FY2026 Earnings Forecast for TSE:AFN Issued By Cormark

Ag Growth International Inc. (TSE:AFN - Free Report) - Equities researchers at Cormark lowered their FY2026 earnings per share estimates for shares of Ag Growth International in a research report issued on Monday, March 10th. Cormark analyst K. Mcphee now forecasts that the company will earn $6.04 per share for the year, down from their prior estimate of $6.06. The consensus estimate for Ag Growth International's current full-year earnings is $6.58 per share.

AFN has been the topic of several other reports. ATB Capital cut their target price 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. National Bankshares decreased their target price on Ag Growth International from C$55.00 to C$51.00 and set an "outperform" rating for the company in a report on Friday, March 7th. CIBC cut their price target on Ag Growth International from C$56.00 to C$48.00 and set an "outperform" rating on the stock in a report on Friday, March 7th. Desjardins reduced their price target on Ag Growth International from C$57.00 to C$49.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Finally, TD Securities lowered their price objective on 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. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$50.25.

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Ag Growth International Trading Down 1.1 %

TSE:AFN traded down C$0.41 on Wednesday, reaching C$36.17. 99,623 shares of the company's stock were exchanged, compared to its average volume of 117,413. The firm has a market capitalization of C$691.31 million, a price-to-earnings ratio of 28.88, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. Ag Growth International has a 52-week low of C$31.60 and a 52-week high of C$64.31. The company has a quick ratio of 0.84, a current ratio of 1.41 and a debt-to-equity ratio of 277.31. The business has a fifty day moving average of C$39.56 and a 200-day moving average of C$48.01.

Ag Growth International Dividend Announcement

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

Insiders Place Their Bets

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