Economy

Has $20.42 Million Position in Archer Daniels Midland Company (ADM)

Shares of Archer Daniels Midland Company (NYSE:ADM) have been given a consensus recommendation of "Hold" by the twelve research firms that are now covering the firm, Marketbeat.com reports.

Looking forward, the company's quarterly earnings are expected to come at -$0.24 in the three months through October 2017 and -$0.26 in the quarter ending January 2018, reflecting -100.02% and -100.03% growth, respectively. When it comes to net revenue, the average estimate from a total of 9 analysts is 16.67 billion - compared to $16.5 billion posted in the year-ago period. Archer-Daniels-Midland Company has an annual performance rate of -7.01% *.

A smart way of assessing a company's profitability is by checking out its latest Earnings per Share (EPS).

Archer Daniels Midland Company (NYSE:ADM) traded up $0.68 during midday trading on Wednesday, hitting $39.77. Archer Daniels Midland Company has a 12 month low of $38.59 and a 12 month high of $47.44. The firm has a market cap of $21,860.00, a PE ratio of 16.51 and a beta of 1.10.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th.

Volatility on a weekly basis sums at 0.97% * together with the monthly volatility of 1.54% *. The ex-dividend date is Wednesday, November 15th. Archer Daniels Midland Company's dividend payout ratio is now 55.05%. The stock was sold at an average price of $47.02, for a total value of $626,259.38. Institutional investors and hedge funds own 75.93% of the company's stock.

Archer-Daniels-Midland Company most recently reported earnings per share (EPS) of $0.45 for the September 2017 versus $0.59 in the same quarter past year, representing -24% growth. Guardian Life Insurance Co. of America now owns 2,206 shares of the company's stock valued at $102,000 after buying an additional 8 shares during the last quarter. Archer Daniels Midland's dividend payout ratio is now 60.09%. Comerica Bank's holdings in Archer Daniels Midland were worth $6,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC). ProVise Management Group LLC now owns 6,672 shares of the company's stock valued at $307,000 after buying an additional 41 shares during the last quarter. Good Life Advisors LLC boosted its stake in shares of Archer Daniels Midland by 1.0% in the second quarter. Inc. now owns 10,084 shares of the company's stock valued at $464,000 after buying an additional 58 shares during the last quarter. The business's revenue was down 6.3% compared to the same quarter last year. analysts forecast that Archer Daniels Midland Company will post 2.35 EPS for the current fiscal year. Zions Bancorporation now owns 2,916 shares of the company's stock valued at $133,000 after buying an additional 73 shares during the last quarter.

Several research analysts have recently issued reports on ADM shares. They issued an "outperform" rating and a $50.00 price target on the stock. Credit Suisse Group cut their price target on shares of Archer Daniels Midland from $45.00 to $42.00 and set a "neutral" rating on the stock in a research report on Thursday, August 31st. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $45.00 price objective (up previously from $40.00) on shares of Archer Daniels Midland in a research report on Thursday, August 3rd. Zacks Investment Research raised shares of Archer Daniels Midland from a "sell" rating to a "hold" rating in a research note on Tuesday, October 24th. One analyst has rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. Archer Daniels Midland Company now has a consensus rating of "Hold" and an average price target of $47.28.

The shares outstanding for Archer-Daniels-Midland Company is levered at 560.68 *.



Like this

loading...
loading...

Latest


01 December 2017
Gunmen attack agriculture college in NW Pakistan
University Road, where the incident is taking place, has been closed off to traffic. Reports said Tehreek-e-Taliban Pakistan claimed responsibility for the attack .

01 December 2017
Arkansas expected to hire Gragg as new athletic director
Gragg would replace Jeff Long, who was sacked two weeks ago after he'd been with the Razorbacks since 2008. Gragg earned his Ph.D.in higher education administration at the University of Arkansas in 2004.

01 December 2017
Investors' Attention Alert: Delta Air Lines, Inc. (DAL), The Coca-Cola Company (KO)
Zwj Investment Counsel Inc increased Outfront Media Inc stake by 318,149 shares to 1.10M valued at $25.43 million in 2017Q2. BidaskClub upgraded Coca-Cola European Partners from a "hold" rating to a "buy" rating in a report on Thursday, August 3rd.

01 December 2017
Corea del Norte lanza misil en dirección al Mar de Japón
En el material gráfico se aprecia cómo el proyectil despega dejando columnas de humo y se eleva hacia el cielo. Otra vez la tensión entre Estados Unidos y Corea del Norte está escalando en forma veloz.

01 December 2017
Bitcoin Breaks the $11000 Mark After Climbing by $3000 in a Week
Already some Private Wealth Offices are positioning to cater to the newly minted cryptocurrency millionaires. On CNBC's Fast Money , Novogratz expressed his optimism towards both bitcoin and Ethereum in the mid-term.

01 December 2017
Churchill Downs selling mobile gaming company for nearly $1B
Big Fish will operate as a stand-alone business alongside Aristocrat's other digital operations, Product Madness and Plarium. Big Fish's performance was "pretty choppy" following the 2014 acquisition, Trivison said in an interview Thursday.

01 December 2017
Emperor Akihito will become first Japanese monarch to abdicate in 200 years
He will be succeeded Prime Minister Shinzoby his elder son, Crown Prince Naruhito. Akihito said previous year that he planned to step down before he died.

01 December 2017
CVS Health (NYSE:CVS) Receiving Somewhat Positive News Coverage, Analysis Shows
Also, it has an estimated price-earnings (P/E) multiple of 17.83 and a trailing 12-month price-earnings (P/E) multiple of 30.74. Choate Investment Advisors' holdings in CVS Health were worth $2,599,000 at the end of the most recent reporting period.

01 December 2017
Most Active Volume Stock: Delta Air Lines, Inc. (NYSE:DAL)
The transportation company reported $1.57 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.53 by $0.04. ValuEngine raised shares of Delta Air Lines from a "buy" rating to a "strong-buy" rating in a report on Wednesday, August 2nd.

01 December 2017
Ethics Committee Opens Inquiry Into Franken
The claims have since mounted, and Franken has said all along that he would cooperate fully with an ethics probe into himself. Al Franken of groping her in December 2003 while she was deployed in Kuwait.