Archer-Daniels-Midland Company (NYSE:ADM) Receives Average Recommendation of "Reduce" from Analysts

Archer-Daniels-Midland Company (NYSE:ADM - Get Free Report) has earned a consensus recommendation of "Reduce" from the eight ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $52.75.

A number of research firms have commented on ADM. Morgan Stanley decreased their target price on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 11th. Bank of America upgraded Archer-Daniels-Midland from an "underperform" rating to a "neutral" rating and reduced their price objective for the company from $48.00 to $47.00 in a research report on Tuesday, April 15th. Citigroup reduced their price objective on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Stephens reduced their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday, February 4th. Finally, BMO Capital Markets reduced their price objective on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating on the stock in a research report on Wednesday, February 5th.

Archer-Daniels-Midland Price Performance

Shares of Archer-Daniels-Midland stock traded down $0.19 during trading on Wednesday, reaching $48.06. The company's stock had a trading volume of 2,095,185 shares, compared to its average volume of 3,614,353. The business has a 50 day moving average price of $46.90 and a 200-day moving average price of $50.07. The company has a quick ratio of 0.81, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $23.05 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 1.54 and a beta of 0.66. Archer-Daniels-Midland has a 12-month low of $40.98 and a 12-month high of $66.08.

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, topping analysts' consensus estimates of $1.07 by $0.07. The company had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. Archer-Daniels-Midland's quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.36 earnings per share. As a group, sell-side analysts anticipate that Archer-Daniels-Midland will post 4.31 EPS for the current year.

Archer-Daniels-Midland Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were paid a $0.51 dividend. This is a positive change from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend was Tuesday, February 18th. Archer-Daniels-Midland's dividend payout ratio is presently 56.51%.

Institutional Investors Weigh In On Archer-Daniels-Midland

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new stake in Archer-Daniels-Midland during the fourth quarter worth about $25,000. S.A. Mason LLC acquired a new stake in Archer-Daniels-Midland during the first quarter worth about $25,000. Raleigh Capital Management Inc. increased its stake in Archer-Daniels-Midland by 179.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 556 shares of the company's stock worth $28,000 after acquiring an additional 357 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in Archer-Daniels-Midland during the fourth quarter worth about $28,000. Finally, ST Germain D J Co. Inc. increased its stake in Archer-Daniels-Midland by 724.6% during the fourth quarter. ST Germain D J Co. Inc. now owns 569 shares of the company's stock worth $29,000 after acquiring an additional 500 shares during the last quarter. 78.28% of the stock is currently owned by institutional investors and hedge funds.

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.