Trading Day Review: Archer Daniels Midland Co. (ADM) Loses Momentum, Closing at 61.07

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The price of Archer Daniels Midland Co. (NYSE: ADM) closed at $61.07 in the last session, down -1.21% from day before closing price of $61.82. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 3.42 million shares were traded. ADM stock price reached its highest trading level at $62.13 during the session, while it also had its lowest trading level at $60.47.

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 6.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.72. 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:

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 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 30195329024 and an Enterprise Value of 40973316096. As of this moment, Archer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.71, and their Forward P/E ratio for the next fiscal year is 10.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 0.447 whereas that against EBITDA is 9.069.

Stock Price History:

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 -0.77%, while the 200-Day Moving Average is calculated to be -8.83%.

Shares Statistics:

According to the various share statistics, ADM traded on average about 4.67M shares per day over the past 3-months and 4117100 shares per day over the past 10 days. A total of 513.00M shares are outstanding, with a floating share count of 491.08M. Insiders hold about 0.68% of the company’s shares, while institutions hold 81.63% stake in the company. Shares short for ADM as of 1715731200 were 9485624 with a Short Ratio of 2.03, compared to 1713139200 on 8828790. Therefore, it implies a Short% of Shares Outstanding of 9485624 and a Short% of Float of 2.19.

Dividends & Splits

The forward annual dividend rate for ADM is 1.90, which was 1.85 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02992559The stock’s 5-year Average Dividend Yield is 2.61.

Earnings Estimates

The company has 11.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.27 for the current quarter, with a high estimate of $1.49 and a low estimate of $1.17, while EPS last year was $1.89. The consensus estimate for the next quarter is $1.35, with high estimates of $1.59 and low estimates of $1.2.

Analysts are recommending an EPS of between $5.91 and $5.25 for the fiscal current year, implying an average EPS of $5.56. EPS for the following year is $5.55, with 11.0 analysts recommending between $6.27 and $4.44.

Revenue Estimates

According to 8 analysts, the current quarter’s revenue is expected to be $23.21B. It ranges from a high estimate of $26.34B to a low estimate of $19.36B. As of the current estimate, Archer Daniels Midland Co.’s year-ago sales were $25.19BFor the next quarter, 8 analysts are estimating revenue of $22.29B. There is a high estimate of $26.36B for the next quarter, whereas the lowest estimate is $20.4B.

A total of 11 analysts have provided revenue estimates for ADM’s current fiscal year. The highest revenue estimate was $101.07B, while the lowest revenue estimate was $84.83B, resulting in an average revenue estimate of $90.51B. In the same quarter a year ago, actual revenue was $93.94BBased on 11 analysts’ estimates, the company’s revenue will be $92.47B in the next fiscal year. The high estimate is $107.11B and the low estimate is $86.17B.

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