Andersons (NASDAQ:ANDE) Receives Daily News Sentiment Rating of 0.11
Press coverage about Andersons (NASDAQ:ANDE) has trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Andersons earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 47.9241992104848 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- Economist speaks at Portage SWCD banquet (farmanddairy.com)
- Free prostate cancer screening at Andersons (meridianstar.com)
- Andersons (ANDE) Presents At 31st Annual Credit Suisse Basic Materials Conference – Slideshow (seekingalpha.com)
- ZeeWI: Roman’s Cowardice May be Part of the Plan (411mania.com)
- Where are the Andersons? Search for missing family of 4 continues (bc.ctvnews.ca)
Shares of NASDAQ ANDE traded up $0.25 during midday trading on Friday, reaching $39.15. The company’s stock had a trading volume of 131,129 shares, compared to its average volume of 112,352. The company has a current ratio of 1.34, a quick ratio of 0.58 and a debt-to-equity ratio of 0.51. Andersons has a fifty-two week low of $29.60 and a fifty-two week high of $41.70. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 27.66 and a beta of 1.35.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 22nd. Shareholders of record on Monday, October 1st will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, September 28th. This represents a $0.66 annualized dividend and a yield of 1.69%. Andersons’s dividend payout ratio is currently 57.39%.
A number of brokerages have recently issued reports on ANDE. Buckingham Research boosted their price objective on Andersons from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, August 9th. BMO Capital Markets boosted their price objective on Andersons from $36.00 to $40.00 and gave the stock a “market perform” rating in a report on Thursday, August 9th. TheStreet upgraded Andersons from a “c” rating to a “b” rating in a report on Friday, August 10th. Stephens upgraded shares of Andersons from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $35.50 to $44.00 in a research report on Wednesday, August 8th. Finally, BidaskClub upgraded shares of Andersons from a “hold” rating to a “buy” rating in a research report on Monday, June 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $41.33.
In other Andersons news, insider Corbett J. Jorgenson sold 1,300 shares of the business’s stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of $37.90, for a total transaction of $49,270.00. Following the completion of the transaction, the insider now directly owns 18,399 shares in the company, valued at $697,322.10. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.50% of the stock is owned by insiders.
Andersons Company Profile
The Andersons, Inc, an agriculture company, operates in the grain, ethanol, plant nutrient, and rail sectors in the United States and internationally. The company's Grain segment operates grain elevators; stores grains; and provides grain marketing, risk management, and corn origination services to its customers and affiliated ethanol facilities.
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