TSE:AFN FY2026 EPS Lowered by National Bank Financial

Ag Growth International Inc. (TSE:AFN - Free Report) - Analysts at National Bank Financial reduced their FY2026 earnings estimates for shares of Ag Growth International in a research report issued to clients and investors on Tuesday, May 6th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings per share of $2.84 for the year, down from their prior estimate of $2.93. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share.

A number of other research analysts have also weighed in on the stock. Atb Cap Markets lowered shares of Ag Growth International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 14th. TD Securities lifted their price objective on shares of Ag Growth International from C$46.00 to C$48.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. CIBC decreased their price target on Ag Growth International from C$52.00 to C$49.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. ATB Capital cut their price objective on Ag Growth International from C$46.00 to C$43.00 and set a "sector perform" rating on the stock in a research report on Wednesday, May 7th. Finally, Raymond James upgraded Ag Growth International from a "market perform" rating to an "outperform" rating and reduced their target price for the stock from C$52.00 to C$47.00 in a research note on Friday, March 7th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$47.86.

Ag Growth International Stock Performance

TSE AFN traded up C$0.17 on Thursday, reaching C$39.41. 35,861 shares of the stock were exchanged, compared to its average volume of 113,112. The company's 50-day simple moving average is C$34.29 and its two-hundred day simple moving average is C$42.00. Ag Growth International has a one year low of C$30.81 and a one year high of C$58.14. The company has a current ratio of 1.41, a quick ratio of 0.84 and a debt-to-equity ratio of 277.31. The firm has a market capitalization of C$753.23 million, a PE ratio of 31.47, a PEG ratio of 1.30 and a beta of 2.29.

Ag Growth International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.60 annualized dividend and a yield of 1.52%. Ag Growth International's dividend payout ratio (DPR) is presently 47.90%.

Insider Transactions at Ag Growth International

In other Ag Growth International news, Senior Officer Paul David Householder bought 4,000 shares of the stock in a transaction on Friday, March 7th. The shares were bought at an average price of C$36.01 per share, with a total value of C$144,040.00. Also, Director Anne De Greef-Safft purchased 2,000 shares of Ag Growth International stock in a transaction dated Wednesday, March 12th. The shares were bought at an average price of C$36.99 per share, for a total transaction of C$73,985.00. Insiders have bought 12,000 shares of company stock valued at $436,101 in the last 90 days. 1.06% of the stock is currently owned by company insiders.

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.