Archer Daniels Midland (ADM) closed at $86.55, up 2.43% from the prior day, outperforming the S&P 500's 0.48% loss, the Dow's 0.77% decline, and the Nasdaq's 0.64% drop. The stock has climbed 5.02% over the past month, beating the Consumer Staples sector's 1.36% loss and the S&P 500's 0.97% loss. For its upcoming earnings report, analysts forecast EPS of $1.53, a 66.3% increase year-over-year, and revenue of $21.85 billion, up 7.24%. For the full year, estimates project earnings of $5.22 per share and revenue of $85.55 billion, representing shifts of +52.19% and +6.58%, respectively. ADM holds a Zacks Rank of #1 (Strong Buy), and its Forward P/E of 16.18 is above the industry average of 13.34, while its PEG ratio of 2.7 compares to the industry's 2.64.
Archer-Daniels-Midland CompanyStock rose 2.43% despite market slip, with strong earnings forecasts and Zacks Strong Buy rating.