Wall Street analysts expect Archer Daniels Midland Company (NYSE:ADM) to report sales of $16.53 billion for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Archer Daniels Midland’s earnings, with estimates ranging from $15.81 billion to $17.03 billion. Archer Daniels Midland posted sales of $16.50 billion during the same quarter last year, which would indicate a positive year over year growth rate of 0.2%. The company is scheduled to report its next earnings report on Tuesday, February 6th.

On average, analysts expect that Archer Daniels Midland will report full year sales of $16.53 billion for the current fiscal year, with estimates ranging from $60.57 billion to $63.51 billion. For the next financial year, analysts anticipate that the firm will post sales of $62.74 billion per share, with estimates ranging from $61.39 billion to $64.43 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that follow Archer Daniels Midland.

Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, October 31st. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.10). Archer Daniels Midland had a return on equity of 7.86% and a net margin of 2.01%. The firm had revenue of $14.83 billion during the quarter, compared to the consensus estimate of $16 billion. During the same quarter in the prior year, the business earned $0.59 earnings per share. Archer Daniels Midland’s revenue for the quarter was down 6.3% on a year-over-year basis.

ADM has been the topic of several recent analyst reports. Credit Suisse Group dropped their price objective on Archer Daniels Midland from $45.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, August 31st. Citigroup cut Archer Daniels Midland from a “buy” rating to a “neutral” rating and raised their price objective for the company from $42.25 to $45.00 in a research note on Thursday, September 28th. Robert W. Baird initiated coverage on Archer Daniels Midland in a research note on Monday, September 11th. They set an “outperform” rating and a $50.00 price objective on the stock. Piper Jaffray Companies set a $42.00 price objective on Archer Daniels Midland and gave the company a “hold” rating in a research note on Sunday, October 1st. Finally, Zacks Investment Research upgraded Archer Daniels Midland from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $42.22.

Shares of Archer Daniels Midland (ADM) traded up $0.95 during trading hours on Monday, reaching $40.83. The company’s stock had a trading volume of 3,913,200 shares, compared to its average volume of 3,021,927. The company has a current ratio of 1.61, a quick ratio of 0.91 and a debt-to-equity ratio of 0.38. Archer Daniels Midland has a fifty-two week low of $38.59 and a fifty-two week high of $47.44. The company has a market cap of $22,834.19, a PE ratio of 17.23 and a beta of 1.09.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date is Wednesday, November 15th. Archer Daniels Midland’s payout ratio is 59.81%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Archer Daniels Midland by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 44,408,946 shares of the company’s stock worth $1,837,642,000 after purchasing an additional 1,011,097 shares during the period. BlackRock Inc. raised its stake in shares of Archer Daniels Midland by 6.0% during the 2nd quarter. BlackRock Inc. now owns 41,607,665 shares of the company’s stock worth $1,721,723,000 after purchasing an additional 2,359,196 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Archer Daniels Midland by 16.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 8,826,223 shares of the company’s stock worth $375,203,000 after purchasing an additional 1,246,972 shares during the period. Victory Capital Management Inc. raised its stake in shares of Archer Daniels Midland by 14.2% during the 3rd quarter. Victory Capital Management Inc. now owns 7,364,262 shares of the company’s stock worth $313,054,000 after purchasing an additional 916,285 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Archer Daniels Midland by 0.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,396,427 shares of the company’s stock worth $223,276,000 after purchasing an additional 24,589 shares during the period. Institutional investors own 75.94% of the company’s stock.

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