Andersons (NASDAQ:ANDE) Rating Increased to Buy at StockNews.com

Andersons (NASDAQ:ANDE – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday. Andersons Trading Up 0.4 % NASDAQ ANDE opened at $47.04 on Wednesday. The company has a market capitalization of $1.60 billion, a PE ratio of [...]

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Andersons ( NASDAQ:ANDE – Get Free Report ) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday. Andersons Trading Up 0.

4 % NASDAQ ANDE opened at $47.04 on Wednesday. The company has a market capitalization of $1.



60 billion, a PE ratio of 13.44 and a beta of 0.60.

The company has a fifty day moving average of $48.04 and a 200 day moving average of $49.76.

Andersons has a 1 year low of $41.76 and a 1 year high of $61.46.

The company has a debt-to-equity ratio of 0.36, a current ratio of 1.98 and a quick ratio of 1.

23. Andersons ( NASDAQ:ANDE – Get Free Report ) last posted its earnings results on Monday, November 4th. The basic materials company reported $0.

80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.37.

The company had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.90 billion.

Andersons had a net margin of 1.06% and a return on equity of 8.21%.

The firm’s quarterly revenue was down 27.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.

13 earnings per share. Institutional Inflows and Outflows About Andersons ( Get Free Report ) 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. Featured Stories Receive News & Ratings for Andersons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andersons and related companies with MarketBeat.com's FREE daily email newsletter .

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