Archer-Daniels-Midland Company (NYSE:ADM) Receives $53.63 Consensus Price Target from Analysts

Shares of Archer-Daniels-Midland Company (NYSE:ADM - Get Free Report) have received a consensus rating of "Reduce" from the eight analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $53.63.

Several equities analysts have recently issued reports on the stock. Barclays decreased their price target on shares of Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating for the company in a report on Monday, February 24th. BMO Capital Markets lowered their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a report on Wednesday, February 5th. Stephens cut their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a report on Tuesday, February 4th. Morgan Stanley lowered their target price on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 11th. Finally, Bank of America cut their price target on shares of Archer-Daniels-Midland from $54.00 to $48.00 and set an "underperform" rating on the stock in a research note on Tuesday, February 11th.

Institutional Trading of Archer-Daniels-Midland

Several large investors have recently modified their holdings of the stock. Exeter Financial LLC boosted its holdings in shares of Archer-Daniels-Midland by 27.4% in the 1st quarter. Exeter Financial LLC now owns 25,595 shares of the company's stock valued at $1,229,000 after purchasing an additional 5,501 shares in the last quarter. Sage Capital Advisors llc lifted its position in shares of Archer-Daniels-Midland by 0.3% during the 1st quarter. Sage Capital Advisors llc now owns 115,443 shares of the company's stock worth $5,542,000 after buying an additional 375 shares during the last quarter. Moody National Bank Trust Division acquired a new stake in Archer-Daniels-Midland in the first quarter valued at about $221,000. MassMutual Private Wealth & Trust FSB grew its position in Archer-Daniels-Midland by 22.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,958 shares of the company's stock valued at $94,000 after acquiring an additional 359 shares during the last quarter. Finally, Chancellor Financial Group WB LP acquired a new position in Archer-Daniels-Midland during the fourth quarter worth about $678,000. 78.28% of the stock is owned by institutional investors and hedge funds.

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Archer-Daniels-Midland Trading Down 8.9 %

Shares of ADM traded down $4.25 on Friday, reaching $43.32. 6,801,971 shares of the company's stock were exchanged, compared to its average volume of 3,610,646. The business has a 50 day moving average price of $47.51 and a two-hundred day moving average price of $51.74. Archer-Daniels-Midland has a 12 month low of $43.01 and a 12 month high of $66.08. The stock has a market capitalization of $20.78 billion, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 1.54 and a beta of 0.66. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.07 by $0.07. Archer-Daniels-Midland had a net margin of 2.10% and a return on equity of 10.44%. The company had revenue of $21.50 billion during the quarter, compared to analysts' expectations of $22.77 billion. During the same quarter in the previous year, the company posted $1.36 EPS. The business's revenue for the quarter was down 6.4% compared to the same quarter last year. Research analysts anticipate that Archer-Daniels-Midland will post 4.31 earnings per share for the current year.

Archer-Daniels-Midland Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.71%. This is a positive change from Archer-Daniels-Midland's previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, February 18th. Archer-Daniels-Midland's dividend payout ratio (DPR) is currently 56.51%.

Archer-Daniels-Midland declared that its Board of Directors has approved a stock buyback program on Wednesday, December 11th that allows the company to buyback 100,000,000 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

Archer-Daniels-Midland Company Profile

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.