The price-to-earnings ratio for Archer Daniels Midland Co. (NYSE: ADM) is 9.86x, which is above its average ratio. Moreover, the 36-month beta value for ADM is 0.77. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 12 as “hold,” and 1 as “sell.”
The public float for ADM is 505.70M and currently, short sellers hold a 1.50% of that float. On April 09, 2024, ADM’s average trading volume was 6.67M shares.
ADM) stock’s latest price update
Archer Daniels Midland Co. (NYSE: ADM)’s stock price has dropped by -0.44 in relation to previous closing price of 63.46. Nevertheless, the company has seen a gain of 1.33% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-06 that This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.
ADM’s Market Performance
ADM’s stock has risen by 1.33% in the past week, with a monthly rise of 16.46% and a quarterly drop of -10.78%. The volatility ratio for the week is 1.30% while the volatility levels for the last 30 days are 2.06% for Archer Daniels Midland Co. The simple moving average for the past 20 days is 4.06% for ADM’s stock, with a -11.02% simple moving average for the past 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 11.82% 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 -27.63% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +15.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.97% upper at present.
During the last 5 trading sessions, ADM rose by +1.33%, which changed the moving average for the period of 200-days by -13.99% in comparison to the 20-day moving average, which settled at $61.14. In addition, Archer Daniels Midland Co. saw -12.52% 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 0.39. 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
To wrap up, the performance of Archer Daniels Midland Co. (ADM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
