Alert: New Earnings Report (11/7/23)-The Andersons Inc (NASDAQ: ANDE).


The Andersons Inc (NASDAQ: ANDE) has reported earnings for its third fiscal quarter (ending September 30) of $0.29 versus $0.51 for the same period a year ago — a decline of -43%. This result fell short of the consensus estimate of $0.62 by $-0.33. E.P.S. were $1.93 for the latest four quarters through September 30 versus $4.06 for the same period a year ago — a decline of -52%.


Recent Price Action

The Andersons Inc (NASDAQ: ANDE) stock suffered a large decline of -2.5% on 11/7/23. The stock closed at $52.09. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.0% during the last week.

Current PriceTarget Research Rating

ANDE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Andersons has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Andersons has a slightly positive Appreciation Score of 62 and a very high Power Rating of 98, producing the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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