AGCO (NYSE:AGCO) Releases FY25 Earnings Guidance

AGCO (NYSE:AGCO) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $4.00-4.50 for the period, compared to the consensus estimate of $6.31. The company issued revenue guidance of $9.6 billion, compared to the consensus revenue estimate of $10.73 billion.

Wall Street Analyst Weigh In

AGCO has been the topic of a number of research analyst reports. Citigroup raised their price target on AGCO from $95.00 to $100.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. StockNews.com raised shares of AGCO from a “sell” rating to a “hold” rating in a research note on Thursday. Truist Financial increased their price objective on shares of AGCO from $110.00 to $116.00 and gave the stock a “buy” rating in a research report on Thursday. Oppenheimer decreased their price objective on AGCO from $131.00 to $111.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Finally, Morgan Stanley started coverage on shares of AGCO in a report on Tuesday, December 3rd. They set an “equal weight” rating and a $101.00 target price for the company. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $112.18.

AGCO Stock Performance

AGCO stock traded down $4.26 during midday trading on Thursday, reaching $89.87. 1,814,723 shares of the company were exchanged, compared to its average volume of 802,239. The firm has a market capitalization of $6.71 billion, a price-to-earnings ratio of 39.77, a price-to-earnings-growth ratio of 0.56 and a beta of 1.24. The business has a 50-day moving average price of $97.51 and a two-hundred day moving average price of $96.14. AGCO has a one year low of $84.35 and a one year high of $130.26. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 0.72.

AGCO (NYSE:AGCO) last released its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.40). AGCO had a net margin of 1.35% and a return on equity of 15.79%. The company had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the prior year, the company earned $3.97 earnings per share. The firm’s revenue was down 24.8% compared to the same quarter last year. Equities research analysts forecast that AGCO will post 7.36 EPS for the current year.

AGCO Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 15th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.16 annualized dividend and a yield of 1.29%. AGCO’s dividend payout ratio (DPR) is presently 51.33%.

AGCO Company Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.