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The Andersons (ANDE) Gains But Lags Market: What You Should Know

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In the latest trading session, The Andersons (ANDE) closed at $35.20, marking a +0.8% move from the previous day. This move lagged the S&P 500's daily gain of 1.21%. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq added 0.16%.

Coming into today, shares of the agriculture company had gained 6.43% in the past month. In that same time, the Basic Materials sector lost 7.3%, while the S&P 500 gained 3.2%.

The Andersons will be looking to display strength as it nears its next earnings release, which is expected to be August 2, 2022. In that report, analysts expect The Andersons to post earnings of $1.10 per share. This would mark a year-over-year decline of 16.03%. Our most recent consensus estimate is calling for quarterly revenue of $4.12 billion, up 25.73% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $2.55 per share and revenue of $15.22 billion, which would represent changes of -13.27% and +19.94%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for The Andersons. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. The Andersons is currently a Zacks Rank #5 (Strong Sell).

In terms of valuation, The Andersons is currently trading at a Forward P/E ratio of 13.69. This represents a premium compared to its industry's average Forward P/E of 12.27.

The Agriculture - Products industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 166, putting it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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