The Andersons, Inc. (ANDE)
NASDAQ: ANDE · IEX Real-Time Price · USD
58.95
+0.72 (1.24%)
Apr 22, 2024, 4:00 PM EDT - Market closed
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 4.61% from the current stock price of 58.95.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | +10.26% | Feb 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $55 → $65 | Strong Buy | Maintains | $55 → $65 | +10.26% | Aug 3, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $50 → $60 | Strong Buy | Maintains | $50 → $60 | +1.78% | Aug 3, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $55 → $60 | Buy | Maintains | $55 → $60 | +1.78% | Aug 3, 2023 |
| Roth MKM | Roth MKM | Strong Buy Initiates $55 | Strong Buy | Initiates | $55 | -6.70% | Jun 22, 2023 |
Financial Forecast
Revenue This Year
13.74B
from 14.75B
Decreased by -6.88%
Revenue Next Year
14.01B
from 13.74B
Increased by 1.99%
EPS This Year
2.59
from 2.94
Decreased by -11.88%
EPS Next Year
3.96
from 2.59
Increased by 52.95%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 14.6B | 15.0B |
| Avg | 13.7B | 14.0B |
| Low | 12.8B | 12.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -1.1% | 9.3% |
| Avg | -6.9% | 2.0% |
| Low | -13.4% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.67 | 4.78 |
| Avg | 2.59 | 3.96 |
| Low | 2.49 | 3.16 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -9.3% | 84.4% |
| Avg | -11.9% | 53.0% |
| Low | -15.3% | 21.8% |
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.