AGCO Corporation (AGCO)

NYSE: AGCO · IEX Real-Time Price · USD
96.04
+0.46 (0.48%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.48%
Market Cap 7.17B
Revenue (ttm) 14.01B
Net Income (ttm) 1.11B
Shares Out 74.62M
EPS (ttm) 14.78
PE Ratio 6.50
Forward PE 8.07
Dividend $1.13 (1.18%)
Ex-Dividend Date May 17, 2024
Volume 696,241
Open 95.62
Previous Close 95.58
Day's Range 95.38 - 96.41
52-Week Range 95.03 - 140.46
Beta 1.32
Analysts Buy
Price Target 137.29 (+42.95%)
Earnings Date Jul 25, 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'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 8 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is $137.29, which is an increase of 42.95% from the latest price.

Price Target
$137.29
(42.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AGCO Announces Transformation of Ohio Dealership Network

Tenured dealerships to provide comprehensive access and services for farmers to popular AGCO brands throughout the Buckeye State. AGCO announced the transformation of its dealership network in Ohio, w...

6 hours ago - PRNewsWire

AGCO Tech Days 2024 to Showcase Innovation Across the Crop Cycle Serving Farmers with Mixed Fleets Globally

DULUTH, Ga. , June 21, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is prepari...

11 days ago - PRNewsWire

AGCO Dealership Launches Same-Day Parts Delivery Service

New service advances FarmerCore capabilities DULUTH, Ga. , June 13, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and pr...

19 days ago - PRNewsWire

AGCO Announces New Production Ag and Rural Lifestyle Dealership Locations in 2024

DULUTH, Ga. , June 12, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced ...

20 days ago - PRNewsWire

AGCO Welcomes Parallel Ag's Merger with A.C. McCartney Equipment Dealership in Illinois

DULUTH, Ga. , June 4, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology today welcom...

4 weeks ago - PRNewsWire

AGCO Invests in Innova Ag Innovation Fund VI to Drive the Next Generation of Farming

DULUTH, Ga. , May 22, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its rec...

5 weeks ago - PRNewsWire

AGCO to Present at the 2024 J.P. Morgan Global Technology, Media and Communications Conference

DULUTH, Ga. , May 20, 2024  /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced...

6 weeks ago - PRNewsWire

AGCO Agriculture Foundation Donates to BrazilFoundation to Support Flood Response in Southern Brazil

Arrangement Also Allows Employees, Dealers and Others to Directly Support Response Effort DULUTH, Ga. , May 14, 2024 /PRNewswire/ -- In the wake of the catastrophic floods in the Rio Grande do Sul sta...

7 weeks ago - PRNewsWire

AGCO Agriculture Foundation Partners with The Do More Agriculture Foundation to Support Farmer Mental Health

DULUTH, Ga. , May 8, 2024 /PRNewswire/ -- The AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture develop...

7 weeks ago - PRNewsWire

AGCO Celebrates Grand Opening of The Fendt Lodge™ in Jackson, Minnesota

Facility will serve as the brand's official North American home and site of product launches, customer and dealer meetings, and visitors center. DULUTH, Ga.

2 months ago - PRNewsWire

AGCO REPORTS FIRST-QUARTER RESULTS

Net sales of $2.9 billion, down 12.1% Reported earnings per share of $2.25 and adjusted earnings per share(1) of $2.32 Closed the previously announced joint venture transaction, PTx Trimble, on April ...

2 months ago - PRNewsWire

AGCO to Present at the 2024 Oppenheimer Industrials Growth Conference

DULUTH, Ga. , May 1, 2024 /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced t...

2 months ago - PRNewsWire

AGCO Showcases Precision Ag Innovation at AEM's Celebration of Modern Ag on the National Mall in Washington, DC

DULUTH, Ga. , April 30, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will sho...

2 months ago - PRNewsWire

AGCO ANNOUNCES DIVIDENDS

Special Variable Dividend of $2.50 per share Regular Quarterly Dividend of $0.29 per share DULUTH, Ga. , April 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, ma...

2 months ago - PRNewsWire

AGCO Leader Wins 2024 Women MAKE Award

Kimberly Savageau Recognized as one of 130 Women Who Inspire Excellence in Manufacturing DULUTH, Ga. , April 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manu...

2 months ago - PRNewsWire

AGCO ANNOUNCES FIRST-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

DULUTH, Ga. , April 12, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its ...

2 months ago - PRNewsWire

5 Dividend Growth Stocks I'm Watching This Quarter

Let's talk about five dividends that are set to soar when the Federal Reserve cuts interest rates.

Other symbols: ETFBMSMARPAG
3 months ago - Forbes

Zilliant to Supply AGCO with Modernized Pricing for Agricultural Machinery

AUSTIN, Texas--(BUSINESS WIRE)-- #B2B--Zilliant, the leader in pricing lifecycle management, today announced a strategic relationship with AGCO Corporation (NYSE: AGCO), a global leader in the design,...

3 months ago - Business Wire

AGCO and Trimble Close Joint Venture, Form PTx Trimble

Leading ag tech deal creates an industry-leading, mixed-fleet  precision ag platform serving farmers globally DULUTH, Ga. and WESTMINSTER, Colo.

Other symbols: TRMB
3 months ago - PRNewsWire

AGCO Progresses on its Sustainability Journey, Giving Farmers MorePrecision Ag and Clean Technology Solutions

Company Highlights New Products, New Targets and New Records in 2023 Sustainability Report DULUTH, Ga., March 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, man...

3 months ago - PRNewsWire

AGCO on Their Pursuit Of the Largest Agriculture Tech Deal Ever

Eric Hansotia, AGCO CEO, to discuss the strategic reasons behind AGCO's pursuit of the largest ag tech deal ever. He spoke with Alix Steel and Paul Sweeney on Bloomberg Radio.

3 months ago - Bloomberg Markets and Finance

AGCO Invests EUR 70 million in AGCO Power Facility in Linnavuori, Finland to Increase Sustainable Product Offerings and Support Future Growth

NOKIA, Finland--(BUSINESS WIRE)-- #Linnavuori--AGCO is announcing a EUR 70 million investment in its Linnavuori plant in Nokia, Finland to accelerate further clean energy innovations.

3 months ago - Business Wire

AGCO Names Nick Nelson 2023 NA Technician of the Year

Ag Technician from AGCO dealership Java Farm Supply in North Java, New York, captures title after a three-day competition that highlighted the skills and abilities of ag equipment professionals. DULUT...

3 months ago - PRNewsWire

AGCO to Present at the 2024 JP Morgan Industrials Conference

DULUTH, Ga. , March 11, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technol...

4 months ago - PRNewsWire

AGCO to Present at the 2024 Morgan Stanley Technology, Media & Telecom Conference

DULUTH, Ga. , March 4, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technolo...

4 months ago - PRNewsWire