Update from BHP Group Limited ADR (BHP): A steady trajectory

After finishing at $56.00 in the prior trading day, BHP Group Limited ADR (NYSE: BHP) closed at $56.87, up 1.55%. In other words, the price has increased by $+0.87 from its previous closing price. On the day, 3612522 shares were traded.

Ratios:

Our goal is to gain a better understanding of BHP 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 13.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.66. 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 140.36B and an Enterprise Value of 152.16B. As of this moment, BHP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.59, and their Forward P/E ratio for the next fiscal year is 11.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 3.48. Its current Enterprise Value per Revenue stands at 2.75 whereas that against EBITDA is 6.72.

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 60.50, while the 200-Day Moving Average is calculated to be 59.71.

Shares Statistics:

The stock has traded on average 2.49M shares per day over the past 3-months and 2.68M shares per day over the last 10 days, according to various share statistics. 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 3.82% stake in the company. Shares short for BHP as of Feb 29, 2024 were 10.48M with a Short Ratio of 4.21, compared to 8.31M on Jan 31, 2024.

Dividends & Splits

In the trailing 12 months, BHP’s forward annual dividend rate was 1.52, compared to 3.04 this year. Against a Trailing Annual Dividend Yield of 2.71%, it implies a Forward Annual Dividend Yield of 5.35%. The stock’s 5-year Average Dividend Yield is 7.19. The current Payout Ratio is 66.04% for BHP, which recently paid a dividend on Mar 28, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Jul 13, 2001 when the company split stock in a 20651:10000 ratio.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. 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. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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