On Friday, Archer Daniels Midland Co (NYSE: ADM) opened lower -0.11% from the last session, before settling in for the closing price of $53.19. Price fluctuations for ADM have ranged from $48.92 to $77.35 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Consumer Defensive sector company grew by 8.84% over the past five years. Company’s average yearly earnings per share was noted -28.52% at the time writing. With a float of $475.34 million, this company’s outstanding shares have now reached $513.00 million.
Let’s look at the performance matrix of the company that is accounted for 41802 employees. In terms of profitability, gross margin is 6.47%, operating margin of 2.29%, and the pretax margin is 2.67%.
Archer Daniels Midland Co (ADM) Insider Updates
A key investor’s attitude towards the stock of the Farm Products industry is another important factor to consider. The insider ownership of Archer Daniels Midland Co is 0.67%, while institutional ownership is 80.09%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.36 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.43) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.52% 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
Check out the current performance indicators for Archer Daniels Midland Co (ADM). In the past quarter, the stock posted a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 7.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.51, a number that is poised to hit 1.26 in the next quarter and is forecasted to reach 5.03 in one year’s time.
Technical Analysis of Archer Daniels Midland Co (ADM)
Archer Daniels Midland Co (NYSE: ADM) saw its 5-day average volume 2.48 million, a negative change from its year-to-date volume of 4.2 million. As of the previous 9 days, the stock’s Stochastic %D was 79.38%. Additionally, its Average True Range was 1.25.
During the past 100 days, Archer Daniels Midland Co’s (ADM) raw stochastic average was set at 24.53%, which indicates a significant decrease from 84.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.79% in the past 14 days, which was higher than the 23.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.60, while its 200-day Moving Average is $59.22. Nevertheless, the first resistance level for the watch stands at $53.47 in the near term. At $53.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $54.16. If the price goes on to break the first support level at $52.78, it is likely to go to the next support level at $52.43. Assuming the price breaks the second support level, the third support level stands at $52.09.
Archer Daniels Midland Co (NYSE: ADM) Key Stats
There are currently 478,534K shares outstanding in the company with a market cap of 25.40 billion. Presently, the company’s annual sales total 93,935 M according to its annual income of 3,483 M. Last quarter, the company’s sales amounted to 22,248 M and its income totaled 486,000 K.
