This summary was created by AI, based on 1 opinions in the last 12 months.
Agco Corporation (AGCO-N) announced a 2025 forecast that fell a bit short, causing a 20% decrease in shares this year. However, with crop prices in good shape, there is optimism as farmers are encouraged to purchase farming equipment. This indicates a potential opportunity for future growth and recovery for the company.
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)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, 1 stock analyst published opinions about AGCO-N. 1 analyst 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 Agco Corporation.
Agco Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Agco Corporation.
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.
1 stock analyst on Stockchase covered Agco Corporation In the last year. It is a trending stock that is worth watching.
On 2025-01-10, Agco Corporation (AGCO-N) stock closed at a price of $90.85.
Yesterday, they announced a 2025 forecast that was a tad short, but crop prices are in good shape, which encourages farmers to buy farming equipment. Shares are down 20% this year.