AGCO Corporation (AGCO)
Market Cap | 6.98B |
Revenue (ttm) | 12.58B |
Net Income (ttm) | 169.90M |
Shares Out | 74.65M |
EPS (ttm) | 2.26 |
PE Ratio | 41.41 |
Forward PE | 21.37 |
Dividend | $1.16 (1.24%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 2,045,120 |
Open | 90.41 |
Previous Close | 90.55 |
Day's Range | 89.68 - 94.01 |
52-Week Range | 84.35 - 130.26 |
Beta | 1.24 |
Analysts | Buy |
Price Target | 110.55 (+18.24%) |
Earnings Date | Feb 4, 2025 |
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 $110.55, which is an increase of 18.24% from the latest price.
News
AGCO Raises Long-Term Financial Targets, Provides 2025 Outlook at 2024 Analyst Meeting
Farmer-First Strategy Delivering Value for Farmers and Generating Higher Through-the-Cycle Returns for Shareholders NEW YORK , Dec. 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global lea...
AGCO Issues 7-Day Suspension Notice to Montrose Cannabis in Pickering
TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposal to suspend the Cannabis Retail Store Authorization for 12473291 Canada In...
TAFE Urges AGCO to Address Critical Questions Regarding its Strategic Priorities During 2024 Analyst Day
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 th...
AGCO Names Randy Bauwens of Town & Country Supply Association Its 2024 Operator of the Year
Montana operator recognized for professionalism, agronomic skills and continuous service to area farmers and community DULUTH, Ga. , Dec. 16, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a glob...
AGCO Might Be An Attractive Investment To Ride The Agricultural Recovery
The agricultural sector is in a severe down-cycle, but AGCO's strong market position and growth potential make it an attractive investment at its current price. AGCO's strategic acquisitions and domin...
AGCO Announces Retirement of Senior Vice President Bob Crain
DULUTH, Ga. , Dec. 10, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today anno...
AGCO TO HOST ANALYST MEETING
DULUTH, Ga. , Dec. 6, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today it will...
AGCO Celebrates Grand Opening of AGCO Technician Training Center at Parkland College
DULUTH, Ga. , Dec. 4, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrated ...
Final Trades: Amazon, AGCO, On Holding and Las Vegas Sands
The Investment Committee give you their top stocks to watch for the second half.
TAFE Submits Proposal to Separate Board Chair and CEO Roles at AGCO's 2025 Annual Meeting
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...
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...