BHP Group Ltd (NYSE:BHP) – Research analysts at Jefferies Financial Group upped their FY2020 earnings estimates for BHP Group in a report released on Tuesday, July 9th. Jefferies Financial Group analyst C. Lafemina now forecasts that the mining company will earn $5.05 per share for the year, up from their prior estimate of $4.91. Jefferies Financial Group also issued estimates for BHP Group’s FY2021 earnings at $4.66 EPS.

A number of other analysts have also weighed in on BHP. Macquarie set a $6.00 price objective on shares of Cheetah Mobile and gave the stock a “sell” rating in a research report on Tuesday, March 26th. UBS Group lowered shares of BHP Group from a “buy” rating to a “neutral” rating in a research report on Monday, April 22nd. Citigroup increased their price objective on shares of Martin Marietta Materials from $239.00 to $255.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Finally, Zacks Investment Research lowered shares of Glu Mobile from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. Three analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. BHP Group has an average rating of “Hold” and an average target price of $64.00.

Shares of NYSE BHP opened at $57.21 on Wednesday. The firm’s 50-day simple moving average is $55.22. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.55 and a quick ratio of 2.16. The stock has a market cap of $91.30 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 2.91 and a beta of 0.81. BHP Group has a 12-month low of $43.19 and a 12-month high of $59.02.

Institutional investors have recently bought and sold shares of the stock. Berman Capital Advisors LLC acquired a new stake in shares of BHP Group in the fourth quarter valued at about $33,000. Sontag Advisory LLC acquired a new position in BHP Group during the 4th quarter worth approximately $37,000. Massey Quick Simon & CO. LLC acquired a new position in BHP Group during the 1st quarter worth approximately $38,000. Pin Oak Investment Advisors Inc. acquired a new position in BHP Group during the 4th quarter worth approximately $39,000. Finally, Rehmann Capital Advisory Group raised its stake in BHP Group by 31.4% during the 1st quarter. Rehmann Capital Advisory Group now owns 783 shares of the mining company’s stock worth $43,000 after buying an additional 187 shares during the period. 3.59% of the stock is currently owned by institutional investors.

About BHP Group

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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Earnings History and Estimates for BHP Group (NYSE:BHP)

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