Adecoagro S.A. (NYSE: AGRO) has a higher price-to-earnings ratio of 8.71x compared to its average ratio, The 36-month beta value for AGRO is at 1.12. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AGRO is 106.01M, and currently, shorts hold a 0.80% of that float. The average trading volume for AGRO on April 10, 2024 was 502.80K shares.
AGRO) stock’s latest price update
Adecoagro S.A. (NYSE: AGRO)’s stock price has gone rise by 7.90 in comparison to its previous close of 11.01, however, the company has experienced a 7.90% increase in its stock price over the last five trading days. InvestorPlace reported 2024-04-08 that Choosing agriculture stocks to buy will be challenging in the coming decades. The global population is expected to increase to 10 billion by 2050.
AGRO’s Market Performance
AGRO’s stock has risen by 7.90% in the past week, with a monthly rise of 17.51% and a quarterly rise of 8.69%. The volatility ratio for the week is 2.93% while the volatility levels for the last 30 days are 2.73% for Adecoagro S.A. The simple moving average for the past 20 days is 11.27% for AGRO’s stock, with a 11.43% simple moving average for the past 200 days.
Analysts’ Opinion of AGRO
Itau BBA gave a rating of “Market Perform” to AGRO, setting the target price at $12 in the report published on October 02nd of the previous year.
AGRO Trading at 15.45% from the 50-Day Moving Average
After a stumble in the market that brought AGRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.04% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares surge +16.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.70% upper at present.
During the last 5 trading sessions, AGRO rose by +7.90%, which changed the moving average for the period of 200-days by +20.85% in comparison to the 20-day moving average, which settled at $10.76. In addition, Adecoagro S.A. saw 7.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AGRO
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.35 for the gross margin
The net margin for Adecoagro S.A. stands at 0.1. The total capital return value is set at 0.09. Equity return is now at value 12.31, with 4.58 for asset returns.
Based on Adecoagro S.A. (AGRO), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is 1.8.
Currently, EBITDA for the company is 490.17 million with net debt to EBITDA at 1.82. When we switch over and look at the enterprise to sales, we see a ratio of 1.69. The receivables turnover for the company is 7.95for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.
Conclusion
In conclusion, Adecoagro S.A. (AGRO) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
