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Stock impact report

Archer-Daniels-Midland: Policy Wins Don't Fix This Dividend King's Valuation [Seeking Alpha]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Company Research Source: Seeking Alpha
ADM's adjusted FCF of ~$1.44 billion is underwhelming versus its $32.35 billion market cap given the industry they play in, with dividend growth outpacing fundamentals before and now slowing down. Cost savings of $500–$750 million over 3–5 years and diversification efforts are positive, but investment levels remain insufficient to support better returns. Intrinsic value is estimated below the current level, making the risk-reward unattractive at present prices. fcafotodigital/iStock via Getty Images Introduction The last time I covered Archer-Daniels-Midland ADM ), I reiterated their Hold rating, highlighting how the investment came with “Too Much Policy Risk For A Low-Margin Dividend King.” Despite some improvements regarding trade and biofuel This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this a Show less Read more
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