BHP Group Limited ADR (NYSE: BHP) is -23.80% lower on its value in year-to-date trading and has touched a low of $50.90 and a high of $69.11 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 BHP stock was last observed hovering at around $52.32 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $52.05, the stock is -6.44% and -7.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.37 million and changing -0.52% at the moment leaves the stock -8.74% off its SMA200. BHP registered -14.18% loss for a year compared to 6-month loss of -13.28%. The firm has a 50-day simple moving average (SMA 50) of $56.46 and a 200-day simple moving average (SMA200) of $57.03785.
The stock witnessed a -8.25% gain in the last 1 month and extending the period to 3 months gives it a -2.24%, and is -9.87% down 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 1.44% over the week and 1.26% over the month.
Current P/E ratio is 16.80 and Fwd P/E is 11.12. Profit margin for the company is 14.17%. Distance from 52-week low is 2.26% and -24.69% from its 52-week high. The company has generated returns on investments over the last 12 months (12.40%).
The EPS is expected to shrink by -13.36% this year
783.0 institutions hold shares in BHP Group Limited ADR (BHP), with institutional investors hold 3.82% of the company’s shares. The shares outstanding are 2.54B, and float is at 2.54B with Short Float at 0.41%. Institutions hold 3.82% of the Float.
The top institutional shareholder in the company is FISHER ASSET MANAGEMENT, LLC with over 21.31 million shares valued at $1.22 billion. The investor’s holdings represent 0.8412 of the BHP Shares outstanding. As of 2024-06-30, the second largest holder is HARDING LOEVNER LP with 9.47 million shares valued at $540.66 million to account for 0.3738 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 5.2 million shares representing 0.2051 and valued at over $296.71 million, while WELLINGTON MANAGEMENT GROUP LLP holds 0.1958 of the shares totaling 4.96 million with a market value of $283.22 million.
