Alert: Positive Investment/Fundamental Signals (7/29/24)-The Andersons Inc (NASDAQ: ANDE)

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The Andersons Inc (NASDAQ: ANDE). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Significant positive changes in The Andersons Inc (NASDAQ: ANDE) fundamentals have recently occurred. Positive developments: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred. Negative development: significant quarterly sales deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ANDE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Andersons has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Andersons has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 40, producing the Neutral Value Trend Rating.

Recent Price Action

The Andersons Inc (NASDAQ: ANDE) stock declined modestly by -1.5% on 7/29/24. The stock closed at $54.13. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 5.2% during the last week.

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