BHP Group Limited ADR (NYSE: BHP) is -11.14% lower on its value in year-to-date trading and has touched a low of $39.73 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 $48.67 in the last trading session, with the day’s gains setting it 3149951.33%.
Currently trading at $3150000.0, the stock is 4.14% and 3.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.94 million and changing 4.23% at the moment leaves the stock -0.75% off its SMA200. BHP registered 3.89% gain for a year compared to 6-month gain of 3.09%. The firm has a 50-day simple moving average (SMA 50) of $48.948 and a 200-day simple moving average (SMA200) of $51.1134.
The stock witnessed a 2.63% loss in the last 1 month and extending the period to 3 months gives it a 4.00%, and is 8.54% 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 1.85% over the week and 1.48% over the month.
Current P/E ratio is 11.35 and Fwd P/E is 12.47. Profit margin for the company is 21.23%. Distance from 52-week low is 27.69% and -19.74% 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 -22.44% this year
725.0 institutions hold shares in BHP Group Limited ADR (BHP), with institutional investors hold 3.80% of the company’s shares. The shares outstanding are 2.54B, and float is at 2.54B with Short Float at 0.60%. Institutions hold 3.80% 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 HARDING LOEVNER LP which holds 9.47 million shares representing 0.1865 and valued at over $540.66 million, while WELLINGTON MANAGEMENT GROUP LLP holds 0.0977 of the shares totaling 4.96 million with a market value of $283.22 million.
