Archer Daniels Midland Co. (ADM) Shares Up Despite Recent Market Volatility

COIN

Archer Daniels Midland Co. (NYSE: ADM)’s stock price has gone rise by 0.77 in comparison to its previous close of 60.62, however, the company has experienced a 0.87% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-09-03 that Archer-Daniels-Midland Company (NYSE:ADM ) Barclays 17th Annual Global Consumer Staples Conference September 3, 2024 3:45 PM ET Company Participants Juan Luciano – Chair of the Board & CEO Monish Patolawala – Chief Financial Officer Conference Call Participants Ben Theurer – Barclays Ben Theurer Welcome to the conference this afternoon. Last session in this room pleased to have on stage ADM, Global Leader in Human Animal Nutrition, Premier Agriculture Origination Processing Company.

Is It Worth Investing in Archer Daniels Midland Co. (NYSE: ADM) Right Now?

The price-to-earnings ratio for Archer Daniels Midland Co. (NYSE: ADM) is above average at 12.25x. The 36-month beta value for ADM is also noteworthy at 0.71. 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.”

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The public float for ADM is 474.68M, and at present, short sellers hold a 1.62% of that float. The average trading volume of ADM on September 04, 2024 was 3.32M shares.

ADM’s Market Performance

ADM stock saw an increase of 0.87% in the past week, with a monthly gain of 4.99% and a quarterly increase of -1.19%. The volatility ratio for the week is 1.55%, and the volatility levels for the last 30 days are 1.51% for Archer Daniels Midland Co. (ADM). The simple moving average for the past 20 days is 2.82% for ADM’s stock, with a -2.13% 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 -0.29% 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 -24.55% of loss for the given period.

Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares surge +5.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.00% lower at present.

During the last 5 trading sessions, ADM rose by +0.54%, which changed the moving average for the period of 200-days by -17.99% in comparison to the 20-day moving average, which settled at $59.56. In addition, Archer Daniels Midland Co. saw -15.42% 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 LUCIANO JUAN R, who sale 45,471 shares at the price of $61.00 back on Aug 30 ’24. After this action, LUCIANO JUAN R now owns 265,210 shares of Archer Daniels Midland Co., valued at $2,773,917 using the latest closing price.

LUCIANO JUAN R, the Officer of Archer Daniels Midland Co., proposed sale 170,194 shares at $60.51 during a trade that took place back on Sep 03 ’24, which means that LUCIANO JUAN R is holding shares at $10,298,829 based on the most recent closing price.

Stock Fundamentals for ADM

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.07 for the gross margin

The net margin for Archer Daniels Midland Co. stands at 0.03. The total capital return value is set at 0.08. Equity return is now at value 11.05, with 4.81 for asset returns.

Based on Archer Daniels Midland Co. (ADM), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is 4.06.

Currently, EBITDA for the company is 3.94 billion with net debt to EBITDA at 1.85. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The receivables turnover for the company is 13.91for trailing twelve months and the total asset turnover is 1.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.

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.

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