Archer-Daniels-Midland Company (NYSE: ADM) has a higher price-to-earnings ratio of 10.59x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.83. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Archer-Daniels-Midland Company (ADM) is $98.82, which is $19.73 above the current market price. The public float for ADM is 523.84M, and currently, short sellers hold a 1.02% ratio of that float. The average trading volume of ADM on September 18, 2023 was 2.77M shares.
ADM) stock’s latest price update
The stock of Archer-Daniels-Midland Company (NYSE: ADM) has decreased by -1.61 when compared to last closing price of 80.65.Despite this, the company has seen a gain of 0.69% in its stock price over the last five trading days. Seeking Alpha reported 2023-09-15 that Archer-Daniels-Midland is streamlining its operations to become less dependent on commodity prices and is accelerating dividend growth. The company is focusing on growth opportunities in renewable green diesel, Ag services, Carbohydrate Solutions, and the animal nutrition market. ADM’s solid financials, diverse business model, and attractive valuation make it an interesting investment opportunity.
ADM’s Market Performance
Archer-Daniels-Midland Company (ADM) has seen a 0.69% rise in stock performance for the week, with a -3.43% decline in the past month and a 6.42% surge in the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the past 30 days are at 1.63% for ADM. The simple moving average for the past 20 days is -1.16% for ADM’s stock, with a -2.32% simple moving average for the past 200 days.
Analysts’ Opinion of ADM
Many brokerage firms have already submitted their reports for ADM stocks, with ROTH MKM repeating the rating for ADM by listing it as a “Buy.” The predicted price for ADM in the upcoming period, according to ROTH MKM is $92 based on the research report published on June 22, 2023 of the current year 2023.
ADM Trading at -3.12% from the 50-Day Moving Average
After a stumble in the market that brought ADM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.26% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.61%, as shares sank -3.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.00% upper at present.
During the last 5 trading sessions, ADM rose by +0.69%, which changed the moving average for the period of 200-days by -17.56% in comparison to the 20-day moving average, which settled at $80.12. In addition, Archer-Daniels-Midland Company saw -14.54% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ADM starting from Strader Fruit Molly L, who sale 1,455 shares at the price of $86.80 back on Jul 26. After this action, Strader Fruit Molly L now owns 10,809 shares of Archer-Daniels-Midland Company, valued at $126,294 using the latest closing price.
FINDLAY D CAMERON, the Senior Vice President of Archer-Daniels-Midland Company, sale 26,197 shares at $93.52 during a trade that took place back on Dec 13, which means that FINDLAY D CAMERON is holding 284,987 shares at $2,449,907 based on the most recent closing price.
Stock Fundamentals for ADM
Current profitability levels for the company are sitting at:
- +3.62 for the present operating margin
- +6.90 for the gross margin
The net margin for Archer-Daniels-Midland Company stands at +4.27. The total capital return value is set at 10.77, while invested capital returns managed to touch 13.54. Equity return is now at value 16.90, with 7.10 for asset returns.
Based on Archer-Daniels-Midland Company (ADM), the company’s capital structure generated 42.37 points at debt to equity in total, while total debt to capital is 29.76. Total debt to assets is 17.21, with long-term debt to equity ratio resting at 35.21. Finally, the long-term debt to capital ratio is 24.73.
When we switch over and look at the enterprise to sales, we see a ratio of 0.52, with the company’s debt to enterprise value settled at 0.17. The receivables turnover for the company is 15.23 and the total asset turnover is 1.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
To put it simply, Archer-Daniels-Midland Company (ADM) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.