TSE:AFN
40.00
1.42
(3.68%)
Ag Growth International Inc
AFN-T
Analysis and Opinions about AFN-T
Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
October 8, 2020
Hit by Covid. Balance sheet not great. Problems with storage bins, and the market overreacted. Long-term growth story over time, a year or two, you can own it, but it's risky. Fairly cheap, decent growth. Good opportunity.
Show full opinionHide full opinion
Hit by Covid. Balance sheet not great. Problems with storage bins, and the market overreacted. Long-term growth story over time, a year or two, you can own it, but it's risky. Fairly cheap, decent growth. Good opportunity.
DON'T BUY
DON'T BUY
April 6, 2020
It supplies implements to the agriculture sector. The problem is that business around the world has stopped. He thinks a dividend cut could be coming. He would continue to watch it from the sidelines.
Show full opinionHide full opinionIt supplies implements to the agriculture sector. The problem is that business around the world has stopped. He thinks a dividend cut could be coming. He would continue to watch it from the sidelines.
BUY
BUY
January 14, 2020
A small-cap. It's well-managed and have expanded into the U.S. from where they receive a lot of revenues. AG will perform in line with U.S. agriculture. Overall a good name.
Show full opinionHide full opinionA small-cap. It's well-managed and have expanded into the U.S. from where they receive a lot of revenues. AG will perform in line with U.S. agriculture. Overall a good name.
COMMENT
COMMENT
November 20, 2019
An interesting stock. Given severe weather lately, he expects low crop yields to come and trouble in the food space. This and other companies in this sector are worth looking at now.
Show full opinionHide full opinionAn interesting stock. Given severe weather lately, he expects low crop yields to come and trouble in the food space. This and other companies in this sector are worth looking at now.
SPECULATIVE BUY
SPECULATIVE BUY
September 20, 2019
Lots of industrial stocks got beaten up by the trade talks since it’s part of the agricultural complex. In Q2, they had a sizeable downward guidance due to weather issues. They also have more elevated leverage. With better weather, you could get upside surprises and you could be sheltered from a recession here.
Show full opinionHide full opinionLots of industrial stocks got beaten up by the trade talks since it’s part of the agricultural complex. In Q2, they had a sizeable downward guidance due to weather issues. They also have more elevated leverage. With better weather, you could get upside surprises and you could be sheltered from a recession here.
WATCH
WATCH
August 12, 2019
The market knows where the lows in December were. It will likely have a bullish go of it in late August. Let the news digest before buying any. See how the next couple of days go. This is a critical area if you look back in 2017 to when it broke out. (Analysts’ price target is $63.06)
Show full opinionHide full opinionThe market knows where the lows in December were. It will likely have a bullish go of it in late August. Let the news digest before buying any. See how the next couple of days go. This is a critical area if you look back in 2017 to when it broke out. (Analysts’ price target is $63.06)
PAST TOP PICK
PAST TOP PICK
June 13, 2019
(A Top Pick Jun 13/18, Down 3%) He still likes this story. They guided to a much better second half. He likes the management team. About 16.5 times earnings.
Show full opinionHide full opinion(A Top Pick Jun 13/18, Down 3%) He still likes this story. They guided to a much better second half. He likes the management team. About 16.5 times earnings.
BUY
BUY
May 2, 2019
He likes this name but it has an indebted balance sheet. Trading at 14.5 times peers. He likes the dividend as well. As long as you are not concern with a recession you are OK buying this name.
Show full opinionHide full opinionHe likes this name but it has an indebted balance sheet. Trading at 14.5 times peers. He likes the dividend as well. As long as you are not concern with a recession you are OK buying this name.
TOP PICK
TOP PICK
March 18, 2019
A great growth story. It's expanded its reach from a dozen to over 100 countries, and enlarged its product range. They sees 17% EPS growth. It's trading below its historic average. Just remember it's a small cap, and don't own this during a recession. (Analysts’ price target is $73.00)
Show full opinionHide full opinionA great growth story. It's expanded its reach from a dozen to over 100 countries, and enlarged its product range. They sees 17% EPS growth. It's trading below its historic average. Just remember it's a small cap, and don't own this during a recession. (Analysts’ price target is $73.00)
WATCH
WATCH
February 26, 2019
They just opened a Brazillian operation, but it's really a play on domestic agriculture. They have nice products, but this really depends on crops prices and technological changes. He'd definitely look at this with an eye to buying.
Show full opinionHide full opinionThey just opened a Brazillian operation, but it's really a play on domestic agriculture. They have nice products, but this really depends on crops prices and technological changes. He'd definitely look at this with an eye to buying.
BUY
BUY
February 21, 2019
Very volatile name. Leverage is high. But it is in a good secular positive sector. Has good revenues synergies from past acquisitions. Trades cheaper than its peers. Not for the faint of hearts. Small-cap name. All in combined with the dividend he likes it if you can tolerate the movement.
Show full opinionHide full opinionVery volatile name. Leverage is high. But it is in a good secular positive sector. Has good revenues synergies from past acquisitions. Trades cheaper than its peers. Not for the faint of hearts. Small-cap name. All in combined with the dividend he likes it if you can tolerate the movement.
BUY
BUY
October 29, 2018
He's longed owned it and happy with it. They just closed a purchased and have grown a lot by acquisition over the years. Equity deal brought their stock down a bit, but their balance is much better, they have assimilated those purchases, and are in the position to do more. Nice dividend, but haven't raised it in a while, because they're spending their cash on purchases. Steady as she goes here. Growth will pick up in 2019.
He's longed owned it and happy with it. They just closed a purchased and have grown a lot by acquisition over the years. Equity deal brought their stock down a bit, but their balance is much better, they have assimilated those purchases, and are in the position to do more. Nice dividend, but haven't raised it in a while, because they're spending their cash on purchases. Steady as she goes here. Growth will pick up in 2019.
COMMENT
COMMENT
August 24, 2018
Likes this name. A safe, growing business. Ag stocks have been underperforming in general. Always had a premium valuation. Trading at 13x cash flow. Seems rich. Not too worried about the trade issues. (Analysts’ price target is $71.14.)
Likes this name. A safe, growing business. Ag stocks have been underperforming in general. Always had a premium valuation. Trading at 13x cash flow. Seems rich. Not too worried about the trade issues. (Analysts’ price target is $71.14.)
TOP PICK
TOP PICK
June 13, 2018
A food infrastructure play. They produce augers and storage equipment. Their last quarter saw sales up 30%. They will be raising prices soon and should be able to protect their margin growth. Their backlog has grown and he thinks this confirms their growth opportunities. They are entering international markets, which could increase the likelihood of a take-over. Yield 4.2%. (Analysts’ price target is $67.38)
A food infrastructure play. They produce augers and storage equipment. Their last quarter saw sales up 30%. They will be raising prices soon and should be able to protect their margin growth. Their backlog has grown and he thinks this confirms their growth opportunities. They are entering international markets, which could increase the likelihood of a take-over. Yield 4.2%. (Analysts’ price target is $67.38)
PAST TOP PICK
PAST TOP PICK
June 5, 2018
(Past Top Pick on January 26, 2018, Up 4%) They store and transport grain. Agriculture is a growing sector because of population growth and rising living standards in emerging markets. They aren't hurt by fluctating grain prices, but benefit from rising grain volume. There's a good runway for growth.
(Past Top Pick on January 26, 2018, Up 4%) They store and transport grain. Agriculture is a growing sector because of population growth and rising living standards in emerging markets. They aren't hurt by fluctating grain prices, but benefit from rising grain volume. There's a good runway for growth.
Ag Growth International Inc(AFN-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
Ag Growth International Inc(AFN-T) Frequently Asked Questions
What is Ag Growth International Inc stock symbol?
Ag Growth International Inc is a Canadian stock, trading under the symbol AFN-T on the Toronto Stock Exchange (AFN-CT). It is usually referred to as TSX:AFN or AFN-T
Is Ag Growth International Inc a buy or a sell?
In the last year, 3 stock analysts published opinions about AFN-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is SPECULATIVE BUY. Read the latest stock experts' ratings for Ag Growth International Inc.
Is Ag Growth International Inc a good investment or a top pick?
Ag Growth International Inc was recommended as a Top Pick by Greg Newman on 2020-10-08. Read the latest stock experts ratings for Ag Growth International Inc.
Why is Ag Growth International Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Ag Growth International Inc worth watching?
3 stock analysts on Stockchase covered Ag Growth International Inc In the last year. It is a trending stock that is worth watching.
What is Ag Growth International Inc stock price?
On 2021-01-15, Ag Growth International Inc (AFN-T) stock closed at a price of $40.
