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NYSE:AGCO

AGCO (AGCO) Stock Price, News & Analysis

$118.08
+1.35 (+1.16%)
(As of 02:15 PM ET)
Today's Range
$115.98
$118.23
50-Day Range
$106.47
$125.37
52-Week Range
$105.77
$140.46
Volume
216,649 shs
Average Volume
680,932 shs
Market Capitalization
$8.81 billion
P/E Ratio
7.55
Dividend Yield
0.98%
Price Target
$150.50

AGCO MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.8% Upside
$150.50 Price Target
Short Interest
Healthy
3.04% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.62
Upright™ Environmental Score
News Sentiment
0.64mentions of AGCO in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.83%
From $13.07 to $12.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.79 out of 5 stars

Industrial Products Sector

8th out of 167 stocks

Farm Machinery & Equipment Industry

1st out of 4 stocks

AGCO stock logo

About AGCO Stock (NYSE:AGCO)

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 Fendt, GSI, Massey Ferguson, Precision Planting, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

AGCO Stock Price History

AGCO Stock News Headlines

AGCO Leader Wins 2024 Women MAKE Award
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
3 Long-Term Stocks to Buy Now: Q2 Edition
AGCO (NYSE:AGCO) Price Target Raised to $154.00 at Oppenheimer
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
3 Agriculture Stocks to Buy for Multibagger Returns
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 3/15 Dividend
2/14/2024
Dividend Payable
3/15/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
00108410
Employees
27,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$150.50
High Stock Price Target
$189.00
Low Stock Price Target
$131.00
Potential Upside/Downside
+28.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$1.17 billion
Pretax Margin
9.25%

Debt

Sales & Book Value

Annual Sales
$14.41 billion
Cash Flow
$19.49 per share
Book Value
$62.19 per share

Miscellaneous

Free Float
62,231,000
Market Cap
$8.71 billion
Optionable
Optionable
Beta
1.31
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Key Executives


AGCO Stock Analysis - Frequently Asked Questions

Should I buy or sell AGCO stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AGCO in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AGCO shares.
View AGCO analyst ratings
or view top-rated stocks.

What is AGCO's stock price target for 2024?

5 brokerages have issued 1 year price targets for AGCO's stock. Their AGCO share price targets range from $131.00 to $189.00. On average, they predict the company's stock price to reach $150.50 in the next twelve months. This suggests a possible upside of 27.8% 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 2024?

AGCO's stock was trading at $121.41 at the beginning of 2024. Since then, AGCO shares have decreased by 3.0% and is now trading at $117.74.
View the best growth stocks for 2024 here
.

Are investors shorting AGCO?

AGCO saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 2,330,000 shares, a decline of 9.0% from the February 29th total of 2,560,000 shares. Based on an average trading volume of 688,600 shares, the short-interest ratio is currently 3.4 days. Currently, 3.8% of the company's shares 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 Thursday, May 2nd 2024.
View our AGCO earnings forecast
.

How can I listen to AGCO's earnings call?

AGCO will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were AGCO's earnings last quarter?

AGCO Co. (NYSE:AGCO) announced its earnings results on Tuesday, February, 6th. The industrial products company reported $3.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.03 by $0.25. The industrial products company had revenue of $3.80 billion for the quarter, compared to analysts' expectations of $4.03 billion. AGCO had a trailing twelve-month return on equity of 26.96% and a net margin of 8.13%. The company's revenue was down 2.5% on a year-over-year basis. During the same quarter last year, the business earned $4.47 EPS.

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

AGCO declared a quarterly dividend on Thursday, January 18th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.29 per share on Friday, March 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Wednesday, February 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 1.00%. 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 7.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGCO will have a dividend payout ratio of 9.13% 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 FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of $13.15 for the period, compared to the consensus estimate of $12.84. The company issued revenue guidance of $13.6 billion, compared to the consensus revenue estimate of $13.40 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).

Who are AGCO's major shareholders?

AGCO's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.23%), Sumitomo Mitsui Trust Holdings Inc. (0.07%), Baker Ellis Asset Management LLC (0.05%), Alaska Permanent Fund Corp (0.03%), State of Michigan Retirement System (0.02%) and Global Assets Advisory LLC (0.02%). 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, Robert B Crain and Torsten Rudolf Willi Dehner.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AGCO) was last updated on 4/19/2024 by MarketBeat.com Staff

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