Atb Cap Markets Has Negative Outlook for TSE:AFN Q2 Earnings

Ag Growth International Inc. (TSE:AFN - Free Report) - Research analysts at Atb Cap Markets cut their Q2 2025 earnings estimates for shares of Ag Growth International in a note issued to investors on Wednesday, May 7th. Atb Cap Markets analyst T. Monachello now expects that the company will post earnings per share of $0.48 for the quarter, down from their prior estimate of $0.54. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share. Atb Cap Markets also issued estimates for Ag Growth International's FY2026 earnings at $4.19 EPS.

AFN has been the subject of a number of other reports. ATB Capital lowered their price target on Ag Growth International from C$46.00 to C$43.00 and set a "sector perform" rating for the company in a research report on Wednesday, May 7th. Royal Bank of Canada upgraded shares of Ag Growth International from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from C$40.00 to C$50.00 in a report on Thursday. Raymond James upgraded shares of Ag Growth International from a "market perform" rating to an "outperform" rating and cut their price target for the company from C$52.00 to C$47.00 in a report on Friday, March 7th. CIBC decreased their price objective 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 note on Wednesday, May 7th. Finally, National Bankshares upped their target price on Ag Growth International from C$49.00 to C$51.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$47.86.

Ag Growth International Trading Up 1.3%

Shares of TSE:AFN traded up C$0.52 during trading on Friday, hitting C$39.24. The company had a trading volume of 56,370 shares, compared to its average volume of 113,983. The stock has a market cap of C$749.98 million, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84. The company has a fifty day simple moving average of C$34.29 and a two-hundred day simple moving average of C$42.00. Ag Growth International has a one year low of C$30.81 and a one year high of C$58.14.

Insider Activity at Ag Growth International

In other Ag Growth International news, Director Anne De Greef-Safft purchased 2,000 shares of Ag Growth International stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of C$36.99 per share, with a total value of C$73,985.00. Also, Director Janet Giesselman acquired 6,000 shares of the stock in a transaction dated Friday, March 7th. The stock was acquired at an average cost of C$36.35 per share, with a total value of C$218,076.00. Insiders bought 12,000 shares of company stock worth $436,101 over the last three months. 1.06% of the stock is owned by corporate insiders.

Ag Growth International Announces Dividend

The company also recently disclosed 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 dividend yield of 1.53%. Ag Growth International's payout ratio is currently 47.90%.

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.