Archer-Daniels-Midland Company (NYSE:ADM) Given Consensus Rating of “Moderate Buy” by Analysts

Archer-Daniels-Midland Company (NYSE:ADM – Get Rating) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $100.78.

A number of equities analysts recently issued reports on ADM shares. Morgan Stanley decreased their target price on Archer-Daniels-Midland from $94.00 to $85.00 and set an “equal weight” rating on the stock in a report on Thursday, April 13th. JPMorgan Chase & Co. decreased their target price on Archer-Daniels-Midland from $87.00 to $85.00 and set a “neutral” rating on the stock in a report on Wednesday, April 12th. 92 Resources reaffirmed a “maintains” rating on shares of Archer-Daniels-Midland in a research report on Thursday, April 27th. Barclays decreased their target price on Archer-Daniels-Midland from $105.00 to $99.00 in a research report on Wednesday, April 26th. Finally, BMO Capital Markets began coverage on Archer-Daniels-Midland in a research report on Thursday, April 13th. They issued an “outperform” rating and a $100.00 target price for the company.

Institutional Trading of Archer-Daniels-Midland

Institutional investors have recently bought and sold shares of the company. Hanseatic Management Services Inc. bought a new position in Archer-Daniels-Midland during the first quarter valued at about $26,000. Trust Co. of Vermont raised its holdings in Archer-Daniels-Midland by 135.6% during the fourth quarter. Trust Co. of Vermont now owns 318 shares of the company’s stock valued at $30,000 after buying an additional 183 shares in the last quarter. Glassy Mountain Advisors Inc. bought a new position in Archer-Daniels-Midland during the fourth quarter valued at about $32,000. Kistler Tiffany Companies LLC bought a new position in Archer-Daniels-Midland during the third quarter valued at about $29,000. Finally, RFP Financial Group LLC bought a new position in Archer-Daniels-Midland during the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 78.23% of the company’s stock.

Archer-Daniels-Midland Stock Up 2.2 %

Shares of ADM stock opened at $75.05 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.86 and a current ratio of 1.51. The stock has a market cap of $40.88 billion, a PE ratio of 9.42, a price-to-earnings-growth ratio of 1.68 and a beta of 0.80. The business’s fifty day moving average is $77.52 and its 200-day moving average is $84.25. Archer-Daniels-Midland has a 1 year low of $70.02 and a 1 year high of $98.28.

Archer-Daniels-Midland (NYSE:ADM – Get Rating) last issued its earnings results on Tuesday, April 25th. The company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.38. The business had revenue of $24.07 billion for the quarter, compared to analysts’ expectations of $24.09 billion. Archer-Daniels-Midland had a return on equity of 18.39% and a net margin of 4.36%. The company’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.90 EPS. Equities analysts expect that Archer-Daniels-Midland will post 6.83 earnings per share for the current fiscal year.

Archer-Daniels-Midland Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 7th. Investors of record on Wednesday, May 17th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, May 16th. This represents a $1.80 dividend on an annualized basis and a yield of 2.40%. Archer-Daniels-Midland’s payout ratio is 22.58%.

About Archer-Daniels-Midland

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Archer-Daniels-Midland Co engages in the production of oilseeds, corn, wheat, cocoa, and other agricultural commodities. It operates through the following segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other. The Ag Services and Oilseeds segment includes activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds cottonseed, sunflower seed, canola, rapeseed, and flaxseed into vegetable oils and protein meals.