The price-to-earnings ratio for Archer Daniels Midland Co. (NYSE: ADM) is above average at 9.73x. The 36-month beta value for ADM is also noteworthy at 0.77. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 12 rating it as “hold,” and 1 rating it as “sell.”
The public float for ADM is 505.70M, and at present, short sellers hold a 1.50% of that float. The average trading volume of ADM on April 02, 2024 was 6.62M shares.
ADM) stock’s latest price update
The stock price of Archer Daniels Midland Co. (NYSE: ADM) has dropped by -0.73 compared to previous close of 62.81. Despite this, the company has seen a gain of 0.56% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-01 that In the most recent trading session, Archer Daniels Midland (ADM) closed at $62.35, indicating a -0.73% shift from the previous trading day.
ADM’s Market Performance
ADM’s stock has risen by 0.56% in the past week, with a monthly rise of 17.40% and a quarterly drop of -13.73%. The volatility ratio for the week is 1.59% while the volatility levels for the last 30 days are 2.35% for Archer Daniels Midland Co. The simple moving average for the last 20 days is 6.65% for ADM’s stock, with a simple moving average of -12.54% for the last 200 days.
Analysts’ Opinion of ADM
Many brokerage firms have already submitted their reports for ADM stocks, with Citigroup repeating the rating for ADM by listing it as a “Neutral.” The predicted price for ADM in the upcoming period, according to Citigroup is $57 based on the research report published on February 01, 2024 of the current year 2024.
Stifel gave a rating of “Hold” to ADM, setting the target price at $56 in the report published on January 22nd of the current year.
ADM Trading at 11.17% 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 -28.58% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 1.59%, as shares surge +14.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.30% lower at present.
During the last 5 trading sessions, ADM rose by +0.56%, which changed the moving average for the period of 200-days by -16.06% in comparison to the 20-day moving average, which settled at $58.87. In addition, Archer Daniels Midland Co. saw -13.67% 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 ’23. 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.
Stock Fundamentals for ADM
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.07 for the gross margin
The net margin for Archer Daniels Midland Co. stands at 0.04. The total capital return value is set at 0.11. Equity return is now at value 14.39, with 6.09 for asset returns.
Based on Archer Daniels Midland Co. (ADM), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 6.29.
Currently, EBITDA for the company is 3.94 billion with net debt to EBITDA at 0.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 14.46for trailing twelve months and the total asset turnover is 1.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
In summary, Archer Daniels Midland Co. (ADM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
