Company Performance - Archer Daniels Midland (ADM) closed at $62.45, with a daily increase of +2.31%, outperforming the S&P 500's gain of 0.37% [1] - Over the past month, ADM shares have decreased by 3.02%, which is better than the Consumer Staples sector's decline of 3.28% but worse than the S&P 500's increase of 4.26% [1] Earnings Estimates - The upcoming earnings report for ADM is projected to show earnings per share (EPS) of $0.87, a decrease of 20.18% from the same quarter last year [2] - Revenue is expected to be $20.17 billion, reflecting a 1.18% increase compared to the previous year [2] - Full-year estimates predict earnings of $3.99 per share and revenue of $83.75 billion, indicating year-over-year declines of -15.82% and -2.09%, respectively [3] Analyst Sentiment - Changes in analyst estimates for ADM are crucial as they often indicate shifts in short-term business dynamics, with positive revisions suggesting optimism about profitability [3] - The Zacks Rank system, which evaluates these estimate changes, currently ranks ADM at 3 (Hold) [5] Valuation Metrics - ADM has a Forward P/E ratio of 15.28, which aligns with its industry's Forward P/E of 15.28 [6] - The company has a PEG ratio of 3.25, compared to the average PEG ratio of 1.77 for the Agriculture - Operations industry [6] Industry Context - The Agriculture - Operations industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 150, placing it in the bottom 40% of over 250 industries [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Why Archer Daniels Midland (ADM) Outpaced the Stock Market Today