Archer Daniels Midland (NYSE:ADM) Stock Gets Downgrade from Wall Street Zen

Archer Daniels Midland (NYSE:ADM) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other research analysts have also recently weighed in on ADM. Morgan Stanley raised Archer Daniels Midland from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $60.00 to $79.00 in a research report on Wednesday, August 5th. UBS Group increased their target price on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Jefferies Financial Group upgraded shares of Archer Daniels Midland to a “hold” rating in a research note on Tuesday, September 29th. Weiss Ratings upgraded shares of Archer Daniels Midland from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Finally, Zacks Research downgraded shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $79.67.

Archer Daniels Midland Trading Down 0.1%

Shares of Archer Daniels Midland stock opened at $79.79 on Friday. The company’s fifty day simple moving average is $81.90 and its 200-day simple moving average is $78.88. The stock has a market capitalization of $38.46 billion, a PE ratio of 21.86, a P/E/G ratio of 2.44 and a beta of 0.64. Archer Daniels Midland has a 1-year low of $55.58 and a 1-year high of $88.75. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.39 and a quick ratio of 0.86.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.35. Archer Daniels Midland had a net margin of 2.16% and a return on equity of 9.21%. The firm had revenue of $22.68 billion during the quarter, compared to the consensus estimate of $22.75 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts anticipate that Archer Daniels Midland will post 5.45 earnings per share for the current year.

Hedge Funds Weigh In On Archer Daniels Midland

Large investors have recently made changes to their positions in the business. Kelleher Financial Advisors purchased a new stake in Archer Daniels Midland in the 2nd quarter worth about $25,000. Orion Capital Management LLC bought a new stake in Archer Daniels Midland in the second quarter worth about $27,000. Sankala Group LLC purchased a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Archer Daniels Midland during the fourth quarter valued at approximately $29,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of Archer Daniels Midland during the first quarter valued at approximately $29,000. 78.28% of the stock is currently owned by hedge funds and other institutional investors.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (NYSE: ADM) is a global agricultural origination and processing company that converts crops and other plant-based materials into food, feed, fuel and industrial ingredients. The company sources, transports, stores and processes commodities such as corn, soybeans, wheat and oilseeds through an extensive network of elevators, processing facilities and transportation assets.

ADM’s businesses include agricultural services and oilseeds, carbohydrate solutions, and nutrition.