BHP Group Limited ADR (NYSE: BHP) has seen a rise in its stock price by 0.67 in relation to its previous close of 56.43. However, the company has experienced a -2.91% decline in its stock price over the last five trading sessions. Reuters reported 2024-04-29 that An adviser to BHP on its $39 billion Anglo American bid is seeking views from some of its shareholders as the miner weighs making a revised offer after its initial proposal was rejected last week, sources said.
Is It Worth Investing in BHP Group Limited ADR (NYSE: BHP) Right Now?
BHP Group Limited ADR (NYSE: BHP) has a price-to-earnings ratio that is above its average at 19.57x. The stock has a 36-month beta value of 1.08. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for BHP is 2.53B, and at present, short sellers hold a 0.33% of that float. On April 30, 2024, the average trading volume of BHP was 2.64M shares.
BHP’s Market Performance
BHP’s stock has seen a -2.91% decrease for the week, with a -1.53% drop in the past month and a -8.31% fall in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.61% for BHP Group Limited ADR The simple moving average for the past 20 days is -2.91% for BHP’s stock, with a -4.47% simple moving average for the past 200 days.
Analysts’ Opinion of BHP
Bernstein gave a rating of “Mkt Perform” to BHP, setting the target price at $58 in the report published on September 25th of the previous year.
BHP Trading at -1.86% from the 50-Day Moving Average
After a stumble in the market that brought BHP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.80% of loss for the given period.
Volatility was left at 1.61%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -2.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.70% lower at present.
During the last 5 trading sessions, BHP fell by -2.91%, which changed the moving average for the period of 200-days by -8.86% in comparison to the 20-day moving average, which settled at $58.44. In addition, BHP Group Limited ADR saw -16.84% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BHP
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.34 for the gross margin
The net margin for BHP Group Limited ADR stands at 0.13. The total capital return value is set at 0.22. Equity return is now at value 17.53, with 7.84 for asset returns.
Based on BHP Group Limited ADR (BHP), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.93. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 13.22.
Currently, EBITDA for the company is 27.12 billion with net debt to EBITDA at 0.5. When we switch over and look at the enterprise to sales, we see a ratio of 2.83. The receivables turnover for the company is 9.52for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To sum up, BHP Group Limited ADR (BHP) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
