Bunge Global SA (NYSE: BG) on Friday, soared 0.45% from the previous trading day, before settling in for the closing price of $69.29. Within the past 52 weeks, BG’s price has moved between $67.40 and $114.92.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 6.98%. The company achieved an average annual earnings per share of -13.16%. With a float of $138.22 million, this company’s outstanding shares have now reached $139.63 million.
Let’s determine the extent of company efficiency that accounts for 23000 employees. In terms of profitability, gross margin is 6.67%, operating margin of 3.33%, and the pretax margin is 2.44%.
Bunge Global SA (BG) Insider Activity
Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Bunge Global SA is 0.98%, while institutional ownership is 82.94%. 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 1.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.16% per share during the next fiscal year.
Bunge Global SA (NYSE: BG) Trading Performance Indicators
Bunge Global SA (BG) is currently performing well based on its current performance indicators. A quick ratio of 1.27 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18. Likewise, its price to free cash flow for the trailing twelve months is 18.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.08, a number that is poised to hit 1.43 in the next quarter and is forecasted to reach 9.09 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 2.47 million, which is a jump from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 11.95%. Additionally, its Average True Range was 2.15.
During the past 100 days, Bunge Global SA’s (BG) raw stochastic average was set at 6.65%, which indicates a significant decrease from 18.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.32% in the past 14 days, which was higher than the 25.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.22, while its 200-day Moving Average is $95.07. However, in the short run, Bunge Global SA’s stock first resistance to watch stands at $70.22. Second resistance stands at $70.83. The third major resistance level sits at $71.81. If the price goes on to break the first support level at $68.63, it is likely to go to the next support level at $67.65. Should the price break the second support level, the third support level stands at $67.04.
Bunge Global SA (NYSE: BG) Key Stats
Market capitalization of the company is 9.72 billion based on 139,627K outstanding shares. Right now, sales total 59,540 M and income totals 2,243 M. The company made 12,908 M in profit during its latest quarter, and 221,000 K in sales during its previous quarter.
