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Archer-Daniels-Midland: Solid Fundamentals, Bargain Price
Seeking Alpha· 2024-04-01 02:41
Andrii Yalanskyi Introduction On December 27, I wrote an article titled "Ultrawide Moat, Great Valuation, Dividend Growth: Archer-Daniels-Midland Has It All." Although a three-month period is not a great measurement to check if a long-term thesis is working out, it needs to be said that Archer-Daniels-Midland Company (NYSE:ADM) shares have fallen 12% since then. During this period, the S&P 500 has returned 10%. Data by YCharts While ADM had been struggling with margins due to lower inflation, the main r ...
Archer Daniels Midland Company (ADM) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-03-21 14:05
Archer Daniels Midland (ADM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this agribusiness giant have returned +13.8% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Agriculture - Operations industry, to which ADM belongs, has gained 5.2% over this period. Now the key question is: Where could the stock be headed in the ...
Time To Sell: 3 Dividend Stocks With No Margin Of Safety
Seeking Alpha· 2024-03-20 22:40
Adam SmigielskiEach month I feature several dividend paying stocks that I don't think offer any margin of safety based on their business and current stock price. This theme irritates some dividend yield chasers, so I encourage you to vent in the comments. When investing, your goal ought to be to have a "margin of safety" on every investment you make. Margin of safety is the difference between a company's current share price and its intrinsic value. Consider this article series an early warning siren. Th ...
Archer-Daniels Midland Stock is Rock Steady, but is it a Buy?
MarketBeat· 2024-03-19 11:08
Key PointsArcher-Daniels Midland stock is up more than 8% after the company's earnings report shed some light on a DOJ accounting probe. The company's business is slowing; however, the dividend is solid, and the underlying demand remains solid. Traders may not have much to like, but ADM stock is still a strong long-term buy. 5 stocks we like better than Archer-Daniels-MidlandArcher-Daniels Midland Company NYSE: ADM stock is up more than 8% after the company reported fourth-quarter and full-year 2023 earnin ...
Archer Daniels Midland (ADM) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-18 22:56
Archer Daniels Midland (ADM) closed at $60.41 in the latest trading session, marking a +1.85% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.63%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.82%.The the stock of agribusiness giant has risen by 10.55% in the past month, leading the Consumer Staples sector's gain of 1.73% and the S&P 500's gain of 1.76%.Investors will be eagerly watching for the performance ...
Archer Daniels (ADM) Announces Accelerated Share Repurchases
Zacks Investment Research· 2024-03-14 16:30
Archer Daniels Midland Company (ADM) is significantly progressing on its three strategic pillars, which are optimize, drive and growth. The company is actively managing productivity and innovation, and aligning work to the interconnected trends in food security, health and wellbeing.In the latest developments, the company has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to buy back $1 billion ...
ADM Announces $1 Billion Accelerated Share Repurchase Agreement
Businesswire· 2024-03-13 11:00
CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM) today announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM’s common stock. “We finished 2023 with strong momentum in terms of returning cash to our shareholders, and we will continue to prioritize shareholders in our cash deployment in 2024,” Board Chair and CEO Juan Luciano said. “After repurchasing $1 ...
Why Archer-Daniels-Midland Stock Gained Today
The Motley Fool· 2024-03-12 21:48
Archer-Daniels-Midland (ADM 3.93%) published its fourth-quarter earnings results before the market opened Tuesday, and investors sent the stock higher. The agricultural commodities company's share price closed out the session up by 3.9%, according to data from S&P Global Market Intelligence.ADM's stock gained ground despite the fact that its Q4 performance missed expectations. It posted non-GAAP (adjusted) earnings of $1.36 per share on revenue of $22.98 billion. The analysts' average estimates had called f ...
Archer Daniels (ADM) Q4 Earnings Beat, Revenues Dip Y/Y
Zacks Investment Research· 2024-03-12 18:51
Archer Daniels Midland Company (ADM) posted fourth-quarter 2023 results, wherein the top line missed the Zacks Consensus Estimate but the bottom line beat the same. Both metrics declined year over year.Adjusted earnings of $1.63 per share in the fourth quarter outpaced the Zacks Consensus Estimate of $1.42. However, the figure declined 30% from $1.93 in the year-ago quarter. On a reported basis, Archer Daniels’ earnings were $1.06 per share, down 42% from the year-ago quarter’s $1.84.Revenues fell 11.4% yea ...
ADM(ADM) - 2023 Q4 - Earnings Call Transcript
2024-03-12 16:05
Archer-Daniels-Midland Company (NYSE:ADM) Q4 2023 Earnings Conference Call March 12, 2024 9:00 AM ET Company Participants Megan Britt - Vice President of Investor Relations Juan Luciano - Chairman and Chief Executive Officer Ismael Roig - Interim Chief Financial Officer Conference Call Participants Adam Samuelson - Goldman Sachs Tom Palmer - Citi Andrew Strelzik - BMO Capital Markets Ben Bienvenu - Stephens Ben Theurer - Barclays Manav Gupta - UBS Salvator Tiano - Bank of America Steven Haynes - Morgan Stan ...