Archer-Daniels-Midland (ADM) Expected to Announce Quarterly Earnings on Tuesday

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) is expected to be issuing its Q4 2024 quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $1.07 per share and revenue of $22.77 billion for the quarter. Archer-Daniels-Midland has set its FY 2025 guidance at 4.000-4.750 EPS and its FY25 guidance at $4.00-4.75 EPS.Individual that are interested in participating in the company's earnings conference call can do so using this link.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.07. The firm had revenue of $21.50 billion during the quarter, compared to the consensus estimate of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.96% and a net margin of 2.07%. The company's quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.36 EPS. On average, analysts expect Archer-Daniels-Midland to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Archer-Daniels-Midland Price Performance

Shares of NYSE ADM traded down $1.05 during midday trading on Wednesday, reaching $46.44. 7,417,368 shares of the stock traded hands, compared to its average volume of 3,500,659. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.40 and a quick ratio of 0.84. The stock has a market capitalization of $22.22 billion, a PE ratio of 13.27 and a beta of 0.72. Archer-Daniels-Midland has a one year low of $45.14 and a one year high of $66.08. The company's 50 day moving average is $51.24 and its 200 day moving average is $55.69.

Archer-Daniels-Midland Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be given a $0.51 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 dividend on an annualized basis and a yield of 4.39%. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 57.14%.

Archer-Daniels-Midland announced that its Board of Directors has initiated a share repurchase program on Wednesday, December 11th that authorizes the company to repurchase 100,000,000 shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ADM shares. Barclays decreased their target price on Archer-Daniels-Midland from $56.00 to $50.00 and set an "underweight" rating for the company in a research report on Tuesday, January 21st. Morgan Stanley decreased their target price on Archer-Daniels-Midland from $57.00 to $52.00 and set an "equal weight" rating for the company in a research report on Tuesday, November 12th. Bank of America downgraded Archer-Daniels-Midland from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $63.00 to $54.00 in a research report on Tuesday, January 14th. Citigroup lifted their target price on Archer-Daniels-Midland from $51.00 to $55.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 4th. Finally, BMO Capital Markets cut their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating on the stock in a research note on Wednesday. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $56.33.

About Archer-Daniels-Midland

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.