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Agco Corporation (AGCO-N)
NYSE:AGCO
93.84
1.66
(1.80%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
Agco Corporation is currently facing significant challenges within the agriculture sector, exacerbated by geopolitical tensions, declining prices of key crops, and elevated interest rates. The company recently reported disappointing financial results, missing both revenue and earnings expectations. While they have taken steps to reduce costs, their outlook remains mixed. Despite announcing a forecast for 2025 that fell slightly short of expectations, there is a silver lining as crop prices remain favorable, which may boost demand for farming equipment. Nonetheless, the company's shares have taken a hit, down 20% this year, reflecting investor concerns and the ongoing struggles in the agricultural market.
Agriculture has been struggling from geopolitical worries, low prices for key crops and high interest rates. They reported a revenue miss and earnings miss this month, but trimmed costs with a mixed forecast.
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.
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.
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Agco Corporation(AGCO-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Agco Corporation(AGCO-N) Frequently Asked Questions
What is Agco Corporation stock symbol?
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
Is Agco Corporation a buy or a sell?
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.
Is Agco Corporation a good investment or a top pick?
Agco Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Agco Corporation.
Why is Agco Corporation 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 Agco Corporation worth watching?
1 stock analyst on Stockchase covered Agco Corporation In the last year. It is a trending stock that is worth watching.
What is Agco Corporation stock price?
On 2025-03-14, Agco Corporation (AGCO-N) stock closed at a price of $93.84.
