BHP Group Limited ADR (BHP) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for BHP Group Limited ADR (NYSE: BHP) is above average at 16.52x, Company’s 36-month beta value is 1.07.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for BHP is 2.54B, and currently, short sellers hold a 0.41% ratio of that floaft. The average trading volume of BHP on November 27, 2024 was 2.52M shares.

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BHP) stock’s latest price update

BHP Group Limited ADR (NYSE: BHP) has seen a decline in its stock price by -2.42 in relation to its previous close of 52.46. However, the company has experienced a -2.83% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-18 that Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, such as MDU Resources and Haleon.

BHP’s Market Performance

BHP Group Limited ADR (BHP) has seen a -2.83% fall in stock performance for the week, with a -10.38% decline in the past month and a -5.94% plunge in the past quarter. The volatility ratio for the week is 1.10%, and the volatility levels for the past 30 days are at 1.32% for BHP. The simple moving average for the past 20 days is -4.97% for BHP’s stock, with a -9.72% 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 -9.22% 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 -25.93% of loss for the given period.

Volatility was left at 1.32%, however, over the last 30 days, the volatility rate increased by 1.10%, as shares sank -10.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.23% lower at present.

During the last 5 trading sessions, BHP fell by -2.83%, which changed the moving average for the period of 200-days by -15.32% in comparison to the 20-day moving average, which settled at $53.87. In addition, BHP Group Limited ADR saw -25.06% 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:

  • 0.36 for the present operating margin
  • 0.59 for the gross margin

The net margin for BHP Group Limited ADR stands at 0.14. The total capital return value is set at 0.23. 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 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 1.16. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 24.17.

Currently, EBITDA for the company is 23.52 billion with net debt to EBITDA at 0.28. When we switch over and look at the enterprise to sales, we see a ratio of 2.47. The receivables turnover for the company is 10.84for 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 1.70.

Conclusion

In a nutshell, BHP Group Limited ADR (BHP) has experienced a bad performance in recent times. The stock has received mixed “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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