Archer-Daniels-Midland (ADM) Scheduled to Post Quarterly Earnings on Tuesday

Archer-Daniels-Midland (NYSE:ADMGet Rating) is scheduled to release its earnings data before the market opens on Tuesday, April 26th. Analysts expect Archer-Daniels-Midland to post earnings of $1.34 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Archer-Daniels-Midland (NYSE:ADMGet Rating) last announced its quarterly earnings results on Tuesday, January 25th. The company reported $1.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.14. The company had revenue of $23.09 billion for the quarter, compared to analyst estimates of $20.21 billion. Archer-Daniels-Midland had a net margin of 3.18% and a return on equity of 13.50%. Archer-Daniels-Midland’s revenue for the quarter was up 28.4% on a year-over-year basis. During the same quarter last year, the business earned $1.21 EPS. On average, analysts expect Archer-Daniels-Midland to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of ADM opened at $96.46 on Tuesday. The firm has a market cap of $54.26 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 10.53 and a beta of 0.79. The company’s fifty day moving average is $85.01 and its two-hundred day moving average is $73.21. Archer-Daniels-Midland has a fifty-two week low of $56.91 and a fifty-two week high of $97.70. The company has a quick ratio of 0.79, a current ratio of 1.45 and a debt-to-equity ratio of 0.36.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Investors of record on Tuesday, February 8th were issued a dividend of $0.40 per share. This is a positive change from Archer-Daniels-Midland’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.66%. Archer-Daniels-Midland’s payout ratio is presently 33.40%.

In other Archer-Daniels-Midland news, CEO Juan R. Luciano sold 268,249 shares of the firm’s stock in a transaction that occurred on Monday, January 31st. The shares were sold at an average price of $74.57, for a total transaction of $20,003,327.93. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Christopher M. Cuddy sold 40,101 shares of Archer-Daniels-Midland stock in a transaction that occurred on Wednesday, February 9th. The shares were sold at an average price of $77.49, for a total transaction of $3,107,426.49. The disclosure for this sale can be found here. Insiders sold a total of 576,726 shares of company stock worth $43,834,804 in the last ninety days. Insiders own 1.20% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. MML Investors Services LLC grew its stake in shares of Archer-Daniels-Midland by 10.8% in the fourth quarter. MML Investors Services LLC now owns 21,967 shares of the company’s stock valued at $1,485,000 after buying an additional 2,145 shares in the last quarter. Vident Investment Advisory LLC boosted its position in Archer-Daniels-Midland by 1.4% during the fourth quarter. Vident Investment Advisory LLC now owns 15,596 shares of the company’s stock worth $1,055,000 after purchasing an additional 219 shares during the period. Toroso Investments LLC boosted its position in Archer-Daniels-Midland by 82.5% during the fourth quarter. Toroso Investments LLC now owns 14,738 shares of the company’s stock worth $996,000 after purchasing an additional 6,663 shares during the period. Colony Group LLC boosted its position in Archer-Daniels-Midland by 5.0% during the fourth quarter. Colony Group LLC now owns 14,258 shares of the company’s stock worth $964,000 after purchasing an additional 674 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its position in Archer-Daniels-Midland by 8.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,416 shares of the company’s stock worth $772,000 after purchasing an additional 857 shares during the period. 75.59% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently issued reports on ADM shares. JPMorgan Chase & Co. assumed coverage on shares of Archer-Daniels-Midland in a research note on Wednesday, January 12th. They set a “hold” rating and a $74.00 price target on the stock. Zacks Investment Research lowered shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating and set a $98.00 price target for the company. in a report on Tuesday, March 29th. Morgan Stanley boosted their target price on shares of Archer-Daniels-Midland from $67.00 to $69.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 11th. The Goldman Sachs Group boosted their target price on shares of Archer-Daniels-Midland from $79.00 to $91.00 and gave the company a “buy” rating in a research note on Wednesday, March 16th. Finally, Monness Crespi & Hardt lowered shares of Archer-Daniels-Midland from a “buy” rating to a “neutral” rating in a research note on Monday. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $74.71.

Archer-Daniels-Midland Company Profile (Get Rating)

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. The company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

Further Reading

Earnings History for Archer-Daniels-Midland (NYSE:ADM)

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