Adecoagro S.A (AGRO) is looking forward to a strong quarter

With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. The 52-week range on AGRO shows that it touched its highest point at $12.07 and its lowest point at $8.44 during that stretch. It currently has a 1-year price target of $12.12. With its current market cap of 866.94 million, AGRO has annualized dividend of $0.52 while the current yield stands at 5.97%. Beta for the stock currently stands at 0.72.

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 AGRO was down-trending over the past week, with a drop of -5.56%, but this was down by -17.11% over a month. Three-month performance dropped to -11.08% while six-month performance fell -24.35%. The stock lost -22.86% in the past year, while it has lost -8.06% so far this year. A look at the trailing 12-month EPS for AGRO yields 0.90 with Next year EPS estimates of 0.97. For the next quarter, that number is -0.09. This implies an EPS growth rate of -17.91% for this year and 6.50% for next year.

Float and Shares Shorts:

At present, 100.05 million AGRO shares are outstanding with a float of 43.52 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AGRO since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.58433 being high and $0.78737 being low. For AGRO, this leads to a yearly average estimate of $1.19065. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.