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After finishing at $102.73 in the prior trading day, Bunge Global SA (NYSE: BG) closed at $103.48, up 0.73%. In other words, the price has increased by $0.73 from its previous closing price. On the day, 1.25 million shares were traded. BG stock price reached its highest trading level at $103.56 during the session, while it also had its lowest trading level at $102.01.
Ratios:
Our goal is to gain a better understanding of BG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.71. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.44.
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:
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 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 14652252160 and an Enterprise Value of 18459260928. As of this moment, Bunge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.33, and their Forward P/E ratio for the next fiscal year is 10.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 0.32 whereas that against EBITDA is 5.424.
Stock Price History:
The Beta on a monthly basis for BG is 0.65, which has changed by 0.13527155 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 4.25%, while the 200-Day Moving Average is calculated to be 0.31%.
Shares Statistics:
The stock has traded on average 1.79M shares per day over the past 3-months and 1931920 shares per day over the last 10 days, according to various share statistics. A total of 145.32M shares are outstanding, with a floating share count of 140.24M. Insiders hold about 0.95% of the company’s shares, while institutions hold 87.85% stake in the company. Shares short for BG as of 1713139200 were 5903381 with a Short Ratio of 3.30, 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
In the trailing 12 months, BG’s forward annual dividend rate was 2.65, compared to 2.61 this year. Against a Trailing Annual Dividend Yield of 0.025795775The stock’s 5-year Average Dividend Yield is 2.96.
Earnings Estimates
The current market rating for Bunge Global SA (BG) reflects the collective analysis of 11.0 analysts closely monitoring its performance.On average, analysts expect EPS of $1.8 for the current quarter, with a high estimate of $2.28 and a low estimate of $1.49, while EPS last year was $3.72. The consensus estimate for the next quarter is $2.13, with high estimates of $2.56 and low estimates of $1.9.
Analysts are recommending an EPS of between $10.23 and $8.96 for the fiscal current year, implying an average EPS of $9.45. EPS for the following year is $9.83, with 11.0 analysts recommending between $10.65 and $9.09.
Revenue Estimates
7 analysts predict $13.98B in revenue for the current quarter. It ranges from a high estimate of $16.32B to a low estimate of $12.51B. As of the current estimate, Bunge Global SA’s year-ago sales were $16.39BFor the next quarter, 7 analysts are estimating revenue of $13.97B. There is a high estimate of $16.32B for the next quarter, whereas the lowest estimate is $13.03B.
A total of 10 analysts have provided revenue estimates for BG’s current fiscal year. The highest revenue estimate was $65.47B, while the lowest revenue estimate was $53.26B, resulting in an average revenue estimate of $56.06B. In the same quarter a year ago, actual revenue was $59.54BBased on 11 analysts’ estimates, the company’s revenue will be $56.49B in the next fiscal year. The high estimate is $65.28B and the low estimate is $52.28B.
