Bunge Global SA (BG) Moves -3.49% Lower: These Numbers are Too Good to be True

Bunge Global SA (NYSE: BG) started the day on Wednesday, with a price decrease of -3.49% at $105.79, before settling in for the price of $109.62 at the close. Taking a more long-term approach, BG posted a 52-week range of $86.10-$116.59.

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In the past 5-years timespan, the Consumer Defensive sector firm’s annual sales growth was 7.13%. Meanwhile, its Annual Earning per share during the time was 55.34%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -30.95%. This publicly-traded company’s shares outstanding now amounts to $145.32 million, simultaneously with a float of $142.05 million. The organization now has a market capitalization sitting at $15.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $98.69, while the 200-day Moving Average is $103.14.

Bunge Global SA (BG) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Farm Products Industry. Bunge Global SA’s current insider ownership accounts for 0.95%, in contrast to 87.80% institutional ownership. According to the most recent insider trade that took place on Aug 16 ’23, this organization’s Co-President, Agribusiness sold 20,000 shares at the rate of 111.89, making the entire transaction reach 2,237,718 in total value, affecting insider ownership by 73,291.

Bunge Global SA (BG) Earnings and Revenue Records

Bunge Global SA’s EPS decrease for this current 12-month fiscal period is -30.95% and is forecasted to reach 9.80 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -9.10% through the next 5 years, which can be compared against the 55.34% growth it accomplished over the previous five years trading on the market.

Bunge Global SA (NYSE: BG) Trading Performance Indicators

Let’s observe the current performance indicators for Bunge Global SA (BG). It’s Quick Ratio in the last reported quarter now stands at 1.14. The Stock has managed to achieve an average true range (ATR) of 2.37. Alongside those numbers, its PE Ratio stands at $7.10, and its Beta score is 0.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.25. Similarly, its price to free cash flow for trailing twelve months is now 7.01.

In the same vein, BG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 14.90, a figure that is expected to reach 2.00 in the next quarter, and analysts are predicting that it will be 9.80 at the market close of one year from today.

Technical Analysis of Bunge Global SA (BG)

If we take a close look at the recent performances of Bunge Global SA (NYSE: BG), its last 5-days Average volume was 2.25 million that shows progress from its year to date volume of 1.77 million. During the previous 9 days, stock’s Stochastic %D was recorded 75.68% While, its Average True Range was 2.60.

Raw Stochastic average of Bunge Global SA (BG) in the period of the previous 100 days is set at 80.91%, which indicates a major rise in contrast to 42.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 24.25% that was higher than 22.62% volatility it exhibited in the past 100-days period.