Andersons Intrinsic Stock Value – ANDERSONS Reports Record Profits of $55 Million for 2nd Quarter of Fiscal Year 2023

August 10, 2023

☀️Earnings Overview

For the second quarter of Fiscal Year 2023, ended June 30 2023, ANDERSONS ($NASDAQ:ANDE) reported total revenue of USD 4020.2 million and net income of USD 55.0 million, representing a decrease of 9.7% and 31.0% from the same period in the prior year, respectively.

Stock Price

On Tuesday, ANDERSONS reported record profits of $55 million for the second quarter of Fiscal Year 2023. The news was met with enthusiasm on the market as ANDERSONS stock opened at $48.6 and closed at $49.8, up by 1.9% from its previous closing price of 48.8. Investors and analysts were pleasantly surprised by the impressive financial performance and the stock saw a steady increase throughout the day. ANDERSONS’ strong financial performance was attributed to the company’s strategic decision making and careful cost control measures. The company’s new product launch as well as its expansion into new markets also contributed to the success of the quarter.

In addition, the cost savings initiatives instituted by ANDERSONS allowed it to generate higher profits than expected. The record profits for ANDERSONS serves as evidence that the company is on the right track towards continued success and growth. This is particularly encouraging considering the turbulent economic conditions we have seen in recent months. Despite challenges, ANDERSONS has managed to exceed expectations and its strong financial performance has been rewarded by investors. The impressive financial performance reported by ANDERSONS shows that the company is well positioned to take advantage of future opportunities and continue to generate strong profits in the months ahead. With its strong financial position, excellent management team and innovative product offerings, ANDERSONS is set to remain a leader in its industry for many years to come. Live Quote…

About the Company

  • ANDERSONS_Reports_Record_Profits_of_55_Million_for_2nd_Quarter_of_Fiscal_Year_2023″>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Andersons. ANDERSONS_Reports_Record_Profits_of_55_Million_for_2nd_Quarter_of_Fiscal_Year_2023″>More…

    Total Revenues Net Income Net Margin
    16.8k 86.07 0.8%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Andersons. ANDERSONS_Reports_Record_Profits_of_55_Million_for_2nd_Quarter_of_Fiscal_Year_2023″>More…

    Operations Investing Financing
    1.22k -94.48 -1.11k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Andersons. ANDERSONS_Reports_Record_Profits_of_55_Million_for_2nd_Quarter_of_Fiscal_Year_2023″>More…

    Total Assets Total Liabilities Book Value Per Share
    3.57k 2.13k 34.67
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Andersons are shown below. ANDERSONS_Reports_Record_Profits_of_55_Million_for_2nd_Quarter_of_Fiscal_Year_2023″>More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    30.2% 249.3% 1.0%
    FCF Margin ROE ROA
    6.4% 8.8% 2.9%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Andersons Intrinsic Stock Value

    GoodWhale has conducted a thorough analysis of ANDERSONS‘s fundamentals and we share our findings below. Our proprietary Valuation Line suggests that the intrinsic value of ANDERSONS share is around $43.0. Currently, the stock is traded at $49.8, which is a fair price, albeit it is slightly overvalued by 15.9%. We believe that investors should be mindful of this fact when deciding whether to buy the stock or not. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The supermarket industry is highly competitive, with Andersons Inc. facing tough competition from Atacadao SA, Fix Price Group Ltd, and Rallye SA. All four companies are vying for market share in the highly competitive supermarket industry.

    – Atacadao SA ($OTCPK:ATAAY)

    Atacadao SA is a Brazilian company that operates as a wholesale distributor of food and non-food products. The company has a market cap of 7.72B as of 2022 and a return on equity of 19.02%. Atacadao SA operates in the food and beverage industry and offers a wide range of products, including groceries, household items, and personal care products. The company has a strong presence in Brazil, with over 1,000 stores in the country.

    – Fix Price Group Ltd ($LTS:0K9N)

    Rallye SA is a holding company that operates in the retail, distribution, and services sectors in France. The company has a market cap of 137.34M as of 2022 and a Return on Equity of -15.9%. The company’s retail segment operates hypermarkets, supermarkets, and convenience stores. The distribution segment provides logistics and transportation services. The services segment offers customer loyalty programs, insurance, and financing services.


    ANDERSONS reported total revenue of USD 4020.2 million for the second quarter of Fiscal Year 2023, down 9.7% year-over-year. Net income was USD 55.0 million, a decrease of 31.0% compared to the same period in the prior year. This shows a weakening trend in the company’s performance. Investors should closely monitor the company’s upcoming financial reports to gauge its overall profitability and growth potential.

    Additionally, they should be aware of additional factors such as management team changes and industry trends to get an understanding of the company’s true value.

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