Bunge Ltd (NYSE: BG) has reported earnings for its second fiscal quarter (ending June 30) of $0.48 versus $4.13 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $8.91 compared to $13.10 a year ago.
Recent Price Action
Bunge Ltd (NYSE: BG) stock closed at $105.23 on 7/31/24 after a large decline of -8.1%. Moreover, exceptionally high trading volume at 280% of normal accompanied the decline. The stock has declined -5.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BG is expected to continue to be an important Value Builder.
Bunge has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bunge has a neutral Appreciation Score of 55 and a neutral Power Rating of 49, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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