For Archer-Daniels-Midland Company [ADM], Analyst sees a rise to $46. What next?

Archer-Daniels-Midland Company [NYSE: ADM] surged by $0.18 during the normal trading session on Thursday and reaching a high of $49.84 during the day while it closed the day at $49.38. The company report on December 17, 2020 that ADM to End Production of Dry Lysine in Early 2021.

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Will complete in-progress work to focus solely on meeting demand for liquid and encapsulated lysine products.

ADM (NYSE: ADM) announced it will end production of dry lysine in the first half of 2021, focusing solely on customer needs for liquid and encapsulated lysine products.

Archer-Daniels-Midland Company stock has also gained 0.37% of its value over the past 7 days. However, ADM stock has inclined by 3.65% in the 3 months of the year. Over the past six months meanwhile, it has gained 22.71% and gained 6.54% year-on date.

The market cap for ADM stock reached $27.14 billion, with 561.00 million shares outstanding and 554.22 million shares in the current float. Compared to the average trading volume of 2.86M shares, ADM reached a trading volume of 3055578 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Archer-Daniels-Midland Company [ADM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADM shares is $54.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ADM stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Archer-Daniels-Midland Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 02, 2020. The new note on the price target was released on November 02, 2020, representing the official price target for Archer-Daniels-Midland Company stock. Previously, the target price had yet another raise to $60, while Monness Crespi & Hardt analysts kept a Buy rating on ADM stock.

The Average True Range (ATR) for Archer-Daniels-Midland Company is set at 1.06, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 1.43.

ADM stock trade performance evaluation

Archer-Daniels-Midland Company [ADM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.37. With this latest performance, ADM shares dropped by -1.56% in over the last four-week period, additionally plugging by 22.71% over the last 6 months – not to mention a rise of 8.98% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ADM stock in for the last two-week period is set at 49.08, with the RSI for the last a single of trading hit 47.82, and the three-weeks RSI is set at 50.33 for Archer-Daniels-Midland Company [ADM]. The present Moving Average for the last 50 days of trading for this stock 49.59, while it was recorded at 49.33 for the last single week of trading, and 42.41 for the last 200 days.

Archer-Daniels-Midland Company [ADM]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Archer-Daniels-Midland Company [ADM] shares currently have an operating margin of +2.60 and a Gross Margin at +6.40. Archer-Daniels-Midland Company’s Net Margin is presently recorded at +2.13.

Return on Total Capital for ADM is now 5.93, given the latest momentum, and Return on Invested Capital for the company is 5.08. Return on Equity for this stock inclined to 7.22, with Return on Assets sitting at 3.25. When it comes to the capital structure of this company, Archer-Daniels-Midland Company [ADM] has a Total Debt to Total Equity ratio set at 51.42. Additionally, ADM Total Debt to Total Capital is recorded at 33.96, with Total Debt to Total Assets ending up at 22.45. Long-Term Debt to Equity for the company is recorded at 44.01, with the Long-Term Debt to Total Capital now at 29.06.

Reflecting on the efficiency of the workforce at the company, Archer-Daniels-Midland Company [ADM] managed to generate an average of $36,194 per employee. Receivables Turnover for the company is 13.10 with a Total Asset Turnover recorded at a value of 1.53.Archer-Daniels-Midland Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.60.

Earnings per share (EPS) analysis for Archer-Daniels-Midland Company [ADM] stock

With the latest financial reports released by the company, Archer-Daniels-Midland Company posted 1.42/share EPS, while the average EPS was predicted by analysts to be reported at 0.69/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 105.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ADM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Archer-Daniels-Midland Company go to 4.50%.

Archer-Daniels-Midland Company [ADM]: Insider Ownership positions

There are presently around $21,705 million, or 81.90% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 53,105,951, which is approximately 17.563% of the company’s market cap and around 0.30% of the total institutional ownership; STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 51,214,613 shares of the stock with an approximate value of $2.53 billion in ADM stocks shares; and BLACKROCK INC., currently with $1.84 billion in ADM stock with ownership of nearly -1.117% of the company’s market capitalization.

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Positions in Archer-Daniels-Midland Company stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 320 institutional holders increased their position in Archer-Daniels-Midland Company [NYSE:ADM] by around 25,336,871 shares. Additionally, 351 investors decreased positions by around 25,210,554 shares, while 152 investors held positions by with 389,007,679 shares. The mentioned changes placed institutional holdings at 439,555,104 shares, according to the latest SEC report filing. ADM stock had 83 new institutional investments in for a total of 3,696,453 shares, while 73 institutional investors sold positions of 1,092,982 shares during the same period.

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