Archer Daniels Midland (NYSE:ADM) Raised to “Strong-Buy” at Wall Street Zen

Archer Daniels Midland (NYSE:ADM) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.

Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. UBS Group increased their price target on Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Weiss Ratings upgraded Archer Daniels Midland from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 5th. Barclays boosted their price objective on Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Finally, Zacks Research raised Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $79.67.

Archer Daniels Midland Price Performance

Shares of NYSE:ADM opened at $80.44 on Friday. Archer Daniels Midland has a twelve month low of $55.58 and a twelve month high of $88.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The company has a market cap of $38.77 billion, a PE ratio of 22.04 and a beta of 0.62. The company’s 50 day moving average is $79.78 and its 200 day moving average is $74.90.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.49 by $0.35. The business had revenue of $22.68 billion during the quarter, compared to analysts’ expectations of $22.75 billion. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, sell-side analysts forecast that Archer Daniels Midland will post 5.46 EPS for the current year.

Hedge Funds Weigh In On Archer Daniels Midland

A number of large investors have recently bought and sold shares of the business. Kelleher Financial Advisors acquired a new stake in Archer Daniels Midland in the second quarter valued at approximately $25,000. Motiv8 Investments LLC acquired a new position in shares of Archer Daniels Midland during the 4th quarter worth approximately $26,000. Sankala Group LLC purchased a new position in shares of Archer Daniels Midland during the 4th quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new stake in Archer Daniels Midland in the 4th quarter valued at $29,000. Finally, Global Trust Asset Management LLC acquired a new stake in Archer Daniels Midland in the 1st quarter valued at $29,000. Institutional investors and hedge funds own 78.28% of the company’s stock.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.