Buy, Sell or Hold: Ag Growth International Inc (AFN-T)

Home Daily Stock Opinions and Ratings Ag Growth International Inc (AFN-T)

TSE:AFN

41.37

1.66 (3.86%) 1d

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

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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

TOP PICK

It's a safe agriculture play. They just announced record sales and are guiding to a 14% increase in EBITDA this year. The North American farm equipment business is strong. Operations in Brazil, India and eastern Europe are also strong, they have only 3% of their business in Ukraine and Russia, which is not a worry. Though shares are up 35% this year, the valuation remains very low at 8x EBITDA. A core holding of his. (Analysts’ price target is $51.22)

machinery

BUY

Has recommend stock in the past. A lot of positive aspects to the company. Expecting continued growth. Stock price should trade around $50 per share. Reasonable priced when compared to peers in industry.

machinery

BUY

They just bought Eastern Fabricators, specializing in food-handling systems. A smart deal. The need for food-processing equipment will soar in coming years.

machinery

BUY

He was buying it in the high $20s and it was a previous TOP PICK. The company is a global manufacturer of storage and handling ag products. They have a record backlog. Steel cost increases have been managed well. Their debt is a bit high, but the company is obsessed with reducing leverage. The acquisition binge they were previously on has taken time. This is a great entry point.

machinery

BUY

Punished due to grain incident. Close to coming out the other side. Right industry, right time. Competes with fertilizer companies, which are trading at high multiples. Expects it to regain ground in next couple of years. Reasonable multiple.

machinery

TOP PICK

Stock's beaten up. Record sales, profits, and backlog. Tremendous growth, as there's aging farming infrastructure worldwide. Great way to play agriculture without taking commodity risk. Yield is 2.02%. (Analysts’ price target is $46.02)

machinery

PAST TOP PICK

(A Top Pick Jun 30/21, Down 25%) The macro conditions are good now with demand for farm equipment. Farmers are flush and are buying. However, AFN got hit with a lawsuit with a grain bin collapse on the west coast--a temporary issue, he thinks. He holds a few shares.

machinery

WATCH

This is the perfect environment for them to be hitting on all cylinders. Their move into international markets in South America -- foreign exchange is hurting them. Farmers are spending a lot on equipment and machinery and not updating storage and grain bins. They is still a pending a law suit on a grain bin collapse from a year ago. He is watching it.

machinery

TOP PICK

Many agriculture stocks have done very well, but AFN has seen a few setbacks, like litigation. But AFN crop yields are improving and the agriculture space is well-positioned. Growth by acquiring has declined, but he expects their technological expertise to increase. (Analysts’ price target is $46.63)

machinery

TOP PICK

Global seller of farm equipment. Well run. Strong crop prices benefit them, as farmers have more money to replace farm equipment. Attractive valuation, positive demand outlook. Yield is 1.60%. (Analysts’ price target is $55.75)

machinery

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Ag Growth International Inc(AFN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 8

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, 8 stock analysts published opinions about AFN-T. 8 analysts recommended to BUY the stock. 0 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?

8 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 2022-12-06, Ag Growth International Inc (AFN-T) stock closed at a price of $41.37.

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Ag Growth International Inc (AFN-T)

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Ag Growth International Inc(AFN-T)

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Ag Growth International Inc(AFN-T)

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Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T)

Ag Growth International Inc(AFN-T) Rating

Ag Growth International Inc(AFN-T) Frequently Asked Questions

What is Ag Growth International Inc stock symbol?

Is Ag Growth International Inc a buy or a sell?

Is Ag Growth International Inc a good investment or a top pick?

Why is Ag Growth International Inc stock dropping?

Is Ag Growth International Inc worth watching?

What is Ag Growth International Inc stock price?

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