AGCO Corporation (AGCO)
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]
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 StatementsAnalyst 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.
News
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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.
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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 ...
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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...
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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...
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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...
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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...
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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 ...
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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.
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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,...
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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.