에 대한 최신 뉴스 AGCO (NYSE:AGCO) 주식

AGCO

Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes about 3,100 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.

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2024년은 기록상 가장 더운 해 중 하나가 될 것으로 예상됨에 따라 폭염이 미국 여러 지역을 휩쓸 것으로 예상된다. 예보: 국립 기상청(NWS)에 따르면 거의 1억 5천만 명의 미국인이 목요일 폭염 주의보 또는 주의보를 받고 있다.

8월 폭염 영향으로 약 1.5억 명의 미국인이 피해를 겪으면서 주목해야 할 12개 주식

AGCO Corp

Truist Securities analyst Jamie Cook reiterates AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Buy and lowers the price target from $116 to $109.

Price Target

Reiteration

Analyst Ratings

Truist Securities Reiterates Buy on AGCO, Lowers Price Target to $109

Analysts' ratings for AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) over the last quarter vary from bullish to bearish, as provided by 7 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for AGCO, revealing an average target of $107.71, a high estimate of $127.00, and a low estimate of $99.00. This current average has decreased by 1.18% from the previous average price target of $109.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1734638411_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive AGCO. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$116.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$101.00</td>
<td>-</td>
</tr>
<tr>
<td>Jerry Revich</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$99.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Kristen Owen</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$111.00</td>
<td>$131.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$127.00</td>
<td>$118.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to AGCO. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AGCO compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
To gain a panoramic view of AGCO's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/AGCO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on AGCO analyst ratings.</a>
<h2>Get to Know AGCO Better</h2>
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes about 3,100 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
<h3>AGCO: A Financial Overview</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: AGCO's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -24.78%. This indicates a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: AGCO's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.15%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.73%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): AGCO's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.22% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: AGCO's debt-to-equity ratio stands notably higher than the industry average, reaching 1.0. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

7 Analysts Assess AGCO: What You Need To Know

Guidance

AGCO Sees 2025 Adj. EPS $4.00-$4.50, Net Sales ~$9.6B

AGCO Targeting To Improve Adjusted Mid-Cycle Adj. Operating Margins To 14-15% And Annually Deliver Free Cash Flow Conversion Of 75-100% By 2029

Truist Securities analyst Jamie Cook maintains AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Buy and raises the price target from $110 to $116.

Truist Securities Maintains Buy on AGCO, Raises Price Target to $116

Tractors and Farm Equipment Limited is the largest shareholder of AGCO Corporation with a 16.3% long-term, strategic equity stake in the Company.

AGCO Shareholder TAFE Calls Company To Address Critical Questions Regarding Strategic Priorities During 2024 Analyst Day

Citigroup analyst Kyle Menges maintains AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Neutral and raises the price target from $95 to $100.

Citigroup Maintains Neutral on AGCO, Raises Price Target to $100

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/03/final-trades-amazon-agco-on-holding-and-las-vegas-sands.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management said he is <a href="https://www.benzinga.com/24/12/42301222/amazon-stock-moves-higher-as-aws-unveils-new-ai-advancements-what-you-need-to-know">staying long on </a>Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
Amazon Web Services made a slew of announcements at its re:Invent 2024 conference, including the general availability of Trainium2, new database capabilities, Bedrock updates and new foundation models. Here's what you need to know. Amazon's biggest conference of the year, AWS re:Invent 2024, kicked off this week with sessions set to run through Friday.
Brian Belski of BMO Capital Markets named AGCO Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>), an industrial stock.
On Tuesday, Morgan Stanley analyst Angel Castillo initiated coverage on AGCO with an Equal-Weight rating and announced a price target of $101.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Jim Lebenthal of Cerity Partners picked On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>).
On Nov. 12, On Holding reported better-than-expected third-quarter sales results and raised its FY24 net sales guidance. On Holding reported quarterly earnings of 17 cents per share which missed the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $734.52 million, which beat the analyst consensus estimate of $704.58 million.
Stephanie Link of Hightower picked Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), saying the stock has done nothing in four years, and 2025 sets up really well.
On Oct. 23, Las Vegas Sands reported quarterly earnings of 44 cents per share which missed the analyst consensus estimate of 54 cents per share. The company reported quarterly sales of $2.680 billion, which missed the analyst consensus estimate of $2.781 billion.
Price Action:
<ul>
<li>Amazon shares gained 1.3% to close at $213.44 on Tuesday.</li>
<li>AGCO shares fell by 0.9% to settle at $100.56 during Tuesday's session.</li>
<li>On Holding shares gained by 1.7% to close at $59.54 during Tuesday's session.</li>
<li>Las Vegas Sands fell by 2% to settle at $53.90 during the session.</li>
</ul>
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Across the recent three months, 5 analysts have shared their insights on AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated AGCO and provided 12-month price targets. The average target is $107.6, accompanied by a high estimate of $127.00 and a low estimate of $99.00. A 4.14% drop is evident in the current average compared to the previous average price target of $112.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1733245253_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of AGCO by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$101.00</td>
<td>-</td>
</tr>
<tr>
<td>Jerry Revich</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$99.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Kristen Owen</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$111.00</td>
<td>$131.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$127.00</td>
<td>$118.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AGCO. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AGCO compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of AGCO's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of AGCO's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AGCO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on AGCO analyst ratings.</a>
<h2>Discovering AGCO: A Closer Look</h2>
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes about 3,100 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
<h3>AGCO's Economic Impact: An Analysis</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3 months period, AGCO faced challenges, resulting in a decline of approximately -24.78% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: AGCO's net margin is impressive, surpassing industry averages. With a net margin of 1.15%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): AGCO's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.73% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): AGCO's ROA stands out, surpassing industry averages. With an impressive ROA of 0.22%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 1.0, AGCO faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

What 5 Analyst Ratings Have To Say About AGCO

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/63b4193ec6cb260001d7903e/paul-zimbardo">Jefferies analyst Paul Zimbardo</a> initiated coverage on Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>) with an Underperform rating and announced a price target of $52. Eversource Energy shares closed at $63.67 on Monday. <a href="https://www.benzinga.com/quote/ES/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein analyst Alexia Howard initiated coverage on Lamb Weston Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>) with a Market Perform rating and announced a price target of $85. Lamb Weston shares closed at $78.34 on Monday. <a href="https://www.benzinga.com/quote/lw/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley analyst Angel Castillo initiated coverage on AGCO Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with an Equal-Weight rating and announced a price target of $101. AGCO shares closed at $101.50 on Monday. <a href="https://www.benzinga.com/quote/AGCO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein analyst Nadine Sarwat initiated coverage on Coca-Cola Europacific Partners PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCEP#NASDAQ">CCEP</a>) with a Market Perform rating and announced a price target of $82. Coca-Cola Europacific shares closed at $76.40 on Monday. <a href="https://www.benzinga.com/quote/CCEP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Lee Horowitz initiated coverage on Maplebear Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>) with a Hold rating and announced a price target of $37. Maplebear shares closed at $43.51 on Monday. <a href="https://www.benzinga.com/quote/CART/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Morgan Stanley analyst Angel Castillo initiates coverage on AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Equal-Weight rating and announces Price Target of $101.

Morgan Stanley Initiates Coverage On AGCO with Equal-Weight Rating, Announces Price Target of $101

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It was revealed in a recent SEC filing that Bob Lange De, Board Member at AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) made a noteworthy insider purchase on November 15,.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000880266/000162828024048034//Archives/edgar/data/880266/000162828024048034/0001628280-24-048034-index.htm">U.S. Securities and Exchange Commission</a> on Friday unveiled that De made a notable purchase of 2,740 shares of AGCO, valuing at $251,532.
As of Friday morning, AGCO shares are down by 0.0%, currently priced at $92.03.
<h3>About AGCO</h3>
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes about 3,100 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
<h3>Financial Milestones: AGCO's Journey</h3>
Revenue Growth: AGCO's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -24.78%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Interpreting Earnings Metrics:
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Gross Margin: The company shows a low gross margin of 23.2%, suggesting potential challenges in cost control and profitability compared to its peers.
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Earnings per Share (EPS): AGCO's EPS is below the industry average. The company faced challenges with a current EPS of 0.4. This suggests a potential decline in earnings.
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</ul>
Debt Management: AGCO's debt-to-equity ratio is below the industry average. With a ratio of 1.0, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Assessing Valuation Metrics:
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Price to Earnings (P/E) Ratio: AGCO's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 40.85.
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Price to Sales (P/S) Ratio: The P/S ratio of 0.55 is lower than the industry average, implying a discounted valuation for AGCO's stock in relation to sales performance.
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EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 17.21, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Important</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000880266">Check Out The Full List Of AGCO's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Major Purchase Alert: Bob Lange De Invests $251K In AGCO Stock

Goldman Sachs analyst Jerry Revich maintains AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Neutral and lowers the price target from $112 to $99.

Goldman Sachs Maintains Neutral on AGCO, Lowers Price Target to $99

Oppenheimer analyst Kristen Owen maintains AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Outperform and lowers the price target from $131 to $111.

Oppenheimer Maintains Outperform on AGCO, Lowers Price Target to $111

WIIM

AGCO shares are trading lower after the company reported worse-than-expected Q3 financial results and cut its FY24 guidance below estimates.

AGCO Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) shares slipped after the company reported worse-than-expected third-quarter results and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41741857/agco-reports-third-quarter-results" rel="noreferrer noopener">lowered its 2024 outlook.</a>
AGCO reported a third-quarter net sales decline of 24.8% year over year to $2.599 billion, missing the consensus of $2.90 billion.
Regional Sales: South America -47% YoY, Europe/Middle East -18.2% YoY, North America -21.8% YoY, and Asia/Pacific/Africa -11.7% YoY.
Adjusted operating income slid 67% year over year to $143.8 million, and the margin contracted by 710 bps to 5.5%. The gross profit declined 35.4% year-over-year to $603.1 million, and the margin declined 383 bps to 23.2%.
The company reported regional operating margin performance with EME at 6.4%, North America at 7.2%, South America at 11.8%, and APA at 3.8%.
Adjusted EPS of $0.68, down from $3.97 a year ago, <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">missing the consensus of $1.08.</a>
AGCO&#8217;s cash used in operating activities for the nine months ended September was $108 million, down from cash provided of $202.7 million a year ago. As of September 30, cash and equivalents stood at $642.6 million.
&#8220;We continue to execute against our Farmer-First strategy focused on enhancing profitability through the cycle with our three high-margin initiatives, recent portfolio moves and aggressive actions to control expenses including our ongoing restructuring program,&#8221; said Eric&nbsp;Hansotia, AGCO&#8217;s Chairman, President and Chief Executive Officer.
&#8220;The reaffirmation of our full-year adjusted operating margin&nbsp;outlook&nbsp;of&nbsp;9%&nbsp;underscores this transformation, especially considering the significant market downturn in the&nbsp;third quarter. Low commodity prices and high input costs led to increased conservatism from our dealers and farmers resulting in ongoing production cuts to help reduce AGCO and dealer inventories.&#8221;
The company&#8217;s regular quarterly dividend of $0.29 per common share will be paid on December 16 to all stockholders of <a href="https://www.benzinga.com//node/41528553">record as of the close of business on November 15.</a>
2024 Outlook, lowered: The agricultural machinery maker now expects net sales of $12 billion (prior $12.5 billion) versus the $12.445 billion consensus, <a href="https://www.benzinga.com/calendars/guidance">reflecting lower sales volumes.</a>
AGCO now expects adjusted EPS of ~$7.50 (prior $8.00) versus the consensus of $7.93. The company reaffirms its adjusted&nbsp;operating margin expectation of ~9%.
Price Action: AGCO shares are trading lower by 10.4% at $87.66 at the last check Tuesday.

Earnings

Movers

AGCO Shares Drop As Q3 Results Miss Expectations, 2024 Outlook Cut Amid Softened Global Demand

Outlook
On April 1, 2024,&nbsp;AGCO acquired an 85% stake in PTx Trimble, and Trimble retains a 15% stake. AGCO began consolidating the PTx Trimble joint venture into its consolidated financial statements on April 1, 2024. On November 1, 2024, AGCO closed the previously announced divestiture of the Grain &amp; Protein business.
AGCO's net sales for 2024 are expected to be approximately $12.0 billion, reflecting lower sales volumes. Adjusted operating margins are projected to be approximately 9%, reflecting the impacts of lower sales, lower production volumes, increased cost controls and modestly lower investments in engineering. Based on these assumptions, 2024 adjusted earnings per share are targeted at approximately $7.50.

AGCO Lowers 2024 Outlook; Now Sees Net Sales Of Around $12B (Prior $12.5B) Vs. $12.445B Est.; Sees Adjusted EPS Of $7.50 (Prior $8.00) Vs. $7.93 Est.

AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) reported quarterly earnings of $0.68 per share which missed the analyst consensus estimate of $1.08 by 37.04 percent. This is a 82.87 percent decrease over earnings of $3.97 per share from the same period last year. The company reported quarterly sales of $2.599 billion which missed the analyst consensus estimate of $2.900 billion by 10.39 percent. This is a 24.80 percent decrease over sales of $3.456 billion the same period last year.

Earnings Misses

AGCO Q3 2024 Adj. EPS $0.68 Misses $1.08 Estimate, Sales $2.599B Miss $2.900B Estimate

In terms of its 2025 outlook, Agco (AGCO) stated: "Agco's net sales for 2025 are expected to be approximately $9.6B as market share gains are more ...

Agco sees 2025 market share gains 'more than offset' by soft demand, destocking

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Baird lowered the firm's price target on Agco (AGCO) to $119 from $127 and keeps an Outperform rating on the shares after the company held its anal...

Agco price target lowered to $119 from $127 at Baird

The latest announcement is out from Agco ( ($AGCO) ). AGCO Corporation announced ambitious long-term financial targets at its 2024 Analyst Meeting,...

AGCO Unveils 'Farmer-First' Strategy to Boost Growth

Bernstein raised the firm's price target on Agco (AGCO) to $97 from $87 and keeps a Market Perform rating on the shares. Agco offered incremental t...

Agco price target raised to $97 from $87 at Bernstein

Agco (AGCO – Research Report), the Industrials sector company, was revisited by a Wall Street analyst yesterday. Analyst Chad Dillard from Bernstei...

AGCO's Ambitious Margin Targets and Conservative Outlook Lead to Hold Rating

Jefferies analyst Stephen Volkmann maintained a Buy rating on Agco (AGCO – Research Report) today and set a price target of $120.00. The company's ...

Jefferies Remains a Buy on Agco (AGCO)

Alamo Group: Too Soon For An Upgrade

In a report released today, Jamie Cook from Truist Financial reiterated a Buy rating on Agco (AGCO – Research Report), with a price target of $109....

Agco (AGCO) Gets a Buy from Truist Financial

Truist analyst Jamie Cook lowered the firm's price target on Agco (AGCO) to $109 from $116 and keeps a Buy rating on the shares. The firm cites the...

Agco price target lowered to $109 from $116 at Truist

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Press Releases

AMERICAN INDUSTRIAL PARTNERS COMPLETES ACQUISITION OF AGCO'S GRAIN & PROTEIN BUSINESS

AGCO Agriculture Foundation Donates $50,000 to Weathered But Strong: Hurricane Relief Fund

AGCO REPORTS THIRD-QUARTER RESULTS

TAFE Submits Proposal to Separate Board Chair and CEO Roles at AGCO's 2025 Annual Meeting

AGCO Celebrates Grand Opening of AGCO Technician Training Center at Parkland College

AGCO TO HOST ANALYST MEETING

AGCO Announces Retirement of Senior Vice President Bob Crain

Commodities

AGCO Names Randy Bauwens of Town & Country Supply Association Its 2024 Operator of the Year

TAFE Urges AGCO to Address Critical Questions Regarding its Strategic Priorities During 2024 Analyst Day

AGCO Raises Long-Term Financial Targets, Provides 2025 Outlook at 2024 Analyst Meeting

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2024년은 <a href="https://www.benzinga.com/markets/equities/24/07/39583371/july-fourth-heat-california-faces-blackout-and-fire-risks-this-week-during-triple-digit-temperat" target="_blank" rel="noopener" data-google-interstitial="false">기록상 가장 더운 해 중 하나</a>가 될 것으로 예상됨에 따라 폭염이 미국 여러 지역을 휩쓸 것으로 예상된다.
예보: 국립 기상청(NWS)에 따르면 거의 1억 5천만 명의 미국인이 목요일 폭염 주의보 또는 주의보를 받고 있다.
악시오스(Axios)에 <a href="https://www.axios.com/2024/08/01/heat-wave-intensifies-worsening-wildfires" target="_blank" rel="noopener">따르면</a> 8월 7일까지 텍사스, 오클라호마, 네브라스카, 캔자스, 노스다코타 및 사우스다코타, 동부 워싱턴, 캘리포니아 내륙, 미주리 서부 등 전국 여러 지역에서 기온이 화씨 110도(섭씨 43.33도)를 넘을 것으로 예상된다.
오리건, 몬태나, 아칸소, 일리노이, 미시시피, 테네시 지역에도 폭염 경고가 발령되었다.
캘리포니아에서 <a href="https://www.axios.com/2024/07/25/wildfires-california-canada-evacuations-jasper" target="_blank" rel="noopener">진행 중</a>인 공원 화재는 주 역사상 다섯 번째로 큰 산불이다. 이 화재의 원인은 극심한 더위와 건조한 날씨 <a href="https://www.axios.com/2024/07/25/wildfires-california-canada-evacuations-jasper" target="_blank" rel="noopener">때문</a>이다.
푹푹 찌는 더위는 단순히 공중보건을 위협하는 것이 아니다. 또한 미국에서 사업을 운영하는 여러 회사들에도 영향을 미칠 것이다.
시장 영향: 지구의 기온 상승은 열로 인해 정전과 운영상의 부담이 발생하면서 에너지 산업에 큰 영향을 미쳤다. 폭염 기간 동안 주민들이 실내에 머물면서 에어컨을 사용함에 따라 전기 사용량도 <a href="https://www.benzinga.com/top-stories/24/07/40043897/household-energy-bills-rose-over-50-in-3-states-over-past-5-years-but-remained-stable-in-this-region" target="_blank" rel="noopener" data-google-interstitial="false">가격과 함께</a> 증가하는 경향이 있다. 다음은 항상 영향을 받는 몇 가지 기업들이다:
<ul>
<li>블랙힐스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>)는 이번 주에 가장 큰 영향을 받은 3개 주인 네브래스카, 캔자스, 아칸소에서 운영되는 대규모 유틸리티 회사이다.</li>
<li>OGE 에너지(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGE#NYSE">OGE</a>)는 오클라호마 최대 규모의 유틸리티 제공업체이다.</li>
<li>에버지(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>)는 캔자스 최대 규모의 전기 공급업체이다.</li>
<li>PG&amp;E(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>)는 캘리포니아에서 사업을 운영하고 있으며 지난 10년 동안 여러 산불 관련 손실을 입었다.</li>
</ul>
주택 개조 소매업체인 로우스 컴퍼니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>)와 홈 디포(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>)에서는 에어컨 장치에 대한 수요가 증가할 수 있다. 월마트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)에서는 에어컨도 판매한다.
제네락 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNRC#NYSE">GNRC</a>)는 발전기를 제조한다. 가정 및 산업용 발전기는 일반적으로 기상 이변으로 인해 수요가 증가하는 경향이 있다.
이번 열파는 농업과 식품 산업에도 영향을 미칠 것으로 보인다:
<ul>
<li>육류 생산업체 타이슨 푸드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>)는 영향을 받은 여러 주에 운영 센터를 두고 있다.</li>
<li>디어 앤 컴퍼니(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>)와 애그코(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>)에서 제조한 관개 장비 및 내열 기계에 대한 수요가 증가할 수 있다.</li>
<li>코르테바(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>)는 농부들이 가뭄으로 인한 작물 손실을 관리하는 데 도움이 되는 작물 보호 제품을 판매한다.</li>
</ul>
Image created using artificial intelligence via Midjourney.
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Comments

AGCO

뉴스

에 대한 최신 뉴스 AGCO (NYSE:AGCO) 주식

목요일, 8월 01, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌