Archer Daniels Midland Co. (NYSE: ADM) has a price-to-earnings ratio of 10.25x that is above its average ratio. Additionally, the 36-month beta value for ADM is 0.83. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for ADM is $92.68, which is $19.07 above the current price. The public float for ADM is 529.33M and currently, short sellers hold a 1.01% ratio of that float. The average trading volume of ADM on November 21, 2023 was 2.83M shares.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
ADM) stock’s latest price update
Archer Daniels Midland Co. (NYSE: ADM) has experienced a decline in its stock price by -0.47 compared to its previous closing price of 73.96. However, the company has seen a gain of 0.78% in its stock price over the last five trading days. InvestorPlace reported 2023-11-18 that At first glance, the instinct to target safe stocks for a bear market seems a bit too cautious. After all, a CBS News report earlier this year mentioned that the pessimism is finally over.
ADM’s Market Performance
Archer Daniels Midland Co. (ADM) has experienced a 0.78% rise in stock performance for the past week, with a 1.04% rise in the past month, and a -8.86% drop in the past quarter. The volatility ratio for the week is 1.29%, and the volatility levels for the past 30 days are at 1.68% for ADM. The simple moving average for the last 20 days is 1.89% for ADM’s stock, with a simple moving average of -5.23% for the last 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 -1.17% 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 -24.98% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.29%, as shares surge +1.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.52% lower at present.
During the last 5 trading sessions, ADM rose by +0.78%, which changed the moving average for the period of 200-days by -10.54% in comparison to the 20-day moving average, which settled at $72.30. In addition, Archer Daniels Midland Co. saw -20.72% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
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 Co., valued at $126,294 using the latest closing price.
FINDLAY D CAMERON, the Senior Vice President of Archer Daniels Midland Co., 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 Co. 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 16.00, with 6.94 for asset returns.
Based on Archer Daniels Midland Co. (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 0.50, 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.
Conclusion
In conclusion, Archer Daniels Midland Co. (ADM) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.