Archer Daniels Midland Co. (NYSE: ADM) on Friday, soared 0.11% from the previous trading day, before settling in for the closing price of $56.50. Within the past 52 weeks, ADM’s price has moved between $50.72 and $77.35.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 8.84%. The company achieved an average annual earnings per share of -24.73%. With a float of $474.89 million, this company’s outstanding shares have now reached $513.00 million.
Let’s determine the extent of company efficiency that accounts for 41802 employees. In terms of profitability, gross margin is 7.05%, operating margin of 3.08%, and the pretax margin is 3.66%.
Archer Daniels Midland Co. (ADM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Archer Daniels Midland Co. is 0.68%, while institutional ownership is 80.82%. The most recent insider transaction that took place on Sep 03 ’24, was worth 10,298,813. In this transaction President & CEO of this company sold 170,194 shares at a rate of $60.51, taking the stock ownership to the 265,210 shares. Before that another transaction happened on Aug 30 ’24, when Company’s President & CEO sold 45,471 for $61.00, making the entire transaction worth $2,773,917. This insider now owns 265,210 shares in total.
Archer Daniels Midland Co. (ADM) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.63 earnings per share (EPS) for the period topping the consensus outlook (set at 1.52) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.66% 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
Archer Daniels Midland Co. (ADM) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30. Likewise, its price to free cash flow for the trailing twelve months is 8.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.99, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 5.37 in one year’s time.
Technical Analysis of Archer Daniels Midland Co. (ADM)
Looking closely at Archer Daniels Midland Co. (NYSE: ADM), its last 5-days average volume was 2.03 million, which is a drop from its year-to-date volume of 4.29 million. As of the previous 9 days, the stock’s Stochastic %D was 30.85%. Additionally, its Average True Range was 1.14.
During the past 100 days, Archer Daniels Midland Co.’s (ADM) raw stochastic average was set at 12.01%, which indicates a significant decrease from 35.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.25% in the past 14 days, which was higher than the 21.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.17, while its 200-day Moving Average is $59.69. However, in the short run, Archer Daniels Midland Co.’s stock first resistance to watch stands at $57.03. Second resistance stands at $57.49. The third major resistance level sits at $57.81. If the price goes on to break the first support level at $56.25, it is likely to go to the next support level at $55.93. Now, if the price goes above the second support level, the third support stands at $55.47.
Archer Daniels Midland Co. (NYSE: ADM) Key Stats
Market capitalization of the company is 27.04 billion based on 494,438K outstanding shares. Right now, sales total 93,935 M and income totals 3,483 M. The company made 22,248 M in profit during its latest quarter, and 486,000 K in sales during its previous quarter.
