Ideas And Forecasts On Archer Daniels Midland Co. (NYSE: ADM)

Archer Daniels Midland Co. (NYSE:ADM) currently has a daily average trading volume of 2.64M but it saw 2197755 shares traded in last market. With a market cap of 26.81B USD, the company’s current market price of $56.08 came rising about 0.70 while comparing to the previous closing price of $55.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $77.35 and as low as $50.72. In the recent trading on the day, stock has struck highest price mark of $55.27 while lowest mark touched by it was $56.15.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which initiated the stock as “Neutral” in its note to investors issued on February 01, 2024, recommending a price target of $57 for it. Stifel issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $116 and $56.

Over the week, ADM’s stock price is moving -3.79% down while it is -7.66% when we observe its performance for the past one month. Year-to-date it is -22.35% down and over the past year, the stock is showing a downside performance of -22.54%.

Currently, Archer Daniels Midland Co.’s total number of outstanding shares is 513.00M. Company’s return on investment (ROI) stands at 8.28% and return on equity (ROE) at 11.05%. It has a price to earnings ratio (P/E ratio) of 11.24 while having a 10.45 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is 4.81% on average.