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Bunge Limited (BG)
NYSE:BG
Bunge (BG) Stock Price & Analysis
1,253 Followers
BG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$85.46 - $114.32
Previous Close$105.42
Volume1.34M
Average Volume (3M)1.79M
Market Cap
$15.12B
Enterprise Value$19.24B
Total Cash (Recent Filing)$2.60B
Total Debt (Recent Filing)$5.76B
Price to Earnings (P/E)7.1
Beta0.44
Next Earnings
Apr 24, 2024EPS Estimate
$2.53Last Dividend Ex-Date
Feb 15, 2024Dividend Yield2.51%
Share Statistics
EPS (TTM)14.89
Shares Outstanding143,418,211
10 Day Avg. Volume1,336,326
30 Day Avg. Volume1,789,311
Standard Deviation0.09
R-Squared0.16
Alpha0.00955
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)1.01
Price to Cash Flow (P/CF)2.60
P/FCF Ratio3.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.32
Enterprise Value/Gross Profit3.97
Enterprise Value/Ebitda5.48
Forecast
1Y Price Target
$115.70Price Target Upside8.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Bunge News
PremiumCompany Announcements
Bunge Limited: Key Financial Events Impacting Investor Insight
PremiumCompany Announcements
Bunge Limited’s Strategic Financial Agreements and Obligations
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBG posted a solid EPS beat with adjusted EPS of $3.70 versus estimates of $3.00/$2.81, highlighting a robust quarterly performance driven by strength in Agribusiness Processing, Refined & Specialty Oils, Milling, and Sugar.
Shareholder ValueDuring the quarter, BG demonstrated a commitment to shareholder value through a strategic share repurchase of $134 million and a significant reduction in net debt by $734 million.
Strategic AcquisitionsThe proposed Viterra acquisition, expected to close in mid-2024, is poised to enhance BG's global scale and cash flow resiliency, with potential synergy capture into 2025 and beyond.
Bears Say
Earnings GuidanceInitial 2024 EPS guidance was set below consensus estimates, signaling potential earnings weakness driven by lower oilseed processing margins and challenges in Refined and Specialty Oils and Sugar JV segments.
Market OutlookWith a recent downturn in soybean crush margins and a conservative outlook on future crush spreads, analysts anticipate a tougher financial environment for companies reliant on these markets.
Strategic ConcernsPotential changes to the BTC/PTC scheme may negatively impact industry players, creating uncertainty for their financial performance in the near future.
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Ownership Overview
4.44% Insiders
35.02% Mutual Funds
28.26% Other Institutional Investors
32.28% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BG FAQ
What was Bunge Limited’s price range in the past 12 months?
Bunge Limited lowest stock price was $85.46 and its highest was $114.32 in the past 12 months.
What is Bunge Limited’s market cap?
Currently, no data Available
When is Bunge Limited’s upcoming earnings report date?
Bunge Limited’s upcoming earnings report date is Apr 24, 2024 which is in 5 days.
How were Bunge Limited’s earnings last quarter?
Bunge Limited released its earnings results on Feb 07, 2024. The company reported $3.7 earnings per share for the quarter, beating the consensus estimate of $2.811 by $0.889.
Is Bunge Limited overvalued?
According to Wall Street analysts Bunge Limited’s price is currently Undervalued.
Does Bunge Limited pay dividends?
Bunge Limited pays a Quarterly dividend of $0.66 which represents an annual dividend yield of 2.51%. See more information on Bunge Limited dividends here
What is Bunge Limited’s EPS estimate?
Bunge Limited’s EPS estimate is $2.53.
How many shares outstanding does Bunge Limited have?
Bunge Limited has 143,418,210 shares outstanding.
What happened to Bunge Limited’s price movement after its last earnings report?
Bunge Limited reported an EPS of $3.7 in its last earnings report, beating expectations of $2.811. Following the earnings report the stock price went down -2.305%.
Which hedge fund is a major shareholder of Bunge Limited?
Among the largest hedge funds holding Bunge Limited’s share is Gamco Investors, Inc. ET AL. It holds Bunge Limited’s shares valued at 6M.
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Bunge Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$115.70 (8.63% Upside)
$115.70 (8.63% Upside)
Blogger Sentiment
Bullish
BG Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 42.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 8.2%
Last 30 Days ▼ 8.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.06%
12-Months-Change
Fundamentals
Return on Equity
22.35%
Trailing 12-Months
Asset Growth
3.22%
Trailing 12-Months
Company Description
Bunge Limited
Bunge Ltd. operates as a holding company, which engages in the supply and transportation of agricultural commodities. It operates through the following segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy and Fertilizer. The Agribusiness segment involves in the purchase, storage, transportation, processing, and sale of agricultural commodities and commodity products. The Edible Oil Products segment includes production and sale of vegetable oils, shortenings, margarines, and mayonnaise. The Milling Products segment consists of production and sale of wheat flours, bakery mixes, corn-based products, and rice. The Sugar and Bioenergy segment comprises manufacture and marketing of sugar and ethanol derived from sugarcane, as well as energy derived from the sugar and ethanol production process. The Fertilizer segment focuses on producing, blending, and distributing fertilizer products for the agricultural industry. The company was founded by Johann Peter Gottlieb Bunge in 1818 and is headquartered in White Plains, NY.
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BG Company Deck
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BG Earnings Call
Q4 2024
0:00 / 0:00
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BG Net sales Breakdown
52.57% Agribusiness Processing Products
24.53% Refined and Specialty Oil Products
19.26% Agribusiness Merchandising Products
3.18% Milling Products
0.47% Other
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BG Stock 12 Months Forecast
Average Price Target
$115.70
▲(8.63% Upside)
Technical Analysis
Best Analysts Covering BG
1 Year
1 Year Success Rate
5/6 ratings generated profit
1 Year Average Return
+11.00%
reiterated a buy rating 2 months ago
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