Bunge Global (NYSE:BG) Announces Quarterly Earnings Results

Bunge Global (NYSE:BG) posted its quarterly earnings data 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 net margin of 2.11% and a return on equity of 13.71%. Bunge Global updated its FY 2025 guidance to 7.750- EPS.

Bunge Global Stock Down 0.3 %

Shares of NYSE:BG traded down $0.18 during trading on Friday, hitting $69.11. 253,333 shares of the company’s stock traded hands, compared to its average volume of 1,535,235. The company has a 50-day moving average price of $79.74 and a 200-day moving average price of $90.16. Bunge Global has a 52 week low of $67.40 and a 52 week high of $114.92. The company has a market cap of $9.65 billion, a price-to-earnings ratio of 8.76 and a beta of 0.69. The company has a current ratio of 2.07, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43.

Wall Street Analysts Forecast Growth

BG has been the subject of several research analyst reports. Stephens dropped their price target on Bunge Global from $110.00 to $105.00 in a research note on Monday. Barclays lowered their price objective on Bunge Global from $95.00 to $85.00 and set an “equal weight” rating for the company in a report on Thursday. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.