AGCO Corporation (AGCO)
Market Cap | 6.87B |
Revenue (ttm) | 12.58B |
Net Income (ttm) | 169.90M |
Shares Out | 74.65M |
EPS (ttm) | 2.26 |
PE Ratio | 40.73 |
Forward PE | 14.84 |
Dividend | $1.16 (1.26%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 563,282 |
Open | 91.74 |
Previous Close | 91.76 |
Day's Range | 91.26 - 93.01 |
52-Week Range | 84.35 - 130.26 |
Beta | 1.25 |
Analysts | Buy |
Price Target | 116.27 (+26.41%) |
Earnings Date | Nov 5, 2024 |
About AGCO
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and hand... [Read more]
Financial Performance
In 2023, AGCO Corporation's revenue was $14.41 billion, an increase of 13.92% compared to the previous year's $12.65 billion. Earnings were $1.17 billion, an increase of 31.68%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is $116.27, which is an increase of 26.41% from the latest price.
News
AGCO Corporation (AGCO) Q3 2024 Earnings Conference Call Transcript
AGCO Corporation (NYSE:AGCO) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Greg Peterson - Head of IR Eric Hansotia - Chairman, President and CEO Damon Audia - SV...
AGCO Earnings Show It Isn't a Good Time to Be a Farmer
The results leave investors wondering when the farming cycle will turn.
AGCO REPORTS THIRD-QUARTER RESULTS
Net sales of $2.6 billion, down 24.8% year-over-year Reported earnings per share of $0.40 and adjusted earnings per share(1) of $0.68 Reaffirms full-year adjusted operating margin target of 9% Revised...
AGCO Agriculture Foundation Donates $50,000 to Weathered But Strong: Hurricane Relief Fund
Funds Will Support Georgia's Farmers Recovering from Hurricane Helene's Devastating Impact DULUTH, Ga. , Nov. 4, 2024 /PRNewswire/ -- AGCO Agriculture Foundation (the "Foundation"), a private foundati...
AGCO issues 10-year suspensions and $40,000 monetary penalties to Richard Moreau and Sylvain Filion for presence of DPO in racehorse
TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- To protect the wellbeing and safety of horses and safeguard the integrity of horse racing, the Alcohol and Gaming Commission of Ontario (AGCO) has issued mon...
AMERICAN INDUSTRIAL PARTNERS COMPLETES ACQUISITION OF AGCO'S GRAIN & PROTEIN BUSINESS
Rebranded Grain & Protein Technologies, the new standalone entity will be led by accomplished industrial manufacturing leader Jacob Thomas NEW YORK and DULUTH, Ga. , Nov. 1, 2024 /PRNewswire/ -- Ameri...
AGCO Completes Divestiture of Grain & Protein Business
DULUTH, Ga. , Nov. 1, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has comple...
AGCO ANNOUNCES QUARTERLY DIVIDEND
DULUTH, Ga. , Oct. 24, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its Bo...
AGCO Corporation - Improving Returns Came From Efficiency Improvements
AGCO Corporation - Improving Returns Came From Efficiency Improvements
AGCO ANNOUNCES THIRD-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
DULUTH, Ga. , Oct. 14, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its th...
AGCO moves to suspend liquor licence of Boston Pizza in St. Catharines for liquor service violations leading to fatal car crash
TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposal (NOP) for a 60-day liquor sales licence suspension of Boston Pizza at 333...
AGCO Launches Employee Relief Fund to Support its Global Team in Times of Crisis
DULUTH, Ga. , Oct. 3, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is pleased to announce ...
AGCO Agriculture Foundation Launches Call for Applications for Grant Cycle
The Foundation Seeks Proposals from Nonprofits to Support Youth-Led and High-Impact Innovations for Sustainable Agri-Food Systems DULUTH, Ga. , Oct. 1, 2024 /PRNewswire/ -- Agriculture Foundation (th...
TAFE Asserts Rightful Ownership of Massey Ferguson Brand in India and Files Contempt of Court Petition Against AGCO
CHENNAI, India--(BUSINESS WIRE)--Tractors and Farm Equipment Limited (“TAFE” or “we”) today announced that it has filed a contempt petition against AGCO Corporation (NYSE: AGCO) (“AGCO” or the “Compan...
AGCO Comments on Letter From TAFE
DULUTH, Ga. , Sept. 30, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today issued the foll...
TAFE Issues Letter to AGCO Shareholders Outlining Opportunities for Improved Corporate Governance and Enhanced Value Creation
CHENNAI, India--(BUSINESS WIRE)--Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSE: AGCO) (“AGCO” or t...
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Kaskela Law LLC Announces Stockholder Investigation of AGCO Corp. (NYSE: AGCO) and Encourages Investors to Contact the Firm
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating AGCO Corporation (NYSE: AGCO) on behalf of the company's shareholders. Since April 2024, shares of AGCO's stock have d...
AGCO immediately suspends the liquor licence of Hamilton's Club 33 following latest violent incidents
TORONTO, Aug. 31, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued an immediate liquor licence suspension for Club 33, located at 33 Bowen Street in Hamilton. In...
AGCO moves to suspend the alcohol retail licence and lottery retailer registration of Toronto convenience store Mabelle Tuck Shop for violations of Ontario's liquor retail market rules
TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- On Friday, August 16, 2024, the Alcohol and Gaming Commission of Ontario (AGCO) conducted an unannounced inspection at Mabelle Tuck Shop located at 24 Mabell...
AGCO Brings Fendt® 600 Vario® Tractor to North America
Available for order in August 2024, the 600 Vario strikes the perfect balance between power and versatility. At a Glance: the Fendt® 600 Vario® Tractor Available in four models (614 Vario, 616 Vario, ...
Massey Ferguson 9S Series Tractor Brings Efficiency and Dependability to Your Farm
DULUTH, Ga., Aug. 26, 2024 (GLOBE NEWSWIRE) -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announ...
AGCO to Present at the 12th Annual Morgan Stanley Laguna Conference
DULUTH, Ga. , Aug. 26, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that i...
MASSEY FERGUSON® 9S SERIES TRACTOR BRINGS EFFICIENCY AND DEPENDABILITY TO YOUR FARM
MF 9S SERIES HELPS FARMERS WHO DEMAND MORE ACHIEVE A BETTER OVERALL COST OF OWNERSHIP DULUTH, Ga. , Aug. 26, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufac...
AGCO to Launch New Products and Display Farmer-Focused Solutions at 2024 Farm Progress Show
DULUTH, Ga. , Aug. 23, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will launc...