AGCO Corporation (AGCO)

NYSE: AGCO · IEX Real-Time Price · USD
116.61
-1.06 (-0.90%)
At close: Apr 26, 2024, 4:00 PM
116.93
+0.32 (0.27%)
After-hours: Apr 26, 2024, 7:51 PM EDT
-0.90%
Market Cap 8.70B
Revenue (ttm) 14.41B
Net Income (ttm) 1.17B
Shares Out 74.62M
EPS (ttm) 15.63
PE Ratio 7.46
Forward PE 8.85
Dividend $1.16 (0.99%)
Ex-Dividend Date May 17, 2024
Volume 639,916
Open 117.64
Previous Close 117.67
Day's Range 116.23 - 118.18
52-Week Range 105.77 - 140.46
Beta 1.33
Analysts Buy
Price Target 151.78 (+30.16%)
Earnings Date May 2, 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 9 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is $151.78, which is an increase of 30.16% from the latest price.

Price Target
$151.78
(30.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days 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...

8 days 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 ...

15 days 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
20 days 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,...

26 days 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
26 days ago - PRNewsWire

AGCO Progresses on its Sustainability Journey, Giving Farmers MorePrecision Ag and Clean Technology Solutions

Company Highlights New Products, New Targets and New Records in 2023 Sustainability Report DULUTH, Ga., March 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, man...

4 weeks ago - PRNewsWire

AGCO on Their Pursuit Of the Largest Agriculture Tech Deal Ever

Eric Hansotia, AGCO CEO, to discuss the strategic reasons behind AGCO's pursuit of the largest ag tech deal ever. He spoke with Alix Steel and Paul Sweeney on Bloomberg Radio.

5 weeks ago - Bloomberg Markets and Finance

AGCO Invests EUR 70 million in AGCO Power Facility in Linnavuori, Finland to Increase Sustainable Product Offerings and Support Future Growth

NOKIA, Finland--(BUSINESS WIRE)-- #Linnavuori--AGCO is announcing a EUR 70 million investment in its Linnavuori plant in Nokia, Finland to accelerate further clean energy innovations.

5 weeks ago - Business Wire

AGCO Names Nick Nelson 2023 NA Technician of the Year

Ag Technician from AGCO dealership Java Farm Supply in North Java, New York, captures title after a three-day competition that highlighted the skills and abilities of ag equipment professionals. DULUT...

5 weeks ago - PRNewsWire

AGCO to Present at the 2024 JP Morgan Industrials Conference

DULUTH, Ga. , March 11, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technol...

6 weeks ago - PRNewsWire

AGCO to Present at the 2024 Morgan Stanley Technology, Media & Telecom Conference

DULUTH, Ga. , March 4, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technolo...

7 weeks ago - PRNewsWire

AGCO's Fendt®, Massey Ferguson®, Precision Planting® & GSI® Offer Expansive, Farmer-Focused Exhibit at 2024 Commodity Classic

DULUTH, Ga.--(BUSINESS WIRE)-- #ComClassic--AGCO's exhibit at the 2024 Commodity Classic will feature award-winning products from across its popular brands.

2 months ago - Business Wire

AGCO to Present at the 2024 Barclays Industrial Select Conference

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, ...

2 months ago - Business Wire

Massey Ferguson® Launches the MF 3 Series Specialty Tractor, a High-Value-Per-Dollar Tractor Solution for Vineyards and Orchards

The Massey Ferguson 3 Series Specialty tractor provides power and comfort with a smaller carbon footprint. The Massey Ferguson 3 Series Specialty tractor provides power and comfort with a smaller carb...

2 months ago - GlobeNewsWire

AGCO's Display at 2024 National Farm Machinery Show to Highlight New and Award-Winning Solutions

DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO's exhibit at NFMS will include new equipment such as Fendt's 200 Vario tractor & 30-foot Momentum planter, and Massey Ferguson's 500R sprayer.

2 months ago - Business Wire

AGCO to Exhibit New and Award-Winning Equipment at 2024 World Ag Expo

DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO's exhibit at World Ag Expo will feature the NA debut of the Massey Ferguson 3 Specialty tractor & cutting-edge solutions from Fendt.

2 months ago - Business Wire

AGCO Earnings Miss Estimates. The Stock Is Soaring.

The Deere competitor sees sales coming in at about $13.6 billion, down from $14.4 billion generated in 2023.

2 months ago - Barrons

AGCO Reports Fourth Quarter and Full Year Results

DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported n...

2 months ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of AGCO Corporation (NYSE: AGCO) and Encourages Investors to Contact the Firm

PHILADELPHIA , Jan. 31, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating AGCO Corporation (NYSE: AGCO) on behalf of the company's investors. The investigation seeks to determine...

3 months ago - PRNewsWire

AGCO Launches FarmerCore to Bring the Dealer Experience Directly to the Farm

DULUTH, Ga.--(BUSINESS WIRE)--AGCO announced the launch of FarmerCore, a transformative global initiative to deliver a next-generation farmer and dealer experience.

3 months ago - Business Wire

AGCO Announces Fourth-Quarter 2023 Earnings Release and Conference Call

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology,...

3 months ago - Business Wire

AGCO Announces Quarterly Dividend

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology,...

3 months ago - Business Wire

AGCO Names Viren Shah as Chief Digital & Information Officer

DULUTH, Ga.--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the addition of a Chief Di...

4 months ago - Business Wire

AGCO Names Lee Pemberton 2023 Operator of the Year

DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO named Lee Pemberton of Makin' Trax Contractors the 2023 Operator of the Year at the ARA Expo in Orlando, FL, on November 29, 2023.

4 months ago - Business Wire