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Agco (AGCO)
NYSE:AGCO
Agco (AGCO) Stock Price & Analysis
745 Followers
AGCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$105.51 - $139.08
Previous Close$112.03
Volume873.70K
Average Volume (3M)723.93K
Market Cap
$8.36B
Enterprise Value$9.76B
Total Cash (Recent Filing)$2.46B
Total Debt (Recent Filing)$3.86B
Price to Earnings (P/E)7.6
Beta1.20
Next Earnings
Jul 25, 2024EPS Estimate
$3.19Last Dividend Ex-Date
May 17, 2024Dividend Yield0.98%
Share Statistics
EPS (TTM)14.78
Shares Outstanding74,619,501
10 Day Avg. Volume852,419
30 Day Avg. Volume723,929
Standard Deviation0.10
R-Squared0.47
Alpha0.00231
Financial Highlights & Ratios
Price to Book (P/B)2.66
Price to Sales (P/S)2.80
Price to Cash Flow (P/CF)-5.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.70
Enterprise Value/Gross Profit2.58
Enterprise Value/Ebitda5.79
Forecast
1Y Price Target
$133.70Price Target Upside21.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Agco News
PremiumCompany Announcements
AGCO Names Indira Agarwal New VP and Chief Accounting Officer
PremiumPress Releases
AGCO REPORTS FIRST-QUARTER RESULTSPremiumCompany Announcements
Agco Ends Major Partnership with TAFE, Maintains Shares
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceRecurring EPS of $2.32 was above analyst estimates and FactSet consensus, showcasing AGCO's strong financial performance.
Growth ProspectsAGCO's acquisition of an 85% share in a Precision Agriculture joint venture with Trimble indicates expansion and potential growth in a specialized market.
Strategic PositioningThe joint venture with Trimble allows AGCO to acquire a significant stake in Trimble's agricultural assets and technologies, which should strengthen AGCO's product lineup and market position.
Bears Say
Financial PerformanceOrganic guidance reduction and tax headwinds suggest challenges to future earnings.
Joint Venture ImpactThe Trimble JV is expected to be slightly dilutive to FY24 earnings.
Market DynamicsNorth America tractor sales down 10%, indicating a more pessimistic industry forecast.
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Ownership Overview
31.93% Insiders
25.15% Mutual Funds
42.50% Other Institutional Investors
0.42% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AGCO FAQ
What was Agco’s price range in the past 12 months?
Agco lowest stock price was $105.50 and its highest was $139.08 in the past 12 months.
What is Agco’s market cap?
Currently, no data Available
When is Agco’s upcoming earnings report date?
Agco’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were Agco’s earnings last quarter?
Agco released its earnings results on May 02, 2024. The company reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.258 by $0.062.
Is Agco overvalued?
According to Wall Street analysts Agco’s price is currently Undervalued.
Does Agco pay dividends?
Agco pays a Notavailable dividend of $2.5 which represents an annual dividend yield of 0.98%. See more information on Agco dividends here
What is Agco’s EPS estimate?
Agco’s EPS estimate is $3.19.
How many shares outstanding does Agco have?
Agco has 74,619,500 shares outstanding.
What happened to Agco’s price movement after its last earnings report?
Agco reported an EPS of $2.32 in its last earnings report, beating expectations of $2.258. Following the earnings report the stock price went down -1.35%.
Which hedge fund is a major shareholder of Agco?
Among the largest hedge funds holding Agco’s share is Davis Selected Advisers. It holds Agco’s shares valued at 184M.
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Agco Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$133.70 (21.52% Upside)
$133.70 (21.52% Upside)
Blogger Sentiment
Bullish
AGCO Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 7.1%
Last 30 Days ▼ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.51%
12-Months-Change
Fundamentals
Return on Equity
24.91%
Trailing 12-Months
Asset Growth
24.49%
Trailing 12-Months
Company Description
Agco
AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. Its products include tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. It operates through the following segments: North America; South America; Europe and Middle East; and Asia Pacific and Africa. The Asia/Pacific/Africa segment includes the regions of Australia and New Zealand. The company was founded by Robert J. Ratliff in 1990 and is headquartered in Duluth, GA.
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AGCO Company Deck
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AGCO Earnings Call
Q1 2024
0:00 / 0:00
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AGCO Stock 12 Month Forecast
Average Price Target
$133.70
▲(21.52% Upside)
Technical Analysis
Best Analysts Covering AGCO
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+15.81%
assigned a buy rating 2 months ago
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 70.37% of your transactions generating a profit, with an average return of +15.81% per trade.
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