Archer-Daniels-Midland Company (NYSE:ADM) stock went on a downward path that fall over -1.03% on Thursday, amounting to a one-week price decrease of more than -4.25%. Over the last 12 months, ADM stock rose by 2.51%. The average equity rating for ADM stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for ADM stock reached $24.63 billion, with 557.77 million shares outstanding and 554.44 million shares in the current float. Compared to the average trading volume of 2.73M shares, ADM reached a trading volume of 4003149 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 $48.10 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 2.00. 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.
Monness Crespi & Hardt have made an estimate for Archer-Daniels-Midland Company shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 09, 2020. The new note on the price target was released on October 08, 2019, representing the official price target for Archer-Daniels-Midland Company stock. Previously, the target price had yet another raise from $50 to $51, while BMO Capital Markets kept a Outperform rating on ADM stock.
The Average True Range (ATR) for Archer-Daniels-Midland Company is set at 0.69, with the Price to Sales ratio for ADM stock in the period of the last 12 months amounting to 0.38. The Price to Book ratio for the last quarter was 1.31, with the Price to Cash per share for the same quarter was set at 1.72. Quick ratio for the last quarter at 0.90.
Trading performance analysis for ADM stock
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 -4.25. With this latest performance, ADM shares gained by 0.18% in over the last four-week period, additionally plugging by 5.80% over the last 6 months – not to mention a rise of 2.51% 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 38.72, with the RSI for the last a single of trading hit 28.63, and the three-weeks RSI is set at 47.53 for Archer-Daniels-Midland Company (ADM). The present Moving Average for the last 50 days of trading for this stock 43.99, while it was recorded at 45.11 for the last single week of trading, and 41.43 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 +3.06 and a Gross Margin at +6.43. Archer-Daniels-Midland Company’s Net Margin is presently recorded at +2.81.
Return on Total Capital for ADM is now 7.39, given the latest momentum, and Return on Invested Capital for the company is 7.01. Return on Equity for this stock inclined to 9.71, with Return on Assets sitting at 4.48. When it comes to the capital structure of this company, Archer-Daniels-Midland Company (ADM) has a Total Debt to Total Equity ratio set at 44.19. Additionally, ADM Total Debt to Total Capital is recorded at 30.65, with Total Debt to Total Assets ending up at 20.54. Long-Term Debt to Equity for the company is recorded at 40.56, with the Long-Term Debt to Total Capital now at 28.13.
Reflecting on the efficiency of the workforce at the company, Archer-Daniels-Midland Company (ADM) managed to generate an average of $57,278 per employee. Receivables Turnover for the company is 15.51 with a Total Asset Turnover recorded at a value of 1.59. Archer-Daniels-Midland Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.60.
Archer-Daniels-Midland Company (ADM): An earnings per share (EPS) analysis
With the latest financial reports released by the company, Archer-Daniels-Midland Company posted 0.88/share EPS, while the average EPS was predicted by analysts to be reported at 0.92/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -4.30%. 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 -8.80%.
An analysis of insider ownership at Archer-Daniels-Midland Company (ADM)
There are presently around $19,223 million, or 80.50% of ADM stock, in the hands of institutional investors. The top three institutional holders of ADM stocks are: STATE FARM MUTUAL AUTOMOBILE INSURANCE CO with ownership of 52,212,845, which is approximately -4.481% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 44,700,480 shares of the stock with an approximate value of $1.99 billion in ADM stocks shares; and BLACKROCK INC., currently with $1.71 billion in ADM stock with ownership of nearly -6.634% of the company’s market capitalization.
319 institutional holders increased their position in Archer-Daniels-Midland Company (NYSE:ADM) by around 37,490,476 shares. Additionally, 360 investors decreased positions by around 32,745,532 shares, while 129 investors held positions by with 360,672,666 shares. The mentioned changes placed institutional holdings at 430,908,674 shares, according to the latest SEC report filing. ADM stock had 58 new institutional investments in for a total of 4,582,849 shares, while 91 institutional investors sold positions of 4,008,966 shares during the same period.