Analyst Expectations For AGCO's Future

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In the last three months, 5 analysts have published ratings on AGCO AGCO, offering a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 3 0 0 0
Last 30D 1 1 0 0 0
1M Ago 0 2 0 0 0
2M Ago 1 0 0 0 0
3M Ago 0 0 0 0 0

Analysts have set 12-month price targets for AGCO, revealing an average target of $145.6, a high estimate of $154.00, and a low estimate of $137.00. This current average has decreased by 1.95% from the previous average price target of $148.50.

Decoding Analyst Ratings: A Detailed Look

The perception of AGCO by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jamie Cook Truist Securities Lowers Buy $137.00 $142.00
Kristen Owen Oppenheimer Lowers Outperform $145.00 $154.00
Kristen Owen Oppenheimer Raises Outperform $154.00 $153.00
Tami Zakaria JP Morgan Raises Overweight $150.00 $145.00
Jamie Cook Truist Securities Announces Buy $142.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to AGCO. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of AGCO compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for AGCO's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of AGCO's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on AGCO analyst ratings.

All You Need to Know About AGCO

Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes about 3,100 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.

Key Indicators: AGCO's Financial Health

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: AGCO's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -2.52%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: AGCO's net margin is impressive, surpassing industry averages. With a net margin of 8.92%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): AGCO's ROE stands out, surpassing industry averages. With an impressive ROE of 7.52%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.98%, the company showcases effective utilization of assets.

Debt Management: AGCO's debt-to-equity ratio is below the industry average. With a ratio of 0.33, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

How Are Analyst Ratings Determined?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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