With 2.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.78 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 $85.91. With its current market cap of 11.14 billion, BG has annualized dividend of $2.72 while the current yield stands at 3.28%. Beta for the stock currently stands at 0.67.
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 6.08%, but this was up by 8.66% over a month. Three-month performance surged to 18.58% while six-month performance fell -4.49%. The stock lost -21.33% in the past year, while it has gained 6.62% so far this year. A look at the trailing 12-month EPS for BG yields 7.89 with Next year EPS estimates of 8.70. For the next quarter, that number is 1.32. This implies an EPS growth rate of -15.41% for this year and 11.97% for next year.
Float and Shares Shorts:
At present, 134.40 million BG shares are outstanding with a float of 132.81 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 $2.35 and the low estimate is $1.85. The average estimate for the next quarter is thus $2.14.
