Archer-Daniels-Midland Company [NYSE: ADM] stock went on an upward path that rose over 0.54% on Thursday, amounting to a one-week price increase of more than 0.38%. The company report on February 6, 2023 that ADM Opens More Than $30 Million State-of-the-Art Production Facility in Spain to Meet Growing Demand for Probiotics.
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ADM (NYSE: ADM), one of the world’s leaders in science-backed nutrition solutions, announced today that it has opened a new production facility in Valencia, Spain to help meet rising global demand for probiotics, postbiotics and other products that support health and well-being.
The production facility represents an investment north of $30 million and a more than five-fold increase in ADM’s production capacity, increasing it to 50 metric tons per year. The facility will allow ADM to supply growing markets for probiotics and postbiotics in the U.S., Asia-Pacific and Europe. ADM expects its customer base will more than triple over the next five years as more people recognize the links between the gut microbiome and many aspects of health and look for products tailored to their specific needs.
Over the last 12 months, ADM stock rose by 6.96%. The one-year Archer-Daniels-Midland Company stock forecast points to a potential upside of 20.28. The average equity rating for ADM stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $44.98 billion, with 553.00 million shares outstanding and 547.89 million shares in the current float. Compared to the average trading volume of 3.18M shares, ADM stock reached a trading volume of 3185633 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $102.92 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 2.20. 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.
UBS have made an estimate for Archer-Daniels-Midland Company shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 14, 2022. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Outperform. The new note on the price target was released on August 12, 2022, representing the official price target for Archer-Daniels-Midland Company stock. Previously, the target price had yet another raise from $80 to $100, while BofA Securities kept a Neutral rating on ADM stock.
The Average True Range (ATR) for Archer-Daniels-Midland Company is set at 1.62, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.44. The Price to Book ratio for the last quarter was 1.87, with the Price to Cash per share for the same quarter was set at 1.89. Price to Free Cash Flow for ADM in the course of the last twelve months was 35.70 with Quick ratio for the last quarter at 0.90.
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 0.38. With this latest performance, ADM shares dropped by -4.34% in over the last four-week period, additionally sinking by -6.81% over the last 6 months – not to mention a rise of 6.96% 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 41.18, with the RSI for the last a single of trading hit 45.71, and the three-weeks RSI is set at 40.43 for Archer-Daniels-Midland Company [ADM]. The present Moving Average for the last 50 days of trading for this stock 86.63, while it was recorded at 81.61 for the last single week of trading, and 86.03 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 +3.62 and a Gross Margin at +6.90. Archer-Daniels-Midland Company’s Net Margin is presently recorded at +4.27.
Return on Equity for this stock inclined to 18.56, with Return on Assets sitting at 7.49.
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
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 -2.80%.
Archer-Daniels-Midland Company [ADM] Insider Position Details
There are presently around $36,574 million, or 81.80% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 62,387,832, which is approximately -0.918% of the company’s market cap and around 0.20% of the total institutional ownership; STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 46,796,552 shares of the stock with an approximate value of $3.84 billion in ADM stocks shares; and BLACKROCK INC., currently with $3.66 billion in ADM stock with ownership of nearly 0.961% of the company’s market capitalization.
Positions in Archer-Daniels-Midland Company stocks held by institutional investors increased at the end of Thursday and at the time of the Thursday reporting period, where 598 institutional holders increased their position in Archer-Daniels-Midland Company [NYSE:ADM] by around 22,561,740 shares. Additionally, 462 investors decreased positions by around 17,456,447 shares, while 190 investors held positions by with 405,734,770 shares. The mentioned changes placed institutional holdings at 445,752,957 shares, according to the latest SEC report filing. ADM stock had 185 new institutional investments in for a total of 7,635,729 shares, while 53 institutional investors sold positions of 1,257,085 shares during the same period.