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Agco (AGCO)
NYSE:AGCO
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AGCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$84.35 - $130.26
Previous Close$95.83
Volume131.20K
Average Volume (3M)861.71K
Market Cap
$7.10B
Enterprise Value$11.04B
Total Cash (Recent Filing)$657.30M
Total Debt (Recent Filing)$4.04B
Price to Earnings (P/E)17.1
Beta1.10
Next Earnings
Oct 29, 2024EPS Estimate
$1.14Last Dividend Ex-Date
Aug 15, 2024Dividend Yield1.24%
Share Statistics
EPS (TTM)5.60
Shares Outstanding74,642,303
10 Day Avg. Volume660,818
30 Day Avg. Volume861,712
Standard Deviation0.10
R-Squared0.41
Alpha-0.00261
Financial Highlights & Ratios
Price to Book (P/B)1.76
Price to Sales (P/S)0.52
Price to Cash Flow (P/CF)7.40
P/FCF Ratio12.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.82
Enterprise Value/Gross Profit2.92
Enterprise Value/Ebitda6.98
Forecast
1Y Price Target
$112.18Price Target Upside18.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Agco News
Bulls Say, Bears Say
Bulls Say
Divestiture BenefitsThe divestiture will provide AGCO net proceeds to shore up the balance sheet and further invest in its in-house tech capabilities, leading to long-term outgrowth and margin expansion.
Production StrategyProduction cut announcement is a positive cyclical development that could ultimately accelerate the normalization in used equipment inventories.
Technology IntegrationTrimble PTx integration progressing well with more than 200 CNH dealers signed up, likely to emerge as a credible alternative to JD Operations Center.
Bears Say
Financial PerformanceAGCO lowered 2024 guidance for sales, operating margins, and EPS.
Inventory ManagementDealer inventories in North America are now at eight months, remaining above the target level of four months for large ag.
Market ConditionsThe ag equipment industry inventory, sales, and margins are still deteriorating, particularly in the Americas.
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Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
AGCO FAQ
What was Agco’s price range in the past 12 months?
Agco lowest stock price was $84.35 and its highest was $130.25 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 Oct 29, 2024 which is in 38 days.
How were Agco’s earnings last quarter?
Agco released its earnings results on Jul 30, 2024. The company reported $2.53 earnings per share for the quarter, missing the consensus estimate of $2.899 by -$0.369.
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 1.24%. See more information on Agco dividends here
What is Agco’s EPS estimate?
Agco’s EPS estimate is $1.14.
How many shares outstanding does Agco have?
Agco has 74,642,300 shares outstanding.
What happened to Agco’s price movement after its last earnings report?
Agco reported an EPS of $2.53 in its last earnings report, missing expectations of $2.899. Following the earnings report the stock price went down -5.703%.
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 133M.
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Agco Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$112.18 (18.00% Upside)
$112.18 (18.00% Upside)
Blogger Sentiment
Bullish
AGCO Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 170.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $407.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.26%
12-Months-Change
Fundamentals
Return on Equity
10.27%
Trailing 12-Months
Asset Growth
19.49%
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
Q2 2024
0:00 / 0:00
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AGCO Stock 12 Month Forecast
Average Price Target
$112.18
▲(18.00% Upside)
Technical Analysis
Best Analysts Covering AGCO
1 Year
1 Year Success Rate
18/29 ratings generated profit
1 Year Average Return
+12.16%
reiterated a buy rating 3 months ago
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 62.07% of your transactions generating a profit, with an average return of +12.16% per trade.
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