AGCO Corporation (AGCO)

NYSE: AGCO · Real-Time Price · USD
93.50
+2.95 (3.26%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.26%
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]

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 $110.55, which is an increase of 18.24% from the latest price.

Price Target
$110.55
(18.24% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 day ago - PRNewsWire

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...

1 day ago - GlobeNewsWire

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...

2 days ago - Business Wire

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...

4 days ago - PRNewsWire

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...

5 days ago - Seeking Alpha

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...

10 days ago - PRNewsWire

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...

15 days ago - PRNewsWire

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 ...

17 days ago - PRNewsWire

Final Trades: Amazon, AGCO, On Holding and Las Vegas Sands

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMZNLVSONON
17 days ago - CNBC Television

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...

26 days ago - Business Wire

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...

6 weeks 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.

6 weeks 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...

6 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

2 months ago - PRNewsWire

AGCO Corporation - Improving Returns Came From Efficiency Improvements

AGCO Corporation - Improving Returns Came From Efficiency Improvements

2 months 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...

2 months 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...

2 months 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 ...

2 months 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...

2 months 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...

2 months 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...

2 months ago - PRNewsWire