Bunge Limited (NYSE:BG) stock went on a downward path that fall over -0.93% on Wednesday, amounting to a one-week price decrease of more than -0.02%. Over the last 12 months, BG stock dropped by -11.10%. The one-year BG stock forecast points to a potential downside of -0.2, with the average price target set at $66.25 per share. The average equity rating for BG stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for BG stock reached $7.76 billion, with 140.55 million shares outstanding and 137.12 million shares in the current float. Compared to the average trading volume of 922.44K shares, BG reached a trading volume of 694306 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $66.44 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 2.20. 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.
Stephens have made an estimate for Bunge Limited shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 08, 2019. The new note on the price target was released on August 02, 2018, representing the official price target for Bunge Limited stock. Previously, the target price had yet another raise to $90, while JP Morgan analysts kept a Overweight rating on BG stock.
The Average True Range (ATR) for Bunge Limited is set at 1.24, with the Price to Sales ratio for BG stock in the period of the last 12 months amounting to 0.19. The Price to Book ratio for the last quarter was 2.07, with the Price to Cash per share for the same quarter was set at 6.77. Quick ratio for the last quarter at 0.70.
BG stock trade performance evaluation
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 dropped by -3.38% in over the last four-week period, additionally plugging by 3.58% over the last 6 months – not to mention a drop of -11.10% 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 48.18, with the RSI for the last a single of trading hit 48.17, and the three-weeks RSI is set at 48.98 for Bunge Limited (BG). The present Moving Average for the last 50 days of trading for this stock 55.83, while it was recorded at 55.62 for the last single week of trading, and 54.31 for the last 200 days.
Bunge Limited (BG): An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Bunge Limited (BG) shares currently have an operating margin of +1.44 and a Gross Margin at +4.43. Bunge Limited’s Net Margin is presently recorded at +0.56.
Return on Total Capital for BG is now 5.43, given the latest momentum, and Return on Invested Capital for the company is 2.37. Return on Equity for this stock inclined to 3.86, with Return on Assets sitting at 1.34. When it comes to the capital structure of this company, Bunge Limited (BG) has a Total Debt to Total Equity ratio set at 87.02. Additionally, BG Total Debt to Total Capital is recorded at 46.53, with Total Debt to Total Assets ending up at 27.66. Long-Term Debt to Equity for the company is recorded at 76.66, with the Long-Term Debt to Total Capital now at 36.41.
Reflecting on the efficiency of the workforce at the company, Bunge Limited (BG) managed to generate an average of $8,290 per employee. Receivables Turnover for the company is 19.65 with a Total Asset Turnover recorded at a value of 2.39. 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 per share (EPS) analysis for Bunge Limited (BG) stock
With the latest financial reports released by the company, Bunge Limited posted 0.08/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -60.00%. 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%.
Bunge Limited (BG): Insider Ownership positions
There are presently around $6,590 million, or 84.60% 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 14,472,099, which is approximately 10.909% of the company’s market cap and around 3.20% of the total institutional ownership; VANGUARD GROUP INC, holding 13,515,089 shares of the stock with an approximate value of $753.0 million in BG stocks shares; and BLACKROCK INC., currently with $498.0 million in BG stock with ownership of nearly 3.695% of the company’s market capitalization.
Positions in Bunge Limited stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 175 institutional holders increased their position in Bunge Limited (NYSE:BG) by around 16,635,204 shares. Additionally, 205 investors decreased positions by around 13,274,192 shares, while 62 investors held positions by with 88,367,842 shares. The mentioned changes placed institutional holdings at 118,277,238 shares, according to the latest SEC report filing. BG stock had 52 new institutional investments in for a total of 4,706,386 shares, while 66 institutional investors sold positions of 2,649,855 shares during the same period.