Media coverage about Archer Daniels Midland (NYSE:ADM) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Archer Daniels Midland earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.287070281942 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- ADM Launches New Specialty Feed Additive Anco® AC for Canadian Producers (farms.com)
- INSIGHT-Wooden dams and river jams: U.S. strains to ship record grains (BG, ADM) (markets.businessinsider.com)
- U.S. finds harm from Argentine, Indonesian biodiesel imports (finance.yahoo.com)
- $16.53 Billion in Sales Expected for Archer Daniels Midland Company (ADM) This Quarter (americanbankingnews.com)
- Lacking Vigorous Positions in Performance Measures: Archer-Daniels-Midland Company (NYSE:ADM) – Stock News Stop (stockmarketstop.com)
Shares of Archer Daniels Midland (NYSE:ADM) traded up $0.38 during midday trading on Wednesday, hitting $41.22. The company had a trading volume of 2,704,417 shares, compared to its average volume of 3,018,739. The company has a quick ratio of 0.91, a current ratio of 1.61 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $23,041.11, a price-to-earnings ratio of 17.38 and a beta of 1.09. Archer Daniels Midland has a 12-month low of $38.59 and a 12-month high of $47.44.
Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.10). The firm had revenue of $14.83 billion during the quarter, compared to analysts’ expectations of $16 billion. Archer Daniels Midland had a net margin of 2.01% and a return on equity of 7.86%. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 EPS. equities research analysts anticipate that Archer Daniels Midland will post 2.35 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 16th will be issued a dividend of $0.32 per share. The ex-dividend date is Wednesday, November 15th. This represents a $1.28 dividend on an annualized basis and a yield of 3.11%. Archer Daniels Midland’s dividend payout ratio is currently 59.81%.
Several brokerages have recently issued reports on ADM. Monness Crespi & Hardt reduced their target price on Archer Daniels Midland from $38.00 to $37.00 and set a “sell” rating on the stock in a report on Wednesday, November 1st. Robert W. Baird reissued a “buy” rating and set a $47.00 price objective on shares of Archer Daniels Midland in a research note on Wednesday, November 1st. Piper Jaffray Companies set a $39.00 price objective on Archer Daniels Midland and gave the stock a “hold” rating in a research note on Tuesday, October 31st. Stifel Nicolaus set a $45.00 price objective on Archer Daniels Midland and gave the stock a “hold” rating in a research note on Wednesday, November 1st. Finally, BMO Capital Markets dropped their target price on Archer Daniels Midland from $41.00 to $36.00 and set a “market perform” rating for the company in a research report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $42.22.
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About Archer Daniels Midland
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