Bunge Limited [NYSE: BG] jumped around 0.36 points on Tuesday, while shares priced at $47.60 at the close of the session, up 0.76%.
Bunge Limited stock is now -17.29% down from its year-to-date (YTD) trading value. BG Stock saw the intraday high of $48.905 and lowest of $47.51 per share. The company’s 52-week high price is 58.19, which means current price is +64.14% above from all time high which was touched on 01/02/20.
Compared to the average trading volume of 1.00M shares, BG reached a trading volume of 1062964 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $60.71 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 1.37, with the Price to Sales ratio for BG stock in the period of the last 12 months amounting to 0.17. The Price to Book ratio for the last quarter was 1.53, with the Price to Cash per share for the same quarter was set at 7.03.
How has BG stock performed recently?
Bunge Limited [BG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.36. With this latest performance, BG shares gained by 2.41% in over the last four-week period, additionally plugging by 25.20% over the last 6 months – not to mention a drop of -14.43% 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 59.45, with the RSI for the last a single of trading hit 63.47, and the three-weeks RSI is set at 57.71 for Bunge Limited [BG]. The present Moving Average for the last 50 days of trading for this stock 45.94, while it was recorded at 46.55 for the last single week of trading, and 44.62 for the last 200 days.
Bunge Limited [BG]: Deeper insight into the fundamentals
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 1.50.
Earnings analysis for Bunge Limited [BG]
With the latest financial reports released by the company, Bunge Limited posted 1.41/share EPS, while the average EPS was predicted by analysts to be reported at 0.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 193.80%. 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%.
Insider trade positions for Bunge Limited [BG]
There are presently around $5,268 million, or 81.60% of BG stock, in the hands of institutional investors. The top three institutional holders of BG stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 15,645,166, which is approximately 3.893% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 14,372,648 shares of the stock with an approximate value of $684.14 million in BG stocks shares; and BLACKROCK INC., currently with $426.69 million in BG stock with ownership of nearly -4.422% of the company’s market capitalization.
Positions in Bunge Limited stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 168 institutional holders increased their position in Bunge Limited [NYSE:BG] by around 12,912,704 shares. Additionally, 197 investors decreased positions by around 16,878,926 shares, while 39 investors held positions by with 80,880,703 shares. The mentioned changes placed institutional holdings at 110,672,333 shares, according to the latest SEC report filing. BG stock had 50 new institutional investments in for a total of 2,663,962 shares, while 57 institutional investors sold positions of 2,566,400 shares during the same period.