42.69 -0.32 (-0.74%)
After hours: 7:08PM EDT
|Bid||42.68 x 1300|
|Ask||43.70 x 800|
|Day's Range||42.56 - 43.39|
|52 Week Range||39.16 - 52.07|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||13.48|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||1.40 (3.30%)|
|1y Target Est||51.50|
In the latest trading session, Archer Daniels Midland (ADM) closed at $43.01, marking a +1.25% move from the previous day.
Trade war stocks have varied across industries. As the China-U.S. trade war intensified, the attention fell on four sectors: semiconductors, autos, aerospace, and grains. Stocks such as Micron (NASDAQ:MU), Ford (NYSE:F), Boeing (NYSE:BA), and Archer-Daniels-Midland (NYSE:ADM) suffered as China had become a significant source of revenue.However, trade wars often lead to higher prices and job cuts as the price of goods increases. This means virtually all Americans will feel the effects of import duties even if they do not own trade war stocks themselves. * Top 7 Service Sector Stocks That Will Pay You to Own Them Hence, the focus on specific sectors tends to leave out lesser-known companies which could potentially become the best stocks to buy. These four under-the-radar trade-war stocks stand as examples:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dollar Tree (DLTR)Source: Shutterstock Wall Street tends to ignore equities such as Dollar Tree (NASDAQ:DLTR) when talking about trade war stocks. Most of the focus within retail tends to settle on Walmart (NYSE:WMT) and other large retailers, especially when they develop a reputation for relying on imported goods.But here's the thing.Walmart can raise prices if it must. Dollar Tree commits itself to sell its products at $1 price point or less. This makes it more difficult to find items that people want to buy and which can sell profitably for $1. It also means that some popular items could become unavailable (instead of merely more expensive) as the cost of goods sold rises.This has become even more critical to DLTR as they shutter stores in the Family Dollar division which sell products for more than $1. Dollar Tree management explicitly cited tariffs as a reason for these closures. USA Today reported that Dollar Tree imports about 42% of its goods, while Family Dollar brings in around 23% of its goods from overseas.Moreover, Dollar Tree sustained losses over the last year that its closest peer Dollar General (NYSE:DG) did not. Still, DLTR stock trades at about 16.5 times forward earnings. DG stock has a forward P/E ratio of about 17.8.For now, Wall Street forecasts a 31.7% predicted profit increase for DG vs. -0.2% for DLTR stock. However, an end to the trade war should bring higher-quality goods -- and higher profits- to Dollar Tree. For next year, analysts expect an earnings increase of 13.8% for DLTR, slightly exceeding that of Dollar General. This along with plans to revitalize Family Dollar should bring bargain hunters back to DLTR stock. Cheniere (LNG)Source: Roy Luck via Flickr (Modified)The industry which Cheniere (NYSEAMERICAN:LNG) pioneered ensures its rapid growth. Thanks to the Cheniere's export terminals, exporters can now transport liquefied natural gas (LNG) across oceans, something that was not possible in previous decades.The U.S. produces more natural gas than any other country. Also, natural gas sells for around $2.90 per 1000 BTUs in the U.S. compared with about $5.60 per 1000 BTUs in China. Although it fetches more in Europe and Japan, China's 1.386 billion population still makes it an important market.Cheniere already operates a terminal in Sabine Pass, Louisiana. Recently, the government also gave approval to Cheniere to begin operations at its Corpus Christi, Texas terminal. With two-thirds of the country's available export capacity, Cheniere will dominate this industry for the foreseeable future.This dominance will bolster profits of LNG stock. Wall Street forecasts 32.1% increases in profit this year and 27.9% the next. Given that growth potential, the forward P/E of 20.7 appears reasonable. * 5 Chip Stocks on the Rise Admittedly, the potential business from Europe and Japan alone almost ensures the success of LNG stock. However, if it can also fuel the growth of the emerging Asian markets, particularly China, that could make LNG one of the more critical trade war stocks. Las Vegas Sands (LVS)Source: Shutterstock Despite the company's name, Las Vegas Sands (NYSE:LVS) joins the list of trade war stocks by virtue of its holdings. Six of the 12 properties owned by the company are located in the Chinese gambling mecca of Macau. This compares to only four properties in its hometown of Las Vegas. With a casino in Singapore and attempts to move into the Japanese market, LVS sees Asia as its future.Furthermore, Macau's casinos may have more of a perception problem than an actual slowdown. Gambling revenue did not stop increasing in 2018, but a slowdown in growth did occur after the trade war began. Nonetheless, LVS stock declined by more than 25% as the tariffs and a generalized decline in Chinese equities weighed on the stock. Profits for the company fell by 1.8%. The declining health of its founder and current chairman Sheldon Adelson has also brought added uncertainty to LVS.However, analysts see improvement as they expect profits to rebound to a predicted 8% increase this year. Moreover, the declines have taken its forward P/E ratio to 17.1, slightly below company averages.The lower price has also boosted the dividend yield for new buyers. Current shareholders will receive $3.08 per share in dividends this year. This brings the yield to about 5.1%. Furthermore, since the dividend has increased for six straight years, annual increases will more than likely continue. Given a China gambling market that remains robust amid tariffs, an end to a trade war should bring more gamblers and ultimately, more winnings to holders of LVS stock. VanEck Vectors Steel ETF (SLX)Source: Shutterstock Admittedly, VanEck Vectors Steel ETF (NYSEARCA:SLX) sounds like a strange choice. After all, the Trump Administration imposed tariffs on Chinese goods in large part because China had dumped cheap steel on the market. This hurt U.S. Steel (NYSE:X) and Nucor (NYSE:NUE). However, in the year since the tariffs took effect, both U.S. Steel and Nucor have hired workers and restarted steel mills.Despite these signs of improvement, the dirty secret about the steel tariffs is that industries which use steel contribute more to the economy than steel producers. Hence, the industry can sell more steel if companies such as Ford build more cars. Investors should look more closely at the behavior of these actual stocks. SLX stock dropped over the last 12 months. However, even more shockingly, X stock and NUE stock, which logically should have increased due to the tariffs, also dropped in value. The ETF holds both X and NUE stock, though Rio Tinto (NYSE:RIO) and Vale (NYSE:VALE) remain the fund's largest holdings.The one trade-war-related benefit derives for SLX comes from dividends. In 2017, before the trade war began, SLX stock paid almost $1.12 per share in dividends. Payout levels in 2018 rose to just over $2.18 per share. A trade agreement could send that falling back. * 7 Financial Stocks to Invest In Today However, what shareholders may lose in lower dividends they should earn back in gains. Since tariffs began, SLX has fallen by more than $13.50 per share, a loss of about 26% of its value. An agreement will likely reverse the drop in SLX's core holdings, and by extension, in SLX stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 4 Unexpected Trade War Stocks That Will Benefit From an End to Tariffs appeared first on InvestorPlace.
Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. Aluminum futures on the London Metal Exchange rose in line with other metals.
Archer Daniels (ADM) to buy Europe-based Ziegler Group to bolster its natural citrus flavor portfolio. This follows the recent buyout of Florida Chemical based in the United States.
Archer Daniels Midland Company (ADM) announced today that it has reached an agreement to acquire the Ziegler Group, a leading European provider of natural citrus flavor ingredients. The agreement comes shortly after ADM completed its addition of U.S.-based citrus flavor provider Florida Chemical. “Ziegler is highly respected as a cutting-edge leader in citrus, and we’re excited to welcome their outstanding leadership and talent to ADM,” said Vince Macciocchi, president of ADM’s Nutrition business.
Archer Daniels Midland (ADM) closed the most recent trading day at $43.27, moving +0.84% from the previous trading session.
FT subscribers can click here to receive Market Forces every day by email. Europe’s embattled banking sector has plenty of problems and many pin the blame on the interest rate policy of the European Central Bank. Negative eurozone interest rates and the ECB’s regulatory demands were today identified as the culprits for banking woes in a research note by none other than Deutsche Bank.
Archer Daniels Midland Co NYSE:ADMView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for ADM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ADM. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ADM had net inflows of $4.27 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. ADM credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The world's big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country's grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday. Archer Daniels Midland Co (ADM), Bunge Ltd, Cargill Inc, Louis Dreyfus Co (LDC) and Amaggi have commissioned a study on operating a 968-kilometer stretch of the BR-163 highway for 10 years, according to infrastructure and logistics business development firm EDLP. Cargill referred questions to EDLP.
By Val Srinivas, Robert Lamm, and Tiffany Ramsay of The Deloitte Center for Financial Services and The Deloitte Center for Board Effectiveness. Digital transformation is high on the agenda for financial institutions’ boards of directors. However, what we have found in recent interviews with board members and corporate secretaries is that boards rarely, if ever, […]
NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Archer Daniels (ADM) has acquired Florida Chemical's Consumer and Industrial Chemistry Technologies segment for $175 million in cash.
Susan Eichen, Partner, Mercer’s Executive Law & Regulatory Group With more scrutiny on a wide range of compensation practices, companies are under pressure to develop a fine-tuned approach going into proxy season. Mercer Partner Susan Eichen, who recently published a list of six tips to tackle such issues, spoke to CorpGov about a range […]
The Dividend Aristocrats are among the best dividend growth stocks in the entire stock market. As a result, investors should think of the Dividend Aristocrats as the "cream of the crop" in the dividend stock universe. Buying the Dividend Aristocrats when they are undervalued can be a recipe for great long-term returns.
HOUSTON, March 1, 2019 /PRNewswire/ -- Flotek Industries, Inc. (FTK) ("Flotek" or the "Company") today announced the completion of the sale of Florida Chemical Company, LLC ("FCC" or "Florida Chemical"), its Consumer and Industrial Chemistry Technologies segment, to Archer Daniels Midland Company (ADM) ("ADM"). Under the previously disclosed terms of the transaction, ADM purchased FCC for $175 million in cash, subject to post-closing working capital and other adjustments. Additionally, Flotek and ADM have entered into long-term reciprocal supply agreements.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why itRead More...
U.S. President Donald Trump's trade war with China has roiled agricultural markets and given the world's top grain merchants the one thing they have long claimed was essential to turn a trading profit: volatility. If anyone should have been a winner in the Trump administration's sweeping trade war, it should have been the ABCDs, said industry analysts.
Kinder Morgan Inc will expand barge-loading capacity at its ethanol terminal in Chicago to help relieve a supply glut there that is driving down global prices for the biofuel, three people briefed on the company's plans told Reuters. Tens of thousands of barrels of ethanol change hands at the Kinder Morgan Argo terminal daily, and prices there are used as the benchmark for deals across the country, and are also baked into international contracts.
Kinder Morgan Inc will expand loading capacity at its ethanol terminal in Chicago to address producer concerns that trade at the terminal - a benchmark for global ethanol prices - is vulnerable to manipulation, three people briefed on the company's plans told Reuters. Tens of thousands of barrels change hand at the hub every day, but many more barrels across the country depend on the price. Ethanol trade in the cash market at the Kinder Morgan Argo hub is used in contracts for the biofuel across the country, and is also baked into international contracts.
Archer-Daniels Midland Co is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The dividend yield of Archer-Daniels Midland Co stocks is 3.23%. Warning! GuruFocus has detected 2 Warning Sign with ADM.
How George Soros Played the Market in Q4Soros fund management holdingsOn February 14, George Soros reported his fourth-quarter portfolio holdings. His fund’s portfolio value declined 28% to $3.3 billion at the end of the fourth quarter. George