For its second fiscal quarter (ending June 30), The Andersons Inc (NASDAQ: ANDE) has reported a -35% decline in E.P.S. from $1.63 a year ago to $1.06 in the current quarter. This result fell short of the consensus estimate of $1.09 by $-0.03. For the latest four quarters through June 30, E.P.S. were $3.03 compared to $2.16 a year ago — an increase of 40%.
Recent Price Action
The Andersons Inc (NASDAQ: ANDE) stock closed at $47.73 on 8/6/24 after a modest gain of 0.7%. Moreover, trading volume in this advance was unusually high at 157% of normal. Relative to the market the stock has been weak over the last nine months and has declined -11.8% during the last week.
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). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Andersons has a slightly positive Appreciation Score of 60 but a slightly negative Power Rating of 36, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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