The Andersons, Inc. (ANDE)
NASDAQ: ANDE · IEX Real-Time Price · USD
48.89
+0.33 (0.68%)
At close: Jul 2, 2024, 4:00 PM
47.95
-0.94 (-1.92%)
After-hours: Jul 2, 2024, 4:51 PM EDT
The Andersons Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for The Andersons stock have an average target of 61.67, with a low estimate of 60 and a high estimate of 65. The average target predicts an increase of 26.14% from the current stock price of 48.89.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 6, 2024.
Analyst Ratings
The average analyst rating for The Andersons stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth Capital | Roth Capital | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | +32.95% | Feb 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $55 → $65 | Strong Buy | Maintains | $55 → $65 | +32.95% | Aug 3, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $50 → $60 | Strong Buy | Maintains | $50 → $60 | +22.72% | Aug 3, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $55 → $60 | Buy | Maintains | $55 → $60 | +22.72% | Aug 3, 2023 |
| Roth MKM | Roth MKM | Strong Buy Initiates $55 | Strong Buy | Initiates | $55 | +12.50% | Jun 22, 2023 |
Financial Forecast
Revenue This Year
12.36B
from 14.75B
Decreased by -16.20%
Revenue Next Year
12.95B
from 12.36B
Increased by 4.81%
EPS This Year
3.21
from 2.94
Increased by 9.29%
EPS Next Year
4.03
from 3.21
Increased by 25.40%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 12.7B | 13.3B |
| Avg | 12.4B | 13.0B |
| Low | 11.9B | 12.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -13.7% | 7.9% |
| Avg | -16.2% | 4.8% |
| Low | -19.5% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.31 | 4.15 |
| Avg | 3.21 | 4.03 |
| Low | 3.09 | 3.87 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 12.5% | 29.1% |
| Avg | 9.3% | 25.4% |
| Low | 5.0% | 20.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.