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BG
Stock ticker: NYSE
AS OF
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Capitalization
15.62B

BG Bunge Global SA Forecast, Technical & Fundamental Analysis

a provider of the agriculture and food services

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for BG with price predictions
07:00 PM EST Nov 30, 2023

BG's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for BG turned positive on October 26, 2023. Looking at past instances where BG's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 14, 2023. You may want to consider a long position or call options on BG as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

BG moved above its 50-day moving average on November 17, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BG crossed bullishly above the 50-day moving average on November 22, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BG advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 274 cases where BG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for BG moved out of overbought territory on November 24, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BG broke above its upper Bollinger Band on November 22, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.537) is normal, around the industry mean (14.693). P/E Ratio (8.389) is within average values for comparable stocks, (30.296). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (13.822). BG has a moderately low Dividend Yield (0.024) as compared to the industry average of (0.051). P/S Ratio (0.269) is also within normal values, averaging (11.922).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Archer Daniels Midland Company (NYSE:ADM), Tyson Foods (NYSE:TSN), Cal-Maine Foods (NASDAQ:CALM).

Industry description

The Agricultural Commodities/Milling industry includes companies that are involved in farming activities, such as crop production, livestock management and animal feed, for commercial purposes. The industry includes a wide range of operations from growing corn, to grain and oilseed processing to the operation of flour mills. Changes in consumer tastes is one of the critical factors influencing what products are grown and raised in this industry. Potential risks to the business include climate change and fluctuations in global prices of agricultural products. Archer-Daniels-Midland Company, Elanco Animal Health, Inc., Bunge Limited and Canopy Growth Corporation are some of the biggest U.S. companies operating in this industry.

Market Cap

The average market capitalization across the Agricultural Commodities/Milling Industry is 2.21B. The market cap for tickers in the group ranges from 459 to 39.04B. ADM holds the highest valuation in this group at 39.04B. The lowest valued company is KALRQ at 459.

High and low price notable news

The average weekly price growth across all stocks in the Agricultural Commodities/Milling Industry was 1%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was -4%. PNDHF experienced the highest price growth at 46%, while CMGHY experienced the biggest fall at -32%.

Volume

The average weekly volume growth across all stocks in the Agricultural Commodities/Milling Industry was 155%. For the same stocks of the Industry, the average monthly volume growth was 51% and the average quarterly volume growth was 7%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 46
P/E Growth Rating: 74
Price Growth Rating: 61
SMR Rating: 70
Profit Risk Rating: 80
Seasonality Score: 32 (-100 ... +100)
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A.I. Advisor
published Earnings

BG is expected to report earnings to fall 4.68% to $2.85 per share on February 07

Bunge Global SA BG Stock Earnings Reports
Q4'23
Est.
$2.85
Q3'23
Beat
by $0.52
Q2'23
Beat
by $1.06
Q1'23
Missed
by $0.01
Q4'22
Beat
by $0.03
The last earnings report on October 26 showed earnings per share of $2.99, beating the estimate of $2.47. With 1.03M shares outstanding, the current market capitalization sits at 15.62B.
A.I.Advisor
published Dividends

BG paid dividends on December 01, 2023

Bunge Global SA BG Stock Dividends
А dividend of $0.66 per share was paid with a record date of December 01, 2023, and an ex-dividend date of November 16, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of the agriculture and food services

Industry AgriculturalCommoditiesMilling

Profile
Fundamentals
Details
Industry
Agricultural Commodities Or Milling
Address
1391 Timberlake Manor Parkway
Phone
+1 314 292-2000
Employees
23000
Web
https://www.bunge.com
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BG and

Correlation & Price change

A.I.dvisor indicates that over the last year, BG has been loosely correlated with ADM. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if BG jumps, then ADM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BG
1D Price
Change %
BG100%
-0.60%
ADM - BG
66%
Loosely correlated
+1.83%
AGRO - BG
56%
Loosely correlated
-2.27%
FDP - BG
25%
Poorly correlated
+1.84%
LND - BG
22%
Poorly correlated
+3.30%
DOLE - BG
21%
Poorly correlated
+2.00%
More

Groups containing BG

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BG
1D Price
Change %
BG100%
-0.60%
BG
(undefined stocks)
95%
Closely correlated
+0.62%
soy
(undefined stocks)
95%
Closely correlated
-0.35%
breading
(undefined stocks)
92%
Closely correlated
+2.40%
crops
(undefined stocks)
81%
Closely correlated
+4.04%
grains
(undefined stocks)
73%
Closely correlated
+1.88%
More