AGCO Corp. (AGCO) Stock: What the Analysts are Saying

QCOM

AGCO Corp. (NYSE: AGCO) has a price-to-earnings ratio that is above its average at 6.56x. The stock has a 36-month beta value of 1.27. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 12 as “hold,” and 3 as “sell.”

The public float for AGCO is 61.93M, and at present, short sellers hold a 3.56% of that float. On July 04, 2024, the average trading volume of AGCO was 782.96K shares.

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AGCO) stock’s latest price update

AGCO Corp. (NYSE: AGCO)’s stock price has soared by 1.00 in relation to previous closing price of 96.04. Nevertheless, the company has seen a loss of -2.23% in its stock price over the last five trading days. prnewswire.com reported 2024-07-02 that Tenured dealerships to provide comprehensive access and services for farmers to popular AGCO brands throughout the Buckeye State. AGCO announced the transformation of its dealership network in Ohio, which will see experienced dealers expand access to the manufacture’s popular brands throughout the Buckeye State.

AGCO’s Market Performance

AGCO Corp. (AGCO) has experienced a -2.23% fall in stock performance for the past week, with a -7.93% drop in the past month, and a -17.74% drop in the past quarter. The volatility ratio for the week is 2.34%, and the volatility levels for the past 30 days are at 2.18% for AGCO.. The simple moving average for the past 20 days is -4.20% for AGCO’s stock, with a -13.96% simple moving average for the past 200 days.

Analysts’ Opinion of AGCO

Citigroup, on the other hand, stated in their research note that they expect to see AGCO reach a price target of $108. The rating they have provided for AGCO stocks is “Neutral” according to the report published on June 26th, 2024.

Truist gave a rating of “Buy” to AGCO, setting the target price at $142 in the report published on March 14th of the current year.

AGCO Trading at -9.43% from the 50-Day Moving Average

After a stumble in the market that brought AGCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.36% of loss for the given period.

Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares sank -6.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.88% lower at present.

During the last 5 trading sessions, AGCO fell by -2.56%, which changed the moving average for the period of 200-days by -21.33% in comparison to the 20-day moving average, which settled at $100.90. In addition, AGCO Corp. saw -18.28% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for AGCO

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.26 for the gross margin

The net margin for AGCO Corp. stands at 0.08. The total capital return value is set at 0.17. Equity return is now at value 24.91, with 9.12 for asset returns.

Based on AGCO Corp. (AGCO), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 266.72.

Currently, EBITDA for the company is 2.02 billion with net debt to EBITDA at 0.8. When we switch over and look at the enterprise to sales, we see a ratio of 0.61. The receivables turnover for the company is 9.08for trailing twelve months and the total asset turnover is 1.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.

Conclusion

To sum up, AGCO Corp. (AGCO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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