Archer-Daniels-Midland Company [ADM] Revenue clocked in at $94.36 billion, up 30.69% YTD: What’s Next?

Archer-Daniels-Midland Company [NYSE: ADM] closed the trading session at $88.33 on 10/20/22. The day’s price range saw the stock hit a low of $88.03, while the highest price level was $89.71. The company report on October 10, 2022 that ADM to Release Third Quarter Financial Results Oct. 25, 2022.


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ADM (NYSE: ADM) will release financial results for the third quarter of 2022 before the market opens on Tuesday, Oct. 25, 2022. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

To listen to the webcast or to download the slide presentation, go to www.adm.com/webcast. A replay of the webcast will also be available for an extended period of time at www.adm.com/webcast.

The stocks have a year to date performance of 30.69 percent and weekly performance of -0.57 percent. The stock has been moved at -8.04 percent over the last six months. The stock has performed 2.71 percent around the most recent 30 days and changed 19.62 percent over the most recent 3-months.

If compared to the average trading volume of 2.64M shares, ADM reached to a volume of 3181990 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 $98.31 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.

Wolfe Research have made an estimate for Archer-Daniels-Midland Company shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 12, 2022. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $80 to $100. The new note on the price target was released on April 19, 2022, representing the official price target for Archer-Daniels-Midland Company stock.

The Average True Range (ATR) for Archer-Daniels-Midland Company is set at 2.63, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 1.52. Price to Free Cash Flow for ADM in the course of the last twelve months was 65.86 with Quick ratio for the last quarter at 0.90.

ADM stock trade performance evaluation

Archer-Daniels-Midland Company [ADM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.57. With this latest performance, ADM shares gained by 2.71% in over the last four-week period, additionally sinking by -8.04% over the last 6 months – not to mention a rise of 36.23% 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 56.59, with the RSI for the last a single of trading hit 59.05, and the three-weeks RSI is set at 55.24 for Archer-Daniels-Midland Company [ADM]. The present Moving Average for the last 50 days of trading for this stock 86.34, while it was recorded at 86.72 for the last single week of trading, and 82.94 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 +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 0.90 and a Current Ratio set at 1.50.

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

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 9.20%.

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

There are presently around $39,301 million, or 81.20% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 62,444,044, which is approximately 2.046% of the company’s market cap and around 0.30% of the total institutional ownership; STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 46,796,552 shares of the stock with an approximate value of $4.13 billion in ADM stocks shares; and BLACKROCK INC., currently with $3.87 billion in ADM stock with ownership of nearly 4.627% of the company’s market capitalization.

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 521 institutional holders increased their position in Archer-Daniels-Midland Company [NYSE:ADM] by around 28,510,994 shares. Additionally, 500 investors decreased positions by around 32,750,229 shares, while 167 investors held positions by with 383,675,278 shares. The mentioned changes placed institutional holdings at 444,936,501 shares, according to the latest SEC report filing. ADM stock had 131 new institutional investments in for a total of 4,719,673 shares, while 109 institutional investors sold positions of 3,161,599 shares during the same period.

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