FY2025 Earnings Forecast for TSE:AFN Issued By Desjardins

Key Points

• Desjardins has reduced its FY2025 EPS estimate for Ag Growth International from $3.46 to $3.10, maintaining a "Buy" rating with a target price of $49.00.
• Ag Growth International's consensus earnings estimate for the current year stands at $6.58 per share, while projections for FY2027 earnings are estimated at $5.68 EPS.
• Multiple analysts, including National Bankshares and TD Securities, have adjusted their target prices, most recently ranging from C$49.00 to C$55.00, indicating a generally positive outlook on the stock.

Ag Growth International Inc. (TSE:AFN - Free Report) - Stock analysts at Desjardins cut their FY2025 EPS estimates for Ag Growth International in a research note issued to investors on Friday, August 1st. Desjardins analyst G. Ho now forecasts that the company will earn $3.10 per share for the year, down from their previous forecast of $3.46. Desjardins has a "Buy" rating and a $49.00 price target on the stock. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share. Desjardins also issued estimates for Ag Growth International's FY2027 earnings at $5.68 EPS.

AFN has been the topic of a number of other reports. National Bankshares increased their target price on shares of Ag Growth International from C$49.00 to C$51.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. TD Securities increased their target price on shares of Ag Growth International from C$48.00 to C$55.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. ATB Capital increased their target price on shares of Ag Growth International from C$43.00 to C$47.00 and gave the stock a "sector perform" rating in a report on Thursday, June 19th. Royal Bank Of Canada raised shares of Ag Growth International from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from C$40.00 to C$50.00 in a report on Thursday, May 8th. Finally, CIBC dropped their target price on shares of Ag Growth International from C$52.00 to C$49.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Ag Growth International presently has an average rating of "Moderate Buy" and an average price target of C$49.71.

Ag Growth International Trading Up 2.2%

AFN opened at C$42.75 on Monday. The stock has a market capitalization of C$817.07 million, a PE ratio of 34.13, a P/E/G ratio of 1.30 and a beta of 2.29. Ag Growth International has a 12-month low of C$30.81 and a 12-month high of C$57.10. The firm's fifty day moving average price is C$41.26 and its 200 day moving average price is C$37.84. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84.

About Ag Growth International

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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