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NYSE:AGCO

AGCO (AGCO) Stock Price, News & Analysis

AGCO logo
$99.84
-0.67 (-0.67%)
(As of 10/31/2024 ET)

About AGCO Stock (NYSE:AGCO)

Key Stats

Today's Range
$99.06
$101.02
50-Day Range
$87.56
$101.85
52-Week Range
$84.35
$130.26
Volume
622,024 shs
Average Volume
759,389 shs
Market Capitalization
$7.45 billion
P/E Ratio
17.83
Dividend Yield
1.16%
Price Target
$117.80
Consensus Rating
Hold

Company Overview

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, GSI, Massey Ferguson, Precision Planting, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

AGCO Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
90th Percentile Overall Score

AGCO MarketRank™: 

AGCO scored higher than 90% of companies evaluated by MarketBeat, and ranked 37th out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AGCO has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    AGCO has only been the subject of 3 research reports in the past 90 days.

  • Read more about AGCO's stock forecast and price target.
  • Earnings Growth

    Earnings for AGCO are expected to decrease by -3.37% in the coming year, from $8.00 to $7.73 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AGCO is 17.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AGCO is 17.93, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.47.

  • Price to Earnings Growth Ratio

    AGCO has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    AGCO has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about AGCO's valuation and earnings.
  • Percentage of Shares Shorted

    5.92% of the float of AGCO has been sold short.
  • Short Interest Ratio / Days to Cover

    AGCO has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in AGCO has recently increased by 3.67%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    AGCO pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    AGCO has been increasing its dividend for 11 years.

  • Dividend Coverage

    The dividend payout ratio of AGCO is 7.85%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, AGCO will have a dividend payout ratio of 15.01% next year. This indicates that AGCO will be able to sustain or increase its dividend.

  • Read more about AGCO's dividend.
  • Percentage of Shares Shorted

    5.92% of the float of AGCO has been sold short.
  • Short Interest Ratio / Days to Cover

    AGCO has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in AGCO has recently increased by 3.67%, indicating that investor sentiment is decreasing.
  • News Sentiment

    AGCO has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for AGCO this week, compared to 10 articles on an average week.
  • Search Interest

    4 people have searched for AGCO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added AGCO to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AGCO insiders have bought more of their company's stock than they have sold. Specifically, they have bought $282,674.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    16.60% of the stock of AGCO is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    78.80% of the stock of AGCO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AGCO's insider trading history.
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AGCO Stock News Headlines

AGCO Co. (NYSE:AGCO) Receives $117.80 Consensus PT from Brokerages
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
AGCO ANNOUNCES QUARTERLY DIVIDEND
See More Headlines

AGCO Stock Analysis - Frequently Asked Questions

AGCO's stock was trading at $121.41 at the beginning of the year. Since then, AGCO shares have decreased by 17.3% and is now trading at $100.43.
View the best growth stocks for 2024 here
.

AGCO Co. (NYSE:AGCO) posted its quarterly earnings results on Tuesday, July, 30th. The industrial products company reported $2.53 earnings per share for the quarter, missing analysts' consensus estimates of $2.90 by $0.37. The firm's revenue was down 15.1% compared to the same quarter last year.

Top institutional investors of AGCO include DekaBank Deutsche Girozentrale (1.33%), Handelsbanken Fonder AB (0.44%), Raymond James & Associates (0.23%) and Van ECK Associates Corp (0.23%). Insiders that own company stock include Andrew H Beck, Robert B Crain, Torsten Rudolf Willi Dehner, Michael C Arnold, Luis Fernando Sartini Felli, George E Minnich and Lara Thrush Long.
View institutional ownership trends
.

Shares of AGCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that AGCO investors own include Salesforce (CRM), AbbVie (ABBV), Chevron (CVX), QUALCOMM (QCOM), Coca-Cola (KO), Manhattan Associates (MANH) and ConocoPhillips (COP).

Company Calendar

Last Earnings
7/30/2024
Ex-Dividend for 9/16 Dividend
8/15/2024
Dividend Payable
9/16/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/05/2024
Ex-Dividend for 12/16 Dividend
11/15/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
00108410
Employees
27,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$117.80
High Stock Price Target
$153.00
Low Stock Price Target
$96.00
Potential Upside/Downside
+18.0%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$1.17 billion
Pretax Margin
3.49%

Debt

Sales & Book Value

Annual Sales
$13.43 billion
Cash Flow
$19.93 per share
Book Value
$62.19 per share

Miscellaneous

Free Float
62,251,000
Market Cap
$7.45 billion
Optionable
Optionable
Beta
1.25

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This page (NYSE:AGCO) was last updated on 10/31/2024 by MarketBeat.com Staff
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