As of right now, Archer-Daniels-Midland Company [ADM] is trading at $73.72, up 1.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ADM shares have gain 1.28% over the last week, with a monthly amount drifted -4.30%, and not seem to be holding up well over a long-time horizon.
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On 19, May 2023, ADM to Present at Bernstein’s 39th Annual Strategic Decisions Conference. In a post published today on Yahoo Finance, ADM (NYSE: ADM) will present at Bernstein’s 39th Annual Strategic Decisions Conference in New York City, on Wednesday, May 31. Chairman and CEO Juan Luciano will participate in a fireside chat at 3:30 p.m. EDT. The event will be broadcast live at www.adm.com/webcast, and a replay will also be available for a limited time on www.adm.com/webcast.
From an analyst’s perspective:
Through the last year, Archer-Daniels-Midland Company’s stock price ranged from $70.02 to $98.28. Currently, Wall Street analysts expect the stock to reach $96.07 within the next 12 months. Archer-Daniels-Midland Company [NYSE: ADM] shares were valued at $73.72 at the most recent close of the market. An investor can expect a potential return of 30.32% based on the average ADM price forecast.
Analyzing the ADM fundamentals
For Archer-Daniels-Midland Company, (ADM), the latest quarter sales were 24.08 billion, which represents an 1.80% increase. In this publicly-traded organization, revenue per employee is $2,418,919, while income per employee is $103,331. Gross Margin for this corporation currently stands at +6.90% with Operating Margin at +3.62%, Pretax Margin comes in at +5.15%, and Net Margin reading is +4.27%. To continue investigating profitability, this company’s Return on Assets is posted at 7.49, Equity is 18.56, Total Capital is 10.77, and Invested Capital is 13.54. An extended look at the Principal structure reveals enduring liabilities to the total capital of 29.76 and enduring liabilities to assets of 17.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 72.34 points at the first support level, and at 70.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.70, and for the 2nd resistance point, it is at 75.67.
Archer-Daniels-Midland Company [ADM] reported earnings per share of $2.09 for its fiscal quarter that ended on 3/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.78/share, meaning a difference of $0.31 and a surprise factor of 17.40%. By comparison, the stated earnings for the previous quarter ended on 12/30/2022 were $1.93 per share as compared to estimates of $1.65 per share, a difference of $0.28 representing a surprise of 17.00%.
Ratios To Look Out For
It is important to note that Archer-Daniels-Midland Company [NYSE:ADM] has a current ratio of 1.50. Also, the Quick Ratio is 0.85, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 2.09 and the P/E (TTM) ratio is 9.25.
Transactions by insiders
We now turn our attention to insider trading, which in the past 3 months has resulted in 1 insider buyings of 291,999 shares and 1 insider sellings of 291,999 shares. Recent insider trading involved FINDLAY D CAMERON, Senior Vice President, that happened on Dec 13 when 26197.0 shares were sold. Senior Vice President, FINDLAY D CAMERON completed a deal on Dec 12 to sell 26198.0 shares. Meanwhile, Senior Vice President FINDLAY D CAMERON sold 26198.0 shares on Nov 29.