BHP Group Limited ADR (NYSE: BHP) has experienced a decline in its stock price by -4.29 compared to its previous closing price of 60.81. However, the company has seen a fall of -6.72% in its stock price over the last five trading days. zacks.com reported 2024-10-07 that ALLY, BHP and DIN have been added to the Zacks Rank #5 (Strong Sell) List on October 7 2024.
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 above average at 18.78x. The 36-month beta value for BHP is also noteworthy at 1.08. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BHP is 2.54B, and at present, short sellers hold a 0.46% of that float. The average trading volume of BHP on October 08, 2024 was 2.58M shares.
BHP’s Market Performance
The stock of BHP Group Limited ADR (BHP) has seen a -6.72% decrease in the past week, with a 12.40% rise in the past month, and a -0.60% fall in the past quarter. The volatility ratio for the week is 1.10%, and the volatility levels for the past 30 days are at 1.31% for BHP. The simple moving average for the past 20 days is 1.36% for BHP’s stock, with a 0.16% simple moving average for the past 200 days.
Analysts’ Opinion of BHP
Many brokerage firms have already submitted their reports for BHP stocks, with Jefferies repeating the rating for BHP by listing it as a “Hold.” The predicted price for BHP in the upcoming period, according to Jefferies is $68 based on the research report published on October 04, 2024 of the current year 2024.
BHP Trading at 5.52% 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 -15.79% of loss for the given period.
Volatility was left at 1.31%, however, over the last 30 days, the volatility rate increased by 1.10%, as shares surge +13.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.71% upper at present.
During the last 5 trading sessions, BHP fell by -6.80%, which changed the moving average for the period of 200-days by -11.93% in comparison to the 20-day moving average, which settled at $57.42. In addition, BHP Group Limited ADR saw -14.80% 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 2.81. 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
In summary, BHP Group Limited ADR (BHP) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
