BHP Group Limited ADR [BHP] stock is trading at $56.16, up 0.77%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BHP shares have lost -1.28% over the last week, with a monthly amount drifted -2.72%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
BHP Group Limited ADR [NYSE: BHP] stock has seen the most recent analyst activity on October 04, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $68 from $72. Previously, Bernstein upgraded its rating to Outperform on September 16, 2024. Liberum downgraded its rating to a Hold. UBS upgraded its rating to a Neutral. Bernstein downgraded its rating to Mkt Perform for this stock on September 25, 2023, and downed its price target to $58. In a note dated July 14, 2023, JP Morgan upgraded an Overweight rating on this stock.
BHP Group Limited ADR [BHP] stock has fluctuated between $50.90 and $69.11 over the past year. Currently, Wall Street analysts expect the stock to reach $47.8 within the next 12 months. BHP Group Limited ADR [NYSE: BHP] shares were valued at $56.16 at the most recent close of the market. An investor can expect a potential drop of -14.89% based on the average BHP price forecast.
Analyzing the BHP fundamentals
BHP Group Limited ADR [NYSE:BHP] reported sales of 55.53B for the trailing twelve months, which represents a growth of 1.14%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.18 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 0.41.
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 55.64 points at the first support level, and at 55.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.49, and for the 2nd resistance point, it is at 56.83.
Ratios To Look Out For
For context, BHP Group Limited ADR’s Current Ratio is 1.70. Also, the Quick Ratio is 1.29, while the Cash Ratio stands at 0.87. Considering the valuation of this stock, the price to sales ratio is 2.56, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 18.12.
