Bunge Limited [NYSE: BG] loss -1.63% or -0.67 points to close at $40.41 with a heavy trading volume of 1123999 shares. It opened the trading session at $41.07, the shares rose to $41.11 and dropped to $40.08, the range by which the price of stock traded the whole day. The daily chart for BG points out that the company has recorded -27.74% loss over the past six months. However, it is still -39.34% lower than its most recent low trading price.
If we look at the average trading volume of 1.69M shares, BG reached to a volume of 1123999 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Bunge Limited [BG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BG shares is $62.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Bunge Limited shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 13, 2020. While these analysts kept the previous recommendation, Robert W. Baird raised their target price from $39 to $46. The new note on the price target was released on March 31, 2020, representing the official price target for Bunge Limited stock.
The Average True Range (ATR) for Bunge Limited is set at 1.65, with the Price to Sales ratio for BG stock in the period of the last 12 months amounting to 0.14. The Price to Book ratio for the last quarter was 1.37.
Trading performance analysis for BG stock
Bunge Limited [BG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.02. With this latest performance, BG shares gained by 14.06% in over the last four-week period, additionally sinking by -27.74% over the last 6 months – not to mention a drop of -30.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BG stock in for the last two-week period is set at 53.81, with the RSI for the last a single of trading hit 53.17, and the three-weeks RSI is set at 52.81 for Bunge Limited [BG]. The present Moving Average for the last 50 days of trading for this stock 38.42, while it was recorded at 39.92 for the last single week of trading, and 48.86 for the last 200 days.
Bunge Limited [BG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Bunge Limited [BG] shares currently have an operating margin of +1.86 and a Gross Margin at +4.96. Bunge Limited’s Net Margin is presently recorded at -3.13.
Return on Total Capital for BG is now 6.30, given the latest momentum, and Return on Invested Capital for the company is -12.54. Return on Equity for this stock declined to -21.31, with Return on Assets sitting at -6.83. When it comes to the capital structure of this company, Bunge Limited [BG] has a Total Debt to Total Equity ratio set at 97.23. Additionally, BG Total Debt to Total Capital is recorded at 49.30, with Total Debt to Total Assets ending up at 31.39. Long-Term Debt to Equity for the company is recorded at 81.47, with the Long-Term Debt to Total Capital now at 36.49.
Reflecting on the efficiency of the workforce at the company, Bunge Limited [BG] managed to generate an average of -$53,667 per employee. Receivables Turnover for the company is 17.54 with a Total Asset Turnover recorded at a value of 2.18.Bunge Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.40.
Bunge Limited [BG]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Bunge Limited posted 1.52/share EPS, while the average EPS was predicted by analysts to be reported at 0.34/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 347.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bunge Limited go to 10.10%.
An analysis of insider ownership at Bunge Limited [BG]
There are presently around $4,713 million, or 83.40% of BG stock, in the hands of institutional investors. The top three institutional holders of BG stocks are: VANGUARD GROUP INC with ownership of 15,298,147, which is approximately 2.218% of the company’s market cap and around 0.60% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 15,058,946 shares of the stock with an approximate value of $618.62 million in BG stocks shares; and BLACKROCK INC., currently with $385.28 million in BG stock with ownership of nearly 1.542% of the company’s market capitalization.
Positions in Bunge Limited stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 201 institutional holders increased their position in Bunge Limited [NYSE:BG] by around 14,137,083 shares. Additionally, 190 investors decreased positions by around 13,751,232 shares, while 46 investors held positions by with 86,841,673 shares. The mentioned changes placed institutional holdings at 114,729,988 shares, according to the latest SEC report filing. BG stock had 60 new institutional investments in for a total of 4,325,144 shares, while 72 institutional investors sold positions of 2,266,515 shares during the same period.