Currently, there are 478.00M common shares owned by the public and among those 475.35M shares have been available to trade.
The company’s stock has a 5-day price change of -6.13% and -13.98% over the past three months. ADM shares are trading -6.00% year to date (YTD), with the 12-month market performance down to -16.33% lower. It has a 12-month low price of $48.40 and touched a high of $66.08 over the same period. ADM has an average intraday trading volume of 3.23 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.38%, -7.66%, and -17.62% respectively.
Institutional ownership of Archer Daniels Midland Co (NYSE: ADM) shares accounts for 80.70% of the company’s 478.00M shares outstanding.
It has a market capitalization of $22.73B and a beta (3y monthly) value of 0.65. The stock’s trailing 12-month PE ratio is 13.55, while the earnings-per-share (ttm) stands at $3.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.20% over the week and 2.18% over the month.
Earnings per share for the fiscal year are expected to decrease by -0.66%, and 6.07% over the next financial year.
Looking at the support for the ADM, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on January 14, 2025, with the firm’s price target at $63-$54. Stephens coverage for the Archer Daniels Midland Co (ADM) stock in a research note released on December 11, 2024 offered a Equal-Weight rating with a price target of $55. Stifel on their part issued Hold rating on January 22, 2024.
