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AGCO Corporation (AGCO)

NYSE: AGCO · IEX Real-Time Price · USD
119.11 -0.12 (-0.10%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap8.91B
Revenue (ttm)10.70B
Net Income (ttm)750.30M
Shares Out74.83M
EPS (ttm)6.80
PE Ratio17.53
Forward PE11.11
Dividend$4.76 (4.00%)
Ex-Dividend DateNov 12, 2021
Volume419,906
Open119.04
Previous Close119.23
Day's Range118.06 - 119.89
52-Week Range88.34 - 158.62
Beta1.33
AnalystsBuy
Price Target168.00 (+41.0%)
Earnings DateOct 28, 2021

About AGCO

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers high 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...

IndustryMachinery
IPO DateApr 16, 1992
CEOMartin Richenhagen
Employees21,426
Stock ExchangeNYSE
Ticker SymbolAGCO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is 168.00, which is an increase of 41.05% from the latest price.

Price Target
$168.00
(41.05% upside)
Analyst Consensus: Buy

News

AGCO Announces a New Straightforward & Dependable Brand Identity Celebrating 175 years of Massey Ferguson History

DULUTH, Ga., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Massey Ferguson®, a worldwide brand of AGCO (NYSE:AGCO), is excited to announce a fresh new look for its iconic MF Triple Triangle® logo and its new “Born ...

20 hours ago - GlobeNewsWire

AGCO Agriculture Foundation and MANRRS Announce a Three-Year Partnership to Advance Minority Representation in the Ag...

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Agriculture Foundation partners with MANRRS to serve underrepresented students in the US and promote careers in the agriculture industry.

1 week ago - Business Wire

AGCO Corp (AGCO) Gains on Farm Equipment Demand & Investment

Robust farm equipment demand spurred by higher commodity prices and investments in farming technology is driving AGCO Corp (AGCO).

1 week ago - Zacks Investment Research

BofA, Morgan Stanley Cut Price Target On AGCO - Read Why

BofA analyst Ross Gilardi downgraded AGCO Corp (NYSE: AGCO) to Neutral from Buy and lowered the price target to $135 (an upside of 6%), from $154 post the Q3 earnings report.  "Realistic peak earnings p...

1 month ago - Benzinga

AGCO to Present at Bernstein's 2nd Annual Virtual Operational Decisions Conference

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it will partic...

1 month ago - Business Wire

Agco (AGCO) Q3 Earnings Beat Estimates

Agco (AGCO) delivered earnings and revenue surprises of 34.64% and -4.54%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

AGCO Reports Third Quarter Results

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third ...

1 month ago - Business Wire

Is a Surprise Coming for AGCO This Earnings Season?

AGCO is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Agco (AGCO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Agco (AGCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

AGCO Announces Quarterly Dividend

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that its Bo...

1 month ago - Business Wire

AGCO Appoints Niels Pörksen to Its Board of Directors

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today the e...

1 month ago - Business Wire

Here's Why Agco (AGCO) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

3 Reasons Why Growth Investors Shouldn't Overlook Agco (AGCO)

Agco (AGCO) possesses solid growth attributes, which could help it handily outperform the market.

1 month ago - Zacks Investment Research

Why the Earnings Surprise Streak Could Continue for Agco (AGCO)

Agco (AGCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

7 Agricultural Stocks to Buy as Cash-Rich Farmers Open Their Wallets

Investors seeking agricultural stocks to buy should look to the booming heartland of America, where farmers are spending hand over fist. The post 7 Agricultural Stocks to Buy as Cash-Rich Farmers Open T...

Other symbols:BGDEFMCLANDNTRTEX
1 month ago - InvestorPlace

AGCO Announces 2021 Third Quarter Earnings Release and Conference Call

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its ...

1 month ago - Business Wire

Should Value Investors Buy Agco (AGCO) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

AGCO Announces Pricing of 0.800% Senior Euro-Denominated Notes due 2028

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it has priced ...

2 months ago - Business Wire

5 Must-Buy Manufacturing Stocks That Outperformed S&P 500 YTD

With the manufacturing sector running at full steam, it is prudent to invest in stocks like DE, TEX, AGCO, OI and JBT that are outperforming the S&P 500 and set to gain further.

Other symbols:DEJBTOITEX
2 months ago - Zacks Investment Research

Tap These 4 Stocks With Amazing Interest Coverage Ratio

A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Companies such as Herc (HRI), Dillard's (DDS), AGCO Corporation (AGCO) and Hibbett (HIB...

Other symbols:DDSHIBBHRI
2 months ago - Zacks Investment Research

AGCO (AGCO) Sees Hammer Chart Pattern: Time to Buy?

AGCO (AGCO) has been struggling lately, but the selling pressure may be coming to an end soon.

2 months ago - Zacks Investment Research

Is AGCO (AGCO) Stock Outpacing Its Industrial Products Peers This Year?

Is (AGCO) Outperforming Other Industrial Products Stocks This Year?

2 months ago - Zacks Investment Research

AGCO Corp (AGCO) Teams Up With Faromatics, Boosts Animal Welfare

AGCO Corp's (AGCO) Faromatics buyout will help deliver smart farming solutions for livestock producers, strengthen its existing capabilities and accelerate innovation.

2 months ago - Zacks Investment Research

AGCO Acquires Faromatics For Undisclosed Sum

AGCO Corp (NYSE: AGCO) has acquired Farm Robotics and Automation S.L. (Faromatics), a precision livestock farming company, for undisclosed financial terms.

2 months ago - Benzinga

AGCO Acquires Faromatics, a Precision Livestock Farming Company

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that it has acquired Farm Robotics an...

2 months ago - Business Wire