Key Points
- Insider sale: Director John Stout, Jr. sold 5,000 shares on December 15 at an average price of $55 for a $275,000 transaction, reducing his stake by 16.16% to 25,941 shares; the sale was disclosed in an SEC filing.
- Recent results show Andersons posted quarterly EPS of $0.84 (beating the $0.46 estimate) but revenue of $2.68 billion missed expectations; the stock trades near $54.43 with a market cap of about $1.84 billion and a 52‑week range of $31.03–$56.47.
- The company declared a $0.20 quarterly dividend (annualized $0.80, ~1.5% yield), and analysts are generally positive — BMO upgraded the stock to outperform and raised its price target to $65, while the consensus target is $58.33.
The Andersons, Inc. (NASDAQ:ANDE - Get Free Report) Director John Stout, Jr. sold 5,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $55.00, for a total transaction of $275,000.00. Following the completion of the sale, the director directly owned 25,941 shares of the company's stock, valued at approximately $1,426,755. This trade represents a 16.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Andersons Price Performance
ANDE traded down $0.74 on Thursday, hitting $54.43. 5,486 shares of the company's stock traded hands, compared to its average volume of 338,135. The Andersons, Inc. has a one year low of $31.03 and a one year high of $56.47. The company has a current ratio of 1.47, a quick ratio of 0.80 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 25.43 and a beta of 0.79. The company's 50 day simple moving average is $49.00 and its 200-day simple moving average is $41.95.
Andersons (NASDAQ:ANDE - Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The basic materials company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.38. The firm had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.85 billion. Andersons had a net margin of 0.63% and a return on equity of 5.83%. The company's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 earnings per share. As a group, research analysts anticipate that The Andersons, Inc. will post 3.11 EPS for the current year.
Andersons Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 2nd will be issued a dividend of $0.20 per share. This is a boost from Andersons's previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $0.80 annualized dividend and a dividend yield of 1.5%. Andersons's payout ratio is currently 36.45%.
Institutional Investors Weigh In On Andersons
Several large investors have recently added to or reduced their stakes in the stock. Amalgamated Bank lifted its position in Andersons by 3.9% during the 3rd quarter. Amalgamated Bank now owns 9,524 shares of the basic materials company's stock worth $379,000 after acquiring an additional 356 shares during the period. SummerHaven Investment Management LLC raised its stake in shares of Andersons by 2.2% in the second quarter. SummerHaven Investment Management LLC now owns 16,967 shares of the basic materials company's stock worth $624,000 after purchasing an additional 371 shares during the last quarter. Summit Place Financial Advisors LLC boosted its position in Andersons by 1.7% in the third quarter. Summit Place Financial Advisors LLC now owns 23,032 shares of the basic materials company's stock valued at $917,000 after buying an additional 390 shares during the last quarter. Croban increased its holdings in Andersons by 1.6% in the 2nd quarter. Croban now owns 25,026 shares of the basic materials company's stock worth $920,000 after buying an additional 402 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its position in Andersons by 7.3% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 7,281 shares of the basic materials company's stock worth $290,000 after buying an additional 493 shares during the last quarter. 87.06% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. BMO Capital Markets raised Andersons from a "market perform" rating to an "outperform" rating and increased their price target for the company from $50.00 to $65.00 in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Andersons in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Andersons presently has an average rating of "Moderate Buy" and a consensus price target of $58.33.
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Andersons Company Profile
(
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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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