ANDE - The Andersons, Inc.
| Previous Close | 27.33 |
| Open | 27.39 |
| Bid | 0.00 x 1300 |
| Ask | 0.00 x 900 |
| Day's Range | 26.73 - 27.40 |
| 52 Week Range | 21.86 - 39.00 |
| Volume | 189,851 |
| Avg. Volume | 183,854 |
| Market Cap | 874.984M |
| Beta (3Y Monthly) | 1.20 |
| PE Ratio (TTM) | 22.02 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.68 (2.49%) |
| Ex-Dividend Date | 2019-09-30 |
| 1y Target Est | N/A |
- Simply Wall St.
Why The Andersons, Inc. (NASDAQ:ANDE) Is An Attractive Investment To Consider
As an investor, I look for investments which do not compromise one fundamental factor for another. By this I mean, I...
- Bloomberg
Big Oil vs Farm Majors: Ethanol Tussle Is Heading to Asia
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. One of the booths at Asia’s biggest oil shindig this week was occupied by the American agricultural industry.Pummeled by the trade war with China, U.S. farm companies are scouring the world for additional sources of demand. That means for instance that crop handler The Andersons Inc. has now decided to compete with the likes of Royal Dutch Shell Plc and BP Plc for a slice of the global fuel market.“We’re moving away from ethanol being seen as an agricultural product and moving toward it being an energy product and gasoline component,” James Pirolli, president of the company’s ethanol business, said in an interview at the Asia Pacific Petroleum Conference. The company is seeking to boost sales to Southeast Asian countries such as Indonesia and Vietnam, which both rely on overseas fuel supplies, he said in Singapore.The S&P Global Platts conference featured the U.S. Grains Council as its first agricultural sponsor this year, and Pirolli delivered a speech promoting the benefits of U.S. ethanol. The corn-based biofuel averages about $200 a ton cheaper than aromatics, its competitor for blending into gasoline, based on delivery in Southeast Asia, Pirolli said in the interview.Margins at U.S. ethanol plants have taken a beating as President Donald Trump’s trade war locked out sales to China, worsening a domestic glut. More producers will have to shut down if trade talks remain deadlocked, and sales to other parts of the world fail to pick up, Pirolli said.‘Easily Double’The U.S. now exports about 10% of its ethanol output, or about 1.6 billion gallons a year (roughly 100,000 barrels a day), mostly to countries in the Americas such as Brazil and Canada, said Pirolli. Supplies to Southeast Asia are around 200 to 300 million gallons a year, according to Tim Tierney, the U.S. Grains Council’s regional head for ethanol marketing in North Asia.Sales to Asia including India could “easily double” to more than 1.2 billion gallons a year if the U.S. and China reach an agreement, Pirolli said. Demand in Asia will increase as countries introduce measures to boost renewable energy consumption, even as compliance needs to be improved and trade barriers lowered or removed, he said.Andersons, which recently acquired grain trader Lansing Trade Group, is optimistic U.S. ethanol demand will increase in the next five to seven years as a result of the adoption of E15 gasoline containing 15% ethanol. There’s maybe only 2% of U.S. convenience stores and gas stations offering E15 right now, and the industry needs long-term investment to increase that, Pirolli said.The company’s joint venture with ICM Inc., which is a generation 1.5 ethanol plant and able to convert corn starch, kernel and cellulose, is expected to increase yields and benefit from its lower carbon intensity, even as costs now are “way more expensive” than the traditional process, Pirolli added.(Adds comments on cellulosic ethanol plant in 9th paragraph)To contact the reporter on this story: Alfred Cang in Singapore at acang@bloomberg.netTo contact the editors responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net, James PooleFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Investors Who Bought Andersons (NASDAQ:ANDE) Shares Five Years Ago Are Now Down 67%
Generally speaking long term investing is the way to go. But no-one is immune from buying too high. Zooming in on an...
- GuruFocus.com
4 Loyal Payers Announce Quarterly Dividends
Andersons Inc. tops the list Continue reading...
- Bloomberg
Soybeans Sink as China Hikes Tariffs on American Farm Products
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The news just turned gloomier for U.S. farmers.China announced on Friday that it will impose additional tariffs on $75 billion of U.S. goods in retaliation for President Donald Trump’s latest planned levies on Chinese imports. The measures include an added 5% tariff on soybeans and 10% on American pork as of Sept. 1. Corn and cotton products were also on the list.November soybean futures in Chicago erased early gains and closed down 1.4%, extending losses after Trump said he’ll announce a response to the latest Chinese tariffs Friday afternoon. Cotton and hog futures both slumped, as did shares in crop handler Andersons Inc. and tractor maker Deere & Co.Corn also declined, although with China no longer a big player in U.S. corn, traders are more focused on Midwest crop development than the trade war.“This escalation will affect us not because of the increasing tariff on our sales, which have been at a virtual standstill for months, but through time,” Davie Stephens, president of the American Soybean Association, said in an emailed statement. “The longevity of this situation means worsening circumstances for soy growers who still have unsold product from this past season and new crops in the ground this season.”China, the world’s top soy importer, has already had a 25% tariff on the U.S. crop and has curbed purchases of American farm products for months as trade tensions simmer between the nations.“As far as supply and demand, it means nothing because buyers weren’t buying anyways,” said Arlan Suderman, chief commodities economist at INTL FCStone. “It’s more about making headlines than it is actually changing the amount of soybeans that flow between the U.S. and China.”Tensions have been increasing in the American farm community in recent weeks. Farmers leveled criticism at Agriculture Secretary Sonny Perdue at a fair in Minnesota earlier this month over Trump’s yearlong trade war with China, which has eroded demand for agricultural products and pressured already low prices. Top Trump administration officials also met this week to consider options for quelling a backlash in the Midwest over recent biofuel policy moves.The spat between the U.S. and China has spurred added demand for South American soybeans. Export prices at Brazil’s Paranagua port are widening versus U.S. Gulf supply, Commodity3 data show.U.S. farmers will begin harvesting this year’s soybean crops starting in September. Stockpiles were expected to balloon to an all-time high in the season that ends this month as American export demand dims.The trade-war escalations are going to keep some U.S. supplies out of export markets, said Ken Eriksen, senior vice president at Agribusiness Intelligence IHS Markit.“The seesaw, back-and-forth action of the last few weeks, this is just more damaging to seeing soybean exports, pork exports and beef exports to continue going to China,” he said.\--With assistance from Michael Hirtzer.To contact the reporters on this story: Megan Durisin in London at mdurisin1@bloomberg.net;Ashley Robinson in Winnipeg (Non BLP Loc) at arobinson193@bloomberg.netTo contact the editors responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net, James Attwood, Steven FrankFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Does It Make Sense To Buy The Andersons, Inc. (NASDAQ:ANDE) For Its Yield?
Is The Andersons, Inc. (NASDAQ:ANDE) a good dividend stock? How can we tell? Dividend paying companies with growing...
- Thomson Reuters StreetEvents
Edited Transcript of ANDE earnings conference call or presentation 7-Aug-19 3:00pm GMT
Q2 2019 Andersons Inc Earnings Call
Motley FoolAndersons Inc (ANDE) Q2 2019 Earnings Call Transcript
ANDE earnings call for the period ending June 30, 2019.
- Simply Wall St.
Should We Worry About The Andersons, Inc.'s (NASDAQ:ANDE) P/E Ratio?
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
- Simply Wall St.
Do Directors Own The Andersons, Inc. (NASDAQ:ANDE) Shares?
If you want to know who really controls The Andersons, Inc. (NASDAQ:ANDE), then you'll have to look at the makeup of...
- Simply Wall St.
Is There Now An Opportunity In The Andersons, Inc. (NASDAQ:ANDE)?
The Andersons, Inc. (NASDAQ:ANDE), which is in the consumer retailing business, and is based in United States...
- Simply Wall St.
Is The Andersons, Inc. (NASDAQ:ANDE) Potentially Undervalued?
The Andersons, Inc. (NASDAQ:ANDE), which is in the consumer retailing business, and is based in United States, saw...
- Markit
See what the IHS Markit Score report has to say about Andersons Inc.
Andersons Inc NASDAQ/NGS:ANDEView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for ANDE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ANDE had net inflows of $1.46 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 | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.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.
- Simply Wall St.
Should You Worry About The Andersons, Inc.'s (NASDAQ:ANDE) CEO Salary Level?
Pat Bowe became the CEO of The Andersons, Inc. (NASDAQ:ANDE) in 2015. This analysis aims first to contrast CEO...
- Thomson Reuters StreetEvents
Edited Transcript of ANDE earnings conference call or presentation 7-May-19 3:00pm GMT
Q1 2019 Andersons Inc Earnings Call
- Simply Wall St.
Why We’re Not Impressed By The Andersons, Inc.’s (NASDAQ:ANDE) 2.2% ROCE
Today we are going to look at The Andersons, Inc. (NASDAQ:ANDE) to see whether it might be an attractive investment...
- American City Business Journals
St. Louis agtech startup closes $6M financing round
Agtech startup NanoGuard Technologies plans to accelerate its commercialization efforts after closing a Series A financing round led by a local investor.
Motley FoolAndersons Inc (ANDE) Q1 2019 Earnings Call Transcript
ANDE earnings call for the period ending March 31, 2019.
- Associated Press
Andersons: 1Q Earnings Snapshot
The Maumee, Ohio-based company said it had a loss of 43 cents per share. Losses, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 16 cents per share. The agriculture ...
- Insider Monkey
Here’s What Hedge Funds Think About The Andersons, Inc. (ANDE)
The market has been volatile in the fourth quarter as the Federal Reserve continued its rate hikes to normalize the interest rates. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by nearly 7 percentage points. SEC filings and hedge […]
