Shares of Archer-Daniels-Midland Company (NYSE:ADM) reached a new 52-week low on Friday . The stock traded as low as $39.81 and last traded at $0.00, with a volume of shares trading hands.

Several analysts have recently weighed in on the stock. Piper Jaffray Companies set a $42.00 price objective on shares of Archer-Daniels-Midland and gave the company a “hold” rating in a research note on Friday, August 25th. BidaskClub upgraded shares of Archer-Daniels-Midland from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd. Credit Suisse Group set a $45.00 price objective on shares of Archer-Daniels-Midland and gave the company a “hold” rating in a research note on Tuesday, July 18th. TheStreet lowered shares of Archer-Daniels-Midland from a “b-” rating to a “c+” rating in a research note on Tuesday. Finally, BMO Capital Markets lowered their price objective on shares of Archer-Daniels-Midland from $41.00 to $36.00 and set a “market perform” rating for the company in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Archer-Daniels-Midland presently has a consensus rating of “Hold” and an average price target of $41.53.

The stock has a market capitalization of $22.46 billion, a P/E ratio of 16.94 and a beta of 1.11. The company has a current ratio of 1.61, a quick ratio of 0.91 and a debt-to-equity ratio of 0.38.

Archer-Daniels-Midland (NYSE:ADM) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.10). The business had revenue of $14.83 billion for the quarter, compared to the consensus estimate of $16 billion. Archer-Daniels-Midland had a net margin of 2.01% and a return on equity of 7.86%. The business’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. equities analysts anticipate that Archer-Daniels-Midland Company will post 2.46 earnings per share for the current year.

The company also recently disclosed 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. This represents a $1.28 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date is Wednesday, November 15th. Archer-Daniels-Midland’s dividend payout ratio is 59.81%.

Institutional investors and hedge funds have recently bought and sold shares of the business. Enterprise Financial Services Corp boosted its holdings in Archer-Daniels-Midland by 17.7% during the 2nd quarter. Enterprise Financial Services Corp now owns 2,526 shares of the company’s stock worth $105,000 after acquiring an additional 380 shares during the last quarter. Manchester Capital Management LLC boosted its holdings in Archer-Daniels-Midland by 28.3% during the 2nd quarter. Manchester Capital Management LLC now owns 2,718 shares of the company’s stock worth $112,000 after acquiring an additional 600 shares during the last quarter. Carroll Financial Associates Inc. boosted its holdings in Archer-Daniels-Midland by 24.7% during the 2nd quarter. Carroll Financial Associates Inc. now owns 3,854 shares of the company’s stock worth $159,000 after acquiring an additional 764 shares during the last quarter. V Wealth Management LLC boosted its holdings in Archer-Daniels-Midland by 0.5% during the 2nd quarter. V Wealth Management LLC now owns 4,486 shares of the company’s stock worth $184,000 after acquiring an additional 22 shares during the last quarter. Finally, Exane Derivatives boosted its holdings in Archer-Daniels-Midland by 575.0% during the 2nd quarter. Exane Derivatives now owns 4,509 shares of the company’s stock worth $187,000 after acquiring an additional 3,841 shares during the last quarter. 72.57% of the stock is currently owned by hedge funds and other institutional investors.

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About Archer-Daniels-Midland

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