Market Momentum: BHP Group Limited ADR (BHP) Registers a -3.43 Decrease, Closing at 57.21

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BHP Group Limited ADR (NYSE: BHP) closed the day trading at $57.21 down -3.43% from the previous closing price of $59.24. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 3.95 million shares were traded. BHP stock price reached its highest trading level at $58.13 during the session, while it also had its lowest trading level at $57.09.

Ratios:

For a better understanding of BHP, 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 14.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.47.

Bernstein Downgraded its Outperform to Mkt Perform on September 25, 2023, whereas the target price for the stock was revised from $60 to $58.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHP now has a Market Capitalization of 148630421504 and an Enterprise Value of 307382059008. As of this moment, BHP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.71, and their Forward P/E ratio for the next fiscal year is 11.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 3.50. Its current Enterprise Value per Revenue stands at 5.523 whereas that against EBITDA is 11.447.

Stock Price History:

Over the past 52 weeks, BHP has reached a high of $69.11, while it has fallen to a 52-week low of $54.28. The 50-Day Moving Average of the stock is -1.35%, while the 200-Day Moving Average is calculated to be -3.84%.

Shares Statistics:

Over the past 3-months, BHP traded about 2.58M shares per day on average, while over the past 10 days, BHP traded about 2725290 shares per day. A total of 2.53B shares are outstanding, with a floating share count of 2.53B. Insiders hold about 0.00% of the company’s shares, while institutions hold 3.83% stake in the company. Shares short for BHP as of 1713139200 were 9030088 with a Short Ratio of 3.22, compared to 1710460800 on 10027252.

Dividends & Splits

BHP’s forward annual dividend rate is 3.04, up from 1.52 a year ago. Against a Trailing Annual Dividend Yield of 0.025658337The stock’s 5-year Average Dividend Yield is 7.2.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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