NASDAQ:AGFS - AgroFresh Solutions Stock Price, Forecast & News

$2.49

-0.16 (-6.04 %)

(As of 01/17/2020 04:00 PM ET)

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Today's Range

$2.46

Now: $2.49▼

$2.64

50-Day Range

$2.33

MA: $2.56▼

$2.78

52-Week Range

$1.33

Now: $2.49▼

$5.10

Volume75,445 shs

Average Volume50,741 shs

Market Capitalization$126.89 million

P/E RatioN/A

Dividend YieldN/A

Beta0.65

AgroFresh Solutions, Inc provides data-driven solutions worldwide. The company uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. Its solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, plums, persimmons avocados, and bananas, as well as flowers. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Holding & other investment offices

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNASDAQ:AGFS

Previous Symbol

CUSIPN/A

CIK1592016

Webhttp://www.agrofresh.com/

Phone267-317-9139

Debt

Debt-to-Equity Ratio1.17

Current Ratio2.13

Quick Ratio1.74

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$178.79 million

Price / Sales0.71

Cash Flow$0.48 per share

Price / Cash Flow5.23

Book Value$7.30 per share

Price / Book0.34

Profitability

EPS (Most Recent Fiscal Year)($0.56)

Net Income$-30,060,000.00

Net Margins-20.80%

Return on Equity-8.99%

Return on Assets-3.61%

Miscellaneous

Employees285

Outstanding Shares50,960,000

Market Cap$126.89 million

Next Earnings Date3/9/2020 (Estimated)

OptionableOptionable

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AgroFresh Solutions (NASDAQ:AGFS) Frequently Asked Questions

What is AgroFresh Solutions' stock symbol?

AgroFresh Solutions trades on the NASDAQ under the ticker symbol "AGFS."

How were AgroFresh Solutions' earnings last quarter?

AgroFresh Solutions Inc (NASDAQ:AGFS) released its earnings results on Thursday, November, 7th. The basic materials company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.14. The basic materials company earned $48.97 million during the quarter, compared to the consensus estimate of $70.36 million. AgroFresh Solutions had a negative net margin of 20.80% and a negative return on equity of 8.99%. View AgroFresh Solutions' Earnings History.

When is AgroFresh Solutions' next earnings date?

AgroFresh Solutions is scheduled to release their next quarterly earnings announcement on Monday, March 9th 2020. View Earnings Estimates for AgroFresh Solutions.

What guidance has AgroFresh Solutions issued on next quarter's earnings?

AgroFresh Solutions updated its FY 2019 Pre-Market earnings guidance on Tuesday, January, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $170-170 million, compared to the consensus revenue estimate of $176.41 million.

What price target have analysts set for AGFS?

3 Wall Street analysts have issued 12-month target prices for AgroFresh Solutions' stock. Their forecasts range from $5.00 to $6.00. On average, they anticipate AgroFresh Solutions' share price to reach $5.50 in the next twelve months. This suggests a possible upside of 120.9% from the stock's current price. View Analyst Price Targets for AgroFresh Solutions.

What is the consensus analysts' recommendation for AgroFresh Solutions?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AgroFresh Solutions in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for AgroFresh Solutions.

What are Wall Street analysts saying about AgroFresh Solutions stock?

Here are some recent quotes from research analysts about AgroFresh Solutions stock:

1. According to Zacks Investment Research, "AgroFresh Solutions, Inc. is engaged in providing data driven specialty chemical solutions. Its flagship product is the SmartFresh(TM) Quality System, a freshness protection technology proven to maintain firmness, texture and appearance of fruits during storage and transport. AgroFresh Solutions, Inc., formerly known as Boulevard Acquisition Corp., is headquartered in Collegeville, Pennsylvania. " (1/13/2020)
2. National Securities analysts commented, " Second Quarter Results. Revenue of $21.2 million beat consensus estimates of $18.9 million, and represented growth of 15%, and 17% on a constant currency basis, as compared to our low-to-mid single digit growth outlook. Margins held firm and free cash flow improved $0.08 per share.
 Debt Outlook. $2.1 million of debt was repaid in the quarter, and on the earnings call management stressed that deleveraging and debt restructuring is its highest priority. We believe the company remains well positioned to deliver roughly $30 million of annual free cash flows in both 2019 and 2020, $40 million of which we believe can be used to improve the $370 million net debt position
 Tailwinds Entering Second Half. The Washington apple harvest appears to be poised for a meaningful rebound, with industry estimates up 18% from 2018. While we expected a recovery from a depressed 2018 harvest, this level would exceed our expectations and would represent the largest harvest since 2014. While AGFS has diversified its revenue base, this harvest still represents the single largest second revenue contributor, and given that AGFS products are based on volume we believe this can be a meaningful catalyst for the third and fourth quarters.
 Depressed Valuation With Meaningful Upside. While we acknowledge risks from the capital structure, we believe the stock has gone well into oversold territory. Given an improving revenue line with strong and stable margins, we believe the company is strong enough to service and restructure its debt. With multiples based on our 2020 estimates of 6.1x on an EV/EBITDA basis and 2.8x on a P/FCF basis, we believe upside potential outweighs the risks from capital structure." (8/9/2019)

Has AgroFresh Solutions been receiving favorable news coverage?

Press coverage about AGFS stock has trended somewhat positive on Saturday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. AgroFresh Solutions earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View News Stories for AgroFresh Solutions.

Are investors shorting AgroFresh Solutions?

AgroFresh Solutions saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,000,000 shares, a decline of 7.4% from the December 15th total of 1,080,000 shares. Based on an average daily volume of 70,600 shares, the days-to-cover ratio is presently 14.2 days. Currently, 2.0% of the shares of the stock are short sold. View AgroFresh Solutions' Current Options Chain.

Who are some of AgroFresh Solutions' key competitors?

Some companies that are related to AgroFresh Solutions include HAYMAKER ACQUIS/SH CL A (HYAC), Trinity Merger (TMCX), AdaptHealth (AHCO), Pivotal Acquisition (PVT), FORUM MERGER II/SH CL A (FMCI), Kaleyra (KLR), ANDINA ACQUISIT/SH SH (ANDA), Opes Acquisition (OPES), KBL MERGER CORP/SH (KBLM), Pensare Acquisition (WRLS), Infrastructure and Energy Alternatives (IEA), Allied Esports Entertainment (AESE), HL Acquisition (HCCH), TMSR (TMSR) and UPD (UPDC).

What other stocks do shareholders of AgroFresh Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AgroFresh Solutions investors own include Cypress Semiconductor (CY), Starbucks (SBUX), Intelsat (I), Intel (INTC), DowDuPont (DWDP), Apollo Global Management (APO), Walt Disney (DIS), Activision Blizzard (ATVI), AMC Entertainment (AMC) and Clean Energy Fuels (CLNE).

Who are AgroFresh Solutions' key executives?

AgroFresh Solutions' management team includes the folowing people:

Mr. Jordi Ferre, CEO & Director (Age 55)
Mr. Thomas Ermi, Exec. VP, Gen. Counsel & Sec. (Age 54)
Dr. Graham G. Miao, Exec. VP & CFO (Age 55)
Mr. Bill Lucas, VP of Global Marketing & Bus. Devel.
Mr. John Cassidy, Sr. Director of Fin. & Strategic Planning

How do I buy shares of AgroFresh Solutions?

Shares of AGFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is AgroFresh Solutions' stock price today?

One share of AGFS stock can currently be purchased for approximately $2.49.

How big of a company is AgroFresh Solutions?

AgroFresh Solutions has a market capitalization of $126.89 million and generates $178.79 million in revenue each year. The basic materials company earns $-30,060,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis. AgroFresh Solutions employs 285 workers across the globe.View Additional Information About AgroFresh Solutions.

What is AgroFresh Solutions' official website?

The official website for AgroFresh Solutions is http://www.agrofresh.com/.

How can I contact AgroFresh Solutions?

AgroFresh Solutions' mailing address is ONE WASHINGTON SQUARE 510-530 WALNUT STREET SUITE 1350, PHILADELPHIA PA, 19106. The basic materials company can be reached via phone at 267-317-9139 or via email at [email protected]

MarketBeat Community Rating for AgroFresh Solutions (NASDAQ AGFS)

Community Ranking:		2.5 out of 5 ( )
Outperform Votes:		247 (Vote Outperform)
Underperform Votes:		257 (Vote Underperform)
Total Votes:		504

MarketBeat's community ratings are surveys of what our community members think about AgroFresh Solutions and other stocks. Vote "Outperform" if you believe AGFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AGFS will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/18/2020 by MarketBeat.com Staff

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