EPS for Bunge Ltd (BG) Expected At $1.48

July 18, 2017 - By Marry Poplack

 EPS for Bunge Ltd (BG) Expected At $1.48
Investors sentiment increased to 1.14 in Q4 2016. Its up 0.17, from 0.97 in 2016Q3. It increased, as 33 investors sold Bunge Ltd shares while 128 reduced holdings. 61 funds opened positions while 122 raised stakes. 109.06 million shares or 1.14% more from 107.83 million shares in 2016Q3 were reported.
Mariner Wealth Llc invested 0.01% of its portfolio in Bunge Ltd (NYSE:BG). Point72 Asset Limited Partnership has invested 1.54% of its portfolio in Bunge Ltd (NYSE:BG). Argi Serv Lc holds 0.07% of its portfolio in Bunge Ltd (NYSE:BG) for 11,005 shares. Great Lakes Ltd Com stated it has 0.01% in Bunge Ltd (NYSE:BG). Robecosam Ag, Switzerland-based fund reported 30,485 shares. Natixis Asset Management holds 3,238 shares. Earnest Prtnrs Ltd Liability Company owns 74 shares for 0% of their portfolio. Principal invested in 0% or 43,854 shares. The Japan-based Nomura Asset Co Limited has invested 0.03% in Bunge Ltd (NYSE:BG). 400,000 are held by Strs Ohio. Dumont Blake Investment Ltd Liability Corporation has 9,515 shares for 0.32% of their portfolio. Prudential Inc invested in 976,555 shares or 0.11% of the stock. Wellington Mgmt Ltd Liability Partnership reported 276,084 shares. Henderson Group Public Ltd Co holds 0.01% of its portfolio in Bunge Ltd (NYSE:BG) for 20,241 shares. Sii Invs Inc Wi invested 0.12% of its portfolio in Bunge Ltd (NYSE:BG).

Since February 27, 2017, it had 0 buys, and 4 selling transactions for $1.75 million activity. The insider Kabbes David sold $348,300. 4,258 shares were sold by Schroder Soren, worth $348,490 on Monday, February 27.

Investors wait Bunge Ltd (NYSE:BG) to report on July, 27. its quarterly earnings Wall Street analysts expect $1.48 EPS, up $0.69 or 87.34 % from last year’s $0.79 same quarter earnings. This translates into $207.83 million profit for BG giving the stock a 13.29 P/E. This is assuming the current $1.48 EPS is accurate. Bunge Ltd’s Wall Street analysts see 322.86 % EPS growth, taking into account the $0.35 EPS reproted in the previous quarter, The stock increased 0.40% or $0.31 during the last trading session, reaching $78.69. About 790,458 shares traded. Bunge Ltd (NYSE:BG) has risen 14.04% since July 18, 2016 and is uptrending. It has underperformed by 2.66% the S&P500.

Bunge Ltd (NYSE:BG) Ratings Coverage

Among 8 analysts covering Bunge Limited (NYSE:BG), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Bunge Limited had 19 analyst reports since July 31, 2015 according to SRatingsIntel. Citigroup maintained the shares of BG in report on Wednesday, July 12 with “Buy” rating. The stock of Bunge Ltd (NYSE:BG) earned “Overweight” rating by JP Morgan on Friday, February 12. Credit Suisse maintained the shares of BG in report on Friday, May 26 with “Hold” rating. Credit Suisse maintained the shares of BG in report on Friday, May 5 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, September 29 by BMO Capital Markets. The stock has “Buy” rating by Piper Jaffray on Friday, July 14. JP Morgan upgraded it to “Neutral” rating and $70 target in Friday, May 5 report. JP Morgan downgraded the stock to “Underweight” rating in Thursday, April 6 report. As per Monday, June 12, the company rating was maintained by BMO Capital Markets. The company was maintained on Friday, April 29 by Citigroup.

Bunge Limited is an agribusiness and food firm with integrated activities that stretch from the farm field to consumer foods. The company has market cap of $11.05 billion. The Firm operates through five divisions: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. It has a 20.67 P/E ratio. The Company’s Agribusiness segment is an integrated, global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products.

More news for Bunge Ltd (NYSE:BG) were recently published by: Seekingalpha.com, which released: “Reuters: Bunge to focus Russian grain operations on Azov Sea” on July 12, 2017. Prnewswire.com‘s article titled: “Bunge Limited Schedules Second Quarter Earnings Release and Conference Call” and published on July 11, 2017 is yet another important article.

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