Bunge Global (NYSE:BG – Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect Bunge Global to post earnings of $2.30 per share and revenue of $13.18 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Bunge Global Price Performance
Shares of NYSE BG opened at $77.28 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.07 and a quick ratio of 1.10. Bunge Global has a 1 year low of $75.75 and a 1 year high of $114.92. The company’s 50-day moving average is $81.72 and its 200 day moving average is $91.69. The stock has a market capitalization of $10.79 billion, a P/E ratio of 9.78 and a beta of 0.70.
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. Barclays lowered Bunge Global from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $115.00 to $95.00 in a research report on Tuesday, January 21st. Stephens raised Bunge Global to a “strong-buy” rating in a research report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $116.33.
Bunge Global Company Profile
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.
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