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

Shares of Archer Daniels Midland Company (NYSE:ADM) have been assigned an average recommendation of “Reduce” from the ten ratings firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $55.25.

ADM has been the subject of several research analyst reports. Morgan Stanley lifted their price objective on Archer Daniels Midland from $47.00 to $57.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $59.00 price target (down from $61.00) on shares of Archer Daniels Midland in a report on Wednesday, November 5th. Zacks Research cut Archer Daniels Midland from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Barclays raised shares of Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $50.00 to $61.00 in a research note on Wednesday, August 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Wednesday, October 8th.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $59.72 on Thursday. Archer Daniels Midland has a twelve month low of $40.98 and a twelve month high of $65.00. The company has a quick ratio of 0.92, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $60.31 and its 200 day simple moving average is $57.29. The stock has a market cap of $28.70 billion, a P/E ratio of 24.38, a price-to-earnings-growth ratio of 5.13 and a beta of 0.70.

Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, November 4th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The firm had revenue of $20.37 billion for the quarter, compared to the consensus estimate of $20.96 billion. Archer Daniels Midland had a net margin of 1.43% and a return on equity of 8.01%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.09 EPS. Archer Daniels Midland has set its FY 2025 guidance at 3.250-3.500 EPS. As a group, research analysts predict that Archer Daniels Midland will post 4.31 EPS for the current year.

Archer Daniels Midland Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Wednesday, November 19th. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 83.27%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new stake in Archer Daniels Midland during the 1st quarter worth approximately $25,000. SOA Wealth Advisors LLC. acquired a new stake in Archer Daniels Midland during the second quarter worth about $25,000. Trust Co. of Vermont lifted its stake in shares of 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 purchasing an additional 400 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of Archer Daniels Midland by 313.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 509 shares of the company’s stock worth $30,000 after acquiring an additional 386 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new stake in Archer Daniels Midland in the second quarter valued at approximately $32,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

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.