Atb Cap Markets Has Bearish Outlook for TSE:AFN Q2 Earnings

Ag Growth International Inc. (TSE:AFN - Free Report) - Investment analysts at Atb Cap Markets cut their Q2 2025 earnings per share estimates for shares of Ag Growth International in a report issued on Thursday, March 6th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings of $0.54 per share for the quarter, down from their prior estimate of $0.60. Atb Cap Markets has a "Hold" rating on the stock. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share. Atb Cap Markets also issued estimates for Ag Growth International's Q3 2025 earnings at $1.02 EPS.

Other equities analysts have also recently issued reports about the stock. ATB Capital lowered their price target on shares of Ag Growth International from C$57.00 to C$46.00 and set a "sector perform" rating on the stock in a research note on Friday, March 7th. CIBC lowered their target price on shares of Ag Growth International from C$56.00 to C$48.00 and set an "outperform" rating on the stock in a research report on Friday, March 7th. TD Securities reduced their price target on shares of Ag Growth International from C$48.00 to C$46.00 and set a "buy" rating for the company in a research report on Tuesday. Royal Bank of Canada decreased their price target on Ag Growth International from C$45.00 to C$40.00 and set a "sector perform" rating on the stock in a research note on Friday, March 7th. Finally, Desjardins dropped their price objective on Ag Growth International from C$57.00 to C$49.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$50.25.

Remove Ads

Ag Growth International Price Performance

AFN stock traded down C$0.48 on Monday, reaching C$36.10. 77,487 shares of the company's stock were exchanged, compared to its average volume of 116,922. The stock has a fifty day moving average of C$39.56 and a 200-day moving average of C$48.01. The firm has a market cap of C$689.97 million, a PE ratio of 28.82, a P/E/G ratio of 1.30 and a beta of 2.29. The company has a quick ratio of 0.84, a current ratio of 1.41 and a debt-to-equity ratio of 277.31. Ag Growth International has a twelve month low of C$31.60 and a twelve month high of C$64.31.

Ag Growth International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.66%. Ag Growth International's dividend payout ratio is currently 47.90%.

Insider Activity

In other Ag Growth International news, Director Janet Giesselman acquired 6,000 shares of the firm's stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of C$36.35 per share, for a total transaction of C$218,076.00. Also, Director Anne De Greef-Safft acquired 2,000 shares of the stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of C$36.99 per share, with a total value of C$73,985.00. Insiders have purchased 12,000 shares of company stock worth $436,101 over the last three months. 1.06% of the stock is currently owned by corporate insiders.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.