Adecoagro (AGRO) Stock Price, News & Analysis

Company Overview

Adecoagro S.A. operates as an agro-industrial company in South America. The company mainly operates through three segments: Farming; Sugar, Ethanol and Energy; and Land Transformation. It engages in farming crops, rice and other agricultural products, dairy operations, and land transformation activities, as well as sugar, ethanol, and energy production activities. The company is involved in the planting, harvesting, and sale of grains, oilseeds, and fibers, including wheat, corn, soybeans, peanuts, cotton, sunflowers, and others; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties. It also plants, harvests, processes, and markets rice; and produces and sells raw milk, UHT, cheese, and powder milk. In addition, the company engages in the cultivating and transforming of sugarcane into ethanol, sugar, and electricity. Further, it is involved in the identification and acquisition of underdeveloped and undermanaged farmland, and the realization of value through the strategic disposition of assets. Adecoagro S.A. was founded in 2002 and is based in Luxembourg, Luxembourg.

Key Stats

• Today's Range: $11.31 to $11.65
• 50-Day Range: $9.04 to $11.64
• 52-Week Range: $8.72 to $12.51
• Volume: 1.31 million shs
• Average Volume: 737,549 shs
• Market Capitalization: $1.19 billion
• P/E Ratio: 4.84
• Dividend Yield: 2.89%
• Price Target: $12.63
• Consensus Rating: Hold

Adecoagro Stock Analysis - MarketRank™

Adecoagro scored higher than 62% of companies evaluated by MarketBeat, and ranked 108th out of 150 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Adecoagro has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -14.38%

Earnings Growth

Earnings for Adecoagro are expected to decrease by -14.38% in the coming year, from $1.53 to $1.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Adecoagro is 4.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.27.

Price to Earnings Ratio vs. Sector

The P/E ratio of Adecoagro is 4.84, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.71.

Price to Earnings Growth Ratio

Adecoagro has a PEG Ratio of 1.19. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Adecoagro has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.57% of the float of Adecoagro has been sold short.

Short Interest Ratio / Days to Cover

Adecoagro has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Adecoagro has recently decreased by 20.43%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Adecoagro pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Adecoagro does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Adecoagro is 13.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Adecoagro will have a dividend payout ratio of 25.19% next year. This indicates that Adecoagro will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.57% of the float of Adecoagro has been sold short.

Short Interest Ratio / Days to Cover

Adecoagro has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Adecoagro has recently decreased by 20.43%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.18

News Sentiment

Adecoagro has a news sentiment score of -0.18. 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 lower news sentiment than the 0.61 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Adecoagro this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for AGRO on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Adecoagro to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Adecoagro insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.70% of the stock of Adecoagro is held by insiders.

Percentage Held by Institutions

45.25% of the stock of Adecoagro is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AGRO Stock Analysis - Frequently Asked Questions

How have AGRO shares performed this year?

Adecoagro's stock was trading at $11.10 at the beginning of the year. Since then, AGRO stock has increased by 3.0% and is now trading at $11.43.
View the best growth stocks for 2024 here.

How were Adecoagro's earnings last quarter?

Adecoagro S.A. (NYSE:AGRO) announced its earnings results on Monday, August, 12th. The company reported $1.03 earnings per share (EPS) for the quarter. The company earned $411.42 million during the quarter. Adecoagro had a net margin of 16.28% and a trailing twelve-month return on equity of 14.91%.

Who are Adecoagro's major shareholders?

Top institutional investors of Adecoagro include Herr Investment Group LLC (2.54%), Helikon Investments Ltd (2.48%), Discovery Capital Management LLC CT (2.28%) and Westwood Global Investments LLC (1.72%).

How do I buy shares of Adecoagro?

Shares of AGRO 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.

What other stocks do shareholders of Adecoagro own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Adecoagro investors own include Sorrento Therapeutics (SRNE), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Hallador Energy (HNRG), Matinas BioPharma (MTNB) and Organigram (OGI).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Agricultural production - crops
• Sub-Industry: N/A
• Current Symbol: NYSE:AGRO
• CUSIP: N/A
• CIK: 1499505
• Web: www.adecoagro.com
• Phone: (522) 644-9372
• Fax: N/A
• Employees: 9,762
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.63
• High Stock Price Target: $14.50
• Low Stock Price Target: $11.50
• Potential Upside/Downside: +10.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.36
• Trailing P/E Ratio: 4.84
• Forward P/E Ratio: 7.47
• P/E Growth: 1.19
• Net Income: $226.29 million
• Net Margins: 16.28%
• Pretax Margin: 15.94%
• Return on Equity: 14.91%
• Return on Assets: 6.22%

Debt

• Debt-to-Equity Ratio: 0.48
• Current Ratio: 2.42
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $1.32 billion
• Price / Sales: 0.90
• Cash Flow: $4.07 per share
• Price / Cash Flow: 2.81
• Book Value: $11.92 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 104,135,000
• Free Float: 97,158,000
• Market Cap: $1.19 billion
• Optionable: Optionable
• Beta: 1.08