TSE:AFN FY2024 EPS Increased by National Bank Financial

Ag Growth International Inc. (TSE:AFN - Free Report) - Research analysts at National Bank Financial lifted their FY2024 earnings estimates for shares of Ag Growth International in a research report issued to clients and investors on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now expects that the company will earn $4.81 per share for the year, up from their previous forecast of $4.69. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share. National Bank Financial also issued estimates for Ag Growth International's Q4 2024 earnings at $1.74 EPS and FY2025 earnings at $4.39 EPS.

Several other analysts also recently issued reports on AFN. TD Securities decreased their price objective on shares of Ag Growth International from C$79.00 to C$77.00 and set a "buy" rating for the company in a report on Monday, August 12th. Raymond James downgraded shares of Ag Growth International from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from C$72.00 to C$62.00 in a research note on Friday, October 18th. Royal Bank of Canada dropped their target price on Ag Growth International from C$80.00 to C$75.00 in a report on Thursday. Finally, CIBC reduced their price target on shares of Ag Growth International from C$75.00 to C$70.00 in a research report on Thursday. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, Ag Growth International presently has a consensus rating of "Moderate Buy" and an average price target of C$74.38.

Ag Growth International Stock Down 0.3 %

Ag Growth International stock traded down C$0.15 during mid-day trading on Monday, hitting C$52.50. 47,226 shares of the company's stock were exchanged, compared to its average volume of 64,728. Ag Growth International has a 1-year low of C$45.96 and a 1-year high of C$64.51. The stock has a 50 day moving average of C$52.40 and a two-hundred day moving average of C$52.46. The stock has a market cap of C$1.00 billion, a P/E ratio of 34.64, a P/E/G ratio of 1.30 and a beta of 2.29. The company has a current ratio of 1.49, a quick ratio of 0.84 and a debt-to-equity ratio of 298.35.

Ag Growth International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Friday, September 27th. Ag Growth International's dividend payout ratio is presently 39.47%.

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.