NASDAQ:AGRI

AgriFORCE Growing Systems - AGRI Stock Forecast, Price & News

$1.28

+0.03 (+2.40%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: $1.23
▼
$1.29
50-Day Range: $1.03
▼
$1.60
52-Week Range: $0.93
▼
$6.10

Volume: 173,199 shs
Average Volume: 543,094 shs
Market Capitalization: $20.11 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.50

Institutional Ownership

AgriFORCE Growing Systems MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 329.7% Upside
$5.50 Price Target
Short Interest: Healthy
2.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($1.07) to ($1.60) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Consumer Staples Sector

89th out of 138 stocks

Prefabricated Metal Buildings Industry

1st out of 2 stocks

3.5

Analyst's Opinion

Consensus Rating
AgriFORCE Growing Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.50, AgriFORCE Growing Systems has a forecasted upside of 329.7% from its current price of $1.28.
Amount of Analyst Coverage
AgriFORCE Growing Systems has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.82% of the float of AgriFORCE Growing Systems has been sold short.
Short Interest Ratio / Days to Cover
AgriFORCE Growing Systems has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in AgriFORCE Growing Systems has recently increased by 19.45%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
AgriFORCE Growing Systems does not currently pay a dividend.
Dividend Growth
AgriFORCE Growing Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AGRI.

3.4

News and Social Media Coverage

News Sentiment
AgriFORCE Growing Systems has a news sentiment score of 1.19. 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 higher news sentiment than the 0.53 average news sentiment score of Consumer Staples companies.
Search Interest
7 people have searched for AGRI on MarketBeat in the last 30 days.
MarketBeat Follows
8 people have added AgriFORCE Growing Systems to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AgriFORCE Growing Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.80% of the stock of AgriFORCE Growing Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 1.60% of the stock of AgriFORCE Growing Systems is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for AgriFORCE Growing Systems are expected to decrease in the coming year, from ($1.07) to ($1.60) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AgriFORCE Growing Systems is -1.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of AgriFORCE Growing Systems is -1.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
AgriFORCE Growing Systems has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AgriFORCE Growing Systems (NASDAQ:AGRI) Stock

AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products for businesses and consumers that deliver healthier and nutritious solutions. It also engages in the real estate holding and development activities; provision of management advisory services; and intellectual property development activities. The company was formerly known as Canivate Growing Systems Ltd. and changed its name to AgriFORCE Growing Systems Ltd. in November 2019. AgriFORCE Growing Systems Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada.

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AGRI Stock News Headlines

January 29, 2023 | americanbankingnews.com

Short Interest in AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Grows By 19.4%

January 26, 2023 | morningstar.com

AgriFORCE Announces Binding Letter of Intent to Acquire Berry People LLC, Further Strengthening its Brands Division | Morningstar

February 5, 2023 | Investor Place Media (Ad)

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January 25, 2023 | finance.yahoo.com

AgriFORCE Signs MoU With The Government Of Barbados To Conduct Feasibility Study And Deploy Proprietary Agricultural Facilities In The Caribbean

January 24, 2023 | finanznachrichten.de

FinancialNewsMedia.com: Global Organic Food Market Expected to Reach $294 Billion in 2023 as Consumer Demand Jumps

January 24, 2023 | benzinga.com

Global Organic Food Market Expected to Reach $294 Billion in 2023 as Consumer Demand Jumps

January 24, 2023 | finance.yahoo.com

AgriFORCE Reports on Ongoing Investigation into Potentially Improper and Illegal Trading Activity in the Company’s Common Stock

January 24, 2023 | finance.yahoo.com

AgriFORCE Announces Binding Letter of Intent to Acquire Berry People LLC, Further Strengthening its Brands Division

February 5, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

January 23, 2023 | marketwatch.com

Trading Is Mixed After Various Companies Allege Illegal Short Selling

January 23, 2023 | benzinga.com

AgriFORCE Reports on Ongoing Investigation into Potentially Improper and Illegal Trading Activity in the Company's Common Stock

January 23, 2023 | finance.yahoo.com

AgriFORCE Reports on Ongoing Investigation into Potentially Improper and Illegal Trading Activity in the Company’s Common Stock

January 20, 2023 | finance.yahoo.com

AgriFORCE Provides Update on UN(THINK) Awakened Flour Nutritional Information and New Production Partners

January 18, 2023 | tmcnet.com

AgriFORCE and the Government of Barbados Sign MOU to Collaborate on the Market Evaluation and Development of Controlled

January 18, 2023 | finance.yahoo.com

AgriFORCE and the Government of Barbados Sign MOU to Collaborate on the Market Evaluation and Development of Controlled Environment Facilities in Barbados to Address Nutrition and Food Security in the Caribbean

January 12, 2023 | tmcnet.com

AgriFORCE Granted Patent from the United States Patent and Trademark Office Related to its Proprietary Methods for Processing

January 12, 2023 | finance.yahoo.com

AgriFORCE Granted Patent from the United States Patent and Trademark Office Related to its Proprietary Methods for Processing Nutritious Foods Under the UN(THINK)™ Foods Brand

January 11, 2023 | finance.yahoo.com

Rising Food Prices Could Create Opportunities In Agricultural Tech - How AgriFORCE (NASDAQ: AGRI) Has Strengthened Its IP Portfolio To Prepare

December 28, 2022 | finance.yahoo.com

AgriFORCE CEO Provides Year End Letter to Shareholders

December 22, 2022 | finance.yahoo.com

AgriFORCE Announces Shareholder Approval of all Proposals at Special Meeting of Shareholders

December 15, 2022 | benzinga.com

Global Food Processing Ingredient Market Projected To Reach $71.54 Billion By 2030

December 15, 2022 | finance.yahoo.com

AgriFORCE Announces Successful Production Trial and Begins Commercialization of UN(THINK) Awakened Flour

December 1, 2022 | finance.yahoo.com

AgriFORCE Schedules Special Meeting of Shareholders

November 30, 2022 | finance.yahoo.com

AgriFORCE to Present at Two Upcoming Investor Conferences in December

November 30, 2022 | finance.yahoo.com

This Company Looks To Change The AgTech Industry With The Help Of Some Strategic M&A

November 29, 2022 | finance.yahoo.com

AgriFORCE Receives Patent Allowance from the United States Patent and Trademark Office Related to its Proprietary Process and Technologies for the UN(THINK) Foods Brand

November 19, 2022 | finanznachrichten.de

Financialnewsmedia.com: Global Agriculture Automation & Control Systems Market Expected to Reach $5.6 Billion By 2028

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AGRI Company Calendar

Last Earnings: 11/10/2022
Today: 2/05/2023
Next Earnings (Estimated): 3/29/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prefabricated metal buildings
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:AGRI
CUSIP: N/A
CIK: 1826397
Web: agriforcegs.com
Phone: 604-757-0952
Fax: N/A
Employees: 5
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $5.50
High Stock Price Forecast: $5.50
Low Stock Price Forecast: $5.50
Forecasted Upside/Downside: +329.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.80)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-6,640,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -144.21%
Return on Assets: -65.21%

Debt

Debt-to-Equity Ratio: 0.13
Current Ratio: 1.37
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.53 per share
Price / Book: 2.42

Miscellaneous

Outstanding Shares: 15,710,000
Free Float: 13,703,000
Market Cap: $20.11 million
Optionable: Not Optionable
Beta: 1.82

Key Executives

Mr. Ingo Wilhelm Mueller (Age 58)
Chairman & CEO
Comp: $597.07k

Mr. Richard S. Wong (Age 58)
Chief Financial Officer
Comp: $369.65k

Mr. Mauro Pennella (Age 57)
Chief Marketing Officer & Pres of AgriFORCE Brands Division
Comp: $281.13k

Mr. Troy Thomas McClellan (Age 60)
Officer, VP of Design & Construction and Pres of Daybreak Ag Systems Ltd
Comp: $287.05k

Dr. Laila Benkrima (Age 60)
Chief Scientist

Mr. Ian Pedersen (Age 53)
Director of Investor Relations

Mr. Andre J. Beaulieu B.A.
BA (Hon), L.L.B., LL.B., Gen. Counsel

Ms. Denise Sabet
Director of Marketing & Communications

Ms. Dawn Longshaw
VP of HR

Mr. Gideon De Jager
Chief Strategist & Bus. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

Group One Trading L.P.
Sold 102,500 shares on 11/9/2022
Ownership: 0.000%

View All Institutional Transactions

AGRI Stock - Frequently Asked Questions

Should I buy or sell AgriFORCE Growing Systems stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AgriFORCE Growing Systems in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AGRI shares.
View AGRI analyst ratings or view top-rated stocks.
What is AgriFORCE Growing Systems' stock price forecast for 2023?: 2 brokers have issued 12 month price targets for AgriFORCE Growing Systems' shares. Their AGRI share price forecasts range from $5.50 to $5.50. On average, they expect the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 329.7% from the stock's current price.
View analysts price targets for AGRI or view top-rated stocks among Wall Street analysts.
How have AGRI shares performed in 2023?: AgriFORCE Growing Systems' stock was trading at $1.13 on January 1st, 2023. Since then, AGRI stock has increased by 13.3% and is now trading at $1.28.
View the best growth stocks for 2023 here.
Are investors shorting AgriFORCE Growing Systems?: AgriFORCE Growing Systems saw a increase in short interest in January. As of January 15th, there was short interest totaling 312,000 shares, an increase of 19.4% from the December 31st total of 261,200 shares. Based on an average daily trading volume, of 255,100 shares, the short-interest ratio is presently 1.2 days. Currently, 2.8% of the shares of the stock are sold short.
View AgriFORCE Growing Systems' Short Interest.
When is AgriFORCE Growing Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023.
View our AGRI earnings forecast.

How were AgriFORCE Growing Systems' earnings last quarter?: AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) released its earnings results on Thursday, November, 10th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.03.
When did AgriFORCE Growing Systems IPO?: (AGRI) raised $14 million in an initial public offering (IPO) on Thursday, July 8th 2021. The company issued 2,266,666 shares at a price of $5.00-$7.00 per share.
What is AgriFORCE Growing Systems' stock symbol?: AgriFORCE Growing Systems trades on the NASDAQ under the ticker symbol "AGRI."
How do I buy shares of AgriFORCE Growing Systems?: Shares of AGRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is AgriFORCE Growing Systems' stock price today?: One share of AGRI stock can currently be purchased for approximately $1.28.
How much money does AgriFORCE Growing Systems make?: AgriFORCE Growing Systems (NASDAQ:AGRI) has a market capitalization of $20.11 million. The company earns $-6,640,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis.
How can I contact AgriFORCE Growing Systems?: The official website for the company is agriforcegs.com. The company can be reached via phone at 604-757-0952 or via email at agri@crescendo-ir.com.

This page (NASDAQ:AGRI) was last updated on 2/5/2023 by MarketBeat.com Staff

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AgriFORCE Growing Systems - AGRI Stock Forecast, Price & News

AgriFORCE Growing Systems MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AgriFORCE Growing Systems (NASDAQ:AGRI) Stock

AGRI Stock News Headlines

AGRI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AGRI Stock - Frequently Asked Questions

Overall MarketRank^™