Bunge Global (NYSE:BG) Announces Earnings Results

Bunge Global (NYSE:BG) issued its earnings results on Wednesday. The basic materials company reported $2.13 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.17), Zacks reports. Bunge Global had a return on equity of 13.71% and a net margin of 2.11%. Bunge Global updated its FY 2025 guidance to 7.750- EPS.

Bunge Global Trading Down 5.2 %

NYSE:BG traded down $3.89 during trading hours on Wednesday, reaching $71.13. 1,063,448 shares of the company were exchanged, compared to its average volume of 1,395,506. Bunge Global has a 52-week low of $69.78 and a 52-week high of $114.92. The stock has a 50 day simple moving average of $80.51 and a 200 day simple moving average of $90.45. The firm has a market cap of $9.93 billion, a price-to-earnings ratio of 9.01 and a beta of 0.69. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.07 and a quick ratio of 1.10.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Stephens lowered their target price on shares of Bunge Global from $110.00 to $105.00 in a research report on Monday. Barclays cut Bunge Global from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $115.00 to $95.00 in a report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.71.

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.