BHP Group Limited ADR (NYSE: BHP) is -0.61% 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 $55.06 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $55.31, the stock is 9.07% and 10.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.29 million and changing 0.45% at the moment leaves the stock 9.05% off its SMA200. BHP registered 13.27% gain for a year compared to 6-month loss of 10.36%. The firm has a 50-day simple moving average (SMA 50) of $49.8618 and a 200-day simple moving average (SMA200) of $50.7213.
The stock witnessed a 18.11% gain in the last 1 month and extending the period to 3 months gives it a 16.08%, and is 8.09% 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 1.56% over the week and 1.74% over the month.
Current P/E ratio is 12.37 and Fwd P/E is 13.58. Profit margin for the company is 21.23%. Distance from 52-week low is 39.21% and -12.50% 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 -22.77% this year
724.0 institutions hold shares in BHP Group Limited ADR (BHP), with institutional investors hold 3.82% of the company’s shares. The shares outstanding are 2.54B, and float is at 2.54B with Short Float at 0.69%. Institutions hold 3.82% 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.
