Trading Day Review: Archer Daniels Midland Co. (ADM) Loses Momentum, Closing at 58.14

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The price of Archer Daniels Midland Co. (NYSE: ADM) closed at $58.14 in the last session, down -4.26% from day before closing price of $60.73. In other words, the price has decreased by -$4.26 from its previous closing price. On the day, 3.3 million shares were traded. ADM stock price reached its highest trading level at $60.825 during the session, while it also had its lowest trading level at $58.12.

Ratios:

We take a closer look at ADM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.42.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 03 ’24 when LUCIANO JUAN R sold 170,194 shares for $60.51 per share. The transaction valued at 10,298,813 led to the insider holds 265,210 shares of the business.

LUCIANO JUAN R sold 45,471 shares of ADM for $2,773,917 on Aug 30 ’24. The President & CEO now owns 265,210 shares after completing the transaction at $61.00 per share. On Sep 03 ’24, another insider, LUCIANO JUAN R, who serves as the Officer of the company, bought 170,194 shares for $60.51 each.

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 27799177216 and an Enterprise Value of 39224176640. As of this moment, Archer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.65, and their Forward P/E ratio for the next fiscal year is 10.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.442 whereas that against EBITDA is 9.836.

Stock Price History:

Over the past 52 weeks, ADM has reached a high of $77.35, while it has fallen to a 52-week low of $50.72. The 50-Day Moving Average of the stock is -4.20%, while the 200-Day Moving Average is calculated to be -5.30%.

Shares Statistics:

According to the various share statistics, ADM traded on average about 2.98M shares per day over the past 3-months and 3455110 shares per day over the past 10 days. A total of 513.00M shares are outstanding, with a floating share count of 474.89M. Insiders hold about 0.68% of the company’s shares, while institutions hold 81.23% stake in the company. Shares short for ADM as of 1724976000 were 9167357 with a Short Ratio of 3.02, compared to 1722384000 on 9643401. Therefore, it implies a Short% of Shares Outstanding of 9167357 and a Short% of Float of 2.1999999999999997.

Dividends & Splits

The forward annual dividend rate for ADM is 1.95, which was 1.9 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03128602The stock’s 5-year Average Dividend Yield is 2.6.

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