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BHP Group Limited (BHP)

(Real Time Quote from BATS)

$56.47 USD

56.47
185,901

+0.35 (0.62%)

Updated Nov 5, 2024 10:33 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 29% (178 out of 250)

Industry: Mining - Miscellaneous

Zacks News

BHP Q1 Iron Ore Production Rises 2% Y/Y, Copper Increases 4%

BHP reports iron ore production of around 65 Mt in the first quarter of fiscal 2025. The miner expects production in fiscal 2025 to be between 255 Mt and 265.5 Mt.

Vale Reports Y/Y Increases in Iron Ore, Copper & Nickel Output in Q3

VALE delivers third-quarter iron ore production of around 91 Mt, and reiterates its 2024 iron ore production goal between 323 Mt and 330 Mt.

SSRM vs. BHP: Which Stock Is the Better Value Option?

SSRM vs. BHP: Which Stock Is the Better Value Option?

New Strong Sell Stocks for October 7th

ALLY, BHP and DIN have been added to the Zacks Rank #5 (Strong Sell) List on October 7 2024.

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China Stimulus, DET Launch & Trimble JV News Boost CAT: Buy the Stock?

CAT stock gains due to China's stimulus measures and other company-related developments. We analyze whether it is a good time to invest in the stock.

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Rio Tinto's Share Price Increases 10% in a Week: How to Play It?

The RIO stock gains 10% in a weak and is trading at a 5% discount to its 52-week high. Let us take a look at its fundamentals to know whether investors should expect more gains.

BHP to Test CAT's Groundbreaking Energy Transfer System at Its Mines

BHP announces plans to trial Caterpillar's Dynamic Energy Transfer system on battery electric and diesel-electric mining trucks at its sites.

Fortescue Inks $2.8B Deal to Buy Zero Emission Machines From Liebherr

FSUGY is set to buy 475 emissions-free machines from Liebherr for $2.8 billion. It aims to decarbonize its entire iron ore mining operations by 2030.

RIO to Test Biofuel Crop for Renewable Diesel Production in Australia

Rio Tinto announces a biofuel pilot in Australia that will explore the use of Pongamia seed oil as a feedstock for renewable diesel.

The Zacks Analyst Blog Exxon Mobil, Salesforce, BHP and Oil-Dri

Exxon Mobil, Salesforce, BHP and Oil-Dri are included in this Analyst Blog.

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Top Analyst Reports for Exxon Mobil, Salesforce & BHP

Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corp. (XOM), Salesforce, Inc. (CRM) and BHP Group Ltd. (BHP), as well as a micro-cap stock Oil-Dri Corporation of America (ODC).

VALE Stock Gains on Increased Iron Ore Production Forecast for 2024

Vale expects to produce iron ore of 323-330 Mt in 2024, suggesting a rise from the 321 Mt produced last year.

Is FlexShares International Quality Dividend ETF (IQDF) a Strong ETF Right Now?

Smart Beta ETF report for IQDF

BHP's Copper Growth Plans Under Review by South Australian Government

BHP Group's expansion plans for Olympic Dam is set to double its copper production in South Australia by the mid-2030s.

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VALE Moves Above 50-Day SMA on CEO Appointment: Time to Buy the Stock?

VALE shares gain on the announcement of Gustavo Pimenta as the CEO. We analyze whether this is a good time to invest in the stock.

Fortescue FY24 Earnings & Revenues Improve Y/Y on Higher Prices

FSUGY's fiscal 2024 revenues, EBITDA and earnings improve year over year due to higher hematite average prices despite flat shipments.

BHP Group FY24 Earnings & Revenues Improve Y/Y on Higher Prices

BHP reports better-than-expected revenues and profits in fiscal 2024 aided by higher iron ore and copper prices and sales volumes.

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VALE Declines 34.3% YTD: How Should You Play the Stock?

VALE's YTD share price performance has been unimpressive. We assess the stock to determine whether it presents a good investment opportunity.

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Q2 Earnings Season Scorecard, Economic Outlook and Analyst Reports for NVIDIA, Meta & Others

Today's Research Daily features the Q2 earnings season scorecard and fresh research reports on NVIDIA (NVDA), Meta (META), Amgen and others.

BHP Reports Record Iron Ore Production in FY24, Copper Up 9%

BHP reports iron ore production of 260 Mt in fiscal 2024. The miner expects production in fiscal 2025 between 255 and 265.5 Mt.

VALE's Q2 Iron Ore Output Up 2% Y/Y, Copper and Nickel Lags

VALE delivers second-quarter iron ore production of around 80.6 Mt and reiterates its 2024 iron ore production goal between 310 Mt and 320 Mt.

Is FlexShares International Quality Dividend ETF (IQDF) a Strong ETF Right Now?

Smart Beta ETF report for IQDF

Rio Tinto (RIO) Builds Solar Power Plant at Diavik Mine

Rio Tinto (RIO) builds a solar power plant that will power its Diavik Diamond Mine in Canada and help cut down annual diesel consumption at the mine by 1 million liters per year.

BHP Seeks Approval for Electric Trolley System at Escondida

BHP seeks a permit from Chile's environmental regulator to build a $250-million electric trolley system at Escondida. It is set to cut down diesel consumption and improve truck performance.

Rio Tinto (RIO) Invests in R&D Facility for BioIron Testing

Rio Tinto (RIO) is building a research and development facility in Western Australia to test the BioIron process, which is expected to aid in decarbonizing the global steel value chain.