For its third fiscal quarter (ending September 30), Bunge Ltd (NYSE: BG) has reported a -38% decline in E.P.S. from $2.50 a year ago to $1.56 in the current quarter. E.P.S. were $7.97 for the latest four quarters through September 30 versus $13.09 for the same period a year ago — a decline of -39%.
Recent Price Action
On 10/30/24, Bunge Ltd (NYSE: BG) stock declined by -2.3%, closing at $85.86. Moreover, exceptionally high trading volume at 231% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -3.9% during the last week.
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 consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bunge has a neutral Power Rating of 52 and a slightly positive Appreciation Score of 63, triggering 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.
Be the first to comment