Andersons Inc. (NASDAQ: ANDE) is -11.42% lower on its value in year-to-date trading and has touched a low of $45.07 and a high of $61.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANDE stock was last observed hovering at around $50.43 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $50.97, the stock is 4.28% and 2.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 1.07% at the moment leaves the stock -3.39% off its SMA200. ANDE registered -1.77% loss for a year compared to 6-month loss of -8.10%.
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The stock witnessed a -4.23% gain in the last 1 month and extending the period to 3 months gives it a -2.62%, and is 2.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.82% over the week and 2.74% over the month.
Andersons Inc. (ANDE) has around 2334 employees, a market worth around $1.74B and $12.36B in sales. Current P/E ratio is 17.08 and Fwd P/E is 14.20. Profit margin for the company is 0.83%. Distance from 52-week low is 13.09% and -17.07% from its 52-week high. The company has generated returns on investments over the last 12 months (5.51%).
The EPS is expected to grow by 2.38% this year.
Andersons Inc. (ANDE) Top Institutional Holders
346.0 institutions hold shares in Andersons Inc. (ANDE), with institutional investors hold 98.23% of the company’s shares. The shares outstanding are 33.79M, and float is at 32.27M with Short Float at 2.70%. Institutions hold 93.26% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.27 million shares valued at $261.43 million. The investor’s holdings represent 15.5332% of the ANDE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.98 million shares valued at $$197.49 million to account for 11.7341 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 3.74 million shares representing 11.0153% and valued at over $185.39 million, while DIMENSIONAL FUND ADVISORS LP holds 8.2134 of the shares totaling 2.79 million with a market value of $138.24 million.
Andersons Inc. (ANDE) Insider Activity
The most recent transaction is an insider sale by Bowe Patrick E.,the company’sPresident & CEO. SEC filings show that Bowe Patrick E. sold 5,419 shares of the company’s common stock on Apr 23 ’24 at a price of $60.56 per share for a total of $0.33 million. Following the sale, the insider now owns 79740.0 shares.
Andersons Inc. disclosed in a document filed with the SEC on Apr 22 ’24 that Bowe Patrick E. (President & CEO) sold a total of 3,387 shares of the company’s common stock. The trade occurred on Apr 22 ’24 and was made at $60.01 per share for $0.2 million. Following the transaction, the insider now directly holds 85159.0 shares of the ANDE stock.
Still, SEC filings show that on Apr 22 ’24, ANDERSON MICHAEL J (Director) disposed off 3,000 shares at an average price of $59.00 for $0.18 million. The insider now directly holds 209,968 shares of Andersons Inc. (ANDE).
