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Andersons (ANDE) Stock Price, News & Analysis

Andersons logo
$39.75 -0.95 (-2.33%)
(As of 12/20/2024 05:40 PM ET)

About Andersons Stock (NASDAQ:ANDE)

Key Stats

Today's Range
$39.25
$40.80
50-Day Range
$40.70
$49.32
52-Week Range
$39.25
$61.46
Volume
4.01 million shs
Average Volume
198,888 shs
Market Capitalization
$1.35 billion
P/E Ratio
11.36
Dividend Yield
1.96%
Price Target
$65.00
Consensus Rating
Strong Buy

Company Overview

The Andersons, Inc. operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil. This segment also engages in the commodity merchandising business, as well as offers logistics for physical commodities, such as whole grains, grain products, feed ingredients, domestic fuel products, and other agricultural commodities. Its Renewables segment produces, purchases, and sells ethanol, and co-products, as well as offers facility operations, risk management, and marketing services to the ethanol plants it invests in and operates. The company's Nutrient & Industrial segment manufactures, distributes, and retails agricultural and related plant nutrients, liquid industrial products, corncob-based products, and pelleted lime and gypsum products, as well as turf fertilizer, pesticide, and herbicide products; and crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. In addition, this segment produces corncob-based products for laboratory animal bedding and private-label cat litter, as well as absorbents, blast cleaners, carriers, and polishers; professional lawn care products for golf course and turf care markets; fertilizer and weed, and pest control products; dry and liquid agricultural nutrients, pelleted lime, gypsum, and soil amendments; and micronutrients, as well as industrial products comprising nitrogen reagents, calcium nitrate, deicers, and dust abatement products. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.

Andersons Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

ANDE MarketRank™: 

Andersons scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Andersons has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Andersons has only been the subject of 1 research reports in the past 90 days.

  • Read more about Andersons' stock forecast and price target.
  • Earnings Growth

    Earnings for Andersons are expected to grow by 13.79% in the coming year, from $2.90 to $3.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Andersons is 11.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Andersons is 11.36, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 111.62.

  • Price to Book Value per Share Ratio

    Andersons has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.96% of the float of Andersons has been sold short.
  • Short Interest Ratio / Days to Cover

    Andersons has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in Andersons has recently increased by 18.26%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Andersons pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Andersons has been increasing its dividend for 26 years.

  • Dividend Coverage

    The dividend payout ratio of Andersons is 22.29%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Andersons will have a dividend payout ratio of 23.64% next year. This indicates that Andersons will be able to sustain or increase its dividend.

  • Read more about Andersons' dividend.
  • Percentage of Shares Shorted

    2.96% of the float of Andersons has been sold short.
  • Short Interest Ratio / Days to Cover

    Andersons has a short interest ratio ("days to cover") of 5.1.
  • Change versus previous month

    Short interest in Andersons has recently increased by 18.26%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Andersons has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Andersons this week, compared to 7 articles on an average week.
  • Search Interest

    Only 1 people have searched for ANDE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Andersons to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Andersons insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $113,693.00 in company stock.

  • Percentage Held by Insiders

    Only 5.10% of the stock of Andersons is held by insiders.

  • Percentage Held by Institutions

    87.06% of the stock of Andersons is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Andersons' insider trading history.
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ANDE Stock News Headlines

Did You See Trump’s Bombshell Exec. Order 001?
Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minutes of stepping into the Oval Office...
Andersons (NASDAQ:ANDE) Has Affirmed Its Dividend Of $0.195
Andersons raises quarterly dividend to 19.5c from 19c per share
See More Headlines

ANDE Stock Analysis - Frequently Asked Questions

Andersons' stock was trading at $57.54 on January 1st, 2024. Since then, ANDE shares have decreased by 30.9% and is now trading at $39.75.
View the best growth stocks for 2024 here
.

The Andersons, Inc. (NASDAQ:ANDE) announced its quarterly earnings data on Monday, November, 4th. The basic materials company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.37. The firm's quarterly revenue was down 27.9% compared to the same quarter last year.

The following companies are subsidiaries of Andersons: 1070283 B.C. LTD, Brisket Merger Sub 1 LLC, Cap Acquire LLC, Cap Acquire Mexico S.de R.L. de C.V., ELEMENT LLC, Feed Factors Limited, Kay Flo Industries Inc., and more.

Andersons' top institutional shareholders include Pacer Advisors Inc. (10.85%), State Street Corp (3.93%), Geode Capital Management LLC (2.30%) and Charles Schwab Investment Management Inc. (1.92%). Insiders that own company stock include Michael J Anderson, Patrick E Bowe, Joseph E Mcneely, Ross W Manire, Anne G Rex, Brian K Walz, William E Krueger and Stephen F Dowdle.
View institutional ownership trends
.

Shares of ANDE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Andersons investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), General Electric (GE) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 10/22 Dividend
10/01/2024
Dividend Payable
10/22/2024
Last Earnings
11/04/2024
Today
12/21/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 1/23 Dividend
1/02/2025
Dividend Payable
1/23/2025

Industry, Sector and Symbol

Industry
Farm - product raw materials
Sub-Industry
Food Distributors
Current Symbol
NASDAQ:ANDE
CUSIP
03416410
Employees
2,334
Year Founded
1947

Price Target and Rating

Average Stock Price Target
$65.00
High Stock Price Target
$65.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+63.5%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$101.19 million
Pretax Margin
1.99%

Debt

Sales & Book Value

Annual Sales
$11.35 billion
Cash Flow
$6.17 per share
Book Value
$44.93 per share

Miscellaneous

Free Float
32,332,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
0.57

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This page (NASDAQ:ANDE) was last updated on 12/21/2024 by MarketBeat.com Staff
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