Archer Daniels Midland Co [ADM] stock is trading at $52.12, up 2.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADM shares have gain 4.14% over the last week, with a monthly amount glided 0.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup started tracking the stock with Neutral rating on February 01, 2024, and set its price target to $57. On January 23, 2024, downgrade downgraded it’s rating to Hold. Stifel downgraded its rating to a Hold and decreased its price target to $56 on January 22, 2024. ROTH MKM downgraded its rating to a Neutral and reduced its price target to $66 on January 22, 2024. Robert W. Baird downgraded its rating to Neutral for this stock on January 22, 2024, and downed its price target to $61. In a note dated January 22, 2024, Goldman downgraded an Neutral rating on this stock and revised its target price from $90 to $67.
Archer Daniels Midland Co [ADM] stock has fluctuated between $48.40 and $70.51 over the past year. Currently, Wall Street analysts expect the stock to reach $70.6 within the next 12 months. Archer Daniels Midland Co [NYSE: ADM] shares were valued at $52.12 at the most recent close of the market. An investor can expect a potential return of 35.46% based on the average ADM price forecast.
Analyzing the ADM fundamentals
Archer Daniels Midland Co [NYSE:ADM] reported sales of 87.01B for the trailing twelve months, which represents a drop of -8.07%. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
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 51.30 points at the first support level, and at 50.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.74, and for the 2nd resistance point, it is at 53.36.
Ratios To Look Out For
For context, Archer Daniels Midland Co’s Current Ratio is 1.40. As well, the Quick Ratio is 0.84, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 1.13 and price to earnings (TTM) ratio is 14.87.
Transactions by insiders
Recent insider trading involved LUCIANO JUAN R, President & CEO, that happened on Sep 03 ’24 when 0.17 million shares were sold. President & CEO, LUCIANO JUAN R completed a deal on Aug 30 ’24 to sell 45471.0 shares. Meanwhile, Officer LUCIANO JUAN R bought 0.17 million shares on Sep 03 ’24.
