About AGCO Corporation
AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts around the world. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage, implements, and grain storage and protein production systems. Its segments include North America, South America, Europe/Africa/Middle East, and Asia/Pacific. The Company's Chinese harvesting business operates within the Asia/Pacific segment. The former sprayer reporting unit operates within the North American segment. The Company's products include tractors, combines, application equipment, hay tools and forage equipment, implements and other equipment, grain storage and protein production systems, and replacement parts. Its AGCO Power engines division produces diesel engines, gears and generating sets. Its products are marketed under brands, including Challenger, Fendt, GSI, Massey Ferguson and Valtra.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Farm & Construction Machinery
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Exchange: NYSE
- Symbol: AGCO
- CUSIP: 00108410
- Previous Close: $63.81
- 50 Day Moving Average: $61.52
- 200 Day Moving Average: $53.56
- 52-Week Range: $79,900,000.00 - $43.79
- Trailing P/E Ratio: 32.65
- Foreward P/E Ratio: 20.25
- P/E Growth: 2.07
- Market Cap: $5.11B
- Outstanding Shares: 79,900,000
- Beta: 1
- Net Margins: 2.16%
- Return on Equity: 6.88%
- Return on Assets: 2.81%
Companies Related to AGCO Corporation:
- Debt-to-Equity Ratio: 0.57%
- Current Ratio: 1.48%
- Quick Ratio: 0.77%
What is AGCO Corporation's stock symbol?
AGCO Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGCO."
How often does AGCO Corporation pay dividends? What is the dividend yield for AGCO Corporation?
AGCO Corporation declared a quarterly dividend on Friday, January 27th. Shareholders of record on Wednesday, February 15th will be given a dividend of $0.14 per share on Wednesday, March 15th. This represents a $0.56 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Monday, February 13th. This is a positive change from AGCO Corporation's previous quarterly dividend of $0.13.
Where is AGCO Corporation's stock going? Where will AGCO Corporation's stock price be in 2017?
15 brokerages have issued 1 year price targets for AGCO Corporation's stock. Their forecasts range from $35.00 to $72.00. On average, they anticipate AGCO Corporation's stock price to reach $55.69 in the next year.
When will AGCO Corporation announce their earnings?
AGCO Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about AGCO Corporation stock?
Here are some recent quotes from research analysts about AGCO Corporation stock:
- Piper Jaffray Companies analysts commented, "We continue to be on the sidelines for shares of AGCO as lofty valuations on estimates with limited upside, in our view, make it difficult to get more constructive, while we expect positive sentiment on the space will support the elevated valuations. Guidance was largely unchanged from the December Analyst Day, but we are lifting our FY17 estimates, still expecting modest revenue growth but on a higher base after a stronger-than-expected FY16 and with EPS of $2.40, which is still below guidance. We are also lifting our FY18 estimates on a higher revenue base and more pronounced margin expansion, where we are now modeling EPS of $2.86. We still expect challenged fundamentals but see margin expansion opportunity as inventories continue to work down and production lifts, plus ongoing efficiency & cost reduction efforts. Using the same previous multiple on our revised estimates, our price target moves to $60 and we remain Neutral." (2/8/2017)
According to Zacks Investment Research, "Estimates for AGCO have been going up, ahead of its third quarter earnings release. AGCO expects weak global demand for farm equipment to hamper its 2016 sales and earnings. It marginally raised net sales outlook to $7.2 billion for full–year 2016, while maintaining its earnings per share guidance of around $2.30. Gross and operating margins will be below 2015 levels due to the effect of lower sales and production volumes along with a weaker sales mix. Moreover, foreign currency swings will hurt growth. Nonetheless, AGCO will benefit from increased investments through capital expenditures and engineering spend. Long-term capital allocation plan, focus on new product development and acquisitions will also augment growth. Also, the company has a positive record of earnings surprises in recent quarters." (10/20/2016)
J P Morgan Chase & Co analysts commented, "Sentiment is weakening in Europe and, with a pre-buy dynamic in France now behind us, the outlook for the rest of 2016 is bleak across the agriculture sector. We do not expect Europe to offset the weakness in the Americas from here," analyst Ann Duignan wrote in a note.Related Link: Bayer On Monsanto Bid: Push Toward Digital FarmingDuignan, who cut the price target to $44 from $47, noted that 60 percent of AGCO'S EBIT comes from EAME and another 16 percent from South America, where political and economic instability in Brazil continue to weigh on equipment demand.Duignan also cut 2016 EPS estimate to $2.20 from $2.34 and 2017 EPS estimate to $2.40 from $2.54. "While the activist investment (as well as TAFE ownership) increases the potential for strategic actions, we believe the stock is currently overvalued and the risks to earnings are to the downside," (6/27/2016)
Who owns AGCO Corporation stock?
AGCO Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.30%), Dimensional Fund Advisors LP (3.42%), FMR LLC (2.50%), Allianz Asset Management AG (1.45%), Thrivent Financial for Lutherans (1.44%) and AQR Capital Management LLC (1.31%). Company insiders that own AGCO Corporation stock include Gary L Collar, Mallika Srinivasan, Martin Richenhagen and Robert B Crain.
Who sold AGCO Corporation stock? Who is selling AGCO Corporation stock?
AGCO Corporation's stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Third Avenue Management LLC, Janus Capital Management LLC, Two Sigma Investments LP, Hodges Capital Management Inc., Marshall Wace LLP, State Street Corp and Van ECK Associates Corp. Company insiders that have sold AGCO Corporation stock in the last year include Gary L Collar, Martin Richenhagen and Robert B Crain.
Who bought AGCO Corporation stock? Who is buying AGCO Corporation stock?
AGCO Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, FMR LLC, Thrivent Financial for Lutherans, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Russell Investments Group Ltd., Tweedy Browne Co. LLC, Asset Management One Co. Ltd. and Renaissance Technologies LLC.
How do I buy AGCO Corporation stock?
Shares of AGCO Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of AGCO Corporation stock cost?
One share of AGCO Corporation stock can currently be purchased for approximately $63.99.