Brokers Offer Predictions for TSE:AFN Q1 Earnings

Ag Growth International Inc. (TSE:AFN - Free Report) - Equities researchers at Desjardins issued their Q1 2025 earnings estimates for shares of Ag Growth International in a research note issued on Monday, April 14th. Desjardins analyst G. Ho expects that the company will post earnings of ($0.15) per share for the quarter. Desjardins has a "Buy" rating and a $46.00 price objective on the stock. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share. Desjardins also issued estimates for Ag Growth International's FY2025 earnings at $3.98 EPS and FY2026 earnings at $4.52 EPS.

Other equities research analysts have also issued research reports about the company. CIBC upped their price objective on Ag Growth International from C$48.00 to C$52.00 in a research report on Thursday, April 17th. Royal Bank of Canada cut their price objective on shares of Ag Growth International from C$45.00 to C$40.00 and set a "sector perform" rating for the company in a report on Friday, March 7th. Atb Cap Markets cut Ag Growth International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. National Bankshares reduced their price target on Ag Growth International from C$51.00 to C$49.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Finally, ATB Capital dropped their price objective on Ag Growth International from C$57.00 to C$46.00 and set a "sector perform" rating on the stock in a report on Friday, March 7th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$50.13.

Ag Growth International Stock Performance

AFN traded up C$0.28 during midday trading on Thursday, hitting C$32.11. 10,210 shares of the company were exchanged, compared to its average volume of 113,711. The firm has a market capitalization of C$613.71 million, a price-to-earnings ratio of 25.64, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. The company's 50 day simple moving average is C$34.86 and its 200 day simple moving average is C$43.75. The company has a current ratio of 1.41, a quick ratio of 0.84 and a debt-to-equity ratio of 277.31. Ag Growth International has a 1-year low of C$30.81 and a 1-year high of C$62.37.

Ag Growth International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.87%. The ex-dividend date was Monday, March 31st. Ag Growth International's payout ratio is 47.90%.

Insider Activity at Ag Growth International

In other Ag Growth International news, Senior Officer Paul David Householder bought 4,000 shares of the firm's stock in a transaction on Friday, March 7th. The shares were acquired at an average cost of C$36.01 per share, with a total value of C$144,040.00. Also, Director Janet Giesselman purchased 6,000 shares of the company's stock in a transaction dated Friday, March 7th. The stock was bought at an average price of C$36.35 per share, with a total value of C$218,076.00. In the last ninety days, insiders bought 12,000 shares of company stock valued at $436,101. 1.06% of the stock is owned by insiders.

About Ag Growth International

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.