Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The company originates, merchandises, stores, and transports agricultural raw materials, such as oilseeds and soft seeds. It also engages in the agricultural commodity and feed product import, export, and distribution; and various structured trade finance activities. In addition, the company offers soybean meal and oil; vegetable and salad oils and protein meals; ingredients for the food, feed, energy, and industrial customers; margarine, shortening, and other food products; and partially refined oils to produce biodiesel and glycols for use in chemicals, paints, and other industrial products. Further, it provides peanuts, peanut-derived ingredients, and cotton cellulose pulp; sweeteners, corn and wheat starches, syrup, glucose, wheat flour, and dextrose; alcohol, and other food and animal feed ingredients; ethyl alcohol and ethanol; corn gluten feed and meal; distillers' grains; corn germ; and citric acids. Additionally, the company provides proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, postbiotics, enzymes, and botanical extracts; and other specialty food and feed ingredients; edible beans; formula feeds, and animal health and nutrition products; and contract and private label pet treats and food products. It also offers futures commission merchant; commodity brokerage services; cash margins and securities pledged to commodity exchange clearinghouse; and cash pledged as security under certain insurance arrangements. The company was founded in 1902 and is headquartered in Chicago, Illinois.

ADM выглядит как крупный и финансово устойчивый бизнес, но с заметным давлением на рентабельность и оценку. По мультипликаторам картина неоднозначная: P/E 31.1 выше медианы отрасли на 44.7%, что выглядит дорого для компании с низкой маржинальностью и слабой отдачей на капитал, тогда как P/S 0.34, P/B 1.48 и P/FCF 7.07 заметно ниже отраслевых ориентиров и частично компенсируют дорогой P/E. Динамика P/E в последние периоды была волатильной и в целом снизилась от более высоких уровней, что говорит о некотором улучшении ожиданий, но текущая оценка все еще не выглядит дешевой. Рентабельность остается слабым местом: ROE 4.8%, ROA 2.25% и ROI 3.62% существенно ниже медианы отрасли, а их траектория за 5 лет в основном ухудшалась. Маржи также низкие и снижаются относительно исторических уровней: gross margin 6.27%, operating margin 1.77% и net margin 1.34% находятся далеко ниже отраслевых значений, что ограничивает потенциал переоценки. При этом абсолютная прибыльность остается положительной: net income 456 млн, operating income 320 млн и EPS 0.87 подтверждают, что компания зарабатывает, но делает это с очень тонкой подушкой. Баланс выглядит лучше, чем отчет о прибылях и убытках: debt/equity 0.34 ниже медианы, долгосрочный долг снизился к 6.61 млрд, а собственный капитал и net worth растут, что поддерживает финансовую устойчивость. Ликвидность по текущему коэффициенту формально очень высокая, но quick ratio равен 0, поэтому качество краткосрочной ликвидности вызывает вопросы и требует осторожности. Выручка остается очень большой, но в последние периоды она скорее снижается, чем растет, а это не создает сильного драйвера для расширения оценки. Дивидендная доходность 0.67% заметно ниже прошлых уровней, поэтому дивидендный аргумент сейчас слабее, чем раньше. В сумме ADM выглядит как зрелая компания с крепким балансом и умеренной долговой нагрузкой, но без убедительного роста эффективности и с давлением на маржу. Для инвестора это скорее история про стабильность и защитность, чем про сильный рост, поэтому справедливая оценка должна быть немного осторожнее текущего базового ориентира.

Archer-Daniels-Midland Company

Сильный индекс, значительно упал. Быки в растерянности.

Strong index, significantly down. The bulls are confused.

Сильный индекс, незначительно вырос. Рынок не поддерживает быков.

Strong index, slightly up. The market does not support the bulls.

Слабый индекс, незначительно вырос

ADM финансово устойчив, но слабая рентабельность, дорогой P/E и снижающиеся маржи ограничивают потенциал переоценки; баланс и низкий долг поддерживают оценку.

For Immediate Release
Chicago, IL – June 12, 2026 – Today, Zacks Equity Research discusses Corteva Inc. CTVA, Archer Daniels Midland Co. ADM, The Scotts Miracle-Gro Company SMG, Adecoagro S.A. AGRO and Mission Produce Inc. AVO.
Industry: Agricultural Operations
Link: https://www.zacks.com/commentary/2935913/5-agriculture-operations-stocks-to-benefit-from-innovation-driven-growth
The Zacks Agriculture – Operations industry has meaningful long-term tailwinds. Innovation across seeds, crop inputs, processing and supply chains is opening growth avenues, while consumers' push for healthier, sustainably produced food continues to reshape demand. Momentum in alternative proteins, efficiency upgrades in grain handling, storage and logistics, and steady demand from emerging markets strengthen the industry's trajectory. Acquisitions, partnerships and capacity expansions are also helping companies scale and diversify.
Industry leaders such as Corteva Inc., Archer Daniels Midland Co., The Scotts Miracle-Gro Company, Adecoagro S.A. and Mission Produce Inc. are well-positioned to benefit from the evolving global food and agriculture trends.
However, the industry participants continue to face persistent structural challenges, including volatile commodity prices, elevated input and labor costs, trade uncertainties, and rising operating expenses. These pressures are squeezing margins, disrupting productivity and testing long-term sustainability, forcing companies to strike a careful balance between near-term profitability and strategic resilience.
About the Industry
The Zacks Agriculture – Operations industry comprises companies that produce or procure, transport, store, process and distribute agricultural commodities to consumers. It also distributes ingredients to other parts of the agriculture industry (including clothing, animal feed, energy and industrial products). Some industry players engage in dairy operations, land transformation activities and the development of food ingredients using gene-editing technology.
The industry encompasses production activities related to the traditional farming of crops (like corn, soybean, wheat and cotton), and livestock and poultry products (including meat, dairy and eggs). The products are mainly sold at grocery stores or exported overseas. These are also used as feedstock for other industries. For example, cotton is used in the clothing industry and corn is used in the ethanol industry.
Factors Shaping the Future of Agriculture - Operations Industry
Organic Products & Innovation in Focus: The industry has gained from rising consumer demand for healthier food, accelerating a shift toward organic farming and lower chemical and pesticide use. Innovations in food processing, enhanced grain-handling techniques, increased storage capacity and strong demand from emerging markets are driving growth.
As healthy eating trends expand, alternative protein consumption is expected to rise. To align with trends in food security, health and well-being, industry players are prioritizing productivity and innovation. Companies are also investing in acquisitions and joint ventures to create high-quality ingredients and solutions that meet the growing demand for healthy products.
Agricultural Export/Import Projections: The May 2026 outlook of the U.S. Department of Agriculture projects agricultural exports of $176.5 billion for fiscal 2026 (ending Sept. 30, 2026), up $2.5 billion from the February forecast of $174 billion. The uptick is primarily driven by stronger export volumes expected for wheat, oilseeds and products, horticultural products, and livestock, poultry and dairy.
Wheat exports are expected to rise by $0.3 billion to $6.2 billion, and oilseeds and products exports are expected to increase by $0.7 billion to $30.8 billion. Meanwhile, livestock, poultry and dairy exports are likely to grow by $0.6 billion to $39.7 billion. Exports for horticultural products are expected to rise by $0.5 billion to $42.6 billion.
Elevated Costs: Agricultural companies face rising costs due to fluctuating commodity prices, inflation-driven input increases and trade uncertainties, all of which are squeezing profitability. Inflation-driven surges in input costs are significant challenges, raising production expenses and narrowing margins. To combat these pressures, companies have adopted pricing strategies and improved supply-chain resilience through partnerships and distribution initiatives. However, commodity cost inflation is expected to persist, maintaining pressure on margins in the near term.
Additionally, companies are managing higher SG&A expenses, driven by performance-related compensation, project costs and technology investments to stay competitive. These elevated operating expenses and ongoing SG&A deleverage may continue to weigh on profitability.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Agriculture – Operations industry is within the broader Zacks Consumer Staples sector. The industry currently carries a Zacks Industry Rank #112, which places it in the top 45% of more than 250 Zacks industries.
The group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry's positioning in the top 50% of the Zacks-ranked industries resulted from a positive aggregate earnings outlook for the constituent companies. Looking at the aggregate earnings estimate revisions, analysts are gradually gaining confidence in this group's earnings growth potential.
Before we present a few stocks that you may want to consider for your portfolio, let us look at the industry's recent stock-market performance and valuation picture.
Industry vs. Broader Market
In a year, the Zacks Agriculture – Operations industry has outperformed the Zacks Consumer Staples sector but underperformed the S&P 500.
The stocks in the industry have collectively rallied 4.7% in a year against a 3.3% decline for the sector and compared with 25.9% growth for the Zacks S&P 500 composite.
Agriculture - Operations Industry's Valuation
On the basis of the forward 12-month price-to-earnings (P/E) ratio, which is commonly used for valuing Consumer Staples stocks, the Agriculture – Operations industry is currently trading at 14.88X compared with the S&P 500's 21.43X and the sector's 16.68X.
Over the last five years, the industry traded as high as 17.09X, as low as 11.2X and at the median of 14.16X.
5 Agriculture Operations Stocks to Watch
None of the stocks in the Zacks Agriculture – Operations universe currently sports a Zacks Rank #1 (Strong Buy), while one stock has a Zacks Rank #2 (Buy). We have highlighted four other stocks currently carrying a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank stocks here.
Archer Daniels: This Chicago, IL-based agricultural product company's leadership in critical global trends, such as flexitarian diets, nutrition and sustainable materials, has contributed to its momentum. Its focus on investing in assets and technological capabilities to serve customers efficiently is likely to be a significant growth driver. Solid demand, improved productivity and product innovations have been aiding the company. Its Readiness program, positive cash flow and solid performance at the Nutrition unit have been supporting the results. The Zacks Rank #2 company has been progressing well on its three strategic pillars — optimize, drive and growth.
Archer Daniels is poised to benefit from the robust performance of its Nutrition segment, owing to significant gains in the Human and Animal Nutrition units. The Zacks Consensus Estimate for ADM's 2026 earnings has been unchanged in the past 30 days. The Zacks Consensus Estimate for Archer Daniels' 2026 sales and earnings suggests growth of 32.4% and 9.9%, respectively, from the year-ago period's reported figures. It delivered an earnings surprise of 5.4%, on average, in the trailing four quarters. The company has rallied 63.6% in the past year.
Corteva: This Wilmington, DE-based pure-play agriculture company is poised to drive above-market growth through its industry-leading product pipeline and rigorous approach to innovation and operating discipline. It is poised to accelerate its pace of innovation and existing leadership position in the high-value sector to meet the increasing market demand for naturally derived products through three collaboration agreements. Strong price execution in seed, supply-chain flexibility and solid market demand for its balanced and differentiated new product portfolios drive CTVA's performance.
The Zacks Consensus Estimate for Corteva's 2026 earnings has moved up 1.4% in the past 30 days. The Zacks Consensus Estimate for its 2026 sales and earnings suggests growth of 4.8% and 11.4%, respectively, from the year-ago period's reported figures. The Zacks Rank #3 company has delivered an earnings surprise of 25.3%, on average, in the trailing four quarters. The CTVA stock has risen 2.7% in the past year.
Scotts Miracle-Gro: This Marysville, OH-based company sells a broad range of lawn and garden care products, as well as solutions for indoor and hydroponic gardening, serving customers across the United States and international markets. The company is emerging from a multi-year reset as a higher-quality, cash-generative consumer staples business. Management is refocusing on core lawn and garden brands, driving consistent volume growth, expanding margins and strengthening the balance sheet. A strategic mix shift toward higher-margin branded products, accelerating e-commerce penetration and disciplined cost savings underpin earnings growth.
With a resilient category, powerful brands and shareholder-friendly capital returns, SMG offers an improving risk-reward profile. The Zacks Consensus Estimate for SMG's fiscal 2026 earnings moved down by a penny in the past seven days. The Zacks Consensus Estimate for Scotts Miracle-Gro's fiscal 2026 sales suggests a decline of 2.8%, while the earnings estimate indicates 16.6% growth from the year-ago period's reported figure. SMG delivered an earnings surprise of 13.5%, on average, in the trailing four quarters. The Zacks Rank #3 company has declined 6.9% in the past year.
Adecoagro: This Luxembourg-based farm products company engages in agricultural and agro-industrial activities in Argentina, Brazil, Chile and Uruguay. The company offers a differentiated agribusiness exposure with scale, asset backing and operational flexibility across sugar, ethanol, crops, rice and dairy. Strategic diversification and hedging are helping mitigate commodity price volatility, while farmland assets continue to appreciate. Although leverage has risen due to the Profertil acquisition, management is focused on cost actions and capital allocation discipline.
Over the cycle, AGRO's integrated platform, strong asset base and cash-generating core support long-term value creation. The Zacks Consensus Estimate for Adecoagro's 2026 earnings has moved up 2.1% in the past 30 days. The Zacks Consensus Estimate for its 2026 sales suggests a growth of 42% from the year-ago period's reported figure, while the consensus mark for earnings indicates significant growth. The Zacks Rank #3 stock has rallied 21% in the past year.
Mission Produce: This Oxnard, CA-based company is engaged in sourcing, farming, packaging, marketing and distributing avocados, mangoes and blueberries to food retailers, distributors and foodservice customers in the United States and internationally. By effectively integrating its sales operations with sourcing teams, the company has demonstrated an exceptional ability to meet customer demand while optimizing per-unit margins. This alignment allows Mission Produce to leverage a sustained higher pricing environment, ensuring profitability and consistent performance in its Marketing and Distribution segment.
The Zacks Consensus Estimate for Mission Produce's fiscal 2026 earnings has been unchanged in the past 30 days. The Zacks Consensus Estimate for its fiscal 2026 sales and earnings suggests declines of 15.9% and 15.2%, respectively, from the year-ago period's reported figures. The Zacks Rank #3 company has delivered an earnings surprise of 30.1%, on average, in the trailing four quarters. The AVO stock has lost 7.4% in the past year.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Adecoagro S.A. (AGRO) : Free Stock Analysis Report
Mission Produce, Inc. (AVO) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Zacks Industry Outlook Highlights Corteva, Archer Daniels Midland, The Scotts, Miracle-Gro, Adecoagro and Mission Produce

The Zacks Agriculture – Operations industry has meaningful long-term tailwinds. Innovation across seeds, crop inputs, processing and supply chains is opening growth avenues, while consumers’ push for healthier, sustainably produced food continues to reshape demand. Momentum in alternative proteins, efficiency upgrades in grain handling, storage and logistics, and steady demand from emerging markets strengthen the industry’s trajectory. Acquisitions, partnerships and capacity expansions are also helping companies scale and diversify.
Industry leaders such as Corteva Inc. CTVA, Archer Daniels Midland Company ADM, The Scotts Miracle-Gro Company SMG, Adecoagro S.A. AGRO and Mission Produce Inc. AVO are well-positioned to benefit from the evolving global food and agriculture trends.
However, the industry participants continue to face persistent structural challenges, including volatile commodity prices, elevated input and labor costs, trade uncertainties, and rising operating expenses. These pressures are squeezing margins, disrupting productivity and testing long-term sustainability, forcing companies to strike a careful balance between near-term profitability and strategic resilience.
About the Industry
The Zacks Agriculture – Operations industry comprises companies that produce or procure, transport, store, process and distribute agricultural commodities to consumers. It also distributes ingredients to other parts of the agriculture industry (including clothing, animal feed, energy and industrial products). Some industry players engage in dairy operations, land transformation activities and the development of food ingredients using gene-editing technology. The industry encompasses production activities related to the traditional farming of crops (like corn, soybean, wheat and cotton), and livestock and poultry products (including meat, dairy and eggs). The products are mainly sold at grocery stores or exported overseas. These are also used as feedstock for other industries. For example, cotton is used in the clothing industry and corn is used in the ethanol industry.
Factors Shaping the Future of Agriculture - Operations Industry
Organic Products & Innovation in Focus: The industry has gained from rising consumer demand for healthier food, accelerating a shift toward organic farming and lower chemical and pesticide use. Innovations in food processing, enhanced grain-handling techniques, increased storage capacity and strong demand from emerging markets are driving growth. As healthy eating trends expand, alternative protein consumption is expected to rise. To align with trends in food security, health and well-being, industry players are prioritizing productivity and innovation. Companies are also investing in acquisitions and joint ventures to create high-quality ingredients and solutions that meet the growing demand for healthy products.
Agricultural Export/Import Projections: The May 2026 outlook of the U.S. Department of Agriculture projects agricultural exports of $176.5 billion for fiscal 2026 (ending Sept. 30, 2026), up $2.5 billion from the February forecast of $174 billion. The uptick is primarily driven by stronger export volumes expected for wheat, oilseeds and products, horticultural products, and livestock, poultry and dairy. Wheat exports are expected to rise by $0.3 billion to $6.2 billion, and oilseeds and products exports are expected to increase by $0.7 billion to $30.8 billion. Meanwhile, livestock, poultry and dairy exports are likely to grow by $0.6 billion to $39.7 billion. Exports for horticultural products are expected to rise by $0.5 billion to $42.6 billion.
Elevated Costs: Agricultural companies face rising costs due to fluctuating commodity prices, inflation-driven input increases and trade uncertainties, all of which are squeezing profitability. Inflation-driven surges in input costs are significant challenges, raising production expenses and narrowing margins. To combat these pressures, companies have adopted pricing strategies and improved supply-chain resilience through partnerships and distribution initiatives. However, commodity cost inflation is expected to persist, maintaining pressure on margins in the near term.
Additionally, companies are managing higher SG&A expenses, driven by performance-related compensation, project costs and technology investments to stay competitive. These elevated operating expenses and ongoing SG&A deleverage may continue to weigh on profitability.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Agriculture – Operations industry is within the broader Zacks Consumer Staples sector. The industry currently carries a Zacks Industry Rank #112, which places it in the top 45% of more than 250 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s positioning in the top 50% of the Zacks-ranked industries resulted from a positive aggregate earnings outlook for the constituent companies. Looking at the aggregate earnings estimate revisions, analysts are gradually gaining confidence in this group’s earnings growth potential.
Before we present a few stocks that you may want to consider for your portfolio, let us look at the industry’s recent stock-market performance and valuation picture.
Industry vs. Broader Market
In a year, the Zacks Agriculture – Operations industry has outperformed the Zacks Consumer Staples sector but underperformed the S&P 500.
The stocks in the industry have collectively rallied 4.7% in a year against a 3.3% decline for the sector and compared with 25.9% growth for the Zacks S&P 500 composite.
1-Year Price Performance
Agriculture - Operations Industry's Valuation
On the basis of the forward 12-month price-to-earnings (P/E) ratio, which is commonly used for valuing Consumer Staples stocks, the Agriculture – Operations industry is currently trading at 14.88X compared with the S&P 500’s 21.43X and the sector’s 16.68X.
Over the last five years, the industry traded as high as 17.09X, as low as 11.2X and at the median of 14.16X, as the chart below shows.
Price-to-Earnings Ratio (Past 5 Years)
5 Agriculture Operations Stocks to Watch
None of the stocks in the Zacks Agriculture – Operations universe currently sports a Zacks Rank #1 (Strong Buy), while one stock has a Zacks Rank #2 (Buy). We have highlighted four other stocks currently carrying a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.
Archer Daniels: This Chicago, IL-based agricultural product company’s leadership in critical global trends, such as flexitarian diets, nutrition and sustainable materials, has contributed to its momentum. Its focus on investing in assets and technological capabilities to serve customers efficiently is likely to be a significant growth driver. Solid demand, improved productivity and product innovations have been aiding the company. Its Readiness program, positive cash flow and solid performance at the Nutrition unit have been supporting the results. The Zacks Rank #2 company has been progressing well on its three strategic pillars — optimize, drive and growth.
Archer Daniels is poised to benefit from the robust performance of its Nutrition segment, owing to significant gains in the Human and Animal Nutrition units. The Zacks Consensus Estimate for ADM’s 2026 earnings has been unchanged in the past 30 days. The Zacks Consensus Estimate for Archer Daniels’ 2026 sales and earnings suggests growth of 32.4% and 9.9%, respectively, from the year-ago period’s reported figures. It delivered an earnings surprise of 5.4%, on average, in the trailing four quarters. The company has rallied 63.6% in the past year.
Price & Consensus: ADM
Corteva: This Wilmington, DE-based pure-play agriculture company is poised to drive above-market growth through its industry-leading product pipeline and rigorous approach to innovation and operating discipline. It is poised to accelerate its pace of innovation and existing leadership position in the high-value sector to meet the increasing market demand for naturally derived products through three collaboration agreements. Strong price execution in seed, supply-chain flexibility and solid market demand for its balanced and differentiated new product portfolios drive CTVA’s performance.
The Zacks Consensus Estimate for Corteva’s 2026 earnings has moved up 1.4% in the past 30 days. The Zacks Consensus Estimate for its 2026 sales and earnings suggests growth of 4.8% and 11.4%, respectively, from the year-ago period’s reported figures. The Zacks Rank #3 company has delivered an earnings surprise of 25.3%, on average, in the trailing four quarters. The CTVA stock has risen 2.7% in the past year.
Price & Consensus: CTVA
Scotts Miracle-Gro: This Marysville, OH-based company sells a broad range of lawn and garden care products, as well as solutions for indoor and hydroponic gardening, serving customers across the United States and international markets. The company is emerging from a multi-year reset as a higher-quality, cash-generative consumer staples business. Management is refocusing on core lawn and garden brands, driving consistent volume growth, expanding margins and strengthening the balance sheet. A strategic mix shift toward higher-margin branded products, accelerating e-commerce penetration and disciplined cost savings underpin earnings growth.
With a resilient category, powerful brands and shareholder-friendly capital returns, SMG offers an improving risk-reward profile. The Zacks Consensus Estimate for SMG’s fiscal 2026 earnings moved down by a penny in the past seven days. The Zacks Consensus Estimate for Scotts Miracle-Gro’s fiscal 2026 sales suggests a decline of 2.8%, while the earnings estimate indicates 16.6% growth from the year-ago period’s reported figure. SMG delivered an earnings surprise of 13.5%, on average, in the trailing four quarters. The Zacks Rank #3 company has declined 6.9% in the past year.
Price & Consensus: SMG
Adecoagro: This Luxembourg-based farm products company engages in agricultural and agro-industrial activities in Argentina, Brazil, Chile and Uruguay. The company offers a differentiated agribusiness exposure with scale, asset backing and operational flexibility across sugar, ethanol, crops, rice and dairy. Strategic diversification and hedging are helping mitigate commodity price volatility, while farmland assets continue to appreciate. Although leverage has risen due to the Profertil acquisition, management is focused on cost actions and capital allocation discipline.
Over the cycle, AGRO’s integrated platform, strong asset base and cash-generating core support long-term value creation. The Zacks Consensus Estimate for Adecoagro’s 2026 earnings has moved up 2.1% in the past 30 days. The Zacks Consensus Estimate for its 2026 sales suggests a growth of 42% from the year-ago period’s reported figure, while the consensus mark for earnings indicates significant growth. The Zacks Rank #3 stock has rallied 21% in the past year.
Price & Consensus: AGRO
Mission Produce: This Oxnard, CA-based company is engaged in sourcing, farming, packaging, marketing and distributing avocados, mangoes and blueberries to food retailers, distributors and foodservice customers in the United States and internationally. By effectively integrating its sales operations with sourcing teams, the company has demonstrated an exceptional ability to meet customer demand while optimizing per-unit margins. This alignment allows Mission Produce to leverage a sustained higher pricing environment, ensuring profitability and consistent performance in its Marketing and Distribution segment.
The Zacks Consensus Estimate for Mission Produce’s fiscal 2026 earnings has been unchanged in the past 30 days. The Zacks Consensus Estimate for its fiscal 2026 sales and earnings suggests declines of 15.9% and 15.2%, respectively, from the year-ago period’s reported figures. The Zacks Rank #3 company has delivered an earnings surprise of 30.1%, on average, in the trailing four quarters. The AVO stock has lost 7.4% in the past year.
Price & Consensus: AVO
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Adecoagro S.A. (AGRO) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

5 Agriculture Operations Stocks to Benefit From Innovation-Driven Growth

In the latest close session, Archer Daniels Midland (ADM) was up +1.45% at $81.28. The stock outpaced the S&P 500's daily loss of 1.62%. Elsewhere, the Dow saw a downswing of 1.87%, while the tech-heavy Nasdaq depreciated by 1.98%.
Heading into today, shares of the agribusiness giant had lost 0.76% over the past month, lagging the Consumer Staples sector's gain of 0.43% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of Archer Daniels Midland in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.29, signifying a 38.71% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $22.51 billion, indicating a 6.35% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.54 per share and a revenue of $85.44 billion, representing changes of +32.36% and +6.45%, respectively, from the prior year.
Any recent changes to analyst estimates for Archer Daniels Midland should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Archer Daniels Midland boasts a Zacks Rank of #2 (Buy).
Looking at its valuation, Archer Daniels Midland is holding a Forward P/E ratio of 17.66. This valuation marks a premium compared to its industry average Forward P/E of 13.69.
The Agriculture - Operations industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 115, finds itself in the top 48% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Archer Daniels Midland (ADM) Rises As Market Takes a Dip: Key Facts

Archer Daniels Midland Company’s ADM strategic moves and cost-saving efforts are likely to support growth by improving efficiency, protecting margins and strengthening focus on higher-return businesses. The company is focused on optimizing the organizational and operational structure. ADM is strengthening its internal controls, enhancing execution, improving operational efficiency and reducing costs, while streamlining its portfolio to sharpen core competencies and unlock long-term value.
The company is actively managing productivity and innovation as well as aligning work to the interconnected trends in food security, health and wellbeing. Archer Daniels is smoothly progressing on its key strategic pillars, including optimize, drive and growth. ADM continues to adapt to consumers’ changing nutritional preferences and has expanded its alternative protein capabilities and starch production. ADM is focused on expanding its footprint in fast-growing alternative protein.
ADM has also been creating additional margin opportunities, opening up channels to customers, advancing digital technologies in areas like farmer needs, and growing its BioSolutions platform. It is broadening its growth opportunities by using its core processing assets in new ways. The company is expanding into biosolutions, precision fermentation and decarbonization, which can create additional revenue streams from existing operations.
In addition, Archer Daniels’ Nutrition segment is showing signs of recovery, led by improving performance in Human Nutrition. Management highlighted strength in the Flavors portfolio, supported by solid demand in North America and new international customer wins. Margin expansion in Flavors, driven by improved mix and pricing discipline, contributed meaningfully to profitability, while the Health & Wellness portfolio benefited from improving demand trends, including biotics.
The company is also advancing digital initiatives by pivoting toward regional, agile projects and accelerating its data and analytics capabilities, while maintaining investment in cybersecurity and network resilience. Hence, the company looks forward to making investments in its portfolio to bolster growth and differentiation, including plant digitization, operating leverage and higher marketing volumes in targeted markets.
ADM’s Price Performance, Valuation and Estimates
Archer Daniels shares have gained 33.7% in the past six months compared with the industry’s 13.5% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, ADM trades at a forward price-to-earnings ratio of 17.14X compared with the industry’s average of 14.93X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for ADM’s 2026 and 2027 earnings per share (EPS) indicates year-over-year drop of 8% but that of 2027 reflects growth of 6.9%. The company’s EPS estimate for 2026 and 2027 has been stable in the past 30 days.
Image Source: Zacks Investment Research
Archer Daniels currently carries a Zacks Rank #2 (Buy).
Other Stocks to Consider in the Consumer Staples Space
The Chefs' Warehouse, Inc. CHEF, which is a distributor of specialty food products in the United States, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Chefs' Warehouse’s current financial-year sales indicates growth of 8.3% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 28.9%, on average.
Nomad Foods Limited NOMD, which manufactures and distributes frozen foods, currently carries a Zacks Rank of 2.
The Zacks Consensus Estimate for Nomad Foods’ current financial-year sales is expected to rise 0.5% from the year-ago reported figure. NOMD delivered a trailing four-quarter earnings surprise of 8.6%, on average.
Medifast, Inc. MED, which is a leading manufacturer and distributor of clinically-proven healthy living products and programs, currently carries a Zacks Rank of 2. MED beat the average earnings surprise of 65.5% in the last reported quarter.
The Zacks Consensus Estimate for Medifast’s current financial-year sales indicates a decline of 26% from the year-ago number.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MEDIFAST INC (MED) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Will Archer Daniels' Strategic Moves & Cost Savings Aid Growth?

Friday, June 5, 2026
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Caterpillar Inc. (CAT), The Coca-Cola Co. (KO) and HSBC Holdings plc (HSBC), as well as two micro-cap stocks SandRidge Energy, Inc. (SD) and NVE Corp. (NVEC). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.
These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Ahead of Wall Street
The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.
You can read today's AWS here >>> What Labor Problem? BLS Jobs Jump to +172K
Today's Featured Research Reports
Caterpillar’s shares have outperformed the Zacks Manufacturing - Construction and Mining industry over the past six months (+58.4% vs. +46.3%). The company posted strong revenue and earnings growth in the first quarter of 2026, supported by higher volumes across all segments. Backlog reached a record $63 billion, and management lifted its full-year outlook to low double-digit sales growth.
Construction demand remains solid, driven by infrastructure activity, rental fleet expansion and nonresidential projects. The Power & Energy segment is gaining from rising data-center-related power demand. Resource Industries stands to benefit from mining investments and aging equipment fleet, though timing and product mix may add volatility.
Recent tariff reductions may help ease cost pressures and support demand as customers have been delaying equipment purchases amid higher costs and trade uncertainty. A continued focus on high-margin aftermarket parts and services should further support growth.
(You can read the full research report on Caterpillar here >>>)
Shares of Coca-Cola have outperformed the Zacks Beverages - Soft drinks industry over the past six months (+10.1% vs. +9.4%). The company is benefiting from the strength of its portfolio breadth, consistent share gains and improving margins driven by pricing and productivity efforts. Innovation, marketing and digital initiatives are enhancing consumer engagement and execution, while diversified categories reduce risk.
Coca-Cola projects steady organic revenue and EPS growth, backed by a durable global distribution moat. Our model predicts organic revenue growth of 4.8% and comparable EPS to grow 8.8% for 2026. Robust cash generation supports reinvestments and sustainable shareholder returns, including continued dividend growth.
However, Coca-Cola has underperformed the industry year-to-date. The company faces headwinds from uneven demand and unfavorable mix as consumers shift toward smaller packs and value options, diluting revenue quality and limiting margin.
(You can read the full research report on Coca-Cola here >>>)
HSBC’s shares have outperformed the Zacks Banks - Foreign industry over the past six months (+35% vs. +13.1%). The company’s wealth momentum in Asia continues to benefit from higher customer activity, rising balances and net new money, while the completed Hang Seng Bank privatization and ongoing business divestitures, including the agreed Indonesia sale, will simplify the company’s operations and support medium-term efficiency.
Also, a robust capital position and global footprint are expected to support its financials. However, the company has guided for higher expected credit losses (ECL) this year because of overlays tied to Middle East events and absorption of an idiosyncratic fraud-related charge.
Operating expenses are expected to remain elevated as the company invests in technology and distribution capabilities. Revenue visibility will depend on volatile rates and activity.
(You can read the full research report on HSBC here >>>)
Shares of SandRidge Energy have outperformed the Zacks Oil and Gas - Integrated - United States industry over the past year (+54.2% vs. +32%). This microcap company with a market capitalization of $577.77 million is driven by its scalable Cherokee development program, which supports production growth through consistent well performance and disciplined execution. A debt-free balance sheet and strong liquidity provide flexibility to fund development, navigate commodity cycles.
Continued development activity is enhancing reserve visibility and extending the company’s growth runway. Operational focus on safety, reliability, and emissions management helps support stable cash flows and lower execution risk.
Additionally, a diversified asset base and extensive owned infrastructure improve cost efficiency, strengthen resilience across market conditions, and provide optionality for future growth opportunities. Overall, SandRidge combines financial strength, disciplined capital allocation, and a long-duration development inventory to support long-term value creation.
(You can read the full research report on SandRidge Energy here >>>)
NVE’s shares have gained +59.5% over the past year against the Zacks Electronics - Semiconductors industry’s gain of +115.4%. This microcap company with a market capitalization of $532.18 million presents a differentiated profile, driven by scalable manufacturing, specialized spintronic technology and strong profitability. Expanded in-house capacity enhances yields and supports growth without significantly increasing fixed costs.
Demand is rising in medical, industrial and automation markets, where miniaturized, low-power sensors enable high-value, repeat design wins. A diversified mix across defense and non-defense markets improves revenue durability, while robust cash generation supports dividends and self-funded growth. Additional upside comes from optionality in spintronic memory and security IP.
However, key risks include margin sensitivity from channel mix, defense revenue volatility, declining contract R&D visibility, scalability limits of a high-touch sales model, exposure to securities portfolio fluctuations and long commercialization cycles for new products.
(You can read the full research report on NVE here >>>)
Other noteworthy reports we are featuring today include Microchip Technology Inc. (MCHP), Archer-Daniels-Midland Co. (ADM) and Ubiquiti Inc. (UI).
Mark Vickery
Senior Editor
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Today's Must Read
Featured Reports
Strong Data Center Product Demand Aids Microchip (MCHP) Prospects
Per the Zacks analyst, MCHP is benefiting from robust data center spending, Gen6 PCIe momentum, and a recovery in customer demand.
Ubiquiti (UI) Rides on Strength in the Enterprise Technology Segment
Per the Zacks analyst, increasing adoption of IoT-connected devices and continued deployment of unified IT infrastructure solutions will likely drive Ubiquiti's top line.
Global Payments (GPN) Ride High on Buyouts, Rising Costs Hurt
Per the Zacks Analyst, buyouts and tie-ups added capabilities to the company's portfolio, which in turn, boosted revenues. However, escalating expenses remain a concern for the company.
Diverse Portfolio and Capital Recycling Aids UDR Amid Elevated Supply
Per the Zacks analyst, UDR's diverse portfolio, capital recycling efforts and tech-driven efficiencies support growth. Yet, elevated supply in select markets and rising competition raise concerns.
Immunovant Bets on IMVT-1402, Lack of Pipeline Diversification A Woe
Per the Zacks Analyst, IMVT's steady progress across autoimmune programs is promising, but the lack of other candidates and fierce competition in the immunology space could hinder long-term growth.
Increasing MRO Orders Aid AAR Corp. (AIR), Despite Supply Chain Woes
Per the Zacks analyst, AAR Corp. is likely to benefit from increasing maintenance, repair and overhaul services. Yet supply chain issues result in delays and increase costs.
Ambarella (AMBA) Gains From Accelaration in Edge AI adoption
Per the Zacks Analyst, Ambarella is gaining from shift of AI inferencing from data centers to edge devices, creating strong demand for its AI processors.
New Upgrades
Archer Daniels (ADM) Drives Growth With AI and Innovation
Per the Zacks Analyst, ADM is broadening growth avenues through biosolutions, precision fermentation, decarbonization initiatives and AI-driven automation to enhance efficiency and profitability.
Sterling (STRL) Gains From Data Center & Semiconductor Buildout Trends
Per the Zacks analyst, Sterling's E-Infrastructure Solutions has multi-year visibility as data centers, advanced manufacturing and semiconductors fuel a deep, higher-margin backlog.
Diversified Business Mix & Aftermarket Demand Aid PHINIA (PHIN)
Per the Zacks analyst, PHINIA benefits from a well-diversified business model, which helps reduce dependence on any single revenue stream. Sustained demand for replacement parts also bodes well.
New Downgrades
Slower Drilling Activity to Hurt Baker Hughes' (BKR) Outlook
Per the Zacks analyst, subdued upstream spending in North America and operational uncertainties due to the Middle East conflict may pressure Baker Hughes' near-term financial performance.
Ryanair (RYAAY) Continues to Grapple With Rising Expenses
The Zacks Analyst is worried about the escalating operating expenses due to high fuel costs, staff costs and higher air traffic control fees, which are likely to hurt Ryanair's bottom line.
Accounting Controls Reset Irk ICON (ICLR) Amid Tough Competition
The Zacks analyst is concerned about ICON's improperly adjusted clinical services revenue, which resulted in overstating revenue by $65M in 2023 and $93M in 2024. Tough Competition adds to the worry.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Top Research Reports for Caterpillar, Coca-Cola & HSBC

It has been about a month since the last earnings report for Archer Daniels Midland (ADM). Shares have added about 7.8% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is ADM due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Archer Daniels Midland Company before we dive into how investors and analysts have reacted as of late.
Archer Daniels Q1 Earnings Beat Estimates on Ethanol Strength
Archer Daniels posted first-quarter 2026 results, wherein the bottom line beat the Zacks Consensus Estimate, but the top line missed the same. Meanwhile, earnings and revenues increased year over year.
Insight Into ADM’s Q1 Performance
Adjusted earnings of 71 cents per share surpassed the Zacks Consensus Estimate of 66 cents. Also, the figure rose from adjusted earnings of 70 cents per share in the year-ago quarter. On a reported basis, Archer Daniels’ first-quarter earnings were 62 cents per share, up from 61 cents reported in the year-ago quarter.
Revenues increased 1.6% year over year to $20.5 billion but lagged the consensus estimate of $21.1 billion.
The gross profit increased 3.6% year over year to $1.22 billion, while the gross margin stood at 5.9%. Selling, general and administrative expenses rose to $961 million from $932 million in the prior-year quarter.
ADM reported total segment operating profit of $764 million, up 2.3% from $747 million in the year-ago quarter. The year reflected a sharp divergence across the company’s three operating segments, with strength in Carbohydrate Solutions and Nutrition offset by a decline in Ag Services & Oilseeds.
ADM has a trailing four-quarter return on invested capital of 6.4% on an adjusted basis.
ADM’s Segmental Operating Profit
The Ag Services & Oilseeds segment’s operating profit fell 34% year over year to $273 million. The year-over-year decline was caused primarily by net negative mark-to-market and timing impacts tied to a strengthening commodity environment following U.S. biofuels policy clarity. The Ag Services subsegment’s operating profit rose 26% year over year to $200 million, supported by higher export activity from North America, including increased soybean and sorghum shipments to China and strong corn exports.
The Crushing subsegment’s operating profit swung to a loss of $79 million from a profit of $47 million in the prior-year quarter. ADM attributed the decrease to net negative mark-to-market and timing impacts driven by the strengthening margin environment. Operationally, plant-processed volumes improved, with oilseed tonnage produced up 2% year over year, and soybean meal sales remained strong throughout the quarter.
Refined Products and Other operating profit were down 36% from the prior year due to net negative mark-to-market and timing impacts in the current quarter, with the movement similarly tied to the strengthening margin environment.
The Carbohydrate Solutions segment posted an operating profit of $356 million, up 48% year over year, primarily reflecting strengthening ethanol margins, aided by effective risk management and policy incentives. Starches and Sweeteners’ operating profit rose 11% to $229 million, driven mainly by increased ethanol margins related to ADM’s corn wet-milling ethanol operations, somewhat offset by lower global liquid sweeteners and starches volumes and margins.
Vantage Corn Processors’ operating profit increased to $127 million from $33 million (up $94 million), as the company’s corn dry-milling ethanol operations benefited from stronger ethanol margins, risk management and policy incentives.
The Nutrition segment reported operating profit of $135 million, up 42% year over year, reflecting improved performance in both the Human Nutrition and Animal Nutrition subsegments, including foreign exchange gains. Human Nutrition’s operating profit increased 39% to $104 million, driven largely by higher Flavors sales, foreign exchange gains and the continued recovery of the Decatur East plant. Animal Nutrition’s operating profit rose 55% to $31 million, primarily supported by portfolio actions taken over the last year, a focus on higher-margin product lines, ongoing cost optimization and foreign exchange gains.
Archer Daniels’ Other Financials
The company ended the quarter with cash and cash equivalents of $591 million, long-term debt, including current maturities, of $7.6 billion, and shareholders’ equity of $35.6 billion. As of March 31, 2026, ADM generated $150 million in cash from operating activities. It paid dividends of $254 million in the reported quarter.
ADM’s 2026 Outlook
ADM raised its 2026 adjusted earnings outlook to approximately $4.15-$4.70 per share from its prior range of $3.60-$4.25. The company said the updated outlook assumes continued progress on priorities and reflects expected improvement primarily in crushing and ethanol, tied to the March 2026 finalization of the 2026 and 2027 renewable volume obligations under the U.S. Renewable Fuels Standard.
The company reiterated that external factors remain key swing items, including consumer trends, energy costs, supply chain dislocations, ethanol developments and evolving global trade and tariff conditions. ADM also maintained its capital expenditure expectation of $1.3 to $1.5 billion for 2026.
How Have Estimates Been Moving Since Then?
Since the earnings release, investors have witnessed a upward trend in fresh estimates.
The consensus estimate has shifted 24.44% due to these changes.
VGM Scores
At this time, ADM has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise ADM has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Is ADM (ADM) Up 7.8% Since Last Earnings Report?

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Archer Daniels Midland (ADM) is a stock many investors are watching right now. ADM is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 13.41. This compares to its industry's average Forward P/E of 15.45. Over the past 52 weeks, ADM's Forward P/E has been as high as 14.13 and as low as 9.50, with a median of 11.12.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. ADM has a P/S ratio of 0.49. This compares to its industry's average P/S of 0.65.
Finally, our model also underscores that ADM has a P/CF ratio of 13.25. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 14.70. Over the past year, ADM's P/CF has been as high as 13.80 and as low as 7.44, with a median of 9.16.
Value investors will likely look at more than just these metrics, but the above data helps show that Archer Daniels Midland is likely undervalued currently. And when considering the strength of its earnings outlook, ADM sticks out as one of the market's strongest value stocks.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Is Archer Daniels Midland (ADM) Stock Undervalued Right Now?

A strong stock as of late has been Archer Daniels Midland (ADM). Shares have been marching higher, with the stock up 4.1% over the past month. The stock hit a new 52-week high of $83.6 in the previous session. ADM has gained 43.4% since the start of the year compared to the 4.9% gain for the Zacks Consumer Staples sector and the 19.7% return for the Zacks Agriculture - Operations industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on May 5, 2026, ADM reported EPS of $0.71 versus consensus estimate of $0.66 while it missed the consensus revenue estimate by 2.93%.
For the current fiscal year, ADM is expected to post earnings of $4.54 per share on $85.44 in revenues. This represents a 32.36% change in EPS on a 6.45% change in revenues. For the next fiscal year, the company is expected to earn $4.99 per share on $87.26 in revenues. This represents a year-over-year change of 9.87% and 2.12%, respectively.
Valuation Metrics
While ADM has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
ADM has a Value Score of A. The stock's Growth and Momentum Scores are B and F, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 18.2X current fiscal year EPS estimates, which is a premium to the peer industry average of 12.9X. On a trailing cash flow basis, the stock currently trades at 13.9X versus its peer group's average of 6.8X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making ADM an interesting choice for value investors.
Zacks Rank
We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, ADM currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if ADM passes the test. Thus, it seems as though ADM shares could still be poised for more gains ahead.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Archer Daniels Midland Company (ADM) Hits Fresh High: Is There Still Room to Run?

For Immediate Release
Chicago, IL – June 1, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Archer-Daniels-Midland Co. ADM, Casey's General Stores Inc. CASY, Nucor Corp. NUE, Ross Stores Inc. ROST and Imperial Oil Ltd. IMO.
Here are highlights from Friday’s Analyst Blog:
Tap the Market Rally with These 5 Non-AI Stocks Surging Year-to-Date
Wall Street has been witnessing an astonishing rally since the beginning of 2023, barring some minor fluctuations. The prolonged rally has been primarily driven by the global artificial intelligence (AI) technology boom. Generative and agentic AI have transformed the entire landscape of the information technology sector worldwide.
A handful of non-AI stocks have also jumped year to date. Investment in these stocks with a favorable Zacks Rank should be fruitful in 2026. Five such non-AI stocks are: Archer-Daniels-Midland Co., Casey's General Stores Inc., Nucor Corp., Ross Stores Inc. and Imperial Oil Ltd..
Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Archer-Daniels-Midland Co.
Zacks Rank #2 Archer-Daniels-Midland is benefiting from a rebound in its Nutrition segment. Human Nutrition is gaining traction, with the Flavors portfolio benefiting from solid North American demand, international customer wins and improved margins from a favorable mix and disciplined pricing.
ADM continues to advance its Optimize, Drive and Grow pillars, enhancing productivity, accelerating cost savings, expanding BioSolutions and leveraging digital tools to unlock margin opportunities and strengthen customer reach.
ADM is actively managing productivity and innovation as well as aligning work to the interconnected trends in food security, health and wellbeing. The company is well-positioned for sustainable long-term profit growth across new avenues.
ADM has been creating additional margin opportunities, opening up channels to customers, advancing digital technologies in areas like farmer needs, the extension of Regen Act programs and partnerships, and the growth of its BioSolutions platform.
Archer-Daniels-Midland has an expected revenue and earnings growth rate of 6.5% and 32.4%, respectively, for the current year. The Zacks Consensus Estimate for the current year's earnings has improved 5.3% over the last 30 days.
Casey's General Stores Inc.
Zacks Rank #2 Casey's General Stores shows strong growth momentum, supported by resilient inside sales, driven by prepared foods, beverages and high-margin grocery categories. Effective pricing, product innovation and a favorable product mix continue to enhance CASY's margins and customer traffic.
We anticipate the inside gross margin to expand 60 basis points year over year in fiscal 2026. CASY's fuel segment is outperforming industry trends, strengthening market share and profitability despite price fluctuations.
The Fikes/CEFCO acquisition is boosting scale, operational efficiency and long-term growth potential, supported by integration synergies. CASY's strong cash flow generation and stable financial position provide flexibility for investments, expansion, and shareholder returns, reinforcing confidence in its sustained growth trajectory and overall business strength.
Casey's General Stores has an expected revenue and earnings growth rate of 10.8% and 12.4%, respectively, for the current year (ending April 2027). The Zacks Consensus Estimate for the current year's earnings has improved 1.5% over the last 30 days.
Nucor Corp.
Zacks Rank #1 Nucor is committed to expanding its production capabilities and growing its business through strategic acquisitions. NUE's efforts to boost production capacity through several growth projects should drive profitability. Nucor is also seeing strong momentum in non-residential construction.
NUE remains focused on achieving greater penetration in the automotive market. NUE is committed to maximizing returns to its shareholders by leveraging strong cash flows. Higher steel prices are also expected to support Nucor's margins. Steel mills' price hikes amid a recovery in demand in key markets and tighter supply have led to an uptick in steel prices.
Nucor has an expected revenue and earnings growth rate of 14% and 92.5%, respectively, for the current year. The Zacks Consensus Estimate for the current year's earnings has improved 1.8% over the last seven days.
Ross Stores Inc.
Zacks Rank #2 Ross Stores has been benefiting from the strong execution of its off-price retail model. ROST continues to benefit from solid demand for value-driven merchandise, delivering 21% sales growth and 17% comps growth in first-quarter fiscal 2026, supported by effective merchandising and marketing initiatives.
ROST is also progressing well on store-expansion plans, with long-term growth potential across both banners, targeting 2,900 Ross Dress for Less and 700 dd's DISCOUNTS stores. For fiscal 2026, ROST expects comps growth of 6-7%, with earnings of $7.50-$7.74, up 13-17% year over year.
Solid financial flexibility, disciplined capital allocation and ongoing share repurchases highlight ROST's commitment to shareholder returns, underscoring a robust business for continued growth.
Ross Stores has an expected revenue and earnings growth rate of 8.2% and 15.6%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year's earnings has improved 3.9% over the last seven days.
Imperial Oil Ltd.
Zacks Rank #1 Imperial Oil's integrated business model, spanning oil sands production, refining, petrochemicals and retail operations, provides stable earnings and lowers exposure to oil-price volatility. Backing from parent Exxon Mobil strengthens IMO's financial flexibility and access to low-cost capital.
IMO also maintains a growth pipeline, with expansion plans at Kearl and Cold Lake alongside projects like Mahihkan and Grand Rapids SA-SAGD that can increase production while improving recovery rates and lowering costs. Operating cash flow supports dividends and share repurchases, while IMO's downstream and renewable diesel operations enhance profitability during periods of strong fuel demand.
Imperial Oil has an expected revenue and earnings growth rate of 28.6% and 70.7%, respectively, for the current year. The Zacks Consensus Estimate for the current year's earnings has improved 4.7% over the last seven days.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The Zacks Analyst Blog Highlights Archer-Daniels-Midland, Casey's General Stores, Nucor, Ross Stores and Imperial Oil

Mission Produce, Inc. AVO has completed its acquisition of Calavo Growers, Inc., marking a transformative step in its strategy to build a larger and more diversified fresh produce platform. The acquisition creates one of the most comprehensive vertically integrated fresh produce platforms in North America.
The transaction significantly strengthens the vertically integrated business model of Mission Produce, a global leader in fresh Hass avocados, by enhancing sourcing, packing, distribution and value-added food capabilities across the global produce supply chain.
The acquisition combines two of the industry's most established avocado businesses and broadens Mission Produce's portfolio beyond avocados into complementary categories, such as tomatoes, papayas and prepared foods, including guacamole. The deal also accelerates AVO’s entry into the higher-margin prepared foods segment, enhancing revenue diversification and growth opportunities.
Management expects the combination to generate operational efficiencies through improved asset utilization, expanded sourcing capabilities, enhanced supply-chain flexibility, and deeper customer relationships across retail, wholesale and foodservice channels. The enlarged platform is designed to provide greater supply reliability, scale and innovation while supporting increasing consumer demand for fresh, healthy and convenient food products.
AVO’s management described the transaction as a transformational milestone that strengthens the company's competitive position and long-term growth prospects. Calavo will continue operating as a wholly-owned subsidiary of Mission Produce, with former Calavo CEO John Lindeman remaining in a leadership role during the integration period to ensure continuity of operations and customer relationships.
As part of the transaction, Kathleen Holmgren, former chair of Calavo's board, joined Mission Produce's board of directors, bringing extensive technology and corporate leadership experience.
Under the merger terms, Calavo shareholders will receive $26.05 per share, consisting of $14.85 in cash and 0.9790 shares of Mission Produce common stock for each Calavo share. Following the transaction's completion, Calavo's shares have been suspended from trading and are expected to be delisted from Nasdaq by June 8, 2026.
What Does the Deal Mean for AVO & Investors?
Perhaps the most attractive aspect of the Calavo deal is Mission Produce's entry into the higher-margin prepared foods segment. Calavo's established guacamole and prepared-food operations offer a new growth avenue and could help diversify earnings beyond the cyclical avocado market. In addition, the combined company gains access to a broader customer base and stronger relationships with growers and distributors.
For investors, the key question is whether Mission Produce can successfully integrate Calavo and capture expected synergies. While integration risks and execution challenges remain, the transaction has the potential to boost long-term revenue growth, improve profitability and strengthen Mission's competitive position in the fresh produce industry.
The acquisition also reflects management's confidence in rising consumer demand for healthy, fresh and convenient food products. If Mission Produce delivers on its integration objectives and realizes cost and revenue synergies, the deal could serve as a meaningful catalyst for the stock in the coming years, making the Zacks Rank #3 (Hold) company worth watching in the agricultural and food distribution sector.
AVO’s Price Performance, Valuation & Estimates
Shares of Mission Produce have lost 21.1% in the past three months against the industry’s growth of 1.6%.
Image Source: Zacks Investment Research
From a valuation standpoint, AVO trades at a forward price-to-earnings ratio of 18.06X, significantly above the industry’s average of 15.57X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for AVO’s fiscal 2026 earnings suggests a year-over-year decline of 15.2%, while that for fiscal 2027 indicates growth of 6%. The company’s EPS estimates for fiscal 2026 and 2027 have remained stable in the past seven days.
Image Source: Zacks Investment Research
Picks You Can’t Miss Out On
Arko Corp. ARKO, operating a chain of convenience stores in the United States, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Arko’s 2026 earnings implies a surge of 93.3% from the year-ago reported number. ARKO has a trailing four-quarter earnings surprise of 43.2%, on average.
Kenvue Inc. KVUE operates as a consumer health company in the United States, the rest of North America, Europe, the Middle East, Africa, the Asia-Pacific and Latin America. The company currently flaunts a Zacks Rank #1.
The Zacks Consensus Estimate for Kenvue’s 2026 sales and earnings suggests growth of 3.2% and 7.4%, respectively, from the year-ago reported numbers. KVUE has a trailing four-quarter earnings surprise of 12.1%, on average.
Archer Daniels Midland Company ADM is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. It currently carries a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for Archer Daniels’ 2026 sales and earnings suggests growth of 6.5% and 32.4%, respectively, from the year-ago reported numbers. ADM has a trailing four-quarter earnings surprise of 5.4%, on average.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ARKO Corp. (ARKO) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Archer-Daniels-Midland Company

Market sentiment

Bearish sentiment

Share of longs and shorts

Confidence Index

Bulls

Support Index

Bulls

Cash flows Index

Bulls

Momentum

Hold

Hold

Metrics since the start of the current trend:

Protective stop levels