Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Andersons Inc before investing.

In this article, we go over a few key elements for understanding Andersons Inc’s stock price such as:

• Andersons Inc’s current stock price and volume
• Why Andersons Inc’s stock price changed recently
• Upgrades and downgrades for ANDE from analysts
• ANDE’s stock price momentum as measured by its relative strength

About Andersons Inc (ANDE)

Before we jump into Andersons Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

The Andersons, Inc. is a diversified company, which is engaged in the operations of agricultural supply chain. The Company operates through three segments: Trade, Renewables, and Nutrient and Industrial. The Trade segment is a diversified business focusing on capturing profits through merchandising and managing logistics across a wide range of commodities. The segment specializes in the movement of physical commodities, such as whole grains, grain products, feed ingredients and domestic fuel products among other agricultural commodities. The Renewables segment produces, purchases, and sells ethanol and co-products, offers facility operations, and provides risk management and marketing services to the ethanol plants it invests and operates. The Nutrient & Industrial segment is a manufacturer, distributor and retailer of agricultural and related plant nutrients, liquid industrial products, corncob-based products, pelleted lime and gypsum products, pesticide, and others.

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Andersons Inc’s Stock Price as of Market Close

As of May 08, 2024, 4:00 PM, CST, Andersons Inc’s stock price was $51.45.

Andersons Inc is down 8.35% from its previous closing price of $56.14.

During the last market session, Andersons Inc’s stock traded between $56.07 and $57.15. Currently, there are 33.75 million shares of Andersons Inc stock available for purchase.

Andersons Inc’s price-earnings (P/E) ratio is currently at 19.2, which is high compared to the Fishing & Farming industry median of 8.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Andersons Inc Stock Price History

Andersons Inc’s (ANDE) price is currently down 6.35% so far this month.

During the month of May, Andersons Inc’s stock price has reached a high of $57.39 and a low of $48.55.

Over the last year, Andersons Inc has hit prices as high as $61.46 and as low as $35.69. Year to date, Andersons Inc’s stock is up 47.04%.

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What Caused Andersons Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 07, 2024, there was 1 analyst who downgraded Andersons Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Andersons Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Andersons Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Andersons Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Andersons Inc (ANDE) by visiting AAII Stock Evaluator.

Relative Price Strength of Andersons Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 07, 2024, Andersons Inc has a weighted four-quarter relative price strength of 5.72%, which translates to a Momentum Score of 79 and is considered to be Strong.

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Andersons Inc Stock Price: Bottom Line

As of May 8, 2024, Andersons Inc’s stock price is $51.45, which is down 8.35% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Andersons Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.