What is Zacks Research's Forecast for AGCO Q1 Earnings?

Key Points

• Zacks Research has raised its Q1 2027 earnings estimate for AGCO Corporation to $1.54 per share, up from a previous forecast of $1.53, maintaining a "Strong-Buy" rating on the stock.
• AGCO's stock has attracted various ratings, with one analyst giving a Strong Buy rating, while the consensus rating is "Hold" with a price target of $109.38.
• The company's board approved a $1 billion stock repurchase program, indicating that they believe the stock is undervalued.

AGCO Corporation (NYSE:AGCO - Free Report) - Equities researchers at Zacks Research increased their Q1 2027 earnings estimates for AGCO in a research report issued to clients and investors on Thursday, September 4th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.54 per share for the quarter, up from their prior forecast of $1.53. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for AGCO's current full-year earnings is $4.20 per share.

AGCO has been the subject of a number of other reports. Wall Street Zen upgraded shares of AGCO from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Oppenheimer lifted their price target on shares of AGCO from $108.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. Citigroup reiterated a "neutral" rating and issued a $110.00 price target on shares of AGCO in a research note on Friday, May 30th. JPMorgan Chase & Co. cut their target price on shares of AGCO from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Tuesday, September 2nd. Finally, Morgan Stanley boosted their target price on shares of AGCO from $75.00 to $84.00 and gave the company an "underweight" rating in a research report on Monday, May 12th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $109.38.

AGCO Stock Performance

Shares of AGCO stock opened at $111.04 on Monday. The company has a 50 day moving average price of $110.70 and a 200-day moving average price of $100.48. AGCO has a 52 week low of $73.79 and a 52 week high of $121.16. The firm has a market capitalization of $8.29 billion, a PE ratio of 82.87, a P/E/G ratio of 1.75 and a beta of 1.20. The company has a quick ratio of 0.67, a current ratio of 1.48 and a debt-to-equity ratio of 0.66.

AGCO (NYSE:AGCO - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.35 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.29. AGCO had a net margin of 0.98% and a return on equity of 8.27%. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the business posted $2.53 earnings per share. The business's revenue for the quarter was down 18.8% on a year-over-year basis. AGCO has set its FY 2025 guidance at 4.750-5.00 EPS.

AGCO declared that its board has approved a stock repurchase program on Wednesday, July 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 12.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued.

AGCO Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.16 annualized dividend and a yield of 1.0%. AGCO's payout ratio is currently 86.57%.

Insiders Place Their Bets

In other AGCO news, SVP Luis Fernando Sartini Felli sold 10,000 shares of AGCO stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $109.40, for a total transaction of $1,094,000.00. Following the transaction, the senior vice president owned 16,189 shares of the company's stock, valued at $1,771,076.60. The trade was a 38.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 16.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AGCO

Hedge funds have recently modified their holdings of the stock. Citizens National Bank Trust Department lifted its holdings in shares of AGCO by 400.0% in the first quarter. Citizens National Bank Trust Department now owns 300 shares of the industrial products company's stock worth $28,000 after buying an additional 240 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of AGCO by 951.9% in the second quarter. EverSource Wealth Advisors LLC now owns 284 shares of the industrial products company's stock worth $29,000 after buying an additional 257 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of AGCO in the first quarter worth $32,000. Geneos Wealth Management Inc. lifted its holdings in shares of AGCO by 109.2% in the first quarter. Geneos Wealth Management Inc. now owns 364 shares of the industrial products company's stock worth $34,000 after buying an additional 190 shares in the last quarter. Finally, Quarry LP purchased a new position in shares of AGCO in the first quarter worth $37,000. Hedge funds and other institutional investors own 78.80% of the company's stock.

AGCO Company Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.

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