Valued at a market cap of $9.8 billion, Bunge Global SA (BG) is an agribusiness and food company. Its purpose is to connect farmers to consumers so that they can deliver essential food, feed, and fuel to the world. The Chesterfield, Missouri-based company operates through four segments: Agribusiness; Refined and Specialty Oils; Milling; and Sugar and Bioenergy.
Shares of this farm products company have significantly lagged behind the broader market over the past 52 weeks. Bunge has declined 23.5% over this time frame, while the broader S&P 500 Index ($SPX) has soared 22.7%. Moreover, on a YTD basis, the stock is down 9.8%, compared to SPX’s 4.5% rise.
