Andersons (ANDE) Receives Coverage Optimism Score of 0.19

Media coverage about Andersons (NASDAQ:ANDE) has been trending somewhat positive on Friday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Andersons earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 47.458772062611 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Several equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Andersons from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 16th. BMO Capital Markets dropped their target price on shares of Andersons from $39.00 to $34.00 and set a “market perform” rating for the company in a research report on Wednesday, November 8th. Finally, Buckingham Research lowered shares of Andersons from a “buy” rating to a “neutral” rating in a report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. Andersons has a consensus rating of “Hold” and an average price target of $34.50.

Andersons (ANDE) opened at $32.75 on Friday. The company has a quick ratio of 0.56, a current ratio of 1.36 and a debt-to-equity ratio of 0.50. Andersons has a one year low of $29.60 and a one year high of $41.45. The company has a market cap of $905.98, a price-to-earnings ratio of -54.58 and a beta of 1.29.

Andersons (NASDAQ:ANDE) last issued its earnings results on Monday, November 6th. The basic materials company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). Andersons had a positive return on equity of 3.91% and a negative net margin of 0.45%. The firm had revenue of $836.60 million during the quarter, compared to analysts’ expectations of $899.95 million. During the same period in the previous year, the firm earned $0.06 earnings per share. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. analysts anticipate that Andersons will post 0.89 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 2nd will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.02%. This is an increase from Andersons’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, December 29th. Andersons’s payout ratio is presently -110.00%.

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Andersons Company Profile

The Andersons, Inc is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products. The Company operates through segments, including Grain, Ethanol, Rail and Plant Nutrient. Its Grain business operates grain elevators in various states in the United States Corn Belt.

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