Archer-Daniels-Midland Company [NYSE: ADM] gained 4.36% on the last trading session, reaching $78.92 price per share at the time. The company report on July 26, 2022 that ADM Reports Second Quarter Earnings per Share of $2.18, $2.15 on an Adjusted Basis.
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Net earnings and adjusted earnings of about $1.2 billion.
Archer-Daniels-Midland Company represents 566.00 million in outstanding shares, while the company has a total market value of $44.52 billion with the latest information. ADM stock price has been found in the range of $76.65 to $80.00.
If compared to the average trading volume of 3.65M shares, ADM reached a trading volume of 5584059 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $93.46 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 2.30. 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 Neutral, with their previous recommendation back on April 19, 2022. The new note on the price target was released on April 18, 2022, representing the official price target for Archer-Daniels-Midland Company stock. Previously, the target price had yet another raise to $74, while JP Morgan analysts kept a Neutral rating on ADM stock. On October 12, 2021, analysts increased their price target for ADM shares from 65 to 67.
The Average True Range (ATR) for Archer-Daniels-Midland Company is set at 2.42, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.49. The Price to Book ratio for the last quarter was 1.88, with the Price to Cash per share for the same quarter was set at 1.91. Price to Free Cash Flow for ADM in the course of the last twelve months was 14.71 with Quick ratio for the last quarter at 0.80.
Trading performance analysis for ADM stock
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 6.89. With this latest performance, ADM shares gained by 5.90% in over the last four-week period, additionally plugging by 15.06% over the last 6 months – not to mention a rise of 35.04% 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 58.11, with the RSI for the last a single of trading hit 69.34, and the three-weeks RSI is set at 52.38 for Archer-Daniels-Midland Company [ADM]. The present Moving Average for the last 50 days of trading for this stock 80.26, while it was recorded at 75.39 for the last single week of trading, and 76.63 for the last 200 days.
Archer-Daniels-Midland Company [ADM]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Archer-Daniels-Midland Company [ADM] shares currently have an operating margin of +5.01 and a Gross Margin at +8.51. Archer-Daniels-Midland Company’s Net Margin is presently recorded at +3.18.
Return on Equity for this stock inclined to 12.76, with Return on Assets sitting at 5.12.
Archer-Daniels-Midland Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.40.
Archer-Daniels-Midland Company [ADM]: An earnings per share (EPS) analysis
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 7.60%.
An analysis of insider ownership at Archer-Daniels-Midland Company [ADM]
There are presently around $34,125 million, or 81.50% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 61,191,813, which is approximately 3.239% of the company’s market cap and around 0.40% of the total institutional ownership; STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 46,796,552 shares of the stock with an approximate value of $3.54 billion in ADM stocks shares; and CAPITAL WORLD INVESTORS, currently with $3.28 billion in ADM stock with ownership of nearly 7.474% of the company’s market capitalization.
Positions in Archer-Daniels-Midland Company stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 556 institutional holders increased their position in Archer-Daniels-Midland Company [NYSE:ADM] by around 41,757,465 shares. Additionally, 461 investors decreased positions by around 30,598,939 shares, while 160 investors held positions by with 378,909,315 shares. The mentioned changes placed institutional holdings at 451,265,719 shares, according to the latest SEC report filing. ADM stock had 159 new institutional investments in for a total of 12,747,054 shares, while 110 institutional investors sold positions of 3,241,320 shares during the same period.