Coverage Initiated by Barclays PLC for Archer Daniels Midland (NYSE:ADM)

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Stock analysts at Barclays PLC initiated coverage on shares of  Archer Daniels Midland (NYSE:ADM) in a report issued on Tuesday. The brokerage set a Overweight rating on the Consumer Staples stock. A price-to-earnings ratio of 14.65 and a beta of 0.95. Archer Daniels Midland has a twelve month low $28.92 of  and a twelve month high of $47.20.

Shares of Archer Daniels Midland traded up $0.24 on Tuesday, reaching $39.90. 2828716 shares of the stock traded hands, compared to its average volume of 2971078. Shares of Archer Daniels Midland closed trading at $39.90 on Tuesday mid-day. The firm’s 50 day moving average is $$37.83 and its 200 day moving average is $40.37.Archer Daniels Midland  has a 12 month low of $39.45 and a 12 month high of $47.20. While on yearly highs and lows, Archer Daniels Midland’s today has traded high as $40.05 and has touched $39.45 on the downward trend. See More Analyst Rating at: RATING

Archer Daniels Midland Earnings and What to expect: 

Archer Daniels Midland last released its quarterly earnings data on April 29th, 2020. The reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.09. The firm earned $14.97 billion during the quarter, compared to analysts’ expectations of $15.71 billion. Its revenue for the quarter was down 2.2% on a year-over-year basis. Archer Daniels Midland has generated $3.24 earnings per share over the last year and currently has a price-to-earnings ratio of 14.6. Archer Daniels Midland has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 6th, 2020 based off prior year’s report dates.

Earnings for Archer Daniels Midland are expected to grow by 16.15% in the coming year, from $2.91 to $3.38 per share. The P/E ratio of Archer Daniels Midland is 14.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.26. The P/E ratio of Archer Daniels Midland is 14.56, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 37.63. Archer Daniels Midland has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.27%
  • On 6/5/2020 SVP Christopher M Cuddy Sell 1,929 at average share price of $42.76 which equates to $82,484.04 in money value.
  • On 5/12/2020 Director Pierre Dufour Buy 1,070 at average price of  $35.20 with total value of : Not Data Available
  • On 3/6/2020 Director Francisco J Sanchez Buy 1,370 at average price of  $36.95 with total value of : $50,621.50

Analyt at Barclays PLC other ratings :

  • 6/30/2020 – Hunting had its “underweight” rating re-affirmed by analysts at Barclays PLC.
  • 6/29/2020 – Unilever had its “equal weight” rating re-affirmed by analysts at Barclays PLC.
  • 6/29/2020 – Inpex had its “overweight” rating re-affirmed by analysts at Barclays PLC.
  • 6/29/2020 – Nestle had its “buy” rating re-affirmed by analysts at Barclays PLC.

Latest rating for Archer Daniels Midland by other brokers:

  • 6/30/2020 – Archer Daniels Midland had its price target lowered by analysts at Stifel Nicolaus from $48.00 to $47.00. They now have a “buy” rating on the stock.
  • 5/5/2020 – Archer Daniels Midland had its price target lowered by analysts at Credit Suisse Group AG from $42.00 to $40.00. They now have a “neutral” rating on the stock.
  • 5/1/2020 – Archer Daniels Midland had its price target lowered by analysts at Stifel Nicolaus from $49.00 to $48.00. They now have a “buy” rating on the stock.
  • 4/27/2020 – Archer Daniels Midland was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

Archer Daniels Midland (NYSE:ADM) Moving Average Technical Analysis

5 day Moving Average is $39.54 And 5 day price change is -$0.08 (-0.20%)  with average volume for 5 day average is 2,526,105. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $40.40 and 20 day price change is $0.18 (0.45%) and average 20 day moving volume is 2,951,646. 50 day moving average is $37.83  and 50 day price change is $3.51 ( 9.66%)  and with average volume for 50 days is : 2,929,041. 200 day moving average is $40.37  and 200 day price change is -$1.78 (-4.28%)  and with average volume for 200 days is : 3,130,922.

See More Analyst Rating at: RATING