Bunge Limited (NYSE: BG) has seen a rise in its stock price by 3.48 in relation to its previous close of 90.46. However, the company has experienced a 5.39% gain in its stock price over the last five trading sessions. The Wall Street Journal reported on 10/26/22 that Grain Traders Reap Benefits of Global Food Crunch
Is It Worth Investing in Bunge Limited (NYSE: BG) Right Now?
The price-to-earnings ratio for Bunge Limited (NYSE: BG) is 9.19x, which is above its average ratio. Moreover, the 36-month beta value for BG is 0.66. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Bunge Limited (BG) is $124.55, which is $31.49 above the current market price. The public float for BG is 129.65M and currently, short sellers hold a 3.09% of that float. On May 26, 2023, BG’s average trading volume was 1.90M shares.
BG’s Market Performance
BG stock saw an increase of 5.39% in the past week, with a monthly gain of 1.72% and a quarterly increase of -4.54%. The volatility ratio for the week is 4.61%, and the volatility levels for the last 30 days are 2.82% for Bunge Limited (BG). The simple moving average for the last 20 days is 3.27% for BG stock, with a simple moving average of -1.98% for the last 200 days.
BG Trading at 0.40% from the 50-Day Moving Average
After a stumble in the market that brought BG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.33% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 4.61%, as shares surge +0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.29% lower at present.
During the last 5 trading sessions, BG rose by +5.39%, which changed the moving average for the period of 200-days by -3.87% in comparison to the 20-day moving average, which settled at $90.69. In addition, Bunge Limited saw -6.17% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BG starting from Garros Julio, who sale 1,017 shares at the price of $103.90 back on Nov 09. After this action, Garros Julio now owns 53,780 shares of Bunge Limited, valued at $105,665 using the latest closing price.
Stock Fundamentals for BG
Current profitability levels for the company are sitting at:
- +3.99 for the present operating margin
- +6.02 for the gross margin
The net margin for Bunge Limited stands at +2.39. The total capital return value is set at 17.52, while invested capital returns managed to touch 12.39. Equity return is now at value 17.00, with 6.00 for asset returns.
Based on Bunge Limited (BG), the company’s capital structure generated 60.96 points at debt to equity in total, while total debt to capital is 37.87. Total debt to assets is 22.88, with long-term debt to equity ratio resting at 41.26. Finally, the long-term debt to capital ratio is 25.63.
When we switch over and look at the enterprise to sales, we see a ratio of 0.27, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 21.35 and the total asset turnover is 2.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.75.
Conclusion
To wrap up, the performance of Bunge Limited (BG) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
