Bunge (NYSE:BG) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect Bunge to post earnings of $1.66 per share for the quarter.
Bunge (NYSE:BG) opened at $79.66 on Tuesday. Bunge has a 52 week low of $63.87 and a 52 week high of $83.75. The firm has a market capitalization of $11,140.00, a PE ratio of 24.36, a P/E/G ratio of 1.51 and a beta of 1.13. The company has a current ratio of 1.60, a quick ratio of 0.82 and a debt-to-equity ratio of 0.60.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 16th will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.84 annualized dividend and a yield of 2.31%. Bunge’s dividend payout ratio is currently 56.27%.
Several research analysts recently weighed in on the company. Zacks Investment Research raised Bunge from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 30th. Credit Suisse Group set a $84.00 target price on Bunge and gave the company a “buy” rating in a research note on Monday, January 22nd. BMO Capital Markets reaffirmed a “buy” rating and set a $87.00 target price on shares of Bunge in a research note on Monday, November 6th. Finally, Vertical Group raised Bunge from a “hold” rating to a “buy” rating in a research note on Thursday, December 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $81.00.
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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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