On Monday, Bunge Global SA (NYSE: BG) opened higher 1.93% from the last session, before settling in for the closing price of $77.19. Price fluctuations for BG have ranged from $75.75 to $114.92 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 11.42%. Company’s average yearly earnings per share was noted -31.61% at the time writing. With a float of $138.26 million, this company’s outstanding shares have now reached $139.63 million.
Considering the fact that the conglomerate employs 23000 people, you should pay attention to its efficiency factor. 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
A key investor’s attitude towards the stock of the Farm Products industry is another important factor to consider. The insider ownership of Bunge Global SA is 0.98%, while institutional ownership is 83.40%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -31.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.60% 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
Check out the current performance indicators for Bunge Global SA (BG). In the past 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 0.20. Likewise, its price to free cash flow for the trailing twelve months is 10.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.91, a number that is poised to hit 2.24 in the next quarter and is forecasted to reach 8.56 in one year’s time.
Technical Analysis of Bunge Global SA (BG)
Compared to the last year’s volume of 1.43 million, its volume of 1.41 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.44%. Additionally, its Average True Range was 1.85.
During the past 100 days, Bunge Global SA’s (BG) raw stochastic average was set at 11.37%, which indicates a significant decrease from 42.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.71% in the past 14 days, which was higher than the 23.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.80, while its 200-day Moving Average is $96.51. Nevertheless, the first resistance level for the watch stands at $79.66 in the near term. At $80.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.95. If the price goes on to break the first support level at $77.37, it is likely to go to the next support level at $76.06. Should the price break the second support level, the third support level stands at $75.08.
Bunge Global SA (NYSE: BG) Key Stats
There are currently 139,627K shares outstanding in the company with a market cap of 10.99 billion. Presently, the company’s annual sales total 59,540 M according to its annual income of 2,243 M. Last quarter, the company’s sales amounted to 12,908 M and its income totaled 221,000 K.
