Archer Daniels Midland (NYSE:ADM) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Archer Daniels Midland (NYSE:ADM) had its target price lowered by investment analysts at JPMorgan Chase & Co. from $77.00 to $75.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 7.33% from the stock’s current price.

A number of other research firms have also weighed in on ADM. Barclays lifted their price objective on shares of Archer Daniels Midland from $85.00 to $90.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. Jefferies Financial Group upgraded shares of Archer Daniels Midland to a “hold” rating in a research report on Tuesday, September 29th. Wall Street Zen cut shares of Archer Daniels Midland from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Morgan Stanley upgraded shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $60.00 to $79.00 in a research note on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Archer Daniels Midland has an average rating of “Hold” and a consensus target price of $79.83.

Archer Daniels Midland Stock Performance

ADM stock traded up $1.04 during trading on Monday, hitting $80.93. The company had a trading volume of 713,277 shares, compared to its average volume of 3,771,777. The firm has a market cap of $39.01 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.44 and a beta of 0.64. Archer Daniels Midland has a 1-year low of $55.58 and a 1-year high of $88.75. The firm has a 50-day moving average price of $81.90 and a 200-day moving average price of $78.88. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.27.

Archer Daniels Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.35. The company had revenue of $22.68 billion for the quarter, compared to the consensus estimate of $22.75 billion. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period last year, the business posted $0.93 EPS. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. On average, analysts expect that Archer Daniels Midland will post 5.45 earnings per share for the current year.

Hedge Funds Weigh In On Archer Daniels Midland

A number of large investors have recently made changes to their positions in the stock. Kelleher Financial Advisors acquired a new position in Archer Daniels Midland during the second quarter worth about $25,000. Orion Capital Management LLC acquired a new stake in shares of Archer Daniels Midland during the 2nd quarter valued at approximately $27,000. Global Trust Asset Management LLC acquired a new stake in shares of Archer Daniels Midland during the 1st quarter valued at approximately $29,000. OP Asset Management Ltd purchased a new stake in shares of Archer Daniels Midland during the 1st quarter worth approximately $30,000. Finally, Archer Investment Corp purchased a new stake in shares of Archer Daniels Midland during the 2nd quarter worth approximately $35,000. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.