With 1.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.64 million shares. The 52-week range on BG shows that it touched its highest point at $114.92 and its lowest point at $67.40 during that stretch. It currently has a 1-year price target of $88.36. With its current market cap of 9.95 billion, BG has annualized dividend of $2.72 while the current yield stands at 3.82%. Beta for the stock currently stands at 0.64.
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 BG was up-trending over the past week, with a rise of 3.17%, but this was down by -9.37% over a month. Three-month performance dropped to -21.35% while six-month performance fell -25.96%. The stock lost -22.27% in the past year, while it has lost -8.36% so far this year. A look at the trailing 12-month EPS for BG yields 8.08 with Next year EPS estimates of 8.86. For the next quarter, that number is 1.34. This implies an EPS growth rate of -15.10% for this year and 13.51% for next year.
Float and Shares Shorts:
At present, 139.63 million BG shares are outstanding with a float of 138.24 million 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 BG since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $9.49271 being high and $9.24291 being low. For BG, this leads to a yearly average estimate of $9.34283. Based on analyst estimates, the high estimate for the next quarter is $2.1 and the low estimate is $1.76. The average estimate for the next quarter is thus $1.89.
