Andersons Inc (NASDAQ: ANDE) is 4.17% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ANDE stock was last observed hovering at around $41.64 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $42.21, the stock is 0.85% and -6.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing 1.37% at the moment leaves the stock -15.07% off its SMA200. ANDE registered -23.48% loss for a year compared to 6-month loss of -9.38%. The firm has a 50-day simple moving average (SMA 50) of $45.0578 and a 200-day simple moving average (SMA200) of $49.6988.
The stock witnessed a -7.33% gain in the last 1 month and extending the period to 3 months gives it a -14.62%, and is 4.17% 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 3.22% over the week and 3.07% over the month.
Andersons Inc (ANDE) has around 2334 employees, a market worth around $1.44B and $11.35B in sales. Current P/E ratio is 12.07 and Fwd P/E is 11.41. Profit margin for the company is 1.06%. Distance from 52-week low is 7.54% and -31.32% from its 52-week high. The company has generated returns on investments over the last 12 months (6.42%).
The EPS is expected to grow by 0.51% this year
337.0 institutions hold shares in Andersons Inc (ANDE), with institutional investors hold 97.26% 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 92.34% 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).
