On Monday, Archer Daniels Midland Co. (NYSE: ADM) was -0.74% down from the session before settling in for the closing price of $60.97. A 52-week range for ADM has been $50.72 – $87.30.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 8.84%. When this article was written, the company’s average yearly earnings per share was at -20.08%. With a float of $505.51 million, this company’s outstanding shares have now reached $513.00 million.
Considering the fact that the conglomerate employs 41802 people, you should pay attention to its efficiency factor.
Archer Daniels Midland Co. (ADM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Archer Daniels Midland Co. stocks. The insider ownership of Archer Daniels Midland Co. is 0.85%, while institutional ownership is 82.56%. The most recent insider transaction that took place on Jul 26 ’23, was worth 126,294. In this transaction Vice Pres., Corp. Controller of this company sold 1,455 shares at a rate of $86.80, taking the stock ownership to the 10,809 shares.
Archer Daniels Midland Co. (ADM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 122.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.40% during the next five years compared to 15.02% growth over the previous five years of trading.
Archer Daniels Midland Co. (NYSE: ADM) Trading Performance Indicators
You can see what Archer Daniels Midland Co. (ADM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 10.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.41, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 5.77 in one year’s time.
Technical Analysis of Archer Daniels Midland Co. (ADM)
Compared to the last year’s volume of 6.21 million, its volume of 3.55 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.06%. Additionally, its Average True Range was 1.27.
During the past 100 days, Archer Daniels Midland Co.’s (ADM) raw stochastic average was set at 36.80%, which indicates a significant increase from 8.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.45% in the past 14 days, which was lower than the 50.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.47, while its 200-day Moving Average is $70.68. Nevertheless, the first resistance level for the watch stands at $61.34 in the near term. At $62.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.75. If the price goes on to break the first support level at $59.93, it is likely to go to the next support level at $59.35. Should the price break the second support level, the third support level stands at $58.52.
Archer Daniels Midland Co. (NYSE: ADM) Key Stats
There are 501,764K outstanding shares of the company, which has a market capitalization of 30.86 billion. As of now, sales total 93,935 M while income totals 3,483 M. Its latest quarter income was 22,978 M while its last quarter net income were 565,000 K.
