AGCO (AGCO) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AGCO in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AGCO shares.
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9 analysts have issued twelve-month price objectives for AGCO's shares. Their AGCO share price forecasts range from $135.00 to $189.00. On average, they predict the company's share price to reach $154.45 in the next year. This suggests a possible upside of 30.6% from the stock's current price.
View analysts price targets for AGCO or view top-rated stocks among Wall Street analysts.

AGCO's stock was trading at $138.69 on January 1st, 2023. Since then, AGCO shares have decreased by 14.7% and is now trading at $118.28.
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AGCO saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,080,000 shares, a decrease of 7.7% from the August 31st total of 1,170,000 shares. Based on an average daily trading volume, of 575,600 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.7% of the shares of the stock are short sold.
View AGCO's Short Interest.

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

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

AGCO declared a quarterly dividend on Wednesday, July 12th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for AGCO.

ETFs with the largest weight of AGCO (NYSE:AGCO) stock in their portfolio include Subversive Food Security ETF (KCAL), iShares Emergent Food and AgTech Multisector ETF (IVEG), JPMorgan Climate Change Solutions ETF (TEMP), VanEck Agribusiness ETF (MOO), Alpha Architect U.S. Quantitative Value ETF (QVAL), AXS Astoria Inflation Sensitive ETF (PPI), First Trust Indxx Global Agriculture ETF (FTAG) and BlackRock Future Climate and Sustainable Economy ETF (BECO).

AGCO (NYSE:AGCO) pays an annual dividend of $1.16 per share and currently has a dividend yield of 0.98%. 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 7.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGCO.

AGCO updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) 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.

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.

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).

AGCO trades on the New York Stock Exchange (NYSE) under the ticker symbol "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.
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One share of AGCO stock can currently be purchased for approximately $118.28.

AGCO (NYSE:AGCO) has a market capitalization of $8.86 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.

The company employs 25,600 workers across the globe.

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.