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Archer Daniels Midland (ADM) Stock Moves -1.25%: What You Should Know
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In the latest close session, Archer Daniels Midland (ADM - Free Report) was down 1.25% at $82.34. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, added 0.45%.
The stock of agribusiness giant has risen by 6.68% in the past month, leading the Consumer Staples sector's loss of 3.8% and the S&P 500's gain of 1.27%.
Investors will be eagerly watching for the performance of Archer Daniels Midland in its upcoming earnings disclosure. In that report, analysts expect Archer Daniels Midland to post earnings of $1.53 per share. This would mark year-over-year growth of 66.3%. In the meantime, our current consensus estimate forecasts the revenue to be $21.85 billion, indicating a 7.24% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.22 per share and revenue of $85.55 billion. These totals would mark changes of +52.19% and +6.58%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Archer Daniels Midland. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Archer Daniels Midland boasts a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Archer Daniels Midland is presently being traded at a Forward P/E ratio of 15.97. This expresses a premium compared to the average Forward P/E of 12.22 of its industry.
Investors should also note that ADM has a PEG ratio of 2.66 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Agriculture - Operations industry currently had an average PEG ratio of 2.43 as of yesterday's close.
The Agriculture - Operations industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 168, placing it within the bottom 32% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Archer Daniels Midland (ADM) Stock Moves -1.25%: What You Should Know
In the latest close session, Archer Daniels Midland (ADM - Free Report) was down 1.25% at $82.34. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, added 0.45%.
The stock of agribusiness giant has risen by 6.68% in the past month, leading the Consumer Staples sector's loss of 3.8% and the S&P 500's gain of 1.27%.
Investors will be eagerly watching for the performance of Archer Daniels Midland in its upcoming earnings disclosure. In that report, analysts expect Archer Daniels Midland to post earnings of $1.53 per share. This would mark year-over-year growth of 66.3%. In the meantime, our current consensus estimate forecasts the revenue to be $21.85 billion, indicating a 7.24% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.22 per share and revenue of $85.55 billion. These totals would mark changes of +52.19% and +6.58%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Archer Daniels Midland. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Archer Daniels Midland boasts a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Archer Daniels Midland is presently being traded at a Forward P/E ratio of 15.97. This expresses a premium compared to the average Forward P/E of 12.22 of its industry.
Investors should also note that ADM has a PEG ratio of 2.66 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Agriculture - Operations industry currently had an average PEG ratio of 2.43 as of yesterday's close.
The Agriculture - Operations industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 168, placing it within the bottom 32% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.