Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, AGCO Corp.’s stock clocked out at $116.24, down -0.71% from its previous closing price of $117.07. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 0.61 million shares were traded. AGCO stock price reached its highest trading level at $118.34 during the session, while it also had its lowest trading level at $115.35.
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 14.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.83. 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 8673596416 and an Enterprise Value of 9656081408. As of this moment, AGCO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.44, and their Forward P/E ratio for the next fiscal year is 9.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 0.67 whereas that against EBITDA is 4.845.
Stock Price History:
The Beta on a monthly basis for AGCO is 1.32, which has changed by -0.07782626 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 0.48%, while the 200-Day Moving Average is calculated to be -3.38%.
Shares Statistics:
It appears that AGCO traded 697.81K shares on average per day over the past three months and 569490 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 81.24% stake in the company. Shares short for AGCO as of 1711584000 were 1879379 with a Short Ratio of 2.69, compared to 1709164800 on 2556585. Therefore, it implies a Short% of Shares Outstanding of 1879379 and a Short% of Float of 3.0299999.
Dividends & Splits
With its trailing 12-month dividend rate of 1.11, AGCO has a forward annual dividend rate of 1.15. The stock’s 5-year Average Dividend Yield is 0.78. The current Payout Ratio is 7.10% for AGCO, which recently paid a dividend on 2024-02-14 with an ex-dividend date of 1707868800. Stock splits for the company last occurred on 1996-02-01 when the company split stock in a 2:1 ratio.
Earnings Estimates
The current rating of AGCO Corp. (AGCO) reflects the combined expertise of 13 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $2.27 for the current quarter, with a high estimate of $2.4 and a low estimate of $2.15, while EPS last year was $3.51. The consensus estimate for the next quarter is $3.55, with high estimates of $3.99 and low estimates of $2.96.
Analysts are recommending an EPS of between $14.04 and $12.1 for the fiscal current year, implying an average EPS of $13.01. EPS for the following year is $12.71, with 14 analysts recommending between $14.07 and $10.98.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $3B. It ranges from a high estimate of $3.1B to a low estimate of $2.84B. As of the current estimate, AGCO Corp.’s year-ago sales were $3.33B, an estimated decrease of -10.10% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $3.54B, a decrease of -4.60% over than the figure of -$10.10% in the same quarter last year. There is a high estimate of $3.65B for the next quarter, whereas the lowest estimate is $3.29B.
A total of 14 analysts have provided revenue estimates for AGCO’s current fiscal year. The highest revenue estimate was $14.05B, while the lowest revenue estimate was $13.21B, resulting in an average revenue estimate of $13.6B. In the same quarter a year ago, actual revenue was $14.41B, down -5.60% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $13.43B in the next fiscal year. The high estimate is $14.24B and the low estimate is $12.44B. The average revenue growth estimate for next year is down -1.30% from the average revenue estimate for this year.
