BHP Group Limited ADR (BHP) Shares Soar Above 1-Year High

BHP Group Limited ADR (NYSE: BHP)’s stock price has gone rise by 0.17 in comparison to its previous close of 62.01, however, the company has experienced a 13.78% increase in its stock price over the last five trading days. zacks.com reported 2024-09-27 that BHP announces plans to trial Caterpillar’s Dynamic Energy Transfer system on battery electric and diesel-electric mining trucks at its sites.

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

BHP Group Limited ADR (NYSE: BHP) has a higher price-to-earnings ratio of 20.04x compared to its average ratio. BHP has 36-month beta value of 1.08. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for BHP is 2.54B, and currently, short sellers hold a 0.46% ratio of that float. The average trading volume of BHP on September 30, 2024 was 2.52M shares.

BHP’s Market Performance

The stock of BHP Group Limited ADR (BHP) has seen a 13.78% increase in the past week, with a 12.67% rise in the past month, and a 7.63% gain in the past quarter. The volatility ratio for the week is 1.30%, and the volatility levels for the past 30 days are at 1.37% for BHP. The simple moving average for the past 20 days is 14.21% for BHP’s stock, with a 6.63% simple moving average for the past 200 days.

BHP Trading at 14.33% 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 -10.12% of loss for the given period.

Volatility was left at 1.37%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +12.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.85% upper at present.

During the last 5 trading sessions, BHP rose by +14.02%, which changed the moving average for the period of 200-days by +0.15% in comparison to the 20-day moving average, which settled at $54.74. In addition, BHP Group Limited ADR saw -9.07% 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 0.14. The total capital return value is set at 0.22. Equity return is now at value 17.62, with 7.73 for asset returns.

Based on BHP Group Limited ADR (BHP), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 1.13. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 11.45.

Currently, EBITDA for the company is 28.34 billion with net debt to EBITDA at 0.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.98. The receivables turnover for the company is 10.13for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.

Conclusion

To put it simply, BHP Group Limited ADR (BHP) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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