ADM Named A Top Socially Responsible Dividend Stock
- Author: Zachary Reyes Mar 08, 2017,
Mar 08, 2017, 16:36
Archer-Daniels-Midland Company (NYSE:ADM) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -0.97% to 44.76 with around 2.47 Million shares have changed hands in this session.
The earnings of Energy Transfer Equity, L.P. (ETE) are forecasted by the analysts to move at $0.24 in current quarter, from $0.3 a year-ago quarter. The 1 number of analyst/s have SELL recommendation for current month on ADM. During the same period in the previous year, the business earned $0.60 EPS. The firm's revenue for the quarter was up.3% compared to the same quarter past year. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, the current price highlights a discount of 19.29% to analysts' high consensus price target. Archer-Daniels-Midland Company (NYSE:ADM) has underperformed the index by 0.94% in the last 4 weeks. The company priced its initial public offering of 200,000,000 shares of Class A common stock at a price to the public of $17 per share, for a total offering size of $3.4 billion.
Many analysts are providing their Estimated Earnings analysis for Archer-Daniels-Midland Company and for the current quarter 12 analysts have projected that the stock could give an Average Earnings estimate of $0.61/share. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). 12 Analysts reported that the Price Target for Archer-Daniels-Midland Company might touch $52 high while the Average Price Target and Low price Target is $45.08 and $36 respectively. Archer-Daniels-Midland Company is headquartered in Decatur, Illinois. Archer-Daniels-Midland Company has a 1-year low of $29.86 and a 1-year high of $47.88. This represents a $1.28 annualized dividend and a yield of 2.86%.
The 52-week high is at -4.72% and the 52-week low stands at 34.71%. Zions Bancorporation boosted its stake in shares of Archer Daniels Midland Company by 2.6% in the fourth quarter. The ex-dividend date is Thursday, February 16th.
Archer-Daniels-Midland Company is a processor of oilseeds corn wheat cocoa and other agricultural commodities and manufactures protein meal vegetable oil corn sweeteners flour biodiesel ethanol and other value-added food and feed ingredients. The number of shares now owned by investors are 574.62 mln. Its share price has risen 1.75% in three months and is down -1.34% for the last five trades. Vetr upgraded shares of Archer Daniels Midland Company from a hold rating to a buy rating and set a $46.73 target price on the stock in a research report on Monday, January 30th.
Price Target plays a critical role when it comes to the Analysis of a Stock. Finally, Mosaic Family Wealth LLC increased its stake in Archer Daniels Midland Company by 7.0% in the third quarter. Stifel Nicolaus began coverage on shares of Archer Daniels Midland Company in a research report on Thursday, December 15th. The FBHS ratings chart showed that 9 gave HOLD ratings for the current month as 2 analysts opting for Overweight option for same period, whereas, 1 analyst out of pool gave UNDERWEIGHT rating. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company's stock. They set a "hold" rating and a $46.00 price target for the company.