Archer Daniels Midland Co [NYSE: ADM] loss -0.62% on the last trading session, reaching $53.19 price per share at the time.
If compared to the average trading volume of 2.75M shares, ADM reached a trading volume of 2943157 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying 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 $59.56 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 3.18. 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.
Citigroup have made an estimate for Archer Daniels Midland Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 01, 2024. The new note on the price target was released on January 23, 2024, representing the official price target for Archer Daniels Midland Co stock. Previously, the target price had yet another drop from $116 to $56, while Stifel kept a Hold rating on ADM stock. On January 22, 2024, analysts decreased their price target for ADM shares from 98 to 66.
The Average True Range (ATR) for Archer Daniels Midland Co is set at 1.29, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.29. The Price to Book ratio for the last quarter was 1.16, with the Price to Cash per share for the same quarter was set at 9.19. Price to Free Cash Flow for ADM in the course of the last twelve months was 7.22 with Quick ratio for the last quarter at 0.84.
Trading performance analysis for ADM stock
Archer Daniels Midland Co [ADM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.29. With this latest performance, ADM shares dropped by -5.15% in over the last four-week period, additionally sinking by -12.40% over the last 6 months – not to mention a drop of -27.86% 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 43.04, with the RSI for the last a single of trading hit 46.40, and the three-weeks RSI is set at 41.78 for Archer Daniels Midland Co [ADM]. The present Moving Average for the last 50 days of trading for this stock 56.74, while it was recorded at 53.15 for the last single week of trading, and 59.22 for the last 200 days.
Archer Daniels Midland Co [ADM]: A deeper dive into fundamental analysis
Archer Daniels Midland Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 1.40.
Archer Daniels Midland Co [ADM]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Archer Daniels Midland Co posted 1.36/share EPS, while the average EPS was predicted by analysts to be reported at 1.43/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.07. 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 -4.66%.
An analysis of Institutional ownership at Archer Daniels Midland Co [ADM]
There are presently around $80.50%, or 80.97%% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: VANGUARD GROUP INC with ownership of 63.43 million shares, which is approximately 12.364%. STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, holding 46.8 million shares of the stock with an approximate value of $$2.83 billion in ADM stocks shares; and STATE FARM MUTUAL AUTOMOBILE INSURANCE CO, currently with $$2.29 billion in ADM stock with ownership which is approximately 7.3701%.
