Archer Daniels Midland (NYSE:ADM) Receives "Hold (C)" Rating from Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a **"Hold (C)"** rating for Archer Daniels Midland (**NYSE:ADM**), which is currently trading at **$63.21** after a recent increase.
• While **one analyst** gives ADM a Buy rating, the consensus shows **seven Hold ratings** and one Sell rating, indicating overall caution among analysts with a **price target of $55.50**.
• For the latest quarter, ADM reported an **earnings per share (EPS) of $0.93**, slightly above expectations, but revenue declined by **4.9% year-over-year**.

Archer Daniels Midland (NYSE:ADM - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by equities research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

A number of other brokerages have also issued reports on ADM. Wall Street Zen raised shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Barclays raised shares of Archer Daniels Midland from an "underweight" rating to an "equal weight" rating and raised their price target for the stock from $50.00 to $61.00 in a report on Wednesday, August 6th. JPMorgan Chase & Co. began coverage on shares of Archer Daniels Midland in a report on Wednesday, August 20th. They issued a "neutral" rating and a $61.00 price target on the stock. UBS Group reissued a "buy" rating and issued a $70.00 price target (up previously from $60.00) on shares of Archer Daniels Midland in a report on Monday, August 11th. Finally, Morgan Stanley raised their target price on shares of Archer Daniels Midland from $47.00 to $57.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $55.50.

Archer Daniels Midland Trading Up 0.5%

Shares of ADM stock traded up $0.32 on Wednesday, hitting $63.21. 1,277,886 shares of the company's stock traded hands, compared to its average volume of 3,922,117. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.42. Archer Daniels Midland has a one year low of $40.98 and a one year high of $64.38. The company's fifty day simple moving average is $60.36 and its 200 day simple moving average is $53.50. The stock has a market capitalization of $30.37 billion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 3.33 and a beta of 0.70.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.88 by $0.05. Archer Daniels Midland had a net margin of 1.33% and a return on equity of 8.43%. The company had revenue of $21.17 billion for the quarter, compared to analyst estimates of $21.56 billion. During the same quarter last year, the firm earned $1.03 EPS. The firm's quarterly revenue was down 4.9% compared to the same quarter last year. Archer Daniels Midland has set its FY 2025 guidance at 4.000-4.000 EPS. Equities analysts forecast that Archer Daniels Midland will post 4.31 EPS for the current year.

Institutional Trading of Archer Daniels Midland

A number of large investors have recently made changes to their positions in the stock. S.A. Mason LLC bought a new stake in Archer Daniels Midland during the first quarter valued at approximately $25,000. Headlands Technologies LLC bought a new stake in Archer Daniels Midland during the first quarter valued at approximately $25,000. SOA Wealth Advisors LLC. bought a new stake in Archer Daniels Midland during the second quarter valued at approximately $25,000. Trust Co. of Toledo NA OH bought a new stake in Archer Daniels Midland during the second quarter valued at approximately $32,000. Finally, ORG Partners LLC grew its position in Archer Daniels Midland by 297.2% during the first quarter. ORG Partners LLC now owns 699 shares of the company's stock valued at $34,000 after buying an additional 523 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.

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