In last trading session, Adecoagro S.A. (NYSE:AGRO) saw 0.51 million shares changing hands with its beta currently measuring 1.27. Company’s recent per share price level of $7.53 trading at -$0.01 or -0.13% at ring of the bell on the day assigns it a market valuation of $844.04M. That closing price of AGRO’s stock is at a discount of -56.31% from its 52-week high price of $11.77 and is indicating a premium of 9.96% from its 52-week low price of $6.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.97 million shares which gives us an average trading volume of 1.30 million if we extend that period to 3-months.
For Adecoagro S.A. (AGRO), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Adecoagro S.A. (NYSE:AGRO) trade information
Upright in the red during last session for losing -0.13%, in the last five days AGRO remained trading in the green while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $7.53 price level, adding 3.83% to its value on the day. Adecoagro S.A.’s shares saw a change of -1.95% in year-to-date performance and have moved 0.40% in past 5-day. Adecoagro S.A. (NYSE:AGRO) showed a performance of 2.87% in past 30-days. Number of shares sold short was 1.85 million shares which calculate 1.17 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $12.88 to the stock, which implies a rise of 41.54% to its current value. Analysts have been projecting $11.30 as a low price target for the stock while placing it at a high target of $16.00. It follows that stock’s current price would drop -112.48% in reaching the projected high whereas dropping to the targeted low would mean a loss of -50.07% for stock’s current value.
Adecoagro S.A. (AGRO) estimates and forecasts
Statistics highlight that Adecoagro S.A. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -16.43% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is 23.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. This year revenue growth is estimated to rise 11.80% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $279.23 million for the same. And 1 analysts are in estimates of company making revenue of $155.97 million in the next quarter that will end on Mar 2020. Company posted $243.01 million and $159.81 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 14.90% while estimating it to be -2.40% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.70% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 153.30% while estimates for its earnings growth in next 5 years are of -0.60%.
Adecoagro S.A. is more likely to be releasing its next quarterly report between March 09 and March 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Adecoagro S.A. (NYSE:AGRO)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 78.68 percent of that, with stock having share float percentage of 78.68%. Investors also watch the number of corporate investors in a company very closely, which is 78.68% institutions for Adecoagro S.A. that are currently holding shares of the company. Route One Investment Company, L.P. is the top institutional holder at AGRO for having 14.44 million shares of worth $130.44 million. And as of Sep 29, 2021, it was holding 12.34% of the company’s outstanding shares.
The second largest institutional holder is EMS Capital LP, which was holding about 11.69 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 9.99% of outstanding shares, having a total worth of $105.59 million.
On the other hand, GMO Resources Fund and Fidelity Series Emerging Markets Opportunities Fund are the top two Mutual Funds which own company’s shares. As of Aug 30, 2021, the former fund manager was holding 1.6 million shares of worth $14.92 million or 1.36% of the total outstanding shares. The later fund manager was in possession of 1.31 million shares on Oct 30, 2021, making its stake of worth around $11.46 million in the company or a holder of 1.12% of company’s stock.