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Tuesday, December 5, 2023

Analyst Expects Archer Daniels Midland Co. (NYSE: ADM) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Archer Daniels Midland Co. (ADM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.23, or 0.32%, to $71.60. The Archer Daniels Midland Co. has recorded 102,345 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed ADM Declares Cash Dividend.

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Stocks Info

As a NYSE listed company, ADM falls under the Consumer Defensive sector while operating within the Farm Products industry segment. At the end of the last regular session, the stock closed at $71.37 and fluctuated between $72.24 as its day high and $71.22 as its day low. The current market capitalization of Archer Daniels Midland Co. is $38.07B. A total of 2.52 million shares were traded on the day, compared to an average of 2.63M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ADM has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 53,754 and the disposition of 13,164 shares. Over the last 12 months, there were 26 BUYs and 24 SELLs from insiders. Insiders purchased 1,392,049 shares during that period but sold 914,840.

In the most recent transaction, Strader Fruit Molly L sold 1,455 shares of ADM for 86.80 per share on Jul 26. After the transaction, the Vice Pres., Corp. Controller now owns 10,809 company shares. In a previous transaction on Dec 13, FINDLAY D CAMERON sold 26,197 shares at 93.52 per share. ADM shares that Senior Vice President owns now total 284,987.

Among the insiders who sold shares, FINDLAY D CAMERON disposed of 26,198 shares on Dec 12 at a per-share price of $92.64. This resulted in the Senior Vice President holding 284,987 shares of ADM after the transaction. In another insider transaction, FINDLAY D CAMERON sold 26,198 shares at $96.62 per share on Nov 29. Company shares held by the Senior Vice President now total 284,987.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Archer Daniels Midland Co. pays an annual dividend of $1.78, resulting in a dividend yield of 2.50%, and it has a price to earnings (P/E) ratio of 9.94. ADM’s most recent ex-dividend date was when it declared a $0.45 quarterly dividend that was paid in cash on 12/6/2023. Previously, the company paid the dividend on 9/6/2023 with an ex-dividend date of 8/15/2023. The ADM stock dividend was $0.45 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ADM in the last 3 months, the mean price target is $92.68 with high estimates of $116.00 and low estimates of $75.00. In terms of 52-week highs and lows, ADM has a high of $98.28 and a low of $69.31.

As of this writing, ADM has an earnings estimate of $1.52 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.78 per share and a lower estimate of $1.4. The company reported an EPS of $2.09 in the last quarter, which was 17.40% higher than expectations of $1.78.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ADM’s latest balance sheet shows that the firm has $943.00M in Cash & Short Term Investments as of fiscal 2021. There were $9.54B in debt and $958.00M in liabilities at the time. Its Book Value Per Share was $47.16, while its Total Shareholder’s Equity was $22.77B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ADM is Buy with a score of 4.17.

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