AGCO Corporation (AGCO)

NYSE: AGCO · IEX Real-Time Price · USD
103.52
+1.68 (1.65%)
Jul 26, 2024, 4:00 PM EDT - Market closed
1.65%
Market Cap 7.72B
Revenue (ttm) 14.01B
Net Income (ttm) 1.11B
Shares Out 74.62M
EPS (ttm) 14.78
PE Ratio 7.00
Forward PE 8.77
Dividend $1.14 (1.10%)
Ex-Dividend Date Aug 15, 2024
Volume 457,435
Open 103.19
Previous Close 101.84
Day's Range 102.74 - 104.70
52-Week Range 92.75 - 136.42
Beta 1.27
Analysts Buy
Price Target 129.78 (+25.37%)
Earnings Date Jul 30, 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 10 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is $129.78, which is an increase of 25.37% from the latest price.

Price Target
$129.78
(25.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE AGCO'S GRAIN & PROTEIN BUSINESS

Investment will enable the Company to strengthen its high-quality grain / seed processing and storage solutions and its protein production systems, all critical to large-scale agriculture NEW YORK , J...

1 day ago - PRNewsWire

AGCO Announces Definitive Agreement to Sell its Grain & Protein Business

DULUTH, Ga. , July 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced ...

1 day ago - PRNewsWire

AGCO ANNOUNCES QUARTERLY DIVIDEND

DULUTH, Ga. , July 11, 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...

15 days ago - PRNewsWire

AGCO ANNOUNCES SECOND-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

DULUTH, Ga. , July 10, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its s...

16 days ago - PRNewsWire

Anaergia Announces Revocation of Cease Trade Order

BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today that the cease trade order issued against the Company by the Ontario Securities Commission...

17 days ago - Business Wire

AGCO Power Opens Clean Energy Laboratory in Finland

NOKIA, Finland--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and its subsidiary AGCO Power, to...

17 days ago - Business Wire

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...

24 days 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...

5 weeks 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...

6 weeks 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 ...

6 weeks 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...

7 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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.

3 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 ...

3 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...

3 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...

3 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...

3 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...

3 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 ...

3 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,...

4 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
4 months ago - PRNewsWire