Media headlines about Archer Daniels Midland (NYSE:ADM) have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Archer Daniels Midland earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.3223222114576 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Anticipate Archer Daniels Midland (ADM) to Announce $0.59 EPS (americanbankingnews.com)
- As trade spat grows, China hits U.S. sorghum imports with hefty deposit (finance.yahoo.com)
- Insider Selling: Archer Daniels Midland (ADM) Insider Sells 20,762 Shares of Stock (americanbankingnews.com)
- Archer Daniels Midland (ADM) Upgraded at ValuEngine (americanbankingnews.com)
- Archer Daniels Midland (ADM) Given “Hold” Rating at Stifel Nicolaus (americanbankingnews.com)
ADM stock traded up $0.22 during midday trading on Tuesday, reaching $45.69. 2,518,276 shares of the company’s stock traded hands, compared to its average volume of 3,991,748. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 0.86. Archer Daniels Midland has a 52 week low of $38.59 and a 52 week high of $45.91. The stock has a market capitalization of $25,259.54, a price-to-earnings ratio of 18.80 and a beta of 1.01.
Archer Daniels Midland (NYSE:ADM) last issued its earnings results on Tuesday, February 6th. The company reported $0.82 earnings per share (EPS) for the quarter, beating 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 business had revenue of $16.07 billion for the quarter, compared to analysts’ expectations of $16.64 billion. During the same quarter in the previous year, the firm posted $0.75 EPS. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. equities research analysts anticipate that Archer Daniels Midland will post 2.88 EPS for the current year.
Several research firms recently commented on ADM. ValuEngine upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research note on Friday. Buckingham Research upped their price objective on Archer Daniels Midland from $47.00 to $53.00 and gave the company a “buy” rating in a research note on Monday, April 9th. Credit Suisse Group upped their price objective on Archer Daniels Midland from $40.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, April 6th. Goldman Sachs raised shares of Archer Daniels Midland from a “neutral” rating to a “buy” rating and boosted their target price for the company from $43.30 to $50.00 in a report on Monday, March 12th. Finally, Zacks Investment Research cut shares of Archer Daniels Midland from a “buy” rating to a “hold” rating in a report on Thursday, March 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Archer Daniels Midland currently has an average rating of “Buy” and an average target price of $45.15.
In other news, insider Ambrose Michael D sold 20,762 shares of the company’s stock in a transaction on Thursday, April 12th. The shares were sold at an average price of $45.00, for a total value of $934,290.00. Following the transaction, the insider now owns 219,384 shares of the company’s stock, valued at $9,872,280. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.94% of the company’s stock.
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Archer Daniels Midland Company Profile
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. It operates through four segments: Carbohydrate Solutions, Nutrition, Oilseeds, and Origination. The company offers oilseeds, corn, wheat, milo, oats, rice, and barley; and structured trade finance, as well as processes wheat into wheat flour.
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