Archer-Daniels-Midland (NYSE:ADM – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $4.00-4.75 for the period, compared to the consensus estimate of $4.71. Archer-Daniels-Midland also updated its FY 2025 guidance to 4.000-4.750 EPS.
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. Bank of America cut shares of Archer-Daniels-Midland from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $63.00 to $54.00 in a research report on Tuesday, January 14th. Citigroup lifted their target price on shares of Archer-Daniels-Midland from $51.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 4th. BMO Capital Markets decreased their target price on shares of Archer-Daniels-Midland from $55.00 to $51.00 and set a “market perform” rating on the stock in a research report on Wednesday, December 4th. Barclays decreased their price objective on shares of Archer-Daniels-Midland from $56.00 to $50.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st. Finally, Stephens decreased their price objective on shares of Archer-Daniels-Midland from $55.00 to $52.00 in a research report on Tuesday. Two research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Based on data from MarketBeat.com, Archer-Daniels-Midland currently has an average rating of “Hold” and an average target price of $56.56.
View Our Latest Analysis on ADM
Archer-Daniels-Midland Trading Down 4.6 %
Archer-Daniels-Midland (NYSE:ADM – Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.07. The firm had revenue of $21.50 billion for the quarter, compared to analyst estimates of $22.77 billion. Archer-Daniels-Midland had a net margin of 2.07% and a return on equity of 10.96%. The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.36 EPS. Equities research analysts predict that Archer-Daniels-Midland will post 4.72 earnings per share for the current fiscal year.
Archer-Daniels-Midland Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 4.28%. This is a positive change from Archer-Daniels-Midland’s previous quarterly dividend of $0.50. Archer-Daniels-Midland’s payout ratio is presently 57.14%.
Archer-Daniels-Midland announced that its board has approved a stock repurchase program on Wednesday, December 11th that allows the company to buyback 100,000,000 outstanding shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.
About Archer-Daniels-Midland
Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.
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