News stories about Archer Daniels Midland (NYSE:ADM) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Archer Daniels Midland earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.3435708026277 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
A number of equities research analysts have issued reports on the stock. TheStreet lowered shares of Archer Daniels Midland from a “b-” rating to a “c+” rating in a report on Tuesday, October 31st. Robert W. Baird reiterated a “buy” rating and set a $47.00 target price on shares of Archer Daniels Midland in a research report on Wednesday, November 1st. BMO Capital Markets lowered their target price on Archer Daniels Midland from $41.00 to $36.00 and set a “market perform” rating for the company in a research report on Wednesday, November 1st. Monness Crespi & Hardt lowered their price target on Archer Daniels Midland from $38.00 to $37.00 and set a “sell” rating for the company in a research report on Wednesday, November 1st. Finally, Piper Jaffray Companies set a $39.00 price target on Archer Daniels Midland and gave the stock a “hold” rating in a research report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $42.22.
Shares of Archer Daniels Midland (NYSE:ADM) traded up $0.37 during midday trading on Monday, reaching $41.20. The company’s stock had a trading volume of 2,661,736 shares, compared to its average volume of 3,020,381. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.91 and a current ratio of 1.61. The firm has a market capitalization of $22,834.19, a P/E ratio of 17.23 and a beta of 1.09. Archer Daniels Midland has a fifty-two week low of $38.59 and a fifty-two week high of $47.44.
Archer Daniels Midland (NYSE:ADM) last released its earnings results on Tuesday, October 31st. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.10). Archer Daniels Midland had a return on equity of 7.86% and a net margin of 2.01%. The firm had revenue of $14.83 billion for the quarter, compared to analyst estimates of $16 billion. During the same period last year, the firm earned $0.59 EPS. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. analysts expect that Archer Daniels Midland will post 2.35 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Thursday, November 16th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Wednesday, November 15th. Archer Daniels Midland’s payout ratio is presently 59.81%.
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About Archer Daniels Midland
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