Bunge Global SA (NYSE: BG) is -11.06% lower on its value in year-to-date trading and has touched a low of $67.40 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 $69.60 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $69.16, the stock is -9.68% and -13.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.78 million and changing -0.63% at the moment leaves the stock -27.10% off its SMA200. BG registered -21.36% loss for a year compared to 6-month loss of -28.99%. The firm has a 50-day simple moving average (SMA 50) of $80.216 and a 200-day simple moving average (SMA200) of $95.0662.
The stock witnessed a -10.62% gain in the last 1 month and extending the period to 3 months gives it a -19.36%, and is -7.98% 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 3.72% over the week and 2.73% over the month.
Bunge Global SA (BG) has around 23000 employees, a market worth around $9.66B and $53.11B in sales. Current P/E ratio is 8.56 and Fwd P/E is 7.66. Profit margin for the company is 2.14%. Distance from 52-week low is 2.61% and -39.82% from its 52-week high. The company has generated returns on investments over the last 12 months (7.00%).
with sales reaching $13.25B over the same period.The EPS is expected to shrink by -13.98% this year, but quarterly earnings will post 3.20% year-over-year. Quarterly sales are estimated to shrink -1.28% in year-over-year returns.
Bunge Global SA (BG) Top Institutional Holders
929.0 institutions hold shares in Bunge Global SA (BG), with institutional investors hold 88.95% of the company’s shares. The shares outstanding are 139.63M, and float is at 138.22M with Short Float at 3.01%. Institutions hold 88.10% 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.
