AGCO (NYSE:AGCO) Issues FY 2025 Earnings Guidance

AGCO (NYSE:AGCO - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 4.000-4.500 for the period, compared to the consensus estimate of 4.200. The company issued revenue guidance of $9.6 billion-$9.6 billion, compared to the consensus revenue estimate of $9.6 billion.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AGCO shares. Truist Financial upped their price target on shares of AGCO from $109.00 to $118.00 and gave the stock a "buy" rating in a report on Thursday, January 16th. StockNews.com upgraded AGCO from a "sell" rating to a "hold" rating in a report on Friday. The Goldman Sachs Group decreased their target price on AGCO from $112.00 to $99.00 and set a "neutral" rating for the company in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised their price target on AGCO from $102.00 to $111.00 and gave the company an "overweight" rating in a research note on Wednesday, January 15th. Finally, Citigroup dropped their target price on shares of AGCO from $100.00 to $95.00 and set a "neutral" rating on the stock in a report on Tuesday, January 14th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $107.20.

AGCO Stock Down 2.5 %

AGCO stock traded down $2.51 during midday trading on Monday, reaching $97.47. The company's stock had a trading volume of 499,719 shares, compared to its average volume of 727,434. The stock's 50-day simple moving average is $97.76 and its 200-day simple moving average is $95.49. The stock has a market capitalization of $7.27 billion, a P/E ratio of -17.15, a PEG ratio of 0.97 and a beta of 1.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.34 and a quick ratio of 0.72. AGCO has a 52-week low of $84.35 and a 52-week high of $125.76.

AGCO (NYSE:AGCO - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.97 EPS for the quarter, missing analysts' consensus estimates of $2.01 by ($0.04). AGCO had a positive return on equity of 13.40% and a negative net margin of 3.64%. On average, sell-side analysts expect that AGCO will post 4.22 EPS for the current year.

AGCO Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.19%. AGCO's dividend payout ratio (DPR) is presently -20.39%.

About 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.