, 2024, Downgraded its rating to Neutral and sets its target price to $114 from $125 previously.

On February 09, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $122 to $105.

On February 01, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $108.Citigroup initiated its Buy rating on February 01, 2024, with a $108 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 22 ’24 when Dimopoulos Christos sold 20,000 shares for $103.26 per share. The transaction valued at 2,065,200 led to the insider holds 87,999 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 13670772736 and an Enterprise Value of 19206952960. As of this moment, Bunge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.91, and their Forward P/E ratio for the next fiscal year is 9.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 0.344 whereas that against EBITDA is 7.048.

Stock Price History:

Over the past 52 weeks, BG has reached a high of $115.84, while it has fallen to a 52-week low of $86.10. The 50-Day Moving Average of the stock is -9.04%, while the 200-Day Moving Average is calculated to be -5.39%.

Shares Statistics:

Over the past 3-months, BG traded about 1.30M shares per day on average, while over the past 10 days, BG traded about 1254670 shares per day. A total of 145.32M shares are outstanding, with a floating share count of 140.08M. Insiders hold about 1.11% of the company’s shares, while institutions hold 91.62% stake in the company. Shares short for BG as of 1722384000 were 3272944 with a Short Ratio of 2.52, compared to 1719532800 on 4368152. Therefore, it implies a Short% of Shares Outstanding of 3272944 and a Short% of Float of 3.74.

Dividends & Splits

BG’s forward annual dividend rate is 2.69, up from 2.668 a year ago. Against a Trailing Annual Dividend Yield of 0.027840968The stock’s 5-year Average Dividend Yield is 2.88.

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