A share price of BHP Group Limited ADR [BHP] is currently trading at $55.35, up 3.19%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BHP shares have gain 5.93% over the last week, with a monthly amount glided 0.51%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Liberum downgraded its rating to Hold on March 05, 2024. On October 06, 2023, upgrade upgraded it’s rating to Neutral. Bernstein downgraded its rating to a Mkt Perform and decreased its price target to $58 on September 25, 2023. JP Morgan upgraded its rating to a Overweight. Berenberg downgraded its rating to Hold for this stock on July 07, 2023. In a note dated July 06, 2023, Liberum upgraded an Hold rating on this stock.
BHP Group Limited ADR experienced fluctuations in its stock price throughout the past year between $51.73 and $69.11. Currently, Wall Street analysts expect the stock to reach $52.2 within the next 12 months. BHP Group Limited ADR [NYSE: BHP] shares were valued at $55.35 at the most recent close of the market. An investor can expect a potential drop of -5.69% based on the average BHP price forecast.
Analyzing the BHP fundamentals
Trailing Twelve Months sales for BHP Group Limited ADR [NYSE:BHP] were 55.22B which represents 5.91% growth. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.
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 55.01 points at the first support level, and at 54.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.57, and for the 2nd resistance point, it is at 55.78.
Ratios To Look Out For
To put it in perspective, the Current Ratio for BHP Group Limited ADR [NYSE:BHP] is 1.57. As well, the Quick Ratio is 1.22, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 2.54, the price to book ratio is 3.39 and price to earnings (TTM) ratio is 19.07.
