Archer Daniels Midland Co (ADM) concluded trading on Wednesday at a closing price of $51.66, with 3.28 million shares of worth about $169.6 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.39% during that period and on January 29, 2025 the price saw a gain of about 2.12%. Currently the company’s common shares owned by public are about 478.00M shares, out of which, 475.35M shares are available for trading.
Stock saw a price change of 2.26% in past 5 days and over the past one month there was a price change of 2.07%. Year-to-date (YTD), ADM shares are showing a performance of 2.26% which decreased to -0.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.40 but also hit the highest price of $66.08 during that period. The average intraday trading volume for Archer Daniels Midland Co shares is 3.16 million. The stock is currently trading 1.80% above its 20-day simple moving average (SMA20), while that difference is up 0.02% for SMA50 and it goes to -10.71% lower than SMA200.
Archer Daniels Midland Co (NYSE: ADM) currently have 478.00M outstanding shares and institutions hold larger chunk of about 80.67% of that.
The stock has a current market capitalization of $24.72B and its 3Y-monthly beta is at 0.71. PE ratio of stock for trailing 12 months is 14.74, while it has posted earnings per share of $3.51 in the same period. It has Quick Ratio of 0.84 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ADM, volatility over the week remained 2.33% while standing at 2.18% over the month.
Stock’s fiscal year EPS is expected to drop by -32.14% while it is estimated to decrease by -0.59% in next year. EPS is likely to shrink at an annualized rate of -10.56% for next 5-years, compared to annual growth of 15.02% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on January 14, 2025 offering an Underperform rating for the stock and assigned a target price range of between $63 and $54 to it. Coverage by Stephens stated Archer Daniels Midland Co (ADM) stock as an Equal-weight in their note to investors on December 11, 2024, suggesting a price target of $55 for the stock. Stock get a Hold rating from Stifel on January 22, 2024.
