$3.40M in average volume shows that Archer Daniels Midland Co (ADM) is heading in the right direction

On Friday, Archer Daniels Midland Co (NYSE: ADM) was 3.52% up from the session before settling in for the closing price of $46.55. A 52-week range for ADM has been $44.92 – $66.08.

During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 6.92%. When this article was written, the company’s average yearly earnings per share was at -6.01%. With a float of $476.08 million, this company’s outstanding shares have now reached $478.00 million.

Let’s determine the extent of company efficiency that accounts for 44043 employees. 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 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 0.77%, while institutional ownership is 82.30%. 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

According to the Wall Street analysts, stocks earnings will be around -6.01% 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

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 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27. Likewise, its price to free cash flow for the trailing twelve months is 18.84.

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)

Looking closely at Archer Daniels Midland Co (NYSE: ADM), its last 5-days average volume was 3.56 million, which is a drop from its year-to-date volume of 3.66 million. As of the previous 9 days, the stock’s Stochastic %D was 71.91%. 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 20.72%, which indicates a significant decrease from 53.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.41% in the past 14 days, which was higher than the 24.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.74, while its 200-day Moving Average is $56.78. However, in the short run, Archer Daniels Midland Co’s stock first resistance to watch stands at $48.95. Second resistance stands at $49.70. The third major resistance level sits at $50.93. If the price goes on to break the first support level at $46.97, it is likely to go to the next support level at $45.74. Should the price break the second support level, the third support level stands at $44.99.

Archer Daniels Midland Co (NYSE: ADM) Key Stats

There are 478,534K outstanding shares of the company, which has a market capitalization of 23.12 billion. As of now, sales total 85,530 M while income totals 1,800 M. Its latest quarter income was 21,498 M while its last quarter net income were 567,000 K.