BHP Group Limited ADR (NYSE: BHP) is -17.10% 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 $49.39 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $49.36, the stock is 1.25% and 0.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.58 million and changing -0.06% at the moment leaves the stock -3.33% off its SMA200. BHP registered 1.09% gain for a year compared to 6-month gain of 0.30%. The firm has a 50-day simple moving average (SMA 50) of $49.0266 and a 200-day simple moving average (SMA200) of $51.06035.
The stock witnessed a -0.94% loss in the last 1 month and extending the period to 3 months gives it a 17.33%, and is 2.64% 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 2.37% over the week and 1.64% over the month.
Current P/E ratio is 11.04 and Fwd P/E is 12.17. Profit margin for the company is 21.23%. Distance from 52-week low is 24.24% and -21.91% 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 -23.07% this year.
BHP Group Limited ADR (BHP) Top Institutional Holders
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.
