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Agco (AGCO)
NYSE:AGCO
Agco (AGCO) Stock Price & Analysis
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AGCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$105.77 - $139.43
Previous Close$116.24
Volume238.78K
Average Volume (3M)697.70K
Market Cap
$8.68B
Enterprise Value$9.60B
Total Cash (Recent Filing)$595.50M
Total Debt (Recent Filing)$1.53B
Price to Earnings (P/E)7.4
Beta1.21
Next Earnings
May 02, 2024EPS Estimate
$2.27Last Dividend Ex-Date
Feb 14, 2024Dividend Yield0.99%
Share Statistics
EPS (TTM)15.63
Shares Outstanding74,617,874
10 Day Avg. Volume561,681
30 Day Avg. Volume697,702
Standard Deviation0.10
R-Squared0.46
Alpha0.00216
Financial Highlights & Ratios
Price to Book (P/B)2.92
Price to Sales (P/S)2.30
Price to Cash Flow (P/CF)2.50
P/FCF Ratio3.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit2.54
Enterprise Value/Ebitda5.84
Forecast
1Y Price Target
$140.58Price Target Upside20.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Agco News
PremiumCompany Announcements
AGCO Expands Market Position with Trimble Joint Venture
Bulls Say, Bears Say
Bulls Say
Earnings PotentialThe Precision Agriculture joint venture is anticipated to contribute significant operating income quarterly, showcasing AGCO's solid earnings potential.
Stock PerformanceWith an analyst's price target suggesting confidence in the stock, AGCO's focus on growth strategies, especially in Precision Agriculture, presents a promising outlook for investors.
Strategic ExpansionAGCO's acquisition of an 85% share in a Precision Agriculture joint venture with Trimble demonstrates a strategic expansion into a specialized market that could drive future growth.
Bears Say
Increased CostsThe deal's financing, including a combination of debt issuance and loans, adds significant interest costs that are expected to make the transaction initially dilutive to AGCO's earnings.
Market UncertaintyConcerns exist about being early in the downturn, indicating uncertainty about the timing of market recovery.
Revenue DeclineTrimble Ag revenues were expected down 45% year over year, with a significant part of the decline attributed to market headwinds and CNHI channel transition.
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Ownership Overview
31.91% Insiders
24.92% Mutual Funds
23.09% Other Institutional Investors
20.08% 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 $105.77 and its highest was $139.43 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 May 02, 2024 which is in 13 days.
How were Agco’s earnings last quarter?
Agco released its earnings results on Feb 06, 2024. The company reported $3.78 earnings per share for the quarter, missing the consensus estimate of $4.024 by -$0.244.
Is Agco overvalued?
According to Wall Street analysts Agco’s price is currently Undervalued.
Does Agco pay dividends?
Agco pays a Notavailable dividend of $0.29 which represents an annual dividend yield of 0.99%. See more information on Agco dividends here
What is Agco’s EPS estimate?
Agco’s EPS estimate is $2.27.
How many shares outstanding does Agco have?
Agco has 74,617,990 shares outstanding.
What happened to Agco’s price movement after its last earnings report?
Agco reported an EPS of $3.78 in its last earnings report, missing expectations of $4.024. Following the earnings report the stock price went up 1.045%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$140.58 (20.86% Upside)
$140.58 (20.86% 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 ▼ 0.9%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.44%
12-Months-Change
Fundamentals
Return on Equity
27.44%
Trailing 12-Months
Asset Growth
13.04%
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
Q4 2024
0:00 / 0:00
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AGCO Stock 12 Months Forecast
Average Price Target
$140.58
▲(20.86% Upside)
Technical Analysis
Best Analysts Covering AGCO
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+16.39%
assigned a buy rating 23 days 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 +16.39% per trade.
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