Archer Daniels Midland Co (NYSE: ADM) on Friday, plunged -1.09% from the previous trading day, before settling in for the closing price of $48.78. Within the past 52 weeks, ADM’s price has moved between $40.98 and $66.08.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 6.92%. The company achieved an average annual earnings per share of -13.70%. With a float of $476.83 million, this company’s outstanding shares have now reached $478.00 million.
Considering the fact that the conglomerate employs 44043 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 6.76%, operating margin of 2.42%, and the pretax margin is 2.64%.
Archer Daniels Midland Co (ADM) Insider Activity
Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Archer Daniels Midland Co is 0.76%, while institutional ownership is 82.06%. 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 -13.70% 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
Archer Daniels Midland Co (ADM) is currently performing well based on its current performance indicators. A quick ratio of 0.81 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 0.27. Likewise, its price to free cash flow for the trailing twelve months is 18.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.61, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 4.60 in one year’s time.
Technical Analysis of Archer Daniels Midland Co (ADM)
Compared to the last year’s volume of 4.45 million, its volume of 2.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.95%. Additionally, its Average True Range was 1.47.
During the past 100 days, Archer Daniels Midland Co’s (ADM) raw stochastic average was set at 52.76%, which indicates a significant decrease from 89.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.03% in the past 14 days, which was higher than the 32.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.92, while its 200-day Moving Average is $53.63. Nevertheless, the first resistance level for the watch stands at $48.71 in the near term. At $49.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.59. If the price goes on to break the first support level at $47.83, it is likely to go to the next support level at $47.41. Should the price break the second support level, the third support level stands at $46.95.
Archer Daniels Midland Co (NYSE: ADM) Key Stats
Market capitalization of the company is 23.17 billion based on 479,707K outstanding shares. Right now, sales total 85,530 M and income totals 1,800 M. The company made 21,498 M in profit during its latest quarter, and 567,000 K in sales during its previous quarter.
