Bunge Global SA (NYSE: BG) is -3.21% lower on its value in year-to-date trading and has touched a low of $86.10 and a high of $114.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BG stock was last observed hovering at around $97.69 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $97.71, the stock is -0.67% and -4.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 0.02% at the moment leaves the stock -3.16% off its SMA200. BG registered -14.24% loss for a year compared to 6-month loss of -0.05%.
The stock witnessed a 1.52% gain in the last 1 month and extending the period to 3 months gives it a -4.62%, and is 1.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.78% over the week and 1.94% over the month.
Bunge Global SA (BG) has around 23000 employees, a market worth around $13.84B and $55.82B in sales. Current P/E ratio is 11.07 and Fwd P/E is 10.13. Profit margin for the company is 2.33%. Distance from 52-week low is 13.48% and -14.98% from its 52-week high. The company has generated returns on investments over the last 12 months (8.89%).
The EPS is expected to shrink by -31.02% this year
966.0 institutions hold shares in Bunge Global SA (BG), with institutional investors hold 90.08% of the company’s shares. The shares outstanding are 145.32M, and float is at 140.28M with Short Float at 2.62%. Institutions hold 89.28% of the Float.
Bunge Global SA (BG) Insider Activity
The most recent transaction is an insider sale by Dimopoulos Christos, the company’s Co-President, Agribusiness. SEC filings show that Dimopoulos Christos sold 20,000 shares of the company’s common stock on May 22 ’24 at a price of $103.26 per share for a total of $2.07 million. Following the sale, the insider now owns 87999.0 shares.
