Archer-Daniels-Midland (NYSE:ADM) Downgraded by Stephens – 2 stars to Equal Weight

Archer-Daniels-Midland stock has undergone multiple analysts rating changes in the recent past.  Archer-Daniels-Midland Downgraded by Stephens – 2 stars on 10-12-21. In a note to investors, the firm issued a new rating of Equal Weight. The analysts previously had rating of Overweight.

Shares of Archer-Daniels-Midland traded down -$0.58 on Tuesday, reaching $63.39. 0 shares of the stock traded hands, compared to its average volume of 2513954. Shares of Archer-Daniels-Midland were trading at $63.39 on Tuesday. The firm’s 50 day moving average is $60.77 and its 200 day moving average is $59.42.Archer-Daniels-Midland has a 12 month low of $62.99 and a 12 month high of $69.30. While on yearly highs and lows, Archer-Daniels-Midland’s today has traded high as $63.68 and has touched $62.99 on the downward trend. See More Analyst Rating at: RATING

Archer-Daniels-Midland Earnings and What to expect: 

Archer-Daniels-Midland last posted its quarterly earnings data on July 26th, 2021. The reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.30. The firm had revenue of $22.93 billion for the quarter, compared to analysts’ expectations of $18.30 billion. Its revenue for the quarter was up 40.8% on a year-over-year basis. Archer-Daniels-Midland has generated $3.59 earnings per share over the last year ($4.10 diluted earnings per share) and currently has a price-to-earnings ratio of 15.5. Earnings for Archer-Daniels-Midland are expected to decrease by -5.64% in the coming year, from $4.79 to $4.52 per share. Archer-Daniels-Midland has confirmed that its next quarterly earnings report will be published on Tuesday, October 26th, 2021. Archer-Daniels-Midland will be holding an earnings conference call on Tuesday, October 26th at 9:00 AM Eastern. Interested parties can .

Earnings for Archer-Daniels-Midland are expected to decrease by -5.64% in the coming year, from $4.79 to $4.52 per share. The P/E ratio of Archer-Daniels-Midland is 15.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.77. The P/E ratio of Archer-Daniels-Midland is 15.46, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 41.12. Archer-Daniels-Midland has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued. Archer-Daniels-Midland has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

5 day Moving Average is $63.19 And 5 day price change is $1.11 (1.78%)  with average volume for 5 day average is 1,978,380. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $61.49 and 20 day price change is $3.01 (4.99%) and average 20 day moving volume is 2,691,605. 50 day moving average is $60.77  and 50 day price change is $4.03 ( 6.79%)  and with average volume for 50 days is : 2,390,340. 200 day moving average is $59.42  and 200 day price change is $13.95 (28.22%)  and with average volume for 200 days is : 2,536,588.

Other owners latest trading in Archer-Daniels-Midland :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 275,397 which equates to market value of $16.53M and appx 1.40% owners of Archer-Daniels-Midland
  • On 10/12/2021 shares held by KMG Fiduciary Partners LLC were 29,294 which equates to market value of $1.76M and appx 0.30% owners of Archer-Daniels-Midland
  • On 10/12/2021 shares held by Stonnington Group LLC were 35,050 which equates to market value of $2.22M and appx 0.50% owners of Archer-Daniels-Midland
  • In total Institutional ownership equates to Institutional Ownership Percentage: 77.08% for Archer-Daniels-Midland

See More Analyst Rating at: RATING