E Daily Stock Analysis: The Andersons
Source: Unsplash
The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista. I will select its twelfth stock this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!
Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)
Today I'll review the fifth of five consumer defensive sector stock candidates vying to be that thirteenth selection in the Vista portfolio.
My subject today is a small-cap food distribution company named Andersons Inc. Its trading ticker symbol is ANDE. This is my first report on Andersons Inc for Vista and while I reviewed for my previous portfolios, I never chose it.
The Andersons Inc is an agriculture company that conducts business in North America.
Its operations are segmented into trade, ethanol, plant nutrient, and rail. The trade group operates grain elevators and generates income through buying and selling grains, fuel, and space leasing. The trade group contributes over half the company's revenue.
The ethanol segment buys and sells corn oil and ethanol, offers facility operations, and invests in ethanol plants. The plant nutrient group manufactures, distributes, and sells fertilizer and plant nutrients. The company's rail segment leases, repairs, and sells railway facilities.
The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.
I use three key data points to gauge dividend equities or funds like The Anderson Inc:
(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether a company has made, is making, and will make money.
ANDE Price
The Andersons price per share closed at $23.04 yesterday. A year ago its price was $23.97. Price is down $0.93 or about 3.9% on the year.
If The Andersons stock trades in the range of $12 to $25 this next year, its recent $23.04 price might rise by $0.96 to reach $24.00 by December 4, 2021.
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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