Related posts

Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)Most Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)
Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Ag Growth International Inc., trading under the symbol AFN-T, has garnered mixed reviews from experts, reflecting divergent opinions on its future potential. While some analysts express concerns about a slowdown in the farm division and management's diminishing credibility due to repeated guidance cuts, others highlight the company's promising EBITDA projections for 2024, driven by a robust backlog in agriculture infrastructure, particularly in Brazil and Eastern Europe. Various analysts note the stock’s current trading level appears discounted at 7x EBITDA, suggesting a valuation that could benefit from a potential takeover, especially since a peer was recently acquired at a higher multiple. Despite some worries about missed earnings and a cyclical profitability concern, a number of experts advocate for the fundamental strength of the food infrastructure segment, projecting growth in Q3/Q4 and emphasizing the stock's undervaluation given its stronger financial performance and recent debt reduction efforts.

Consensus
Mixed
Valuation
Undervalued
Similar
CST,CSC
DON'T BUY

Disappointing. Slowdown in farm division last year, and management anticipates continued challenges. Management keeps cutting guidance, so its credibility has taken a hit. Better use for capital elsewhere over the next year or so.

TOP PICK

He projects record EBITDA in 2024, and have a record backlog based on strong demand for agriculture infrastructure in Brazil and eastern Europe. Trades at a cheap 7x EBITDA. A peer just got acquired at 8.5x EBITDA in the U.S. Are rumours of a takeover.

(Analysts’ price target is $78.13)
TOP PICK

Believes food infrastructure business very good. Profits and revenues very strong. Management recently rejected a takeover offer. Stock way too cheap given fundamentals of business. Expecting Q3/Q4 will demonstrate further growth. 

WEAK BUY

Its fair market value is 104% of where the stock is right now. It peaked 3 months ago when it hit 4x book value. It may come down a bit. the balance sheet is okay. He wishes they had a higher yield. Is okay. Would buy at $42, but wouldn't sell on a panic either.

PAST TOP PICK
(A Top Pick Jun 28/23, Up 6%)

Last year was a record year, this year's top line not as impressive and stock pulled back. Guiding toward another record year. Record backlog in international markets. Paying down debt quickly. Unsolicited takeover offer, good chance of a higher bid.

BUY

EBITDA in Q1 missed by 8%. Timing of commercial projects moved to the second half, which market didn't expect. Concern about reversion in profitability cycle. Trades at 9x 2024 PE, lots of structural enhancements, street estimates growth at 9%. Balance sheet not perfect, but improved quite a bit. Good level to buy, underowned.

BUY

Demand for farm equipment continues to rise. Business has been performing well lately. Owns shares in company, would recommend holding. Excellent business with a good trend behind them. 

WATCH

They historically grow through acquisitions, but results have been spotty. New management then focused on organic growth. He hasn't nought it yet because analyst projections are too high for his comfort. That said, the stock is cheap. It's on his radar. Are well-positioned as global food demand continues to rise.

TOP PICK

Good way to play the agriculture sector without taking commodity risk. Global leaders. Benefits from Brazil and India upgrading farming infrastructure. Record sales last year, record backlog and increased guidance this year.  Deleveraging quite quickly. Lots of free cashflow. Only at 7x EBITDA. Potential acquisition. Yield is 1.23%.

(Analysts’ price target is $72.40)
HOLD

Makes specialized ag items like grain bins. Agriculture is very cyclical, and it's a warning sign that DE was just downgraded due to being at top of the cycle. Probably hold, but don't buy more today. Look at it next year, when it will probably be lower.

PAST TOP PICK
(A Top Pick Apr 27/22, Up 11%)

Have performed strongly in Canada. Margins are improving. Have passed on higher costs to customers. Have paid off a lot of debt in recent years. Trades at 11x PE. Not a dividend stock, and still likes it.

COMMENT

Historically when Ag Growth has reached 4X BV it sets back and it is at that point today. The market has a memory for this and investors should not bet against the market.  Regarding farm stocks in general, Nutrien looks good along with the fertilizer outlook and is down 30%. The world is very much in need of more food production.

PAST TOP PICK
(A Top Pick Mar 29/22, Up 38%)

It has stopped making acquisitions, is paying down debt quickly and has great free cash flow. It is in the storage and handling systems business for grains, fertilizers and other agricultural products and does not have commodity risks. It has reported record profits and is guiding to decent growth with a big backlog. Trading at 7 1/2 times EBITA

SELL

Peak valuation now. He models $60, today's price. Would buy at $35. It's cyclical which will decline in a recession.

HOLD
Hold or take profits?

Stock and FMV have been doing well -- decent, but not fabulous. Potential of $70. They're in one of the exciting businesses.

Showing 1 to 15 of 168 entries

Ag Growth International Inc(AFN-T) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 9

Stockchase rating for Ag Growth International Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 9 stock analysts published opinions about AFN-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

9 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 2025-04-11, Ag Growth International Inc (AFN-T) stock closed at a price of $31.58.