Andersons (NASDAQ:ANDE – Get Free Report) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.
Andersons Stock Up 0.2 %
NASDAQ ANDE opened at $46.58 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.44 and a current ratio of 2.07. The company has a market capitalization of $1.59 billion, a P/E ratio of 13.16 and a beta of 0.57. Andersons has a one year low of $44.65 and a one year high of $61.46. The stock has a 50 day moving average price of $48.87 and a 200-day moving average price of $50.82.
Andersons (NASDAQ:ANDE – Get Free Report) last posted its earnings results on Tuesday, August 6th. The basic materials company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.04). The firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $3.20 billion. Andersons had a net margin of 0.83% and a return on equity of 6.99%. The firm’s revenue was down 30.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.52 earnings per share.
Institutional Trading of Andersons
Andersons Company Profile
The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company’s Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil.
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