Archer-Daniels-Midland Company (NYSE:ADM) Receives $67.50 Consensus Price Target from Analysts

Archer-Daniels-Midland Company (NYSE:ADM - Get Free Report) has been assigned an average rating of "Reduce" from the fifteen ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and fourteen have assigned a hold recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $67.50.

A number of equities research analysts have commented on the company. BMO Capital Markets decreased their price objective on Archer-Daniels-Midland from $66.00 to $60.00 and set a "market perform" rating for the company in a research report on Wednesday, March 13th. Robert W. Baird lowered Archer-Daniels-Midland from an "outperform" rating to a "neutral" rating and decreased their price objective for the stock from $96.00 to $61.00 in a research report on Monday, January 22nd. The Goldman Sachs Group lowered Archer-Daniels-Midland from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $90.00 to $67.00 in a research report on Monday, January 22nd. Roth Capital lowered Archer-Daniels-Midland from a "buy" rating to a "neutral" rating in a report on Monday, January 22nd. Finally, Jefferies Financial Group reduced their price target on Archer-Daniels-Midland from $70.00 to $65.00 and set a "hold" rating for the company in a report on Wednesday, March 13th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. PCA Investment Advisory Services Inc. acquired a new stake in shares of Archer-Daniels-Midland during the 2nd quarter worth approximately $25,000. Orion Capital Management LLC acquired a new stake in shares of Archer-Daniels-Midland during the 3rd quarter worth approximately $28,000. Tompkins Financial Corp acquired a new stake in shares of Archer-Daniels-Midland during the 3rd quarter worth approximately $28,000. Legacy Financial Group LLC acquired a new stake in shares of Archer-Daniels-Midland during the 3rd quarter worth approximately $30,000. Finally, Operose Advisors LLC acquired a new stake in shares of Archer-Daniels-Midland during the 3rd quarter worth approximately $30,000. 78.28% of the stock is owned by institutional investors.

Archer-Daniels-Midland Trading Down 2.6 %

Shares of NYSE:ADM traded down $1.60 during midday trading on Friday, reaching $60.97. The company had a trading volume of 3,413,268 shares, compared to its average volume of 4,635,809. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.95 and a current ratio of 1.60. Archer-Daniels-Midland has a 1-year low of $50.72 and a 1-year high of $87.30. The firm has a market cap of $30.59 billion, a price-to-earnings ratio of 9.53 and a beta of 0.77. The company has a fifty day simple moving average of $57.47 and a two-hundred day simple moving average of $66.10.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last announced its quarterly earnings data on Tuesday, March 12th. The company reported $1.36 EPS for the quarter, missing analysts' consensus estimates of $1.43 by ($0.07). Archer-Daniels-Midland had a return on equity of 15.25% and a net margin of 3.71%. The business had revenue of $22.98 billion for the quarter, compared to analyst estimates of $23.79 billion. During the same quarter in the previous year, the business posted $1.93 earnings per share. The company's revenue was down 11.4% compared to the same quarter last year. Research analysts predict that Archer-Daniels-Midland will post 5.48 earnings per share for the current year.

Archer-Daniels-Midland Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 8th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.28%. This is an increase from Archer-Daniels-Midland's previous quarterly dividend of $0.45. The ex-dividend date was Wednesday, February 7th. Archer-Daniels-Midland's dividend payout ratio (DPR) is presently 31.25%.

Archer-Daniels-Midland declared that its Board of Directors has approved a stock buyback program on Tuesday, March 12th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

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.