AGCO Corporation (AGCO)

NYSE: AGCO · IEX Real-Time Price · USD
96.17
-1.33 (-1.36%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.36%
Market Cap 7.17B
Revenue (ttm) 11.51B
Net Income (ttm) 792.90M
Shares Out 74.60M
EPS (ttm) 10.54
PE Ratio 9.12
Forward PE 7.47
Dividend $5.14 (5.34%)
Ex-Dividend Date Aug 12, 2022
Volume 770,227
Open 96.71
Previous Close 97.50
Day's Range 94.37 - 97.75
52-Week Range 88.55 - 150.28
Beta 1.36
Analysts Buy
Price Target 139.23 (+44.8%)
Earnings Date Oct 26, 2022

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...]

Industry Machinery
IPO Date Apr 16, 1992
CEO Martin Richenhagen
Employees 23,300
Stock Exchange NYSE
Ticker Symbol AGCO
Full Company Profile

Financial Performance

In 2021, AGCO's revenue was $11.14 billion, an increase of 21.73% compared to the previous year's $9.15 billion. Earnings were $897.00 million, an increase of 110.02%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is 139.23, which is an increase of 44.77% from the latest price.

Price Target
$139.23
(44.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

6 days ago - Zacks Investment Research

AGCO to Present at William Blair's Virtual 2022 What's Next for Industrials Conference

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announ...

1 week ago - Business Wire

AGCO to Present at the 2022 Morgan Stanley Laguna Conference

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announ...

3 weeks ago - Business Wire

5 Farm Equipment Stocks to Watch in a Promising Industry

With the Manufacturing - Farm Equipment industry set to gain from improving farm income, commodity prices and investment in technology, Deere (DE), AGCO Corp (AGCO), Lindsay (LNN), Alamo (ALG) and Titan...

Other symbols: ALGDELNNTWI
3 weeks ago - Zacks Investment Research

Jim Cramer says agriculture is in a bull market and look to buy these stocks

"Mad Money" host Jim Cramer said Thursday the agriculture industry is in a bull market and broke down multiple stocks in the space that he likes.

Other symbols: CFCNHICTVADEMOSNTRTSCO
1 month ago - CNBC Television

Universal Technical Institute's Fendt Technician Academy Paves Way For Skilled Trade Students Pursuing Agricultural C...

Fendt Authorized Dealers Benefit from Certified Trained Technicians PHOENIX , Aug. 23, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) continues to address the demand for skilled trade technici...

1 month ago - PRNewsWire

AGCO's Fendt® and Luke Bryan Collaborate to Harvest Limited-Edition Popcorn and Support the National FFA Organization

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and country music supersta...

1 month ago - Business Wire

Farmer confidence recovers in last month as wheat and corn prices stabilize

CNBC's Seema Mody with a preview into John Deere's quarterly earnings results.

Other symbols: CNHIDE
1 month ago - CNBC Television

AGCO to Present at the 2022 Jefferies Industrial Conference

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announ...

1 month ago - Business Wire

AGCO CEO says he expects grain shortage to last into next year

Global grain supplies are under pressure due to supply chain issues and complicated by Russia's ongoing invasion of Ukraine.

2 months ago - CNBC

Agco (AGCO) Beats Q2 Earnings Estimates

Agco (AGCO) delivered earnings and revenue surprises of 9.17% and 0.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

AGCO Reports Second 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 second...

2 months ago - Business Wire

AGCO Announces Chief Supply Chain Officer Succession

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, annou...

Other symbols: CMI
2 months ago - Business Wire

6 Best Agriculture Stocks to Buy Now

These best agriculture stocks are cheap both on an earnings multiple basis and using other value metrics such as free cash flow and dividend yield. The post 6 Best Agriculture Stocks to Buy Now appeared...

Other symbols: CATCNHIDEKUBTYTTC
2 months ago - InvestorPlace

Is AGCO Corporation (AGCO) a Great Stock for Value Investors?

Is AGCO Corporation (AGCO) a great pick from the value investor's perspective right now? Read on to know more.

2 months 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 equipment, infrastructure and precision ag technology, annou...

2 months ago - Business Wire

AZZ Q1 Earnings Beat Estimates and Revenues Increase Y/Y

AZZ's fiscal first-quarter 2023 earnings beat estimates. AZZ gains from improved segment results and anticipates strong performance in the fiscal second quarter.

Other symbols: AAAOSAZZ
2 months ago - Zacks Investment Research

AGCO Wins Red Dot Award: Design Concept 2022

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Wins Red Dot Award with the AGCO 3D Product Advisor.

2 months ago - Business Wire

AGCO Announces Second Quarter 2022 Earnings Release and Conference Call

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, anno...

2 months ago - Business Wire

Massey Ferguson Celebrates 175th Anniversary

Iconic Brand Marks Milestone With Renewed Dedication to Farmer-Focused Innovation Iconic Brand Marks Milestone With Renewed Dedication to Farmer-Focused Innovation

2 months ago - GlobeNewsWire

6 Low-Tech Stocks With Good Yields and Buybacks

These are top low-tech stocks with good yields and buybacks. Investors can expect these stocks to provide better returns due to these features.

Other symbols: AVTCATCMIFCFNUE
2 months ago - InvestorPlace

AGCO to Host Sustainable Technology Event

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announ...

3 months ago - Business Wire

AGCO Corp (AGCO) Invests in OPTIfarm to Boost Animal Welfare

AGCO Corp's (AGCO) latest investment supports its focus on delivering industry-leading smart farming solutions to improve farmers' net farm income and animal welfare.

3 months ago - Zacks Investment Research

6 Low-Tech Stocks That Are Ideal for Value Investors

These companies have common technology like manufacturing and mining equipment, and these low-tech stocks are now inexpensive. The post 6 Low-Tech Stocks That Are Ideal for Value Investors appeared firs...

Other symbols: CATCMICNHINUEX
3 months ago - InvestorPlace

AGCO Invests in OPTIfarm to Improve Productivity and Animal Welfare

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, has announced an investment in OPTIfarm, an eme...

3 months ago - Business Wire