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Bunge Global (BG)
NYSE:BG
Holding BG?
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BG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$86.10 - $114.92
Previous Close$97.71
Volume364.75K
Average Volume (3M)1.19M
Market Cap
$14.16B
Enterprise Value$19.58B
Total Cash (Recent Filing)$1.16B
Total Debt (Recent Filing)$5.92B
Price to Earnings (P/E)11.1
Beta0.41
Next Earnings
Oct 24, 2024EPS Estimate
$2.15Next Dividend Ex-Date
Feb 18, 2025Dividend Yield2.75%
Share Statistics
EPS (TTM)8.82
Shares Outstanding141,651,464
10 Day Avg. Volume899,763
30 Day Avg. Volume1,187,644
Standard Deviation0.08
R-Squared0.16
Alpha0.00867
Financial Highlights & Ratios
Price to Book (P/B)1.38
Price to Sales (P/S)0.25
Price to Cash Flow (P/CF)-2.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.35
Enterprise Value/Gross Profit4.04
Enterprise Value/Ebitda6.83
Forecast
1Y Price Target
$114.50Price Target Upside14.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Bunge Global News
Bulls Say, Bears Say
Bulls Say
Balance Sheet FlexibilityBunge's exit from the non-core sugar/ethanol business is likely to be viewed as adding further balance sheet flexibility.
Earnings GrowthBG raised its 2024 EPS guidance by $0.25 to approximately $9.25.
Strategic AcquisitionThe deal with Viterra is believed to still lead to high single digit EPS/FCF accretion longer-term and has solid strategic rationale.
Bears Say
AcquisitionBG's pending Viterra acquisition might not be as EPS accretive as once expected because the industry margin environment is less favorable than when the transaction was announced.
EarningsBG reported adjusted 2Q24 EPS of $1.73, below GSe of $1.87 and Refinitiv consensus of $1.80.
Market ConditionsContinued earnings pressures at the industry level, especially in North America, driven mainly by growing industry crush capacity and less demand growth from the US biofuels industry than once expected.
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Ownership Overview
4.15% Insiders
34.56% Mutual Funds
50.91% Other Institutional Investors
10.39% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BG FAQ
What was Bunge Global’s price range in the past 12 months?
Bunge Global lowest stock price was $86.10 and its highest was $114.92 in the past 12 months.
What is Bunge Global’s market cap?
Currently, no data Available
When is Bunge Global’s upcoming earnings report date?
Bunge Global’s upcoming earnings report date is Oct 24, 2024 which is in 34 days.
How were Bunge Global’s earnings last quarter?
Bunge Global released its earnings results on Jul 31, 2024. The company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.827 by -$0.097.
Is Bunge Global overvalued?
According to Wall Street analysts Bunge Global’s price is currently Undervalued.
Does Bunge Global pay dividends?
Bunge Global pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 2.75%. See more information on Bunge Global dividends here
What is Bunge Global’s EPS estimate?
Bunge Global’s EPS estimate is $2.15.
How many shares outstanding does Bunge Global have?
Bunge Global has 141,651,460 shares outstanding.
What happened to Bunge Global’s price movement after its last earnings report?
Bunge Global reported an EPS of $1.73 in its last earnings report, missing expectations of $1.827. Following the earnings report the stock price went down -8.141%.
Which hedge fund is a major shareholder of Bunge Global?
Among the largest hedge funds holding Bunge Global’s share is Gotham Asset Management LLC. It holds Bunge Global’s shares valued at 7M.
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Bunge Global Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$114.50 (14.51% Upside)
$114.50 (14.51% Upside)
Blogger Sentiment
Bullish
BG Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 37.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.6%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.86%
12-Months-Change
Fundamentals
Return on Equity
12.66%
Trailing 12-Months
Asset Growth
-4.99%
Trailing 12-Months
Company Description
Bunge Global
Bunge Ltd. operates as a holding company, which engages in the supply and transportation of agricultural commodities. It operates through the following segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy and Fertilizer. The Agribusiness segment involves in the purchase, storage, transportation, processing, and sale of agricultural commodities and commodity products. The Edible Oil Products segment includes production and sale of vegetable oils, shortenings, margarines, and mayonnaise. The Milling Products segment consists of production and sale of wheat flours, bakery mixes, corn-based products, and rice. The Sugar and Bioenergy segment comprises manufacture and marketing of sugar and ethanol derived from sugarcane, as well as energy derived from the sugar and ethanol production process. The Fertilizer segment focuses on producing, blending, and distributing fertilizer products for the agricultural industry. The company was founded by Johann Peter Gottlieb Bunge in 1818 and is headquartered in White Plains, NY.
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BG Company Deck
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BG Earnings Call
Q2 2024
0:00 / 0:00
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BG Net sales Breakdown
52.57% Agribusiness Processing Products
24.53% Refined and Specialty Oil Products
19.26% Agribusiness Merchandising Products
3.18% Milling Products
0.47% Other
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BG Stock 12 Month Forecast
Average Price Target
$114.50
▲(14.51% Upside)
Technical Analysis
Best Analysts Covering BG
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+15.35%
reiterated a buy rating 2 months ago
Copying Benjamin Theurer's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +15.35% per trade.
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