BHP Group Limited ADR (NYSE: BHP) is -13.84% lower on its value in year-to-date trading and has touched a low of $46.10 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 $46.48 in the last trading session, with the day’s loss setting it -4.41%.
Currently trading at $42.07, the stock is -13.84% and -15.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.17 million and changing -9.49% at the moment leaves the stock -20.93% off its SMA200. BHP registered -28.50% loss for a year compared to 6-month loss of -32.61%. The firm has a 50-day simple moving average (SMA 50) of $49.6706 and a 200-day simple moving average (SMA200) of $53.20595.
The stock witnessed a -17.01% gain in the last 1 month and extending the period to 3 months gives it a -14.51%, and is -14.00% 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 2.65% over the week and 1.81% over the month.
Current P/E ratio is 9.41 and Fwd P/E is 9.71. Profit margin for the company is 21.23%. Distance from 52-week low is -8.74% and -33.44% 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 -22.69% this year, but quarterly earnings will post -9.38% year-over-year.
BHP Group Limited ADR (BHP) Top Institutional Holders
747.0 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 0.39%. 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 HARDING LOEVNER LP with 9.47 million shares valued at $540.66 million to account for 0.1865 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 3.51 million shares representing 0.1387% and valued at over $200.55 million, while MORGAN STANLEY holds 0.1023 of the shares totaling 5.2 million with a market value of $296.71 million.
BHP Group Limited ADR (BHP) Insider Activity
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