Archer-Daniels-Midland Company (NYSE:ADM) Receives $53.63 Average PT from Analysts

Archer-Daniels-Midland Company (NYSE:ADM - Get Free Report) has earned a consensus rating of "Reduce" from the eight analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $53.63.

Several research analysts have commented on ADM shares. Citigroup increased their price objective on shares of Archer-Daniels-Midland from $51.00 to $55.00 and gave the company a "neutral" rating in a report on Wednesday, December 4th. Bank of America decreased their price objective on Archer-Daniels-Midland from $54.00 to $48.00 and set an "underperform" rating on the stock in a report on Tuesday, February 11th. Morgan Stanley cut their target price on shares of Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a report on Tuesday, February 11th. Stephens dropped their price objective on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. Finally, Barclays decreased their target price on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a research report on Monday, February 24th.

Archer-Daniels-Midland Price Performance

NYSE:ADM traded down $0.24 on Friday, reaching $47.97. 2,652,286 shares of the company's stock traded hands, compared to its average volume of 3,599,035. The firm has a market cap of $23.01 billion, a PE ratio of 13.29, a P/E/G ratio of 1.54 and a beta of 0.67. 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 stock has a 50-day simple moving average of $47.72 and a 200-day simple moving average of $51.94. Archer-Daniels-Midland has a 12 month low of $44.92 and a 12 month high of $66.08.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its quarterly 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 analysts' expectations of $22.77 billion. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The firm's revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.36 EPS. Equities research analysts forecast that Archer-Daniels-Midland will post 4.31 earnings per share for the current year.

Archer-Daniels-Midland announced that its board has authorized a share repurchase program on Wednesday, December 11th that allows the company to repurchase 100,000,000 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Archer-Daniels-Midland Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were paid a dividend of $0.51 per share. This is a positive change from Archer-Daniels-Midland's previous quarterly dividend of $0.50. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend was Tuesday, February 18th. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 56.51%.

Institutional Trading of Archer-Daniels-Midland

Several institutional investors and hedge funds have recently made changes to their positions in the business. West Financial Advisors LLC boosted its position in Archer-Daniels-Midland by 10.1% in the 4th quarter. West Financial Advisors LLC now owns 2,201 shares of the company's stock valued at $111,000 after buying an additional 201 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Archer-Daniels-Midland by 10.8% in the fourth quarter. Hantz Financial Services Inc. now owns 2,152 shares of the company's stock valued at $109,000 after purchasing an additional 210 shares during the period. Invesco LLC increased its holdings in Archer-Daniels-Midland by 1.3% during the 4th quarter. Invesco LLC now owns 16,242 shares of the company's stock worth $821,000 after purchasing an additional 211 shares during the period. Advisor OS LLC raised its position in Archer-Daniels-Midland by 4.9% during the 4th quarter. Advisor OS LLC now owns 4,565 shares of the company's stock valued at $231,000 after purchasing an additional 212 shares in the last quarter. Finally, Advisory Alpha LLC increased its stake in shares of Archer-Daniels-Midland by 2.8% during the fourth quarter. Advisory Alpha LLC now owns 7,952 shares of the company's stock valued at $402,000 after buying an additional 216 shares during the period. 78.28% of the stock is currently owned by institutional investors.

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.