Should I buy or sell Bunge Global stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bunge Global in the last year. There are currently 3 hold ratings and 4 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?

7 analysts have issued twelve-month price targets for Bunge Global's shares. Their BG share price targets range from $110.00 to $141.00. On average, they anticipate the company's share price to reach $127.14 in the next twelve months. This suggests a possible upside of 16.4% 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 2023?

Bunge Global's stock was trading at $99.77 at the start of the year. Since then, BG shares have increased by 9.5% and is now trading at $109.21. View the best growth stocks for 2023 here .

Are investors shorting Bunge Global?

Bunge Global saw a decline in short interest in November. As of November 15th, there was short interest totaling 2,690,000 shares, a decline of 28.3% from the October 31st total of 3,750,000 shares. Based on an average trading volume of 1,070,000 shares, the days-to-cover ratio is presently 2.5 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, February 14th 2024. View our BG earnings forecast .

How were Bunge Global's earnings last quarter?

Bunge Global SA (NYSE:BG) posted its earnings results on Thursday, October, 26th. The basic materials company reported $2.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.50 by $0.49. The basic materials company earned $14.23 billion during the quarter, compared to the consensus estimate of $15.33 billion. Bunge Global had a net margin of 3.20% and a trailing twelve-month return on equity of 18.61%. The company's revenue was down 15.1% on a year-over-year basis. During the same quarter last year, the company posted $3.45 earnings per share.

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

Bunge Global announced a quarterly dividend on Thursday, November 2nd. Investors of record on Friday, February 16th will be paid a dividend of $0.6625 per share on Friday, March 1st. This represents a $2.65 annualized dividend and a yield of 2.43%. The ex-dividend date is Thursday, February 15th. Read our dividend analysis for BG .

Is Bunge Global a good dividend stock?

Bunge Global (NYSE:BG) pays an annual dividend of $2.65 per share and currently has a dividend yield of 2.41%. 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 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BG will have a dividend payout ratio of 22.84% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BG .

What ETFs hold Bunge Global's stock?

ETFs with the largest weight of Bunge Global (NYSE:BG) stock in their portfolio include Leatherback Long/Short Alternative Yield ETF (LBAY) , VanEck Future of Food ETF (YUMY) , First Trust Consumer Staples AlphaDEX Fund (FXG) , OneAscent Large Cap Core ETF (OALC) , Horizon Kinetics Inflation Beneficiaries ETF (INFL) , BlackRock Future Climate and Sustainable Economy ETF (BECO) , Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and Invesco Food & Beverage ETF (PBJ) .

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

Bunge Global issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $12.50 for the period, compared to the consensus estimate of $12.42.

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 many different retail and institutional investors. Top institutional investors include FMR LLC (3.58%), Bank of New York Mellon Corp (1.95%), Northern Trust Corp (1.90%), Invesco Ltd. (1.27%), Morgan Stanley (1.23%) and Charles Schwab Investment Management Inc. (0.93%). Insiders that own company stock include Bernardo Hees , Christos Dimopoulos , Deborah Borg , Grain Co Continental, Jerry Matthews Simmons Jr , Julio Garros , Paul J Fribourg and Raul Padilla . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Bunge Global Stock Price, News & Analysis (NYSE:BG)

$109.21

-0.66 (-0.60%)

(As of 12/1/2023 ET)

Compare

Today's Range: $108.94
▼
$110.44
50-Day Range: $100.72
▼
$110.69
52-Week Range: $87.86
▼
$116.59

Volume: 1.03 million shs
Average Volume: 861,912 shs
Market Capitalization: $15.87 billion

P/E Ratio: 8.45
Dividend Yield: 2.43%
Price Target: $127.14

Bunge Global MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 16.4% Upside
$127.14 Price Target
Short Interest: Healthy
1.85% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.79
Upright™ Environmental Score
News Sentiment: 0.75
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -9.38%
From $12.80 to $11.60 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Basic Materials Sector

61st out of 170 stocks

Fats & Oils Industry

3rd out of 3 stocks

2.3

Analyst's Opinion

Consensus Rating
Bunge Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $127.14, Bunge Global has a forecasted upside of 16.4% from its current price of $109.21.
Amount of Analyst Coverage
Bunge Global has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.85% of the outstanding shares of Bunge Global have been sold short.
Short Interest Ratio / Days to Cover
Bunge Global has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Bunge Global has recently decreased by 28.27%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Bunge Global pays a meaningful dividend of 2.41%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Bunge Global has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Bunge Global is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Bunge Global will have a dividend payout ratio of 22.84% next year. This indicates that Bunge Global will be able to sustain or increase its dividend.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Bunge Global has received a -4.96% net impact score from Upright. The largest negative impact of Bunge Limited in category "GHG emissions" seems to be driven mostly by its "Sugarcane ethanol fuel", "Food warehousing services", "Food transport services", and "Industrial energy production with biomass" products. See details.
Environmental Sustainability
The Environmental Impact score for Bunge Global is -3.79.

2.6

News and Social Media Coverage

News Sentiment
Bunge Global has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Bunge Global this week, compared to 7 articles on an average week.
Search Interest
15 people have searched for BG on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Bunge Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bunge Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Bunge Global is held by insiders.
Percentage Held by Institutions
84.92% of the stock of Bunge Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Bunge Global are expected to decrease by -9.38% in the coming year, from $12.80 to $11.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bunge Global is 8.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bunge Global is 8.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.05.
Price to Book Value per Share Ratio
Bunge Global has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

BG Stock News Headlines

December 2, 2023 | morningstar.com

Bunge Global SA BG

November 28, 2023 | americanbankingnews.com

Bunge Global SA (NYSE:BG) Receives Average Rating of "Moderate Buy" from Analysts

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 21, 2023 | msn.com

Is BUNGE GLOBAL SA (BG) Outperforming Other Basic Materials Stocks This Year?

November 20, 2023 | finance.yahoo.com

Bunge Global (BG) Recently Broke Out Above the 50-Day Moving Average

November 20, 2023 | uk.finance.yahoo.com

Bunge Ltd (BU3.HA)

November 17, 2023 | nz.finance.yahoo.com

Bunge Ltd (BU3.BE)

November 15, 2023 | msn.com

Bunge goes ex dividend tomorrow

December 2, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 15, 2023 | wsj.com

Bunge Global S.A.

November 15, 2023 | finance.yahoo.com

Bunge and Musim Mas Collaborate to Make Palm Value Chain more Sustainable

November 11, 2023 | finance.yahoo.com

Four Days Left To Buy Bunge Global SA (NYSE:BG) Before The Ex-Dividend Date

November 8, 2023 | msn.com

Wall Street Analysts Think Bunge (BG) Could Surge 25.64%: Read This Before Placing a Bet

November 3, 2023 | bizjournals.com

St. Louis agriculture giant Bunge changes country of incorporation

November 2, 2023 | finance.yahoo.com

Bunge seeks antitrust approval for Viterra merger in major jurisdictions

November 1, 2023 | finance.yahoo.com

A World Desperate for Sugar Sees It Pile Up in Brazilian Ports

November 1, 2023 | finance.yahoo.com

Bunge Completes Move of Place of Incorporation to Switzerland, Declares Dividend

October 31, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Ramelius Resources Limited (OtherRMLRF) and Bunge (BG)

October 30, 2023 | gurufocus.com

The Bunge Ltd (BG) Company: A Short SWOT Analysis

October 28, 2023 | finance.yahoo.com

Bunge Limited (NYSE:BG) Q3 2023 Earnings Call Transcript

October 28, 2023 | msn.com

Bunge lifts 2023 outlook as vegoils fuel profit beat; shares rally

October 27, 2023 | finance.yahoo.com

Bunge (BG) Beats Q3 Earnings Estimates

October 26, 2023 | finance.yahoo.com

Q3 2023 Bunge Ltd Earnings Call

October 26, 2023 | msn.com

Why Agribusiness, Food Company Bunge Saw Shares Trading Higher Today

October 26, 2023 | marketwatch.com

Bunge Lifts Full-Year Earnings Outlook

October 26, 2023 | businesswire.com

Third Quarter Results

October 26, 2023 | finance.yahoo.com

Bunge (BG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

See More Headlines

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Company Calendar

Last Earnings: 10/26/2023
Ex-Dividend for 12/1 Dividend: 11/16/2023
Dividend Payable: 12/01/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fats & oils
Sub-Industry: Agricultural Products
Sector: Basic Materials
Current Symbol: NYSE:BG
CUSIP: G1696210
CIK: 1144519
Web: www.bunge.com
Phone: (314) 292-2000
Fax: 914-684-3499
Employees: 23,000
Year Founded: 1818

Price Target and Rating

Average Stock Price Target: $127.14
High Stock Price Target: $141.00
Low Stock Price Target: $110.00
Potential Upside/Downside: +16.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $12.92
Trailing P/E Ratio: 8.45
Forward P/E Ratio: 8.53
P/E Growth: N/A
Net Income: $1.61 billion
Net Margins: 3.20%
Pretax Margin: 4.37%
Return on Equity: 18.61%
Return on Assets: 7.84%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 2.02
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $67.23 billion
Price / Sales: 0.24
Cash Flow: $16.85 per share
Price / Cash Flow: 6.48
Book Value: $76.70 per share
Price / Book: 1.42

Miscellaneous

Outstanding Shares: 145,290,000
Free Float: 143,835,000
Market Cap: $15.87 billion
Optionable: Optionable
Beta: 0.65

Social Links

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Key Executives

Mr. Gregory A. Heckman (Age 61)
CEO & Director
Comp: $6.42M
Mr. John W. Neppl CPA (Age 57)
Executive VP & CFO
Comp: $2.64M
Mr. Joseph A. Podwika (Age 60)
Executive VP, Chief Legal Officer & Assistant Secretary
Comp: $1.67M
Mr. Christos Dimopoulos (Age 49)
Co-President of Agribusiness
Comp: $3.22M
Mr. Julio Garros (Age 47)
Co-President of Agribusiness
Comp: $2.18M
Mr. Jerry Matthews Simmons Jr. (Age 58)
Principal Accounting Officer & Controller
Ms. Debra King (Age 51)
Chief Technology Officer
Ms. Ruth Ann Wisener (Age 57)
Vice President of Investor Relations
Ms. Kellie Sears (Age 53)
Chief Human Resources Officer
Mr. Pierre Mauger (Age 51)
Chief Transformation Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BG Stock Analysis - Frequently Asked Questions

Should I buy or sell Bunge Global stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bunge Global in the last year. There are currently 3 hold ratings and 4 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?: 7 analysts have issued twelve-month price targets for Bunge Global's shares. Their BG share price targets range from $110.00 to $141.00. On average, they anticipate the company's share price to reach $127.14 in the next twelve months. This suggests a possible upside of 16.4% 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 2023?: Bunge Global's stock was trading at $99.77 at the start of the year. Since then, BG shares have increased by 9.5% and is now trading at $109.21.
View the best growth stocks for 2023 here.
Are investors shorting Bunge Global?: Bunge Global saw a decline in short interest in November. As of November 15th, there was short interest totaling 2,690,000 shares, a decline of 28.3% from the October 31st total of 3,750,000 shares. Based on an average trading volume of 1,070,000 shares, the days-to-cover ratio is presently 2.5 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, February 14th 2024.
View our BG earnings forecast.
How were Bunge Global's earnings last quarter?: Bunge Global SA (NYSE:BG) posted its earnings results on Thursday, October, 26th. The basic materials company reported $2.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.50 by $0.49. The basic materials company earned $14.23 billion during the quarter, compared to the consensus estimate of $15.33 billion. Bunge Global had a net margin of 3.20% and a trailing twelve-month return on equity of 18.61%. The company's revenue was down 15.1% on a year-over-year basis. During the same quarter last year, the company posted $3.45 earnings per share.
How often does Bunge Global pay dividends? What is the dividend yield for Bunge Global?: Bunge Global announced a quarterly dividend on Thursday, November 2nd. Investors of record on Friday, February 16th will be paid a dividend of $0.6625 per share on Friday, March 1st. This represents a $2.65 annualized dividend and a yield of 2.43%. The ex-dividend date is Thursday, February 15th.
Read our dividend analysis for BG.
Is Bunge Global a good dividend stock?: Bunge Global (NYSE:BG) pays an annual dividend of $2.65 per share and currently has a dividend yield of 2.41%. 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 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BG will have a dividend payout ratio of 22.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BG.

What ETFs hold Bunge Global's stock?: ETFs with the largest weight of Bunge Global (NYSE:BG) stock in their portfolio include Leatherback Long/Short Alternative Yield ETF (LBAY), VanEck Future of Food ETF (YUMY), First Trust Consumer Staples AlphaDEX Fund (FXG), OneAscent Large Cap Core ETF (OALC), Horizon Kinetics Inflation Beneficiaries ETF (INFL), BlackRock Future Climate and Sustainable Economy ETF (BECO), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) and Invesco Food & Beverage ETF (PBJ).
What guidance has Bunge Global issued on next quarter's earnings?: Bunge Global issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $12.50 for the period, compared to the consensus estimate of $12.42.
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 many different retail and institutional investors. Top institutional investors include FMR LLC (3.58%), Bank of New York Mellon Corp (1.95%), Northern Trust Corp (1.90%), Invesco Ltd. (1.27%), Morgan Stanley (1.23%) and Charles Schwab Investment Management Inc. (0.93%). Insiders that own company stock include Bernardo Hees, Christos Dimopoulos, Deborah Borg, Grain Co Continental, Jerry Matthews Simmons Jr, Julio Garros, Paul J Fribourg and Raul Padilla.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:BG) was last updated on 12/2/2023 by MarketBeat.com Staff

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