Andersons Inc (ANDE) Shares Up Despite Recent Market Volatility

Andersons Inc (NASDAQ: ANDE)’s stock price has increased by 1.37 compared to its previous closing price of 41.64. However, the company has seen a 4.17% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-12 that MAUMEE, Ohio, Dec. 12, 2024 /PRNewswire/ — The Andersons, Inc. (Nasdaq: ANDE) announces a first quarter 2025 cash dividend of 19.5 cents ($0.195) per share payable on January 23, 2025, to shareholders of record as of January 02, 2025. This three percent increase from the company’s fourth quarter 2024 cash dividend of 19 cents ($0.19) per share reflects continuing strong cash generation through shifting ag markets.

Is It Worth Investing in Andersons Inc (NASDAQ: ANDE) Right Now?

Andersons Inc (NASDAQ: ANDE) has a price-to-earnings ratio of 12.07x that is above its average ratio. Additionally, the 36-month beta value for ANDE is 0.60. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for ANDE is 32.33M and currently, short sellers hold a 3.28% ratio of that float. The average trading volume of ANDE on January 09, 2025 was 292.15K shares.

ANDE’s Market Performance

ANDE stock saw a decrease of 4.17% in the past week, with a monthly decline of -7.33% and a quarterly a decrease of -14.62%. The volatility ratio for the week is 3.22%, and the volatility levels for the last 30 days are 3.07% for Andersons Inc (ANDE). The simple moving average for the last 20 days is 0.85% for ANDE stock, with a simple moving average of -15.07% for the last 200 days.

Analysts’ Opinion of ANDE

Many brokerage firms have already submitted their reports for ANDE stocks, with ROTH MKM repeating the rating for ANDE by listing it as a “Buy.” The predicted price for ANDE in the upcoming period, according to ROTH MKM is $55 based on the research report published on June 22, 2023 of the previous year 2023.

Stephens, on the other hand, stated in their research note that they expect to see ANDE reach a price target of $48, previously predicting the price at $36. The rating they have provided for ANDE stocks is “Overweight” according to the report published on November 04th, 2021.

Lake Street gave a rating of “Buy” to ANDE, setting the target price at $42 in the report published on October 20th of the previous year.

ANDE Trading at -6.32% from the 50-Day Moving Average

After a stumble in the market that brought ANDE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.32% of loss for the given period.

Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 3.22%, as shares sank -9.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.38% lower at present.

During the last 5 trading sessions, ANDE rose by +4.17%, which changed the moving average for the period of 200-days by -24.65% in comparison to the 20-day moving average, which settled at $41.85. In addition, Andersons Inc saw 4.17% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ANDE starting from McNeely Joseph E, who sale 2,382 shares at the price of $47.73 back on Nov 27 ’24. After this action, McNeely Joseph E now owns 49,601 shares of Andersons Inc, valued at $113,686 using the latest closing price.

Bowe Patrick E., the President & CEO of Andersons Inc, sale 5,419 shares at $60.56 during a trade that took place back on Apr 23 ’24, which means that Bowe Patrick E. is holding 79,740 shares at $328,175 based on the most recent closing price.

Stock Fundamentals for ANDE

Current profitability levels for the company are sitting at:

  • 0.02 for the present operating margin
  • 0.06 for the gross margin

The net margin for Andersons Inc stands at 0.01. The total capital return value is set at 0.1. Equity return is now at value 9.35, with 3.44 for asset returns.

Based on Andersons Inc (ANDE), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.54. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is 7.28.

Currently, EBITDA for the company is 341.54 million with net debt to EBITDA at 0.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.14. The receivables turnover for the company is 15.0for trailing twelve months and the total asset turnover is 3.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.

Conclusion

In conclusion, Andersons Inc (ANDE) 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.

Most Popular

Related Posts