Alert: Negative Investment/Fundamental Signals (9/30/24)-Archer-Daniels-Midland Co (NYSE: ADM)

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Archer-Daniels-Midland Co (NYSE: ADM) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.

Recent notable negative changes in fundamentals have impacted Archer-Daniels-Midland Co (NYSE: ADM): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

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

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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 (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Archer-Daniels-Midland has a good Appreciation Score of 81 but a slightly negative Power Rating of 34, and the Neutral Value Trend Rating results.

Recent Price Action

Archer-Daniels-Midland Co (NYSE: ADM) stock closed at $59.74 on 9/30/24 after a slight decline of -0.4%. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -2.6% during the last week.

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