AGCO Corp (NYSE:AGCO)’s traded shares stood at 0.49 million during the latest session, with the company’s beta value hitting 1.20. At the last check today, the stock’s price was $93.98, to imply an increase of 10.79% or $9.15 in intraday trading. The AGCO share’s 52-week high remains $117.04, putting it -24.54% down since that peak but still an impressive 21.48% since price per share fell to its 52-week low of $73.79. The company has a valuation of $7.01B, with an average of 0.88 million shares in intraday trading volume over the past 10 days and average of 1.00 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for AGCO Corp (AGCO), translating to a mean rating of 2.53. Of 10 analyst(s) looking at the stock, 1 analyst(s) give AGCO a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.01.
AGCO Corp (NYSE:AGCO) trade information
After registering a 10.79% upside in the latest session, AGCO Corp (AGCO) has traded red over the past five days. The 5-day price performance for the stock is 9.61%, and 1.25% over 30 days. With these gigs, the year-to-date price performance is 0.53%. Short interest in AGCO Corp (NYSE:AGCO) saw shorts transact 3.88 million shares and set a 3.29 days time to cover.
The extremes give us $92 and $106 for target low and target high price respectively. As such, AGCO has been trading -12.79% off suggested target high and 2.11% from its likely low.
AGCO Corp (AGCO) estimates and forecasts
The rating firms project that company’s revenue will shrink -18.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 2.43B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 2.26B.Earnings reports from the last fiscal year show that sales brought in 3.25B and 2.6B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -25.29% before dropping -13.18% in the following quarter.
AGCO Dividends
AGCO Corp has its next earnings report out on 2025-Feb-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. AGCO Corp has a forward dividend ratio of 1.16, with the share yield ticking at 1.23% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.84%.
AGCO Corp (NYSE:AGCO)’s Major holders
AGCO Corp insiders hold 16.93% of total outstanding shares, with institutional holders owning 97.52% of the shares at 117.40% float percentage. In total, 97.52% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 7.88 million shares (or 10.5649% of shares), all amounting to roughly $771.43 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 5.57 million shares, or about 7.4666% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $545.2 million.
We also have Victory Portfolios-Victory Sycamore Established Value Fund and UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. as the top two Mutual Funds with the largest holdings of the AGCO Corp (AGCO) shares. Going by data provided on Dec 31, 2024 , Victory Portfolios-Victory Sycamore Established Value Fund holds roughly 2.45 shares. This is just over 3.28% of the total shares, with a market valuation of $231.04 million. Data from the same date shows that the other fund manager holds a little less at 2.27, or 3.04% of the shares, all valued at about 213.69 million.
