Jefferies Financial Group Forecasts Strong Price Appreciation for Archer Daniels Midland (NYSE:ADM) Stock

Archer Daniels Midland (NYSE:ADMGet Free Report) had its price objective hoisted by investment analysts at Jefferies Financial Group from $65.00 to $77.00 in a report released on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 5.31% from the company’s previous close.

ADM has been the topic of several other research reports. JPMorgan Chase & Co. increased their price objective on Archer Daniels Midland from $61.00 to $65.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 24th. Zacks Research raised shares of Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. BMO Capital Markets reiterated a “market perform” rating and issued a $63.00 price target on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a research report on Monday, December 15th. Finally, Morgan Stanley downgraded Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $57.00 to $50.00 in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $62.00.

Get Our Latest Stock Analysis on ADM

Archer Daniels Midland Stock Performance

NYSE ADM traded down $0.71 on Monday, hitting $73.12. 622,477 shares of the stock were exchanged, compared to its average volume of 4,012,461. Archer Daniels Midland has a 52 week low of $40.98 and a 52 week high of $74.19. The company has a market capitalization of $35.24 billion, a PE ratio of 32.94, a P/E/G ratio of 0.90 and a beta of 0.65. The business’s fifty day moving average is $69.14 and its 200 day moving average is $63.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.37 and a quick ratio of 0.83.

Archer Daniels Midland (NYSE:ADMGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.07. The business had revenue of $18.56 billion during the quarter, compared to the consensus estimate of $21.03 billion. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company’s quarterly revenue was down 13.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Research analysts anticipate that Archer Daniels Midland will post 4.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Archer Daniels Midland news, SVP Jennifer L. Weber sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $67.04, for a total value of $1,676,000.00. Following the completion of the transaction, the senior vice president directly owned 123,668 shares in the company, valued at $8,290,702.72. This represents a 16.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ian R. Pinner sold 34,106 shares of Archer Daniels Midland stock in a transaction on Friday, March 13th. The shares were sold at an average price of $71.53, for a total transaction of $2,439,602.18. Following the completion of the sale, the senior vice president owned 90,676 shares in the company, valued at approximately $6,486,054.28. This represents a 27.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 109,106 shares of company stock valued at $7,539,602 over the last quarter. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Archer Daniels Midland by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock worth $3,402,265,000 after acquiring an additional 536,265 shares in the last quarter. State Street Corp raised its position in shares of Archer Daniels Midland by 0.7% in the second quarter. State Street Corp now owns 34,617,404 shares of the company’s stock worth $1,827,107,000 after acquiring an additional 223,716 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Archer Daniels Midland by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,829,140 shares of the company’s stock valued at $1,082,487,000 after purchasing an additional 449,815 shares in the last quarter. Dodge & Cox boosted its holdings in Archer Daniels Midland by 13.4% in the 4th quarter. Dodge & Cox now owns 17,084,645 shares of the company’s stock worth $982,196,000 after buying an additional 2,016,101 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Archer Daniels Midland by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 12,628,065 shares of the company’s stock valued at $723,175,000 after acquiring an additional 109,556 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

About Archer Daniels Midland

(Get Free Report)

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.

Further Reading

Analyst Recommendations for Archer Daniels Midland (NYSE:ADM)

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