Cormark Has Positive Outlook of TSE:AFN FY2026 Earnings

Key Points

• Cormark has raised its FY2026 earnings per share (EPS) estimate for Ag Growth International to $6.40, up from $6.38, while also forecasting FY2027 EPS at $7.11.
• Investment firms have varied outlooks on the company, with Raymond James increasing their target price from C$47.00 to C$52.00 and CIBC lowering theirs from C$52.00 to C$49.00.
• Ag Growth International's shares opened at C$41.52 and are currently down 2.9%, having a market cap of C$793.56 million and showing volatility with a beta of 2.29.

Ag Growth International Inc. (TSE:AFN - Free Report) - Investment analysts at Cormark increased their FY2026 EPS estimates for shares of Ag Growth International in a research note issued on Tuesday, August 5th. Cormark analyst K. Mcphee now expects that the company will post earnings of $6.40 per share for the year, up from their prior forecast of $6.38. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share. Cormark also issued estimates for Ag Growth International's FY2027 earnings at $7.11 EPS.

A number of other research firms also recently weighed in on AFN. Raymond James Financial boosted their target price on shares of Ag Growth International from C$47.00 to C$52.00 and gave the stock an "outperform" rating in a report on Tuesday. CIBC lowered their price target on shares of Ag Growth International from C$52.00 to C$49.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. Royal Bank Of Canada raised shares of Ag Growth International from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from C$40.00 to C$50.00 in a research report on Thursday, May 8th. TD Securities increased their target price on shares of Ag Growth International from C$55.00 to C$57.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, ATB Capital increased their target price on shares of Ag Growth International from C$43.00 to C$47.00 and gave the company a "sector perform" rating in a research report on Thursday, June 19th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$50.71.

Ag Growth International Stock Down 2.9%

AFN opened at C$41.52 on Wednesday. The stock has a market cap of C$793.56 million, a price-to-earnings ratio of 33.15, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. Ag Growth International has a fifty-two week low of C$30.81 and a fifty-two week high of C$57.10. The company has a debt-to-equity ratio of 277.31, a quick ratio of 0.84 and a current ratio of 1.41. The firm's fifty day moving average is C$41.39 and its 200 day moving average is C$37.88.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.

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