How should investors evaluate Archer Daniels Midland Co. (NYSE:ADM)?

Stocks of Archer Daniels Midland Co. (NYSE:ADM) traded higher last session on Wall Street, up 0.47% to $72.50.

According to the data, Archer Daniels Midland Co. (NYSE:ADM) has 17 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $116.00 and a low of $75.00, we find $92.50. Given the previous closing price of $72.16, this indicates a potential upside of 28.19 percent. ADM stock price is now -3.47% away from the 50-day moving average and -7.00% away from the 200-day moving average. The market capitalization of the company currently stands at $38.67B.

A total of 7 analysts have issued a hold rating and 8 have given it a buy rating. Brokers who have rated the stock have averaged $92.68 as their price target over the next twelve months.

With the price target of $92, ROTH MKM recently initiated with Buy rating for Archer Daniels Midland Co. (NYSE: ADM).

In other news, Strader Fruit Molly L, Vice Pres., Corp. Controller sold 1,455 shares of the company’s stock on Jul 26. The stock was sold for $126,294 at an average price of $86.80. Upon completion of the transaction, the Vice Pres., Corp. Controller now directly owns 10,809 shares in the company, valued at $0.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13, Senior Vice President FINDLAY D CAMERON sold 26,197 shares of the business’s stock. A total of $2,449,907 was realized by selling the stock at an average price of $93.52. This leaves the insider owning 284,987 shares of the company worth $20.66 million. Insiders disposed of 914,840 shares of company stock worth roughly $66.33 million over the past 1 year. A total of 0.74% of the company’s stock is owned by insiders.

Friday’s opening bell rang with an opening price of $72.30 for Archer Daniels Midland Co. (NYSE: ADM). During the past 12 months, Archer Daniels Midland Co. has had a low of $69.31 and a high of $98.12. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.69, and a quick ratio of 1.07. The fifty day moving average price for ADM is $74.97 and a two-hundred day moving average price translates $77.90 for the stock.

The latest earnings results from Archer Daniels Midland Co. (NYSE: ADM) was released for Sep, 2023. According to the Farm Products Company, earnings per share came in at $1.89, beating analysts’ expectations of $1.6 by 0.29. This compares to $1.84 EPS in the same period last year. The net profit margin was 4.05% and return on equity was 16.00% for ADM. The company reported revenue of $21.7 billion for the quarter, compared to $24.68 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.11 percent. For the current quarter, analysts expect ADM to generate $23.68B in revenue.

Archer Daniels Midland Co.(ADM) Company Profile

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. The company operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It originates, merchandises, stores, and transports agricultural raw materials, such as oilseeds and soft seeds. The company also engages in the agricultural commodity and feed product import, export, and distribution; and structured trade finance activities. In addition, it offers vegetable oils and protein meals; ingredients for the food, feed, energy, and industrial customers; crude vegetable oils, salad oils, margarine, shortening, and other food products; and partially refined oils to produce biodiesel and glycols for use in chemicals, paints, and other industrial products. Further, the company provides peanuts, peanut-derived ingredients, and cotton cellulose pulp; sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose; alcohol and other food and animal feed ingredients; ethyl alcohol and ethanol; corn gluten feed and meal; distillers’ grains; and citric acids. Additionally, the company provides natural flavors, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, and botanical extracts; and other specialty food and feed ingredients; edible beans; formula feeds, and animal health and nutrition products; and contract and private label pet treats and foods. It also offers futures commission merchant; commodity brokerage services; cash margins and securities pledged to commodity exchange clearinghouses; and cash pledged as security under certain insurance arrangements. The company was founded in 1902 and is headquartered in Chicago, Illinois.

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