TSE:AFN

56.57
0.36 (0.63%) 1d
0

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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

Ag Growth International Inc (AFN-T) is a global leader in specialized ag items like grain bins and has historically grown through acquisitions. However, with spotty results, new management is now focusing on organic growth. The stock is considered cheap and well-positioned as global food demand rises. With record sales, backlog, and increased guidance, the company is deleveraging quickly and has lots of free cashflow. It has stopped making acquisitions, is paying down debt quickly, and has great free cash flow.

Consensus
Hold
Valuation
Fair Value
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.

machinery
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)
machinery
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.

machinery
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.

machinery
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.

machinery
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

machinery
SELL

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

machinery
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.

machinery
BUY ON WEAKNESS

Agriculture business in Canada booming due to Russia/Ukraine war.
Expecting strong demand going forward.
Good crops last year supplying farms with more cash to grow.
Cyclical business that is up and down.
Does not own share in the company and hasn't done research.


machinery
Unspecified
It was a top pick this year and has a new CEO. The company is talking about de-leveraging and should be able to pay off some debt. At 3.8 this year - should be lower next year. There is a more integrated sales force and a more wholistic approach.
machinery
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Continues on growth path via acquisition. Business is inherently volatile. Dividend and payout ratio are attractive. Getting past Ukraine and Westeel issues.
machinery
PAST TOP PICK
(A Top Pick Nov 09/21, Up 18%) One of his favourites and should have record results. Has been on M&A binge for 10 years. The new CEO is focused on cost integration, sales synergies and debt reduction. Very cheap and a safe way to play agriculture.
machinery
PAST TOP PICK
(A Top Pick Sep 21/21, Up 32%) Storage and handling agriculture products. As demand for those products grows, they'll continue to do well. Time in the penalty box is behind them.
machinery
BUY ON WEAKNESS
Business is presenting good buying opportunity at current prices. Russia/Ukraine will not affect business too much. Good management that is reducing debt at a high rate. Running at record backlog of orders. Margins stable and supply chain issues not a problem.
machinery
TOP PICK
Turned the corner. Price has increased, but still a compelling valuation. Right place at right time, as the world is more focused on food supply, much of it due to war in Ukraine. Significant demand for products, backlogs are building. Expects fairly significant capital appreciation. Recently refinanced. Possible dividend increases or buybacks in a year or two. Yield is 1.6%. (Analysts’ price target is $51.44)
machinery
Showing 1 to 15 of 161 entries

Ag Growth International Inc(AFN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

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, 5 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 . 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?

5 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 2024-02-29, Ag Growth International Inc (AFN-T) stock closed at a price of $56.57.