Share on StockTwits

The Andersons (NASDAQ:ANDE) Insider Dennis J. Addis sold 4,769 shares of The Andersons stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $65.50, for a total transaction of $312,369.50. Following the sale, the insider now directly owns 3,600 shares of the company’s stock, valued at approximately $235,800. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

The Andersons (NASDAQ:ANDE) traded up 0.87% on Tuesday, hitting $66.89. 200,709 shares of the company’s stock traded hands. The Andersons has a 52-week low of $42.4533 and a 52-week high of $66.81. The stock’s 50-day moving average is $57.93 and its 200-day moving average is $56.01. The company has a market cap of $1.890 billion and a price-to-earnings ratio of 16.38.

The Andersons (NASDAQ:ANDE) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $1.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.16 by $0.40. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the company posted $1.05 earnings per share. The Andersons’s revenue was down 16.3% compared to the same quarter last year. Analysts expect that The Andersons will post $4.36 EPS for the current fiscal year.

ANDE has been the subject of a number of recent research reports. Analysts at BMO Capital Markets raised their price target on shares of The Andersons from $56.00 to $65.00 in a research note on Friday, August 8th. Separately, analysts at Zacks reiterated an “outperform” rating on shares of The Andersons in a research note on Friday, August 8th. They now have a $72.00 price target on the stock. Finally, analysts at Feltl & Co. upgraded shares of The Andersons from a “hold” rating to a “buy” rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The Andersons currently has a consensus rating of “Buy” and an average price target of $64.75.

The Andersons, Inc is a diversified company engaged in agriculture business. The Company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing.

Receive News & Ratings for The Andersons Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Andersons Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.