Is it time to Buy before this week’s earning report BHP Group (NYSE:BBL)

Earnings results for BHP Group (NYSE:BBL)

BHP Group Plc is estimated to report earnings on 08/17/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date.

No earning Data

Analyst Opinion on BHP Group (NYSE:BBL)

9 Wall Street analysts have issued ratings and price targets for BHP Group in the last 12 months. Their average twelve-month price target is $71.99, predicting that the stock has a possible upside of 13.36%. The high price target for BBL is $81.00 and the low price target for BBL is $62.97. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus rating of “Buy.”

BHP Group has received a consensus rating of Buy. The company’s average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $71.99, BHP Group has a forecasted upside of 13.4% from its current price of $63.50. BHP Group has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: BHP Group (NYSE:BBL)

BHP Group is a leading dividend payer. It pays a dividend yield of 6.24%, putting its dividend yield in the top 25% of dividend-paying stocks. BHP Group has only been increasing its dividend for 1 years. The dividend payout ratio of BHP Group is 112.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BHP Group will have a dividend payout ratio of 42.17% next year. This indicates that BHP Group will be able to sustain or increase its dividend.

Insiders buying/selling: BHP Group (NYSE:BBL)

In the past three months, BHP Group insiders have not sold or bought any company stock. Only 4.21% of the stock of BHP Group is held by institutions.

Earnings and Valuation of BHP Group (NYSE:BBL

Earnings for BHP Group are expected to grow by 38.64% in the coming year, from $6.91 to $9.58 per share. The P/E ratio of BHP Group is 17.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.15. The P/E ratio of BHP Group is 17.74, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 19.13. BHP Group has a PEG Ratio of 1.63. PEG Ratios above 1 indicate that a company could be overvalued. BHP Group has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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