Analysts Expect Archer-Daniels-Midland Company (NYSE:ADM) Will Announce Earnings of $1.35 Per Share

Analysts expect Archer-Daniels-Midland Company (NYSE:ADMGet Rating) to post earnings of $1.35 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Archer-Daniels-Midland’s earnings. The lowest EPS estimate is $1.25 and the highest is $1.42. Archer-Daniels-Midland reported earnings of $1.39 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 2.9%. The business is scheduled to announce its next quarterly earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that Archer-Daniels-Midland will report full-year earnings of $5.20 per share for the current financial year, with EPS estimates ranging from $5.00 to $5.40. For the next financial year, analysts expect that the firm will post earnings of $5.16 per share, with EPS estimates ranging from $4.40 to $5.55. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Archer-Daniels-Midland.

Archer-Daniels-Midland (NYSE:ADMGet Rating) last issued its quarterly earnings data on Tuesday, January 25th. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.14. Archer-Daniels-Midland had a net margin of 3.18% and a return on equity of 13.50%. The business had revenue of $23.09 billion for the quarter, compared to analyst estimates of $20.21 billion. During the same period last year, the business posted $1.21 earnings per share. The firm’s quarterly revenue was up 28.4% on a year-over-year basis.

ADM has been the topic of a number of research analyst reports. StockNews.com lowered shares of Archer-Daniels-Midland from a “strong-buy” rating to a “buy” rating in a report on Friday, April 15th. Stifel Nicolaus lifted their price target on shares of Archer-Daniels-Midland from $80.00 to $100.00 in a research note on Wednesday, April 6th. Monness Crespi & Hardt lowered shares of Archer-Daniels-Midland from a “buy” rating to a “neutral” rating in a research note on Monday. Morgan Stanley lifted their price target 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. Finally, Zacks Investment Research lowered shares of Archer-Daniels-Midland from a “buy” rating to a “hold” rating and set a $98.00 price target on the stock. in a research note on Tuesday, March 29th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $77.00.

Shares of NYSE:ADM opened at $98.22 on Thursday. Archer-Daniels-Midland has a 12 month low of $56.91 and a 12 month high of $98.44. 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 company’s fifty day simple moving average is $85.82 and its 200 day simple moving average is $73.54. The firm has a market cap of $55.25 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 10.53 and a beta of 0.79.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 1st. Stockholders of record on Tuesday, February 8th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, February 7th. This is a positive change from Archer-Daniels-Midland’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 1.63%. Archer-Daniels-Midland’s payout ratio is currently 33.40%.

In related news, SVP Gregory A. Morris sold 20,000 shares of Archer-Daniels-Midland stock in a transaction dated Friday, March 18th. The shares were sold at an average price of $83.37, for a total transaction of $1,667,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Christopher M. Cuddy sold 40,101 shares of Archer-Daniels-Midland stock in a transaction dated Wednesday, February 9th. The stock was 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 have sold a total of 576,726 shares of company stock worth $43,834,804 over the last 90 days. 1.20% of the stock is owned by company insiders.

Hedge funds have recently made changes to their positions in the stock. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Archer-Daniels-Midland by 84.8% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 316 shares of the company’s stock worth $29,000 after buying an additional 145 shares during the period. Baystate Wealth Management LLC bought a new stake in Archer-Daniels-Midland in the 1st quarter valued at about $35,000. Curi Wealth Management LLC bought a new stake in Archer-Daniels-Midland in the 4th quarter valued at about $27,000. Bivin & Associates Inc. bought a new stake in Archer-Daniels-Midland in the 4th quarter valued at about $28,000. Finally, Wagner Wealth Management LLC boosted its holdings in Archer-Daniels-Midland by 65.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 429 shares of the company’s stock valued at $28,000 after purchasing an additional 169 shares during the period. 75.59% of the stock is owned by institutional investors and hedge funds.

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.

Featured Stories

Get a free copy of the Zacks research report on Archer-Daniels-Midland (ADM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Archer-Daniels-Midland Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer-Daniels-Midland and related companies with MarketBeat.com's FREE daily email newsletter.