Yesterday, they reported a strong earnings beat and beat sales, but they also reiterated their full-year forecast instead of raising it. 2023 could be another good year.
Great footprint in Latin America. Well-positioned and has great free cash flow. Accumulating market share away from John Deere and others.
Agco Corporation is a American stock, trading under the symbol AGCO-N on the New York Stock Exchange (AGCO). It is usually referred to as NYSE:AGCO or AGCO-N
In the last year, there was no coverage of Agco Corporation published on Stockchase.
Agco Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Agco Corporation.
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0 stock analysts on Stockchase covered Agco Corporation In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Agco Corporation (AGCO-N) stock closed at a price of $98.88.
Farm equipment manufacturer. Smaller competitor to DE, which he also owns. Trades around 9x next year's expected earnings. Reasonable debt. Expanding footprint. 58% of revenue comes from Europe, and this has weighed on stock, but it will pass. Farm prices are rising. Tech-enhanced equipment increases crop yields. Yield is 0.81%.
(Analysts’ price target is $154.17)