Archer-Daniels-Midland Company [NYSE: ADM] price surged by 3.07 percent to reach at $1.84. The company report on April 27, 2021 that ADM Reports First Quarter Earnings of $1.22 per Share, $1.39 per Share on an Adjusted Basis.
Q1 net earnings of $689 million; adjusted net earnings of $783 million.
Adjusted segment operating profit up 86 percent year over year.
A sum of 4632561 shares traded at recent session while its average daily volume was at 2.58M shares. Archer-Daniels-Midland Company shares reached a high of $62.508 and dropped to a low of $59.50 until finishing in the latest session at $61.82.
The one-year ADM stock forecast points to a potential downside of -3.17. The average equity rating for ADM stock is currently 1.70, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $59.92 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.
BofA Securities have made an estimate for Archer-Daniels-Midland Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 21, 2021. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $51 to $56. The new note on the price target was released on January 11, 2021, representing the official price target for Archer-Daniels-Midland Company stock. Previously, the target price had yet another raise from $44 to $46, while Credit Suisse kept a Neutral rating on ADM stock.
The Average True Range (ATR) for Archer-Daniels-Midland Company is set at 1.18, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.53. The Price to Book ratio for the last quarter was 1.73.
ADM Stock Performance Analysis:
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 5.30. With this latest performance, ADM shares gained by 6.75% in over the last four-week period, additionally plugging by 19.18% over the last 6 months – not to mention a rise of 69.18% 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 69.11, with the RSI for the last a single of trading hit 73.65, and the three-weeks RSI is set at 66.17 for Archer-Daniels-Midland Company [ADM]. The present Moving Average for the last 50 days of trading for this stock 57.76, while it was recorded at 59.98 for the last single week of trading, and 50.47 for the last 200 days.
Insight into Archer-Daniels-Midland Company 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 +3.65 and a Gross Margin at +7.81. Archer-Daniels-Midland Company’s Net Margin is presently recorded at +2.75.
Return on Total Capital for ADM is now 7.80, given the latest momentum, and Return on Invested Capital for the company is 6.28. Return on Equity for this stock inclined to 9.04, with Return on Assets sitting at 3.78. 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 55.27. Additionally, ADM Total Debt to Total Capital is recorded at 35.59, with Total Debt to Total Assets ending up at 22.23. Long-Term Debt to Equity for the company is recorded at 43.74, with the Long-Term Debt to Total Capital now at 28.17.
Reflecting on the efficiency of the workforce at the company, Archer-Daniels-Midland Company [ADM] managed to generate an average of $45,334 per employee. Receivables Turnover for the company is 12.11 with a Total Asset Turnover recorded at a value of 1.37.Archer-Daniels-Midland Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.50.
ADM Stock EPS
With the latest financial reports released by the company, Archer-Daniels-Midland Company posted 0.85/share EPS, while the average EPS was predicted by analysts to be reported at 0.51/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 66.70%. 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 1.40%.
Archer-Daniels-Midland Company [ADM] Insider Position Details
There are presently around $26,757 million, or 81.30% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 52,451,107, which is approximately -1.233% of the company’s market cap and around 0.40% of the total institutional ownership; STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 51,214,613 shares of the stock with an approximate value of $3.17 billion in ADM stocks shares; and BLACKROCK INC., currently with $2.33 billion in ADM stock with ownership of nearly 1.305% of the company’s market capitalization.
Positions in Archer-Daniels-Midland Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 400 institutional holders increased their position in Archer-Daniels-Midland Company [NYSE:ADM] by around 19,059,711 shares. Additionally, 328 investors decreased positions by around 24,621,763 shares, while 154 investors held positions by with 389,131,594 shares. The mentioned changes placed institutional holdings at 432,813,068 shares, according to the latest SEC report filing. ADM stock had 133 new institutional investments in for a total of 3,919,157 shares, while 49 institutional investors sold positions of 1,930,095 shares during the same period.