The Andersons Inc (NASDAQ: ANDE) has reported E.P.S. of $0.80 for its third fiscal quarter (ending September 30) versus $0.29 for the same period a year ago — an increase of 176%. For the latest four quarters through September 30, E.P.S. were $3.55 compared to $1.93 a year ago — an increase of 84%.
Recent Price Action
The Andersons Inc (NASDAQ: ANDE) stock closed at $45.82 on 11/4/24 after an increase of 1.4%. NORMAL trading volume accompanied the advance. The stock has declined -1.6% during the last week and has been weak relative to the market over the last nine months.
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 slightly positive Appreciation Score of 67 and a neutral Power Rating of 42, resulting in 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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