Bunge Global SA (NYSE: BG) is 5.44% higher on its value in year-to-date trading and has touched a low of $75.75 and a high of $114.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BG stock was last observed hovering at around $81.22 in the last trading session, with the day’s gains setting it 0.77%.
Currently trading at $81.99, the stock is 3.48% and -2.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 0.95% at the moment leaves the stock -16.04% off its SMA200. BG registered -13.61% loss for a year compared to 6-month loss of -26.20%. The firm has a 50-day simple moving average (SMA 50) of $84.0552 and a 200-day simple moving average (SMA200) of $97.74025.
The stock witnessed a -3.21% gain in the last 1 month and extending the period to 3 months gives it a -14.65%, and is 6.09% 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 3.00% over the week and 2.37% over the month.
Bunge Global SA (BG) has around 23000 employees, a market worth around $11.45B and $54.50B in sales. Current P/E ratio is 10.36 and Fwd P/E is 9.30. Profit margin for the company is 2.11%. Distance from 52-week low is 8.24% and -28.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.42%).
with sales reaching $13.71B over the same period.The EPS is expected to shrink by -31.47% this year, but quarterly earnings will post -10.72% year-over-year. Quarterly sales are estimated to shrink -8.19% in year-over-year returns.
Bunge Global SA (BG) Top Institutional Holders
944.0 institutions hold shares in Bunge Global SA (BG), with institutional investors hold 86.83% of the company’s shares. The shares outstanding are 139.63M, and float is at 138.26M with Short Float at 3.39%. Institutions hold 86.00% of the Float.
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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.
