Archer Daniels Midland Co (ADM) is ready for next Episode as it posted an annual sales of 85,530 M

Archer Daniels Midland Co (NYSE: ADM) kicked off on Tuesday, down -0.41% from the previous trading day, before settling in for the closing price of $46.10. Over the past 52 weeks, ADM has traded in a range of $44.92-$66.08.

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A company in the Consumer Defensive sector has jumped its sales by 6.92% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -5.88%. With a float of $474.73 million, this company’s outstanding shares have now reached $478.53 million.

In an organization with 41802 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 6.93%, operating margin of 2.63%, and the pretax margin is 2.64%.

Archer Daniels Midland Co (ADM) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Farm Products Industry. The insider ownership of Archer Daniels Midland Co is 0.79%, while institutional ownership is 82.48%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -5.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.10% during the next five years compared to 8.39% growth over the previous five years of trading.

Archer Daniels Midland Co (NYSE: ADM) Trading Performance Indicators

Take a look at Archer Daniels Midland Co’s (ADM) current performance indicators. Last quarter, 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 0.26. Likewise, its price to free cash flow for the trailing twelve months is 18.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.61, a number that is poised to hit 0.78 in the next quarter and is forecasted to reach 4.82 in one year’s time.

Technical Analysis of Archer Daniels Midland Co (ADM)

Let’s dig in a bit further. During the last 5-days, its volume was 3.67 million. That was better than the volume of 3.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.55%. Additionally, its Average True Range was 1.26.

During the past 100 days, Archer Daniels Midland Co’s (ADM) raw stochastic average was set at 5.88%, which indicates a significant decrease from 13.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.74% in the past 14 days, which was higher than the 25.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $50.03, while its 200-day Moving Average is $56.96. However, in the short run, Archer Daniels Midland Co’s stock first resistance to watch stands at $46.18. Second resistance stands at $46.46. The third major resistance level sits at $46.91. If the price goes on to break the first support level at $45.45, it is likely to go to the next support level at $45.00. Assuming the price breaks the second support level, the third support level stands at $44.72.

Archer Daniels Midland Co (NYSE: ADM) Key Stats

The company with the Market Capitalisation of 21.97 billion has total of 478,534K Shares Outstanding. Its annual sales at the moment are 85,530 M in contrast with the sum of 1,800 M annual income. Company’s last quarter sales were recorded 21,498 M and last quarter income was 567,000 K.