AGCO Corporation (AGCO)

NYSE: AGCO · Real-Time Price · USD
91.98
+0.22 (0.24%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.24%
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]

Sector Industrials
IPO Date Apr 16, 1992
Employees 27,900
Stock Exchange NYSE
Ticker Symbol AGCO
Full Company Profile

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 Statements

Analyst 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.

Price Target
$116.27
(26.41% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

15 days ago - Seeking Alpha

AGCO Earnings Show It Isn't a Good Time to Be a Farmer

The results leave investors wondering when the farming cycle will turn.

15 days ago - Barrons

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...

15 days ago - PRNewsWire

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...

16 days ago - PRNewsWire

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...

19 days ago - GlobeNewsWire

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...

19 days ago - PRNewsWire

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...

19 days ago - PRNewsWire

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...

27 days ago - PRNewsWire

AGCO Corporation - Improving Returns Came From Efficiency Improvements

AGCO Corporation - Improving Returns Came From Efficiency Improvements

4 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - GlobeNewsWire

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 ...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - Business Wire

Copper Loves the Fed Cut. 6 Sleeper Stocks to Play Catch-Up.

It might be too late for mining stocks, but there are other buys out there linked to the metal.And they have room to run.

Other symbols: DVNFCXZEUS
7 weeks ago - Barrons

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...

2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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, ...

3 months ago - PRNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire