News headlines about Bunge (NYSE:BG) have trended somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bunge earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 45.1346370493453 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern’s scoring:
- Bunge Limited (NYSE:BG) – Stock to Watch – Nasdaq Journal (nasdaqjournal.com)
- Simple Moving Averages to Consider – Bunge Limited (NYSE: BG) – Stocks Pen (stockspen.com)
- Wild stock to watch: Bunge Limited (BG) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Tracking Technical Indicators on Bunge Limited (BG) – Wall Street Morning (wallstreetmorning.com)
- Bunge Limited, (NYSE: BG) – Hot Stock That Must Be in Your Portfolio – Stock Watch (stocksnewstimes.com)
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Bunge from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Citigroup upgraded shares of Bunge from a “neutral” rating to a “buy” rating and raised their target price for the stock from $77.99 to $89.00 in a research report on Tuesday, March 6th. Piper Jaffray Companies restated a “buy” rating on shares of Bunge in a research report on Thursday, February 15th. Vertical Group upgraded shares of Bunge from a “hold” rating to a “buy” rating in a research report on Thursday, December 14th. Finally, Credit Suisse Group set a $84.00 target price on shares of Bunge and gave the stock a “buy” rating in a research report on Monday, January 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $85.86.
Shares of Bunge (NYSE:BG) opened at $75.87 on Wednesday. The company has a current ratio of 1.67, a quick ratio of 0.86 and a debt-to-equity ratio of 0.62. Bunge has a fifty-two week low of $63.87 and a fifty-two week high of $83.75. The firm has a market capitalization of $10,670.00, a price-to-earnings ratio of 67.74, a P/E/G ratio of 1.62 and a beta of 1.13.
Bunge (NYSE:BG) last issued its quarterly earnings results on Wednesday, February 14th. The basic materials company reported $0.67 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by ($0.81). Bunge had a return on equity of 4.36% and a net margin of 0.35%. The company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $12.57 billion. During the same period in the prior year, the business earned $1.70 earnings per share. Bunge’s revenue for the quarter was down 1.6% compared to the same quarter last year. analysts anticipate that Bunge will post 3.9 EPS for the current year.
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Bunge Company Profile
Bunge Limited is an agribusiness and food company with integrated operations that stretch from the farm field to consumer foods. The Company operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Its Agribusiness segment is an integrated, global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products.
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