Closing Figures: Archer Daniels Midland Co. (ADM)’s Positive Finish at 64.56, Up 1.83

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After finishing at $63.40 in the prior trading day, Archer Daniels Midland Co. (NYSE: ADM) closed at $64.56, up 1.83%. In other words, the price has increased by $1.83 from its previous closing price. On the day, 2.13 million shares were traded. ADM stock price reached its highest trading level at $64.68 during the session, while it also had its lowest trading level at $62.63.

Ratios:

Our goal is to gain a better understanding of ADM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.40.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on February 01, 2024, initiated with a Neutral rating and assigned the stock a target price of $57.

Stifel Downgraded its Buy to Hold on January 22, 2024, whereas the target price for the stock was revised from $116 to $56.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 22 ’24 when Strader Fruit Molly L sold 6,904 shares for $60.73 per share. The transaction valued at 419,280 led to the insider holds 8,555 shares of the business.

Strader Fruit Molly L sold 1,455 shares of ADM for $126,294 on Jul 26 ’23. The Vice Pres., Corp. Controller now owns 10,809 shares after completing the transaction at $86.80 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADM now has a Market Capitalization of 31920916480 and an Enterprise Value of 42698903552. As of this moment, Archer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.33, and their Forward P/E ratio for the next fiscal year is 11.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 0.466 whereas that against EBITDA is 9.451.

Stock Price History:

The Beta on a monthly basis for ADM is 0.73, which has changed by -0.20296293 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, ADM has reached a high of $87.30, while it has fallen to a 52-week low of $50.72. The 50-Day Moving Average of the stock is 5.08%, while the 200-Day Moving Average is calculated to be 0.01%.

Shares Statistics:

The stock has traded on average 4.06M shares per day over the past 3-months and 3343750 shares per day over the last 10 days, according to various share statistics. A total of 513.00M shares are outstanding, with a floating share count of 491.03M. Insiders hold about 0.69% of the company’s shares, while institutions hold 81.18% stake in the company. Shares short for ADM as of 1719532800 were 9759254 with a Short Ratio of 2.40, compared to 1717113600 on 12169452. Therefore, it implies a Short% of Shares Outstanding of 9759254 and a Short% of Float of 2.26.

Dividends & Splits

In the trailing 12 months, ADM’s forward annual dividend rate was 1.85, compared to 1.90 this year. Against a Trailing Annual Dividend Yield of 0.02917981The stock’s 5-year Average Dividend Yield is 2.61. The current Payout Ratio is 28.01% for ADM, which recently paid a dividend on 2024-05-15 with an ex-dividend date of 1715731200. Stock splits for the company last occurred on 2001-08-30 when the company split stock in a 105:100 ratio.

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