Bunge Global SA [BG] stock prices are up 0.87% to $114.56 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BG shares have gain 3.35% over the last week, with a monthly amount glided 7.30%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Bunge Global SA [NYSE: BG] stock has seen the most recent analyst activity on February 09, 2024, when HSBC Securities upgraded its rating to a Buy and also revised its price target to $105 from $122. Previously, Citigroup started tracking the stock with Buy rating on February 01, 2024, and set its price target to $108. On January 10, 2024, downgrade downgraded it’s rating to Peer Perform. HSBC Securities started tracking the stock assigning a Hold rating and suggested a price target of $122 on September 15, 2023. ROTH MKM initiated its recommendation with a Buy and recommended $138 as its price target on June 22, 2023. In a note dated February 09, 2023, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $127 to $115.
The stock price of Bunge Global SA [BG] has been fluctuating between $86.10 and $116.59 over the past year. Currently, Wall Street analysts expect the stock to reach $128.43 within the next 12 months. Bunge Global SA [NYSE: BG] shares were valued at $114.56 at the most recent close of the market. An investor can expect a potential return of 12.11% based on the average BG price forecast.
Analyzing the BG fundamentals
The Bunge Global SA [NYSE:BG] reported sales of 57.62B for trailing twelve months, representing a drop of -12.46%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 112.15 points at the first support level, and at 109.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.90, and for the 2nd resistance point, it is at 117.23.
Ratios To Look Out For
It’s worth pointing out that Bunge Global SA [NYSE:BG]’s Current Ratio is 1.99. In addition, the Quick Ratio stands at 1.05 and the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 9.22.
Transactions by insiders
Recent insider trading involved Dimopoulos Christos, Co-President, Agribusiness, that happened on May 22 ’24 when 20000.0 shares were sold. Co-President, Agribusiness, Dimopoulos Christos completed a deal on Aug 16 ’23 to sell 20000.0 shares.
