Archer-Daniels-Midland Company (NYSE:ADM) is trading up 53.60% versus 12-month low of 28.94 and stands -6.47% lower from its 1-year peak of $47.54. The consensus price target (PT) of $45.54 means that the market expects Company shares to increase by 1.8% in the short run. The sell-side target prices range from $33 to $55. In the last month the stock has moved in price -3.28%, with a one year change of 34.27%. The last trading session volume compares with the 3.24M average and market worth floats around 26.18B.
Archer-Daniels-Midland Company (NYSE:ADM) fell -0.65% to reach at the trading price of $44.46 as it is set to release its next quarterly earnings report on February 07, 2017. Archer-Daniels-Midland Company stock trades in the range of $44.40 to $45.41 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.8 a share with $16.53B in revenue.
Archer-Daniels-Midland Company (ADM) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Archer-Daniels-Midland Company to earn $0.7 per share (EPS) on revenue of $14.61B. The EPS consensus range is $0.57-$0.76 on revenue between $15.25B and $13.91B.
While if we look at the Earnings Track Record, Archer-Daniels-Midland Company (ADM) managed to surpass quarterly earnings per share estimates in 6 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 50%. Last time the company reported, Archer-Daniels-Midland Company (ADM) generated $0.59 in earnings per share, beating the consensus estimate of $0.46. Revenues hit $15.83B in the September 2017 quarter, which was below the consensus $16.21B projection. On the other hand, in the June 2017 quarter the company recorded a net $15.63B revenue with earnings per share of $0.41. Wall Street had anticipated $16.97B and $0.45, respectively. For comparison, there was a revenue of $14.38B and EPS of $0.42 in the March 2016 period.
Archer-Daniels-Midland Company (NYSE:ADM) Analyst Insights
The buoyancy in the outlook of Archer-Daniels-Midland Company (ADM) is getting weaker by the somewhat negative sentiment (2.70 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Hold. Piper Jaffray has been covering shares of ADM, so it is most recent view is worth a look. In a research note issued on Jan 06, 2017, analysts at downgraded the stock to Market Perform from Outperform. Another noteworthy analyst activity was recorded on Nov 11, 2016. Downgraded the stock to Underweight from Neutral.