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AGCO (AGCO) Stock Price, News & Analysis

$87.56
-1.27 (-1.43%)
(As of 09/6/2024 ET)
Today's Range
$87.31
â–Ľ
$89.75
50-Day Range
$85.01
â–Ľ
$103.47
52-Week Range
$84.35
â–Ľ
$130.26
Volume
771,127 shs
Average Volume
780,497 shs
Market Capitalization
$6.53 billion
P/E Ratio
5.92
Dividend Yield
1.32%
Price Target
$118.91

AGCO MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
35.8% Upside
$118.91 Price Target
Short Interest
Healthy
4.31% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
0.53mentions of AGCO in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$282,674 Bought Last Quarter
Proj. Earnings Growth
-3.37%
From $8.00 to $7.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Industrial Products Sector

2nd out of 165 stocks

Farm Machinery & Equipment Industry

1st out of 4 stocks

AGCO stock logo

About AGCO Stock (NYSE: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. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, GSI, Massey Ferguson, Precision Planting, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

AGCO Stock Price History

AGCO Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
A Look At The Fair Value Of AGCO Corporation (NYSE:AGCO)
AGCO Co. (NYSE:AGCO) Receives $118.91 Average Price Target from Analysts
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
5/14/2024
Dividend Payable
6/14/2024
Last Earnings
7/30/2024
Ex-Dividend for 9/16 Dividend
8/15/2024
Today
9/07/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
00108410
Employees
27,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$118.91
High Stock Price Target
$153.00
Low Stock Price Target
$96.00
Potential Upside/Downside
+35.8%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$1.17 billion
Pretax Margin
3.49%

Debt

Sales & Book Value

Annual Sales
$13.43 billion
Cash Flow
$18.67 per share
Book Value
$54.31 per share

Miscellaneous

Free Float
62,233,000
Market Cap
$6.53 billion
Optionable
Optionable
Beta
1.25
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Key Executives


AGCO Stock Analysis - Frequently Asked Questions

How have AGCO shares performed this year?

AGCO's stock was trading at $121.41 at the start of the year. Since then, AGCO shares have decreased by 27.9% and is now trading at $87.56.
View the best growth stocks for 2024 here
.

How were AGCO's earnings last quarter?

AGCO Co. (NYSE:AGCO) posted its quarterly earnings data on Tuesday, July, 30th. The industrial products company reported $2.53 earnings per share for the quarter, missing analysts' consensus estimates of $2.90 by $0.37. AGCO's quarterly revenue was down 15.1% compared to the same quarter last year.

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.

Who are AGCO's major shareholders?

Top institutional shareholders of AGCO include Victory Capital Management Inc. (4.96%), LSV Asset Management (4.08%), Dimensional Fund Advisors LP (3.03%) and Massachusetts Financial Services Co. MA (2.40%). Insiders that own company stock include Andrew H Beck, Robert B Crain, Torsten Rudolf Willi Dehner, Michael C Arnold, Luis Fernando Sartini Felli, George E Minnich and Lara Thrush Long.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AGCO own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AGCO investors own include Bank of America (BAC), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Micron Technology (MU), Walt Disney (DIS) and Citigroup (C).

This page (NYSE:AGCO) was last updated on 9/7/2024 by MarketBeat.com Staff

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