Archer Daniels Midland (ADM) Upgraded at Stephens

Stephens upgraded shares of Archer Daniels Midland (NYSE:ADM) from an equal weight rating to an overweight rating in a report released on Wednesday morning.

A number of other equities analysts have also recently commented on ADM. Monness Crespi & Hardt started coverage on shares of Archer Daniels Midland in a research note on Tuesday, October 24th. They set a sell rating and a $38.00 price target for the company. Zacks Investment Research raised shares of Archer Daniels Midland from a sell rating to a hold rating in a research note on Tuesday, October 24th. Stifel Nicolaus set a $45.00 price target on shares of Archer Daniels Midland and gave the stock a hold rating in a research note on Wednesday, November 1st. Piper Jaffray Companies set a $39.00 price target on shares of Archer Daniels Midland and gave the stock a hold rating in a research note on Tuesday, October 31st. Finally, BMO Capital Markets dropped their price target on shares of Archer Daniels Midland from $41.00 to $36.00 and set a market perform rating for the company in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $42.22.

Archer Daniels Midland (ADM) opened at $41.49 on Wednesday. Archer Daniels Midland has a 52 week low of $38.59 and a 52 week high of $47.44. The company has a market cap of $23,125.00, a price-to-earnings ratio of 16.95 and a beta of 1.11. The company has a quick ratio of 0.91, a current ratio of 9.60 and a debt-to-equity ratio of 0.36.

Archer Daniels Midland (NYSE:ADM) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.12. Archer Daniels Midland had a net margin of 2.62% and a return on equity of 7.91%. The firm had revenue of $16.07 billion during the quarter, compared to analysts’ expectations of $16.64 billion. During the same period in the previous year, the company earned $0.75 EPS. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. sell-side analysts anticipate that Archer Daniels Midland will post 2.74 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 20th will be issued a dividend of $0.335 per share. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 16th. This represents a $1.34 dividend on an annualized basis and a yield of 3.23%. Archer Daniels Midland’s dividend payout ratio (DPR) is presently 45.71%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ffcm LLC lifted its holdings in Archer Daniels Midland by 126.4% during the 4th quarter. Ffcm LLC now owns 2,551 shares of the company’s stock valued at $102,000 after buying an additional 1,424 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Archer Daniels Midland by 188.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,554 shares of the company’s stock valued at $102,000 after buying an additional 1,668 shares in the last quarter. Acropolis Investment Management LLC lifted its holdings in Archer Daniels Midland by 1,923.9% during the 4th quarter. Acropolis Investment Management LLC now owns 3,218 shares of the company’s stock valued at $129,000 after buying an additional 3,059 shares in the last quarter. Trustcore Financial Services LLC bought a new stake in Archer Daniels Midland during the 4th quarter valued at about $130,000. Finally, Sun Life Financial INC bought a new stake in Archer Daniels Midland during the 3rd quarter valued at about $147,000. Institutional investors own 76.33% of the company’s stock.

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About Archer Daniels Midland

Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat, cocoa and other agricultural commodities. The Company manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients. Its segments include Agricultural Services, which utilizes its United States grain elevator, global transportation network and port operations to buy, store, clean and transport agricultural commodities, such as oilseeds, wheat, milo, oats, rice and barley, and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry; Corn Processing, which is engaged in corn wet milling and dry milling activities; Oilseeds Processing, which includes global activities related to the origination, merchandising, crushing and further processing of oilseeds; Wild Flavors and Specialty Ingredients products, which include flavors, sweeteners and health ingredients; Other, and Corporate.

Analyst Recommendations for Archer Daniels Midland (NYSE:ADM)

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