Archer-Daniels-Midland Company (ADM) Getting Somewhat Positive Press Coverage, Study Finds

Claudine Rigal
Juin 20, 2017

Media stories about Archer-Daniels-Midland Company (NYSE:ADM) have trended somewhat positive recently, according to AlphaOne. Green Square Capital LLC boosted its stake in Archer-Daniels-Midland Company by 5.1% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 11,898 shares of the company's stock valued at $548,000 after buying an additional 107 shares in the last quarter. The fund owned 1,178,683 shares of the company's stock after selling 29,412 shares during the period. Rench Wealth Management Inc.'s holdings in Archer-Daniels-Midland Company were worth $3,154,000 as of its most recent SEC filing. Analysts forecast that Archer-Daniels-Midland Company will post $2.71 earnings per share for the current year. Finally, Cetera Advisor Networks LLC increased its position in Archer-Daniels-Midland Company by 76.1% in the third quarter. Peninsula Asset Management Inc. now owns 47,646 shares of the company's stock valued at $2,009,000 after buying an additional 2,215 shares in the last quarter. Capital Innovations LLC now owns 13,805 shares of the company's stock valued at $582,000 after buying an additional 795 shares during the last quarter. Capital Innovations LLC increased its position in Archer-Daniels-Midland Company by 6.1% in the third quarter. The institutional investor owned 28,616 shares of the company's stock at the end of the first quarter. Equities research analysts anticipate that Archer-Daniels-Midland Company will post $2.71 EPS for the current year.

The share price of Archer-Daniels-Midland Company (NYSE:ADM) was down -0.28% during the last trading session, with a day high of 42.65. The company's 50 day moving average price is $42.31 and its 200-day moving average price is $44.30. The firm has a market capitalization of $24.06 billion, a P/E ratio of 17.92 and a beta of 1.03.

2857096 shares were traded on Archer-Daniels-Midland Company's last session. Archer-Daniels-Midland Company has a 1-year low of $39.01 and a 1-year high of $47.88. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $0.01. The business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $15.15 billion. Archer-Daniels-Midland Company had a net margin of 2.21% and a return on equity of 7.88%. During the same quarter past year, the business posted $0.42 EPS. The business's revenue was up 4.2% on a year-over-year basis.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 8th. Investors of record on Thursday, May 18th were issued a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, May 16th. This represents a $1.28 dividend on an annualized basis and a yield of 3.02%. Archer-Daniels-Midland Company's dividend payout ratio (DPR) is 53.78%.

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ADM has been the topic of a number of recent analyst reports. Vetr upgraded shares of Archer-Daniels-Midland Company from a "buy" rating to a "strong-buy" rating and set a $46.76 price target on the stock in a research report on Wednesday, May 31st.

Archer-Daniels-Midland Company was downgraded to "hold" by analysts at Argus. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Stifel Nicolaus dropped their target price on Archer-Daniels-Midland Company from $46.00 to $45.00 and set a "hold" rating on the stock in a research note on Tuesday, April 4th. Credit Suisse Group reaffirmed a "hold" rating and set a $46.00 price target on shares of Archer-Daniels-Midland Company in a research report on Friday, April 7th.

07/11/2016 - BB&T Capital Markets began new coverage on Archer-Daniels-Midland Company giving the company a "hold" rating.

07/07/2015 - Vertical Research began new coverage on Archer-Daniels-Midland Company giving the company a "hold" rating.

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