BHP Group Limited ADR (BHP) Stock Sees a1.07 Increase

In the past week, BHP stock has gone up by 4.19%, with a monthly decline of -3.72% and a quarterly plunge of -4.74%. The volatility ratio for the week is 1.19%, and the volatility levels for the last 30 days are 1.59% for BHP Group Limited ADR The simple moving average for the last 20 days is -0.44% for BHP’s stock, with a simple moving average of -3.09% for the last 200 days.

Is It Worth Investing in BHP Group Limited ADR (NYSE: BHP) Right Now?

The price-to-earnings ratio for BHP Group Limited ADR (NYSE: BHP) is 19.80x, which is above its average ratio. Moreover, the 36-month beta value for BHP is 1.11. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 0.33% of that float. On May 08, 2024, BHP’s average trading volume was 2.63M shares.

BHP) stock’s latest price update

BHP Group Limited ADR (NYSE: BHP) has experienced a rise in its stock price by 1.07 compared to its previous closing price of 56.86. However, the company has seen a gain of 4.19% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-07 that Dividend Income: Lanny’s April 2024 Summary

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 -0.14% 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 -16.84% of loss for the given period.

Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.19%, as shares sank -4.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.47% upper at present.

During the last 5 trading sessions, BHP rose by +4.19%, which changed the moving average for the period of 200-days by -5.38% in comparison to the 20-day moving average, which settled at $57.58. In addition, BHP Group Limited ADR saw -15.87% 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 2.86. 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 wrap up, the performance of BHP Group Limited ADR (BHP) has been bad in recent times. The stock has received a mixed 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.

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