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How Does ADM Compare to Its Peers on Key Moving Averages?

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May. 25 2016, Updated 1:04 a.m. ET

Moving averages

Archer Daniels Midland (ADM) stock closed at $38.20 on May 6. It’s trading 7% above its 100-day moving average, 2.5% above its 50-day moving average, and 0.8% below its 20-day moving average. So far, the stock rose 4% in 2016. Archer Daniels Midland’s peers in the industry include Bunge (BG), Ingredion (INGR), and B&G Foods (BGS)

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Analysts’ estimates

Bunge closed at $60.95 on May 6. This was 4.0% above its 100-day moving average, 73% above its 50-day moving average, and 2.3% above its 20-day moving average. So far, the stock has fallen 11% in 2016. On the other hand, Ingredion closed at $117.54. This was 15.3% above its 100-day moving average, 9.1% above its 50-day moving average, and 7% above its 20-day moving averages, respectively. So far, Ingredion has gained 27% in 2016.
B&G Foods (BGS) is trading 22%, 23%, and 21% above its 100-day, 50-day, and 20-day moving averages, respectively. It has gained 23% in 2016. B&G Foods closed at $43.09 on May 6.

The First Trust Consumer Staples AlphaDEX Fund (FXG) invests 3.0% of its holdings in Archer Daniels Midland, 1.5% in Bunge, and 3.2% in Ingredion. FXG is trading 5.2%, 2.4%, and 1.8% above its 100-day, 50-day, and 20-day moving averages. It closed at $43.09 on May 6.

Analysts’ estimates indicate rises of 14.4% for Bunge, 2.3% for Archer Daniels Midland, and 1.2% for Ingredion from the levels on May 6 for the next 12-month period. Meanwhile, B&G Foods already beat estimates by 3.8%. FXG also invests in General Mills. To gain exposure to General Mills, you can invest in the Victory CEMP US EQ Incom Enhanced Volatility Wtd Index ETF (CDC) and the PowerShares S&P 500 High Dividend Low Volatility Portfolio (SPHD). They invest ~3% of their portfolios in General Mills.

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