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NYSE:BG

Bunge Global (BG) Stock Price, News & Analysis

$105.89
+2.12 (+2.04%)
(As of 02:52 PM ET)
Today's Range
$103.52
$106.55
50-Day Range
$97.39
$109.75
52-Week Range
$86.10
$116.59
Volume
735,015 shs
Average Volume
1.64 million shs
Market Capitalization
$14.99 billion
P/E Ratio
8.53
Dividend Yield
2.57%
Price Target
$121.00

Bunge Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
14.7% Upside
$121.00 Price Target
Short Interest
Healthy
4.02% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.79
Upright™ Environmental Score
News Sentiment
1.04mentions of Bunge Global in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$2.07 M Sold Last Quarter
Proj. Earnings Growth
3.23%
From $9.28 to $9.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Basic Materials Sector

24th out of 169 stocks

Fats & Oils Industry

2nd out of 3 stocks

BG stock logo

About Bunge Global Stock (NYSE:BG)

Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies for biofuel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that comprise cooking oils, shortenings, margarines, mayonnaise, renewable diesel feedstocks, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. This segment also refines and fractionates palm oil, palm kernel oil, coconut oil, and shea butter, and olive oil; and produces specialty ingredients derived from vegetable oils, such as lecithin. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Global SA was founded in 1818 and is headquartered in Chesterfield, Missouri.

BG Stock Price History

BG Stock News Headlines

Bunge raises dividend by 3% to $0.68
Bunge Global SA
Bunge Stock Sinks as Falling Prices Weigh on Profit
Bunge Global: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Last Earnings
4/24/2024
Ex-Dividend for 6/3 Dividend
5/17/2024
Today
5/28/2024
Dividend Payable
6/03/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fats & oils
Sub-Industry
Agricultural Products
CUSIP
G1696210
Employees
23,000
Year Founded
1818

Price Target and Rating

Average Stock Price Target
$121.00
High Stock Price Target
$141.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+16.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$2.24 billion
Pretax Margin
4.47%

Debt

Sales & Book Value

Annual Sales
$59.54 billion
Cash Flow
$17.30 per share
Book Value
$81.31 per share

Miscellaneous

Free Float
140,745,000
Market Cap
$14.69 billion
Optionable
Optionable
Beta
0.65

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BG Stock Analysis - Frequently Asked Questions

Should I buy or sell Bunge Global stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bunge Global in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BG shares.
View BG analyst ratings
or view top-rated stocks.

What is Bunge Global's stock price target for 2024?

10 Wall Street research analysts have issued 12 month price objectives for Bunge Global's shares. Their BG share price targets range from $105.00 to $141.00. On average, they anticipate the company's share price to reach $121.00 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for BG
or view top-rated stocks among Wall Street analysts.

How have BG shares performed in 2024?

Bunge Global's stock was trading at $100.95 at the beginning of 2024. Since then, BG shares have increased by 4.5% and is now trading at $105.48.
View the best growth stocks for 2024 here
.

Are investors shorting Bunge Global?

Bunge Global saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 5,900,000 shares, an increase of 13.5% from the March 31st total of 5,200,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is presently 3.3 days.
View Bunge Global's Short Interest
.

When is Bunge Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our BG earnings forecast
.

How were Bunge Global's earnings last quarter?

Bunge Global SA (NYSE:BG) issued its earnings results on Wednesday, April, 24th. The basic materials company reported $3.04 EPS for the quarter, beating the consensus estimate of $2.55 by $0.49. The basic materials company had revenue of $13.42 billion for the quarter, compared to the consensus estimate of $13.96 billion. Bunge Global had a net margin of 3.22% and a trailing twelve-month return on equity of 17.49%. Bunge Global's revenue was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.26 EPS.

How often does Bunge Global pay dividends? What is the dividend yield for Bunge Global?

Bunge Global declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, May 20th will be paid a dividend of $0.68 per share on Monday, June 3rd. This represents a $2.72 annualized dividend and a yield of 2.58%. The ex-dividend date is Friday, May 17th.
Read our dividend analysis for BG
.

Is Bunge Global a good dividend stock?

Bunge Global (NYSE:BG) pays an annual dividend of $2.72 per share and currently has a dividend yield of 2.62%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BG will have a dividend payout ratio of 28.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BG.

What guidance has Bunge Global issued on next quarter's earnings?

Bunge Global issued an update on its FY24 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of approx $9.00 for the period, compared to the consensus estimate of $9.33.

What is Gregory A. Heckman's approval rating as Bunge Global's CEO?

21 employees have rated Bunge Global Chief Executive Officer Gregory A. Heckman on Glassdoor.com. Gregory A. Heckman has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Bunge Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bunge Global investors own include Johnson & Johnson (JNJ), Boeing (BA), Exxon Mobil (XOM), Cisco Systems (CSCO), CVS Health (CVS), NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Pfizer (PFE) and Chevron (CVX).

Who are Bunge Global's major shareholders?

Bunge Global's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.51%), Capital World Investors (11.81%), LSV Asset Management (1.35%), Acadian Asset Management LLC (0.50%), Van ECK Associates Corp (0.37%) and Swiss National Bank (0.31%). Insiders that own company stock include Christos Dimopoulos, Deborah Borg, Grain Co Continental, Jerry Matthews Simmons Jr, Julio Garros and Paul J Fribourg.
View institutional ownership trends
.

How do I buy shares of Bunge Global?

Shares of BG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BG) was last updated on 5/28/2024 by MarketBeat.com Staff

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