Bunge Global (NYSE:BG – Get Free Report) posted its quarterly earnings data on Wednesday. The basic materials company reported $2.13 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.17), Zacks reports. Bunge Global had a return on equity of 13.71% and a net margin of 2.11%. Bunge Global updated its FY 2025 guidance to 7.750- EPS.
Bunge Global Price Performance
Shares of NYSE:BG opened at $69.82 on Thursday. The firm has a market capitalization of $9.75 billion, a PE ratio of 8.84 and a beta of 0.69. The company has a quick ratio of 1.10, a current ratio of 2.07 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $80.13 and a two-hundred day moving average price of $90.31. Bunge Global has a twelve month low of $69.73 and a twelve month high of $114.92.
Analyst Ratings Changes
BG has been the subject of a number of recent research reports. Barclays cut their price objective on shares of Bunge Global from $95.00 to $85.00 and set an “equal weight” rating for the company in a report on Thursday. Stephens reduced their price target on shares of Bunge Global from $110.00 to $105.00 in a research note on Monday. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $109.17.
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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