BHP Group Limited ADR (NYSE: BHP) is -0.96% lower on its value in year-to-date trading and has touched a low of $48.06 and a high of $63.21 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 $49.78 in the last trading session, with the day’s loss setting it -1.42%.
Currently trading at $48.36, the stock is -4.03% and -2.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.71 million and changing -2.85% at the moment leaves the stock -10.49% off its SMA200. BHP registered -15.60% loss for a year compared to 6-month loss of -6.60%. The firm has a 50-day simple moving average (SMA 50) of $49.8108 and a 200-day simple moving average (SMA200) of $54.025.
The stock witnessed a -4.84% gain in the last 1 month and extending the period to 3 months gives it a -5.91%, and is -4.63% 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 2.02% over the week and 1.77% over the month.
Current P/E ratio is 10.82 and Fwd P/E is 11.14. Profit margin for the company is 21.23%. Distance from 52-week low is 0.62% and -23.49% from its 52-week high. The company has generated returns on investments over the last 12 months (17.41%).
The EPS is expected to shrink by -22.49% this year, but quarterly earnings will post -9.09% year-over-year.
756.0 institutions hold shares in BHP Group Limited ADR (BHP), with institutional investors hold 3.62% of the company’s shares. The shares outstanding are 2.54B, and float is at 2.54B with Short Float at 0.43%. Institutions hold 3.62% 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 0.4196 of the BHP Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 5.2 million shares valued at $296.71 million to account for 0.2051 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 4.96 million shares representing 0.1958 and valued at over $283.22 million, while HARDING LOEVNER LP holds 0.1865 of the shares totaling 9.47 million with a market value of $540.66 million.
