M&A News: Canada Greenlights Crop Trader Bunge (NYSE:BG) and Viterra Merger
TipRanks (Wed, 15-Jan 7:09 AM ET)
Archer-Daniels-Midland slips after Bank of America turns bearish
Seeking Alpha News (Tue, 14-Jan 7:52 AM ET)
ADM Board of Directors Extend Share Repurchase Program
Business Wire (Wed, 11-Dec 11:36 AM ET)
Business Wire (Fri, 6-Dec 2:33 PM ET)
PRNewswire (Fri, 22-Nov 8:44 PM ET)
ADM Reports Third Quarter 2024 Results
Business Wire (Mon, 18-Nov 4:30 PM ET)
Business Wire (Mon, 11-Nov 6:44 PM ET)
Business Wire (Fri, 8-Nov 9:15 AM ET)
ADM Board of Directors elects new member AT&T General Counsel David McAtee
Business Wire (Wed, 6-Nov 4:31 PM ET)
ADM Reports Preliminary Third Quarter 2024 Results
Business Wire (Mon, 4-Nov 8:00 PM ET)
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.
Archer-Daniels Midland trades on the NYSE stock market under the symbol ADM.
As of January 15, 2025, ADM stock price climbed to $51.25 with 461,823 million shares trading.
ADM has a beta of 0.04, meaning it tends to be less sensitive to market movements. ADM has a correlation of 0.00 to the broad based SPY ETF.
ADM has a market cap of $24.50 billion. This is considered a Large Cap stock.
Last quarter Archer-Daniels Midland reported $20 billion in Revenue and $1.09 earnings per share. This fell short of revenue expectation by $-3 billion and missed earnings estimates by -$.35.
In the last 3 years, ADM traded as high as $98.88 and as low as $48.40.
The top ETF exchange traded funds that ADM belongs to (by Net Assets): VTI, VOO, VO, COWZ, SDY.
ADM has underperformed the market in the last year with a return of -23.4%, while the SPY ETF gained +25.3%. In the last 3 month period, ADM fell short of the market, returning -10.6%, while SPY returned +1.4%. However, in the most recent 2 weeks ADM has outperformed the stock market by returning +1.4%, while SPY returned +0.7%.
ADM support price is $50.41 and resistance is $51.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADM shares will trade within this expected range on the day.