Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Archer-Daniels-Midland Co (NYSE: ADM) improved of late. ADM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Archer-Daniels-Midland Co (NYSE: ADM) stock declined slightly by -0.07% on 8/9/24. The stock closed at $58.44. However, trading volume in this decline was exceptionally low at 44% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.4% during the last week.
Current PriceTarget Research Rating
ADM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Archer-Daniels-Midland has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Archer-Daniels-Midland has a good Appreciation Score of 79 but a very low Power Rating of 8, leading to the Low Neutral Value Trend Rating.
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