For its fourth fiscal quarter (ending December 31), Archer-Daniels-Midland Co (NYSE: ADM) has reported a -41% decline in E.P.S. from $1.84 a year ago to $1.08 in the current quarter. This performance was $-0.35 short of the consensus estimate of $1.43. E.P.S. were $6.44 for the latest four quarters through December 31 versus $7.72 for the same period a year ago — a decline of -17%.
Recent Price Action
Archer-Daniels-Midland Co (NYSE: ADM) stock closed at $57.07 on 3/12/24 after a large increase of 3.9%. Moreover, this advance was accompanied by unusually high trading volume at 163% of normal. The stock has risen 7.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ADM is expected to continue to be an important Value Builder.
Archer-Daniels-Midland has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Archer-Daniels-Midland has a very high Appreciation Score of 90 but a very low Power Rating of 3, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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