Archer-Daniels-Midland (ADM) Receiving Somewhat Favorable Press Coverage, Report Finds
Headlines about Archer-Daniels-Midland (NYSE:ADM) have been trending somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to 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 gave headlines about the company an impact score of 46.4758092930737 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Archer-Daniels-Midland Company (ADM) Stake Increased by Convergence Investment Partners LLC (footballhebdo.com)
- IFP Advisors Inc Acquires 3138 Shares of Archer-Daniels-Midland Company (ADM) (bulhufas.com)
- Archer Daniels Midland Company (NYSE:ADM) Stocks Unloaded By Reinhart Partners (overnewsmagazine.com)
- Archer-Daniels-Midland Company (ADM) folded -1.14% below from its SMA-50 – Street Observer (press release) (streetobserver.com)
- Archer-Daniels-Midland Company (ADM) Ex-Dividend Date Scheduled for August 15, 2017 – Nasdaq (nasdaq.com)
A number of research firms recently issued reports on ADM. BidaskClub raised Archer-Daniels-Midland from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd. Credit Suisse Group AG set a $45.00 target price on Archer-Daniels-Midland and gave the stock a “hold” rating in a research note on Tuesday, July 18th. BMO Capital Markets reissued a “hold” rating and set a $41.00 target price on shares of Archer-Daniels-Midland in a research note on Tuesday, June 27th. Vetr raised Archer-Daniels-Midland from a “buy” rating to a “strong-buy” rating and set a $46.76 target price for the company in a research note on Wednesday, May 31st. Finally, Stifel Nicolaus reissued a “hold” rating and set a $45.00 target price (up from $40.00) on shares of Archer-Daniels-Midland in a research note on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $45.10.
Shares of Archer-Daniels-Midland (ADM) traded up 1.01% during trading on Tuesday, hitting $42.05. 4,097,909 shares of the stock traded hands. Archer-Daniels-Midland has a 52 week low of $40.22 and a 52 week high of $47.88. The firm has a market cap of $23.66 billion, a P/E ratio of 17.78 and a beta of 1.11. The company has a 50-day moving average of $41.65 and a 200-day moving average of $43.27.
Archer-Daniels-Midland (NYSE:ADM) last released its quarterly earnings data on Tuesday, August 1st. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.05. The firm had revenue of $14.94 billion during the quarter, compared to the consensus estimate of $15.86 billion. Archer-Daniels-Midland had a return on equity of 8.40% and a net margin of 2.22%. The company’s quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.41 earnings per share. On average, analysts forecast that Archer-Daniels-Midland will post $2.61 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Thursday, August 17th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $1.28 annualized dividend and a dividend yield of 3.04%. Archer-Daniels-Midland’s dividend payout ratio is 53.78%.
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Archer-Daniels-Midland Company Profile
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