Bunge Global (NYSE:BG) Issues Earnings Results

Bunge Global (NYSE:BG - Get Free Report) posted its earnings results on Wednesday. The basic materials company reported $2.13 earnings per share for the quarter, missing analysts' consensus estimates of $2.30 by ($0.17), Zacks reports. Bunge Global had a return on equity of 11.73% and a net margin of 2.14%. Bunge Global updated its FY 2025 guidance to 7.750- EPS.

Bunge Global Trading Up 0.5 %

BG stock traded up $0.32 during trading on Friday, hitting $69.61. 1,612,915 shares of the company traded hands, compared to its average volume of 1,631,976. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.10 and a current ratio of 2.15. The company has a 50-day moving average of $79.34 and a 200-day moving average of $89.72. The firm has a market capitalization of $9.72 billion, a PE ratio of 8.62 and a beta of 0.69. Bunge Global has a 1 year low of $67.40 and a 1 year high of $114.92.

Analyst Upgrades and Downgrades

BG has been the topic of several recent analyst reports. Barclays dropped their price objective on Bunge Global from $95.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Thursday. Stephens dropped their target price on shares of Bunge Global from $110.00 to $105.00 in a research note on Monday, February 3rd. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Bunge Global presently has an average rating of "Moderate Buy" and an average price target of $107.00.

About Bunge Global

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.