Ag Growth International (AFN) Stock Price, News & Analysis

Company Overview

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. It also provides portable handling equipment, such as augers, conveyors, grain vacs, post pounders, seed treaters, and related accessories; permanent handling equipment, such as bucket elevators, chain and belt conveyors, distributors, feed handling, screw feeders and conveyors, and spouts and connectors. In addition, the company offers towers, catwalks, and ladders, as well as all-steel buildings; batch blenders, bulk scales, declining weight blenders, vertical blenders, micro-dosing systems, mixers, and milling equipment; and controllers, hazard monitoring, and monitoring and automation equipment. Its products are used in port facilities, inland grain terminals, corporate farms, fertilizer distribution sites, ethanol production, oilseed crushing, commercial feed mills, rice mills, and flour mills. The company serves farmers, agribusinesses, grain handlers, regional cooperatives, contractors, food and animal feed manufacturers, and fertilizer blenders and distributors. Ag Growth International Inc. was founded in 1996 and is based in Winnipeg, Canada.

Key Stats

• Today's Range: C$50.61 to C$51.82
• 50-Day Range: C$47.89 to C$54.58
• 52-Week Range: C$45.96 to C$64.51
• Volume: 88,936 shs
• Average Volume: 64,491 shs
• Market Capitalization: C$970.28 million
• P/E Ratio: 33.47
• Dividend Yield: 1.18%
• Price Target: C$74.63
• Consensus Rating: Moderate Buy

Ag Growth International Stock Analysis - MarketRank™

Ag Growth International scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ag Growth International has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Ag Growth International has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ag Growth International is 33.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ag Growth International is 33.47, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 369.18.

Price to Earnings Growth Ratio

Ag Growth International has a PEG Ratio of 1.30. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ag Growth International has a P/B Ratio of 3.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AFN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Ag Growth International pays a meaningful dividend of 1.15%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ag Growth International does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ag Growth International is 39.47%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AFN.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Ag Growth International this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Ag Growth International to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ag Growth International insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.06% of the stock of Ag Growth International is held by insiders.

Percentage Held by Institutions

Only 27.77% of the stock of Ag Growth International is held by institutions.

AFN Stock Analysis - Frequently Asked Questions

How have AFN shares performed this year?

Ag Growth International's stock was trading at C$50.52 at the beginning of 2024. Since then, AFN stock has increased by 0.7% and is now trading at C$50.88.
View the best growth stocks for 2024 here.

How were Ag Growth International's earnings last quarter?

Ag Growth International Inc. (TSE:AFN) released its quarterly earnings data on Thursday, August, 10th. The company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.95. The business had revenue of $390.27 million for the quarter, compared to analysts' expectations of $424 million. Ag Growth International had a trailing twelve-month return on equity of 10.35% and a net margin of 2.13%.

How do I buy shares of Ag Growth International?

Shares of AFN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Ag Growth International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ag Growth International investors own include Air Canada (AC), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Canadian Natural Resources (CNQ), NVIDIA (NVDA) and Pembina Pipeline (PPL).

Company Calendar

• Last Earnings: 8/10/2023
• Ex-Dividend for 10/15 Dividend: 9/27/2024
• Dividend Payable: 10/15/2024
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Farm & Heavy Construction Machinery
• Sub-Industry: N/A
• Current Symbol: TSE:AFN
• CUSIP: N/A
• CIK: N/A
• Web: www.aggrowth.com
• Phone: +1-204-4891855
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$74.63
• High Stock Price Target: C$81.00
• Low Stock Price Target: C$62.00
• Potential Upside/Downside: +46.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.52
• Trailing P/E Ratio: 33.47
• Forward P/E Ratio: 7.74
• P/E Growth: 1.3
• Net Income: C$30.98 million
• Net Margins: 2.13%
• Pretax Margin: N/A
• Return on Equity: 10.35%
• Return on Assets: 6.34%

Debt

• Debt-to-Equity Ratio: 298.35
• Current Ratio: 1.49
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: C$1.46 billion
• Price / Sales: 0.66
• Cash Flow: C$2.71 per share
• Price / Cash Flow: 18.75
• Book Value: C$16.40 per share
• Price / Book: 3.10

Miscellaneous

• Outstanding Shares: 19,070,000
• Free Float: N/A
• Market Cap: C$970.28 million
• Optionable: Not Optionable
• Beta: 2.29