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How Does Bunge Compare to Its Peers on Key Moving Averages?

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Moving averages

On May 2, 2016, Bunge Limited (BG) closed at $62.52. It’s trading 6.4%, 12%, and 7% above its 100-day, 50-day, and 20-day moving averages, respectively. Bunge’s peers in the industry include Archer Daniels Midland (ADM), Ingredion (INGR), and Lancaster Colony (LANC).

Archer Daniels Midland closed at $36.6 on May 2. This was 13.1% above its 100-day moving average, 9.0% above its 50-day moving average, and 6.2% above its 20-day moving average.

On May 2, Ingredion closed at $119. This was 14%, 8%, and 6% above its 100-day, 50-day, and 20-day moving averages, respectively.

Lancaster Colony is trading 10.2%, 11.2%, and 8.2% above 100-day, 50-day, and 20-day moving averages, respectively. Lancaster Colony closed at $36.85 on May 2.

The First Trust Consumer Staples AlphaDEX Fund (FXG) invests 3.0% of its holdings in Archer Daniels Midland, 1.5% of its holdings in Bunge, and 3.2% of its holdings in Ingredion. FXG is trading 5.2%, 2.5%, and 1.6% above its 100-day, 50-day, and 20-day moving averages. It closed at $46.91 on May 2.

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Analysts’ estimates

Analysts’ estimates indicate rises of 12% for Bunge and 3% for Ingredion over the next 12 months. Meanwhile, Archer Daniels Midland already beat estimates by 10%. Lancaster beat analysts’ estimates by 4%.

As of May 2, Archer Daniels Midland, Bunge, Ingredion, and Lancaster saw YTD (year-to-date) returns of 9.8%, -8.4%, 20.0%, and 4.1%, respectively. FXG has risen 5.5% YTD.

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