Is AGCO Corp. (AGCO) positioned for future growth?

With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. During the session, the Farm & Heavy Construction Machinery company that operates in wider Industrials sector, reached to the highest price of $119.23 whereas the lowest price it dropped to was $117.475. The 52-week range on AGCO shows that it touched its highest point at $140.46 and its lowest point at $105.77 during that stretch. It currently has a 1-year price target of $133.50. With its current market cap of 8.81 billion, AGCO has annualized dividend of $1.16 while the current yield stands at 0.98%. AGCO paid its most recent dividend on 1715644800, while the ex-dividend date for that was 1715904000. Beta for the stock currently stands at 1.33.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AGCO was up-trending over the past week, with a rise of 3.61%, but this was up by 0.83% over a month. Three-month performance surged to 4.17% while six-month performance rose 3.33%. The stock lost -0.38% in the past year, while it has lost -2.78% so far this year. A look at the trailing 12-month EPS for AGCO yields 14.78 with Next year EPS estimates of 12.14. For the next quarter, that number is 3.23. This implies an EPS growth rate of -21.81% for this year and -0.12% for next year. EPS is expected to decline by -0.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.28%.

Float and Shares Shorts:

At present, 74.52 million AGCO shares are outstanding with a float of 61.93 million shares on hand for trading. On 2024-04-30, short shares totaled 2.23 million, which was 300.0 higher than short shares on 1711584000. In addition to Mr. Eric P. Hansotia as the firm’s Chairman, President & CEO, Mr. Damon J. Audia serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 0.83429 of AGCO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, AGCO reported revenue of $2928700000.0 and operating income of $274600000.0. The EBITDA in the recently reported quarter was $301000000.0 and diluted EPS was $2.25.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AGCO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.