S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
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66,000% upside on tiny biotech? (Ad)
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Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
66,000% upside on tiny biotech? (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
66,000% upside on tiny biotech? (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
66,000% upside on tiny biotech? (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
NYSE:AGCO

AGCO (AGCO) Stock Forecast, Price & News

$116.04
-0.77 (-0.66%)
(As of 09/22/2023 ET)
Compare
Today's Range
$115.86
$117.49
50-Day Range
$116.05
$139.88
52-Week Range
$93.53
$145.53
Volume
673,860 shs
Average Volume
634,326 shs
Market Capitalization
$8.69 billion
P/E Ratio
7.83
Dividend Yield
1.00%
Price Target
$154.64

AGCO MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
33.3% Upside
$154.64 Price Target
Short Interest
Healthy
1.88% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.85
Upright™ Environmental Score
News Sentiment
0.43mentions of AGCO in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.94%
From $15.31 to $14.86 Per Share

Overall MarketRank

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

2.73 out of 5 stars

Industrial Products Sector

34th out of 162 stocks

Farm Machinery & Equipment Industry

2nd out of 4 stocks


AGCO stock logo

About AGCO (NYSE:AGCO) Stock

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. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Challenger, Fendt, GSI, Massey Ferguson, and Valtra brands through a network of independent dealers and distributors. The company was founded in 1990 and is headquartered in Duluth, Georgia.

AGCO Price History

AGCO Stock News Headlines

12 Best Agriculture Stocks to Buy Now (AGCO)
Which agriculture stocks offer best value, the fastest growth and the most momentum? Learn more about the best agriculture stocks to buy now.
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk
I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.
AGCO: Cultivating Success In Deere's Backyard
Agco (AGCO) is a Top-Ranked Momentum Stock: Should You Buy?
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
AGCO Corp's (AGCO) Subsidiary AgRev to Expand in Harrisburg
AGCO Announces Sustainable Test Farm in North Dakota
AGCO to Present at Jefferies 2023 Industrials Conference
See More Headlines
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AGCO Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 9/15 Dividend
8/14/2023
Dividend Payable
9/15/2023
Today
9/22/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
00108410
Employees
25,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$154.64
High Stock Price Forecast
$189.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+33.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Net Income
$889.60 million
Pretax Margin
10.12%

Debt

Sales & Book Value

Annual Sales
$12.65 billion
Cash Flow
$15.58 per share
Book Value
$52.05 per share

Miscellaneous

Free Float
62,450,000
Market Cap
$8.69 billion
Optionable
Optionable
Beta
1.38
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Key Executives

  • Mr. Eric P. Hansotia (Age 54)
    Chairman, Pres & CEO
    Comp: $4.41M
  • Mr. Damon J. Audia (Age 52)
    Sr. VP & CFO
    Comp: $1.58M
  • Mr. Robert B. CrainMr. Robert B. Crain (Age 63)
    Sr. VP of Customer Experience
    Comp: $1.6M
  • Mr. Torsten Rudolf-Willi Dehner (Age 55)
    Sr. VP & GM of Fendt/Valtra
    Comp: $1.4M
  • Ms. Lara T. Long (Age 53)
    VP & Chief Accounting Officer
  • Mr. Greg Peterson
    VP of Investor Relations
  • Mr. Roger Neil Batkin (Age 54)
    Sr. VP, Gen. Counsel, Chief ESG Officer, & Corp. Sec.
  • Cristiane Masina
    Global Corp. Communications Mang.
  • Ms. Ivory Marie Harris-Brown
    Sr. VP & Chief HR Officer
  • Mr. Luis Fernando Sartini FelliMr. Luis Fernando Sartini Felli (Age 57)
    Sr. VP & GM of Massey Ferguson













AGCO Stock - Frequently Asked Questions

Should I buy or sell AGCO stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AGCO in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AGCO shares.
View AGCO analyst ratings
or view top-rated stocks.

What is AGCO's stock price forecast for 2023?

10 brokerages have issued 1 year target prices for AGCO's stock. Their AGCO share price forecasts range from $135.00 to $189.00. On average, they anticipate the company's share price to reach $154.64 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price.
View analysts price targets for AGCO
or view top-rated stocks among Wall Street analysts.

How have AGCO shares performed in 2023?

AGCO's stock was trading at $138.69 at the beginning of 2023. Since then, AGCO stock has decreased by 16.3% and is now trading at $116.0450.
View the best growth stocks for 2023 here
.

Are investors shorting AGCO?

AGCO saw a increase in short interest in August. As of August 15th, there was short interest totaling 1,180,000 shares, an increase of 11.3% from the July 31st total of 1,060,000 shares. Based on an average trading volume of 584,100 shares, the short-interest ratio is currently 2.0 days. Currently, 1.9% of the shares of the stock are short sold.
View AGCO's Short Interest
.

When is AGCO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our AGCO earnings forecast
.

How were AGCO's earnings last quarter?

AGCO Co. (NYSE:AGCO) posted its quarterly earnings data on Thursday, July, 27th. The industrial products company reported $4.29 EPS for the quarter, topping the consensus estimate of $3.72 by $0.57. The industrial products company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.69 billion. AGCO had a trailing twelve-month return on equity of 29.56% and a net margin of 7.84%. The company's revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.38 earnings per share.

How often does AGCO pay dividends? What is the dividend yield for AGCO?

AGCO announced a quarterly dividend on Wednesday, July 12th. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.29 per share on Friday, September 15th. This represents a $1.16 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for AGCO
.

Is AGCO a good dividend stock?

AGCO (NYSE:AGCO) pays an annual dividend of $1.16 per share and currently has a dividend yield of 0.97%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGCO will have a dividend payout ratio of 7.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGCO.

What guidance has AGCO issued on next quarter's earnings?

AGCO issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $15.25-$15.25 for the period, compared to the consensus EPS estimate of $14.58. The company issued revenue guidance of $14.70 billion-$14.70 billion, compared to the consensus revenue estimate of $14.46 billion.

What is Martin H. Richenhagen's approval rating as AGCO's CEO?

171 employees have rated AGCO Chief Executive Officer Martin H. Richenhagen on Glassdoor.com. Martin H. Richenhagen has an approval rating of 88% among the company's employees. 79.0% of employees surveyed would recommend working at AGCO to a friend.

What other stocks do shareholders of AGCO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AGCO investors own include Bank of America (BAC), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Micron Technology (MU), Walt Disney (DIS), Citigroup (C), General Electric (GE), Applied Materials (AMAT) and Advanced Micro Devices (AMD).

What is AGCO's stock symbol?

AGCO trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGCO."

Who are AGCO's major shareholders?

AGCO's stock is owned by a number of institutional and retail investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (420.88%), BlackRock Inc. (8.80%), LSV Asset Management (4.43%), Victory Capital Management Inc. (3.26%), Dimensional Fund Advisors LP (2.78%) and State Street Corp (2.34%). Insiders that own company stock include Andrew H Beck, Andrew H Beck, Gary L Collar, George E Minnich, Hans Bernd Veltmaat, Howard W Robin, Kelvin Eugene Bennett, Lara Thrush Long, Luis Fernando Sartini Felli, Martin Richenhagen, P George Benson, Robert B Crain, Torsten Rudolf Willi Dehner and Wolfgang Deml.
View institutional ownership trends
.

How do I buy shares of AGCO?

Shares of AGCO 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 AGCO's stock price today?

One share of AGCO stock can currently be purchased for approximately $116.05.

How much money does AGCO make?

AGCO (NYSE:AGCO) has a market capitalization of $8.69 billion and generates $12.65 billion in revenue each year. The industrial products company earns $889.60 million in net income (profit) each year or $14.83 on an earnings per share basis.

How many employees does AGCO have?

The company employs 25,600 workers across the globe.

How can I contact AGCO?

AGCO's mailing address is 4205 RIVER GREEN PARKWAY, DULUTH GA, 30096. The official website for the company is www.agcocorp.com. The industrial products company can be reached via phone at (770) 813-9200, via email at greg.peterson@agcocorp.com, or via fax at 302-655-5049.

This page (NYSE:AGCO) was last updated on 9/23/2023 by MarketBeat.com Staff

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