Bunge Global SA (NYSE:BG) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Bunge Global SA (NYSE:BG) have been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $132.6667.

Several research analysts have issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Bunge Global in a research report on Wednesday, August 19th. BMO Capital Markets reissued an “outperform” rating and issued a $150.00 price objective on shares of Bunge Global in a report on Thursday, August 13th. Finally, Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 28th.

Bunge Global Stock Performance

NYSE:BG opened at $115.48 on Monday. The company has a market cap of $22.19 billion, a PE ratio of 22.42 and a beta of 0.65. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.54. The company has a 50 day simple moving average of $112.65 and a two-hundred day simple moving average of $119.60. Bunge Global has a 12 month low of $76.01 and a 12 month high of $134.87.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.03. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The firm had revenue of $24.04 billion for the quarter, compared to the consensus estimate of $22.81 billion. During the same period last year, the business posted $1.31 EPS. The company’s revenue for the quarter was up 88.3% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Research analysts forecast that Bunge Global will post 9.72 earnings per share for the current year.

Insider Activity

In other Bunge Global news, Director Christopher Mahoney acquired 1,500 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average price of $107.60 per share, with a total value of $161,400.00. Following the transaction, the director directly owned 14,820 shares in the company, valued at approximately $1,594,632. The trade was a 11.26% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Bunge Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC boosted its stake in shares of Bunge Global by 23.5% in the first quarter. Root Financial Partners LLC now owns 446 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 85 shares during the period. Allworth Financial LP raised its stake in Bunge Global by 10.4% during the 4th quarter. Allworth Financial LP now owns 1,039 shares of the basic materials company’s stock valued at $93,000 after purchasing an additional 98 shares during the period. Gould Asset Management LLC CA raised its stake in Bunge Global by 2.3% during the 1st quarter. Gould Asset Management LLC CA now owns 4,379 shares of the basic materials company’s stock valued at $557,000 after purchasing an additional 99 shares during the period. Optimize Financial Inc lifted its holdings in Bunge Global by 1.4% in the 4th quarter. Optimize Financial Inc now owns 7,194 shares of the basic materials company’s stock worth $641,000 after purchasing an additional 100 shares in the last quarter. Finally, CoreCap Advisors LLC boosted its stake in Bunge Global by 19.3% in the 2nd quarter. CoreCap Advisors LLC now owns 747 shares of the basic materials company’s stock worth $80,000 after purchasing an additional 121 shares during the period. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Bunge Global Company Profile

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.