A new trading day began on Tuesday, with Archer Daniels Midland Co (NYSE: ADM) stock price down -1.78% from the previous day of trading, before settling in for the closing price of $52.12. ADM’s price has ranged from $48.40 to $69.85 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 10.90%. Meanwhile, its annual earnings per share averaged -31.81%. With a float of $475.35 million, this company’s outstanding shares have now reached $478.00 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm Products Industry. The insider ownership of Archer Daniels Midland Co is 0.67%, while institutional ownership is 80.26%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -31.81% 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
Here are Archer Daniels Midland Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 6.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.51, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 4.76 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 3.46 million, which is a jump from its year-to-date volume of 2.95 million. As of the previous 9 days, the stock’s Stochastic %D was 81.15%. Additionally, its Average True Range was 1.22.
During the past 100 days, Archer Daniels Midland Co’s (ADM) raw stochastic average was set at 19.63%, which indicates a significant decrease from 67.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.63% in the past 14 days, which was lower than the 22.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.05, while its 200-day Moving Average is $58.46. However, in the short run, Archer Daniels Midland Co’s stock first resistance to watch stands at $51.89. Second resistance stands at $52.60. The third major resistance level sits at $53.15. If the price goes on to break the first support level at $50.63, it is likely to go to the next support level at $50.08. Should the price break the second support level, the third support level stands at $49.37.
Archer Daniels Midland Co (NYSE: ADM) Key Stats
With a market capitalization of 24.50 billion, the company has a total of 478,534K Shares Outstanding. Currently, annual sales are 93,935 M while annual income is 3,483 M. The company’s previous quarter sales were 19,937 M while its latest quarter income was 18,000 K.
