Archer Daniels Midland Co. [NYSE: ADM] closed the trading session at $72.16 on 11/09/23. The day’s price range saw the stock hit a low of $71.80, while the highest price level was $72.58. The company report on November 8, 2023 at 9:00 AM that New ADM Report Highlights Power, Urgency of Regenerative Agriculture for Consumers and CPGs.
Survey demonstrates importance of moving quickly and choosing the right partner to meet consumer needs.
ADM (NYSE:ADM), a global leader in sustainable agriculture supply chains, today issued “Farming for the Future: The State of Regenerative Agriculture Program Adoption.”.
The stocks have a year to date performance of -22.28 percent and weekly performance of -0.36 percent. The stock has been moved at -3.66 percent over the last six months. The stock has performed -2.09 percent around the most recent 30 days and changed -14.93 percent over the most recent 3-months.
If compared to the average trading volume of 2.63M shares, ADM reached to a volume of 2955993 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 Co. [ADM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADM shares is $92.68 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 1.94. 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.
ROTH MKM have made an estimate for Archer Daniels Midland Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 22, 2023.
The Average True Range (ATR) for Archer Daniels Midland Co. is set at 1.28, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.40. The Price to Book ratio for the last quarter was 1.53, with the Price to Cash per share for the same quarter was set at 9.45. Price to Free Cash Flow for ADM in the course of the last twelve months was 78.87 with Quick ratio for the last quarter at 1.07.
ADM stock trade performance evaluation
Archer Daniels Midland Co. [ADM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.36. With this latest performance, ADM shares dropped by -2.09% in over the last four-week period, additionally sinking by -3.66% over the last 6 months – not to mention a drop of -25.14% 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 44.84, with the RSI for the last a single of trading hit 47.68, and the three-weeks RSI is set at 43.32 for Archer Daniels Midland Co. [ADM]. The present Moving Average for the last 50 days of trading for this stock 75.10, while it was recorded at 72.35 for the last single week of trading, and 77.96 for the last 200 days.
Archer Daniels Midland Co. [ADM]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Archer Daniels Midland Co. [ADM] shares currently have an operating margin of +3.62 and a Gross Margin at +6.90. Archer Daniels Midland Co.’s Net Margin is presently recorded at +4.27.
Return on Total Capital for ADM is now 10.77, given the latest momentum, and Return on Invested Capital for the company is 13.54. Return on Equity for this stock inclined to 18.56, with Return on Assets sitting at 7.49. When it comes to the capital structure of this company, Archer Daniels Midland Co. [ADM] has a Total Debt to Total Equity ratio set at 42.37. Additionally, ADM Total Debt to Total Capital is recorded at 29.76, with Total Debt to Total Assets ending up at 17.21. Long-Term Debt to Equity for the company is recorded at 35.21, with the Long-Term Debt to Total Capital now at 24.73.
Reflecting on the efficiency of the workforce at the company, Archer Daniels Midland Co. [ADM] managed to generate an average of $103,331 per employee. Receivables Turnover for the company is 15.23 with a Total Asset Turnover recorded at a value of 1.75.Archer Daniels Midland Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.07 and a Current Ratio set at 1.69.
Earnings per share (EPS) analysis for Archer Daniels Midland Co. [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 Co. go to -5.30%.
Archer Daniels Midland Co. [ADM]: Institutional Ownership
The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in ADM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in ADM stock with ownership which is approximately 5.7994%.