On Monday, Bunge Global SA (NYSE: BG) was 1.67% up from the session before settling in for the closing price of $82.62. A 52-week range for BG has been $82.45 – $114.92.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 7.13%. When this article was written, the company’s average yearly earnings per share was at -31.19%. With a float of $138.28 million, this company’s outstanding shares have now reached $145.32 million.
Let’s determine the extent of company efficiency that accounts for 23000 employees. In terms of profitability, gross margin is 6.61%, operating margin of 3.27%, and the pretax margin is 3.07%.
Bunge Global SA (BG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bunge Global SA stocks. The insider ownership of Bunge Global SA is 0.97%, while institutional ownership is 89.61%. The most recent insider transaction that took place on May 22 ’24, was worth 2,065,200. In this transaction Co-President, Agribusiness of this company sold 20,000 shares at a rate of $103.26, taking the stock ownership to the 87,999 shares.
Bunge Global SA (BG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -31.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.88% during the next five years compared to 55.34% growth over the previous five years of trading.
Bunge Global SA (NYSE: BG) Trading Performance Indicators
You can see what Bunge Global SA (BG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21. Likewise, its price to free cash flow for the trailing twelve months is 11.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.91, a number that is poised to hit 2.37 in the next quarter and is forecasted to reach 9.37 in one year’s time.
Technical Analysis of Bunge Global SA (BG)
Looking closely at Bunge Global SA (NYSE: BG), its last 5-days average volume was 3.01 million, which is a jump from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 7.18%. Additionally, its Average True Range was 2.24.
During the past 100 days, Bunge Global SA’s (BG) raw stochastic average was set at 4.77%, which indicates a significant decrease from 11.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.54% in the past 14 days, which was higher than the 26.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $95.31, while its 200-day Moving Average is $99.59. However, in the short run, Bunge Global SA’s stock first resistance to watch stands at $84.73. Second resistance stands at $85.46. The third major resistance level sits at $86.20. If the price goes on to break the first support level at $83.26, it is likely to go to the next support level at $82.52. Should the price break the second support level, the third support level stands at $81.79.
Bunge Global SA (NYSE: BG) Key Stats
There are 139,627K outstanding shares of the company, which has a market capitalization of 11.53 billion. As of now, sales total 59,540 M while income totals 2,243 M. Its latest quarter income was 13,241 M while its last quarter net income were 70,000 K.
