Archer Daniels Midland Company (NYSE:ADM) Receives Consensus Recommendation of “Reduce” from Analysts

Archer Daniels Midland Company (NYSE:ADM) has earned an average recommendation of “Reduce” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $55.25.

A number of brokerages have recently weighed in on ADM. UBS Group restated a “buy” rating and issued a $70.00 target price (up previously from $60.00) on shares of Archer Daniels Midland in a research note on Monday, August 11th. Barclays raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $50.00 to $61.00 in a research report on Wednesday, August 6th. Wall Street Zen upgraded Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a $59.00 price target (down previously from $61.00) on shares of Archer Daniels Midland in a research report on Wednesday, November 5th.

Archer Daniels Midland Stock Performance

NYSE ADM opened at $58.73 on Friday. The company has a fifty day moving average price of $60.84 and a 200-day moving average price of $56.16. The firm has a market cap of $28.22 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 4.78 and a beta of 0.70. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.42 and a quick ratio of 0.90. Archer Daniels Midland has a 1 year low of $40.98 and a 1 year high of $65.00.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The company had revenue of $20.37 billion for the quarter, compared to analyst estimates of $20.96 billion. During the same period last year, the firm earned $1.09 earnings per share. The firm’s revenue was up 2.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. As a group, equities research analysts predict that Archer Daniels Midland will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, November 19th. Archer Daniels Midland’s dividend payout ratio is currently 83.27%.

Hedge Funds Weigh In On Archer Daniels Midland

Several institutional investors have recently bought and sold shares of ADM. Headlands Technologies LLC bought a new stake in shares of Archer Daniels Midland in the first quarter valued at $25,000. SOA Wealth Advisors LLC. purchased a new stake in Archer Daniels Midland in the 2nd quarter worth about $25,000. Trust Co. of Vermont raised its stake in Archer Daniels Midland by 367.0% in the 3rd quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock valued at $30,000 after acquiring an additional 400 shares during the period. Trust Co. of Toledo NA OH purchased a new stake in Archer Daniels Midland during the second quarter valued at about $32,000. Finally, Hager Investment Management Services LLC boosted its position in Archer Daniels Midland by 113.6% during the third quarter. Hager Investment Management Services LLC now owns 534 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares during the period. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Company Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.