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Bunge Global (BG)
NYSE:BG
Bunge Global (BG) Stock Price & Analysis
1,289 Followers
BG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$84.90 - $113.58
Previous Close$111.92
Volume1.07M
Average Volume (3M)1.34M
Market Cap
$15.85B
Enterprise Value$19.97B
Total Cash (Recent Filing)$2.60B
Total Debt (Recent Filing)$5.76B
Price to Earnings (P/E)9.0
Beta0.36
Next Earnings
Jul 31, 2024EPS Estimate
$1.77Next Dividend Ex-Date
Feb 18, 2025Dividend Yield2.38%
Share Statistics
EPS (TTM)12.42
Shares Outstanding141,595,107
10 Day Avg. Volume1,434,969
30 Day Avg. Volume1,336,509
Standard Deviation0.09
R-Squared0.17
Alpha0.00987
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)0.25
Price to Cash Flow (P/CF)2.60
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.34
Enterprise Value/Gross Profit4.12
Enterprise Value/Ebitda5.09
Forecast
1Y Price Target
$111.14Price Target Upside-0.70% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Bunge Global News
PremiumCompany Announcements
Bunge Limited Shareholders Endorse Incentives and Dividends
PremiumThe Fly
Bunge falls -6.6%Bulls Say, Bears Say
Bulls Say
Earnings PotentialBG's ability to grow its earnings baseline in coming years and realize upside from Viterra is not reflected in shares.
Share RepurchasesShare repurchases should become more consistent and formulaic post Viterra closing and associated buyback commitments.
Strategic DivestitureBunge's exit from the non-core sugar/ethanol business is likely to be viewed as adding further balance sheet flexibility.
Bears Say
EarningsThe mixed 1Q24 earnings report sent shares lower with investors focusing on a worse 2Q outlook.
Financial PerformanceBoth Processing and Refined & Specialty Oils businesses are expected to see a sizable earnings drop in Q2 based on the company's guidance.
GuidanceThe decision to leave 2024 EPS guidance unchanged at ~$9.00 more-than-offset and resulted in the shares trading down modestly.
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Ownership Overview
4.49% Insiders
34.58% Mutual Funds
29.45% Other Institutional Investors
31.48% 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 $84.90 and its highest was $113.58 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 Jul 31, 2024 which is in 9 days.
How were Bunge Global’s earnings last quarter?
Bunge Global released its earnings results on Apr 24, 2024. The company reported $3.04 earnings per share for the quarter, beating the consensus estimate of $2.529 by $0.511.
Is Bunge Global overvalued?
According to Wall Street analysts Bunge Global’s price is currently Overvalued.
Does Bunge Global pay dividends?
Bunge Global pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 2.38%. See more information on Bunge Global dividends here
What is Bunge Global’s EPS estimate?
Bunge Global’s EPS estimate is $1.77.
How many shares outstanding does Bunge Global have?
Bunge Global has 141,595,110 shares outstanding.
What happened to Bunge Global’s price movement after its last earnings report?
Bunge Global reported an EPS of $3.04 in its last earnings report, beating expectations of $2.529. Following the earnings report the stock price went down -3.489%.
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:
$111.14 (-0.70% Downside)
$111.14 (-0.70% Downside)
Blogger Sentiment
Bullish
BG Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 19.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.54%
12-Months-Change
Fundamentals
Return on Equity
18.09%
Trailing 12-Months
Asset Growth
-4.75%
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
Q1 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
$111.14
▼(-0.70% Downside)
Technical Analysis
Best Analysts Covering BG
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+12.76%
reiterated a buy rating last month
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