With 3.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.24 million shares. The 52-week range on BHP shows that it touched its highest point at $63.21 and its lowest point at $48.06 during that stretch. It currently has a 1-year price target of $52.00. With its current market cap of 132.17 billion, BHP has annualized dividend of $2.92 while the current yield stands at 5.60%. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BHP was up-trending over the past week, with a rise of 2.86%, but this was up by 3.97% over a month. Three-month performance surged to 0.52% while six-month performance fell -3.43%. The stock lost -13.64% in the past year, while it has gained 6.72% so far this year. A look at the trailing 12-month EPS for BHP yields 4.47 with Next year EPS estimates of 4.40. EPS is expected to decline by -9.35% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.75%.
Float and Shares Shorts:
At present, 2.54 billion BHP shares are outstanding with a float of 2.54 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BHP since 11 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.66226 being high and $5.08574 being low. For BHP, this leads to a yearly average estimate of $5.39459. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
