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Investor Insights

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

Experts are optimistic about the future prospects of Ag Growth International Inc, citing strong demand for agriculture infrastructure, record EBITDA projections, and a record backlog in international markets. Some experts believe the stock is undervalued given its strong fundamentals and rejected takeover offers, while others express concerns about missed earnings and timing of commercial projects. Overall, there is a positive outlook on the company's performance and potential for growth.

Consensus
Positive
Valuation
Undervalued
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)
machinery
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. 

machinery
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.

machinery
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.

machinery
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.

machinery
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. 

machinery
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
Showing 1 to 15 of 167 entries

Ag Growth International Inc(AFN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

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, 4 stock analysts published opinions about AFN-T. 4 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?

4 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 2024-12-06, Ag Growth International Inc (AFN-T) stock closed at a price of $53.78.