NYSE:AGCO AGCO - AGCO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding AGCO Co. Please log in to your account or sign up in order to add this asset to your watchlist. $130.31 +1.13 (+0.87%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$129.27▼$131.0750-Day Range$119.00▼$144.2452-Week Range$88.55▼$149.90Volume390,211 shsAverage Volume691,102 shsMarket Capitalization$9.75 billionP/E Ratio10.98Dividend Yield0.74%Price Target$154.40 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability AGCO MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside18.5% Upside$154.40 Price TargetShort InterestHealthy1.76% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.86Upright™ Environmental ScoreNews Sentiment1.15Based on 9 Articles This WeekInsider TradingSelling Shares$3.67 M Sold Last QuarterProj. Earnings Growth2.66%From $13.53 to $13.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.94 out of 5 starsIndustrial Products Sector15th out of 177 stocksFarm Machinery & Equipment Industry1st out of 4 stocks 2.4 Analyst's Opinion Consensus RatingAGCO has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $154.40, AGCO has a forecasted upside of 18.5% from its current price of $130.31.Amount of Analyst CoverageAGCO has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.76% of the float of AGCO has been sold short.Short Interest Ratio / Days to CoverAGCO has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AGCO has recently decreased by 13.49%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldAGCO has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAGCO has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of AGCO is 8.09%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, AGCO will have a dividend payout ratio of 6.91% next year. This indicates that AGCO will be able to sustain or increase its dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAGCO has received a 16.86% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Combine harvesters", "Agricultural tractors", "Other tractor parts", and "Tractor body parts" products. See details.Environmental SustainabilityThe Environmental Impact score for AGCO is -2.86. Previous Next 3.4 News and Social Media Coverage News SentimentAGCO has a news sentiment score of 1.15. 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 0.60 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 9 news articles for AGCO this week, compared to 6 articles on an average week.Search InterestOnly 31 people have searched for AGCO on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days.MarketBeat Follows14 people have added AGCO to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AGCO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,671,940.00 in company stock.Percentage Held by Insiders16.90% of the stock of AGCO is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions75.48% of the stock of AGCO is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for AGCO are expected to grow by 2.66% in the coming year, from $13.53 to $13.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AGCO is 10.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.71.Price to Earnings Ratio vs. SectorThe P/E ratio of AGCO is 10.98, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.77.Price to Earnings Growth RatioAGCO has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAGCO has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AGCO (NYSE:AGCO) StockAGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. It operates through the following geographic segments: North America, South America, Europe and Middle East, and Asia, Pacific, and Africa. The Asia/Pacific/Africa segment includes the regions of Australia and New Zealand. The firm's products include tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. Its brands include Challenger, Fendt, GSI, Massey Ferguson, Valtra, and Fella. The company was founded by Robert J. Ratliff in 1990 and is headquartered in Duluth, GA.Read More Receive AGCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AGCO and its competitors with MarketBeat's FREE daily newsletter. Email Address AGCO Stock News HeadlinesMarch 28, 2023 | finance.yahoo.comAGCO’s 2022 Sustainability Report Shows Solid ProgressMarch 26, 2023 | marketwatch.com2023-2029 Self-Propelled Sprayer Market Share and Future Trends Analysis | Latest Growth Research ReportMarch 29, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 24, 2023 | stocknews.com3 Hypergrowth Stocks to Buy for Big Gains In 2023March 22, 2023 | finance.yahoo.comAGCO Agriculture Foundation Awards $50,000 Grant to Providence Farm CollectiveMarch 21, 2023 | finance.yahoo.comAGCO Stock Plows Its Way To No. 1 In Ag Equipment IndustryMarch 20, 2023 | finance.yahoo.comAGCO to Present at the Bank of America Global Industrials ConferenceMarch 13, 2023 | finance.yahoo.comDonaldson (DCI) Exhibits Strong Prospects Despite HeadwindsMarch 29, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 13, 2023 | marketwatch.com2023-2028 Grain Silos and Storage System Market Forecast: Global Industry Insights and Top Countries Data AnalysisMarch 9, 2023 | finance.yahoo.comHere's Why Hold Strategy is Beneficial for IDEX (IEX) StockMarch 9, 2023 | finance.yahoo.comAGCO (NYSE:AGCO) Is Achieving High Returns On Its CapitalMarch 8, 2023 | finance.yahoo.comWhy Fast-paced Mover Agco (AGCO) Is a Great Choice for Value InvestorsMarch 6, 2023 | finance.yahoo.comAgco (AGCO) is a Great Momentum Stock: Should You Buy?March 1, 2023 | finance.yahoo.comAGCO to Present at Morgan Stanley Technology, Media & Telecom ConferenceFebruary 23, 2023 | msn.comCaterpillar should try buying Agco for farm machinery growth, Baird saysFebruary 23, 2023 | stocknews.com1 Fertilizer Stock to Add to Your Watchlist in February 2023February 22, 2023 | finance.yahoo.comAGCO Corporation's (NYSE:AGCO) Stock Has Fared Decently: Is the Market Following Strong Financials?February 20, 2023 | finance.yahoo.comDespite Fast-paced Momentum, Agco (AGCO) Is Still a Bargain StockFebruary 8, 2023 | finance.yahoo.comAGCO Corporation (NYSE:AGCO) Q4 2022 Earnings Call TranscriptFebruary 8, 2023 | finance.yahoo.comAGCO Full Year 2022 Earnings: Beats ExpectationsFebruary 8, 2023 | finance.yahoo.comCompared to Estimates, Agco (AGCO) Q4 Earnings: A Look at Key MetricsFebruary 8, 2023 | finance.yahoo.comAGCO to Present at Citi's 2023 Global Industrial Tech and Mobility ConferenceFebruary 7, 2023 | finance.yahoo.comIs AGCO Corporation (NYSE:AGCO) Potentially Undervalued?February 7, 2023 | finance.yahoo.comAgco (AGCO) Q4 Earnings and Revenues Beat EstimatesFebruary 7, 2023 | finance.yahoo.comHere's Why One Holding Is Moving and Further Reason to Like AnotherJanuary 26, 2023 | marketwatch.comModern Combine Harvester Market 2023 By Trends, Latest Research, Industry Competition Analysis, Revenue and Forecast Till 2028See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AGCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AGCO and its competitors with MarketBeat's FREE daily newsletter. Email Address AGCO Company Calendar Last Earnings2/07/2023Ex-Dividend for 3/15 Dividend2/14/2023Dividend Payable3/15/2023Today3/29/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Farm machinery & equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNYSE:AGCO CUSIP00108410 CIK880266 Webwww.agcocorp.com Phone(770) 813-9200Fax302-655-5049Employees25,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$154.40 High Stock Price Forecast$174.00 Low Stock Price Forecast$129.00 Forecasted Upside/Downside+19.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$11.87 Trailing P/E Ratio10.93 Forward P/E Ratio9.59 P/E Growth0.87Net Income$889.60 million Net Margins7.03% Pretax Margin8.75% Return on Equity25.75% Return on Assets9.38% Debt Debt-to-Equity Ratio0.33 Current Ratio1.40 Quick Ratio0.62 Sales & Book Value Annual Sales$12.65 billion Price / Sales0.77 Cash Flow$16.74 per share Price / Cash Flow7.75 Book Value$52.05 per share Price / Book2.49Miscellaneous Outstanding Shares74,850,000Free Float62,197,000Market Cap$9.71 billion OptionableOptionable Beta1.36 Key ExecutivesEric P. HansotiaChairman, President, CEO & COODamon J. AudiaChief Financial Officer & Senior Vice PresidentKelvin BennettSenior Vice President-EngineeringRoger N. BatkinSecretary, Senior Vice President & General CounselGary L. CollarSenior Vice President & GM-APAC RegionKey CompetitorsCrownNYSE:CCKLincoln ElectricNASDAQ:LECORegal RexnordNYSE:RRXAllegionNYSE:ALLEA. O. SmithNYSE:AOSView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Bought 214 shares on 3/6/2023Ownership: 0.002%Voya Investment Management LLCSold 787 shares on 2/28/2023Ownership: 0.041%NatixisSold 27,858 shares on 2/24/2023Ownership: 0.001%Torsten Rudolf Willi DehnerSold 744 sharesTotal: $104,688.24 ($140.71/share)Macquarie Group Ltd.Sold 1,091 shares on 2/21/2023Ownership: 0.056%View All Insider TransactionsView All Institutional Transactions AGCO Stock - Frequently Asked Questions Should I buy or sell AGCO stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AGCO in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AGCO shares. View AGCO analyst ratings or view top-rated stocks. What is AGCO's stock price forecast for 2023? 8 analysts have issued 1-year price objectives for AGCO's stock. Their AGCO share price forecasts range from $129.00 to $174.00. On average, they expect the company's stock price to reach $154.40 in the next year. This suggests a possible upside of 18.5% 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 start of the year. Since then, AGCO stock has decreased by 6.0% and is now trading at $130.31. View the best growth stocks for 2023 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 1,090,000 shares, a decline of 13.5% from the February 28th total of 1,260,000 shares. Based on an average daily volume of 686,300 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.8% of the company's shares are sold short. 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, May 2nd 2023. View our AGCO earnings forecast. How were AGCO's earnings last quarter? AGCO Co. (NYSE:AGCO) posted its quarterly earnings results on Tuesday, February, 7th. The industrial products company reported $4.47 earnings per share for the quarter, beating analysts' consensus estimates of $3.88 by $0.59. The industrial products company earned $3.90 billion during the quarter, compared to analyst estimates of $3.76 billion. AGCO had a net margin of 7.03% and a trailing twelve-month return on equity of 25.75%. How often does AGCO pay dividends? What is the dividend yield for AGCO? AGCO declared a quarterly dividend on Friday, January 20th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.24 per share on Wednesday, March 15th. This represents a $0.96 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, February 14th. Read our dividend analysis for AGCO. What ETFs hold AGCO's stock? ETFs with the largest weight of AGCO (NYSE:AGCO) stock in their portfolio include iShares Emergent Food and AgTech Multisector ETF (IVEG), JPMorgan Climate Change Solutions ETF (TEMP), AXS Astoria Inflation Sensitive ETF (PPI), VanEck Agribusiness ETF (MOO), First Trust Indxx Global Agriculture ETF (FTAG), BlackRock Future Climate and Sustainable Economy ETF (BECO), iShares MSCI Agriculture Producers ETF (VEGI) and FIS Biblically Responsible Risk Managed ETF (PRAY). Is AGCO a good dividend stock? AGCO (NYSE:AGCO) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.77%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGCO will have a dividend payout ratio of 6.91% 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 updated its FY 2023 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of $13.50-$13.50 for the period, compared to the consensus earnings per share estimate of $13.55. The company issued revenue guidance of $14.00 billion-$14.00 billion, compared to the consensus revenue estimate of $13.76 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 variety of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (4.36%), Victory Capital Management Inc. (4.37%), LSV Asset Management (4.29%), Nordea Investment Management AB (2.69%), Dimensional Fund Advisors LP (2.68%) and Morgan Stanley (1.41%). 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, Lucinda B Smith, 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 $130.31. How much money does AGCO make? AGCO (NYSE:AGCO) has a market capitalization of $9.75 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 $11.87 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 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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