AGCO Corp. (AGCO)’s Market Momentum: Closing Strong at 117.67, Down -0.86

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As of close of business last night, AGCO Corp.’s stock clocked out at $117.67, down -0.86% from its previous closing price of $118.69. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 0.69 million shares were traded. AGCO stock price reached its highest trading level at $118.96 during the session, while it also had its lowest trading level at $116.475.

Ratios:

To gain a deeper understanding of AGCO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on March 14, 2024, initiated with a Buy rating and assigned the stock a target price of $142.

On April 03, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $149 to $135.

Credit Suisse reiterated its Outperform rating for the stock on December 22, 2022, while the target price for the stock was revised from $143 to $174.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGCO now has a Market Capitalization of 8856409088 and an Enterprise Value of 9762785280. As of this moment, AGCO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.53, and their Forward P/E ratio for the next fiscal year is 9.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is 4.899.

Stock Price History:

Over the past 52 weeks, AGCO has reached a high of $140.46, while it has fallen to a 52-week low of $105.77. The 50-Day Moving Average of the stock is 1.77%, while the 200-Day Moving Average is calculated to be -1.86%.

Shares Statistics:

It appears that AGCO traded 711.70K shares on average per day over the past three months and 661340 shares per day over the past ten days. A total of 74.52M shares are outstanding, with a floating share count of 61.94M. Insiders hold about 16.99% of the company’s shares, while institutions hold 81.18% stake in the company. Shares short for AGCO as of 1713139200 were 2185526 with a Short Ratio of 3.07, compared to 1710460800 on 2327936. Therefore, it implies a Short% of Shares Outstanding of 2185526 and a Short% of Float of 3.52.

Dividends & Splits

With its trailing 12-month dividend rate of 1.11, AGCO has a forward annual dividend rate of 1.16. Against a Trailing Annual Dividend Yield of 0.009352094The stock’s 5-year Average Dividend Yield is 0.78.

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