$2.32 EPS Expected for Bunge Limited (BG)

October 14, 2018 - By Dolores Ford

Bunge Limited (NYSE:BG) LogoInvestors sentiment decreased to 0.9 in 2018 Q2. Its down 0.25, from 1.15 in 2018Q1. It dropped, as 51 investors sold Bunge Limited shares while 114 reduced holdings. 47 funds opened positions while 102 raised stakes. 108.80 million shares or 0.40% more from 108.36 million shares in 2018Q1 were reported.
Credit Agricole S A invested in 7,668 shares. 34,536 were reported by Quantbot Tech Limited Partnership. Sg Americas Secs Lc invested in 0.03% or 42,309 shares. 702,987 were accumulated by Hotchkis & Wiley Management Limited Liability Corporation. Millennium Mgmt Ltd Limited Liability Company stated it has 1.63M shares. Citigroup invested 0.02% in Bunge Limited (NYSE:BG). Cadence Cap Management Ltd Liability stated it has 57,476 shares or 0.24% of all its holdings. Brandywine Invest Llc invested in 0.05% or 106,779 shares. The California-based Los Angeles Mngmt & Equity Research Inc has invested 0% in Bunge Limited (NYSE:BG). Ing Groep Nv holds 1.24% or 928,230 shares. Caisse De Depot Et Placement Du Quebec holds 0.03% or 166,037 shares. Hussman Strategic Advsrs holds 0.47% in Bunge Limited (NYSE:BG) or 25,000 shares. Daiwa Secs Group accumulated 0% or 4,550 shares. Sei Invests has 0.06% invested in Bunge Limited (NYSE:BG) for 246,112 shares. Robecosam Ag owns 20,073 shares for 0.06% of their portfolio.

Since June 4, 2018, it had 0 buys, and 1 insider sale for $289,777 activity.

Analysts expect Bunge Limited (NYSE:BG) to report $2.32 EPS on November, 7.They anticipate $1.57 EPS change or 209.33 % from last quarter’s $0.75 EPS. BG’s profit would be $324.96M giving it 7.24 P/E if the $2.32 EPS is correct. After having $0.10 EPS previously, Bunge Limited’s analysts see 2,220.00 % EPS growth. The stock increased 0.90% or $0.6 during the last trading session, reaching $67.21. About 1.05M shares traded. Bunge Limited (NYSE:BG) has declined 10.96% since October 14, 2017 and is downtrending. It has underperformed by 26.58% the S&P500.

Bunge Limited (NYSE:BG) Ratings Coverage

Among 3 analysts covering Bunge (NYSE:BG), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Bunge had 5 analyst reports since May 3, 2018 according to SRatingsIntel. Credit Suisse maintained Bunge Limited (NYSE:BG) rating on Thursday, May 3. Credit Suisse has “Outperform” rating and $80 target. The firm has “Outperform” rating given on Thursday, August 2 by Credit Suisse. The rating was upgraded by Credit Suisse on Thursday, June 14 to “Buy”. The stock of Bunge Limited (NYSE:BG) earned “Neutral” rating by JP Morgan on Thursday, August 2. The stock has “Buy” rating by Citigroup on Thursday, August 2.

Bunge Limited, together with its subsidiaries, operates as an agribusiness and food firm worldwide. The company has market cap of $9.41 billion. It operates through five divisions: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. It currently has negative earnings. The Agribusiness segment is involved in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products, including oilseeds and grains comprising soybeans, rapeseed, canola, sunflower seeds, wheat, and corn to animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing companies, and biodiesel industries.

Another recent and important Bunge Limited (NYSE:BG) news was published by Seekingalpha.com which published an article titled: “Playing a split Congress” on October 08, 2018.

Bunge Limited (NYSE:BG) Ratings Chart

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