Is BHP Group Limited ADR (BHP) a good stock to buy now?

BHP Group Limited ADR (NYSE: BHP) is 2.19% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BHP stock was last observed hovering at around $48.67 in the last trading session, with the day’s gains setting it 1.23%.

Currently trading at $49.90, the stock is 4.09% and 3.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.14 million and changing 2.53% at the moment leaves the stock -3.89% off its SMA200. BHP registered -11.68% loss for a year compared to 6-month loss of -10.80%.

The stock witnessed a 14.74% gain in the last 1 month and extending the period to 3 months gives it a -1.81%, and is 2.63% 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 1.32% over the week and 1.64% over the month.

Current P/E ratio is 11.16 and Fwd P/E is 12.16. Profit margin for the company is 21.23%. Distance from 52-week low is 25.60% and -21.06% 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 -22.73% this year.

BHP Group Limited ADR (BHP) Top Institutional Holders

The shares outstanding are 2.54B, and float is at 2.54B with Short Float at 0.50%.

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 MORGAN STANLEY which holds 5.2 million shares representing 0.1023% and valued at over $296.71 million, while WELLINGTON MANAGEMENT GROUP LLP holds 0.0977 of the shares totaling 4.96 million with a market value of $283.22 million.