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In the latest session, Archer Daniels Midland Co. (NYSE: ADM) closed at $62.22 down -3.01% from its previous closing price of $64.15. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 2.19 million shares were traded. ADM stock price reached its highest trading level at $63.99 during the session, while it also had its lowest trading level at $62.2.
Ratios:
For a deeper understanding of Archer Daniels Midland Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.83. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 31718201344 and an Enterprise Value of 41541918720. As of this moment, Archer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.91, and their Forward P/E ratio for the next fiscal year is 11.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 0.453 whereas that against EBITDA is 9.195.
Stock Price History:
The Beta on a monthly basis for ADM is 0.73, which has changed by -0.28400463 over the last 52 weeks, in comparison to a change of 0.21656322 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 0.58%, while the 200-Day Moving Average is calculated to be -3.22%.
Shares Statistics:
For the past three months, ADM has traded an average of 3.91M shares per day and 2538410 over the past ten days. 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 80.76% stake in the company. Shares short for ADM as of 1719532800 were 9759254 with a Short Ratio of 2.49, 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
According to the company, the forward annual dividend rate for ADM is 1.90, from 1.85 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028838659The 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.
