Andersons Inc (NASDAQ: ANDE) is -29.75% lower on its value in year-to-date trading and has touched a low of $39.25 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 $40.13 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $40.42, the stock is -9.79% and -12.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 0.72% at the moment leaves the stock -19.69% off its SMA200. ANDE registered -28.37% loss for a year compared to 6-month loss of -18.72%. The firm has a 50-day simple moving average (SMA 50) of $46.4842 and a 200-day simple moving average (SMA200) of $50.39775.
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The stock witnessed a -16.16% gain in the last 1 month and extending the period to 3 months gives it a -17.19%, and is -5.85% down 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 3.84% over the week and 2.99% over the month.
Andersons Inc (ANDE) has around 2334 employees, a market worth around $1.39B and $11.35B in sales. Current P/E ratio is 11.56 and Fwd P/E is 10.92. Profit margin for the company is 1.06%. Distance from 52-week low is 2.98% and -34.23% from its 52-week high. The company has generated returns on investments over the last 12 months (6.42%).
with sales reaching $2.73B over the same period.The EPS is expected to grow by 0.51% this year, but quarterly earnings will post -26.38% year-over-year. Quarterly sales are estimated to shrink -15.18% in year-over-year returns.
Andersons Inc (ANDE) Top Institutional Holders
339.0 institutions hold shares in Andersons Inc (ANDE), with institutional investors hold 98.22% of the company’s shares. The shares outstanding are 34.08M, and float is at 32.33M with Short Float at 3.28%. 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 McNeely Joseph E, the company’s Group President – ANI. SEC filings show that McNeely Joseph E sold 2,382 shares of the company’s common stock on Nov 27 ’24 at a price of $47.73 per share for a total of $0.11 million. Following the sale, the insider now owns 49601.0 shares.
Andersons Inc disclosed in a document filed with the SEC on Apr 23 ’24 that Bowe Patrick E. (President & CEO) sold a total of 5,419 shares of the company’s common stock. The trade occurred on Apr 23 ’24 and was made at $60.56 per share for $0.33 million. Following the transaction, the insider now directly holds 79740.0 shares of the ANDE stock.
Still, SEC filings show that on Apr 22 ’24, Bowe Patrick E. (President & CEO) disposed off 3,387 shares at an average price of $60.01 for $0.2 million. The insider now directly holds 85,159 shares of Andersons Inc (ANDE).
