AGCO (NYSE:AGCO) Issues FY25 Earnings Guidance

AGCO (NYSE:AGCO) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.00-4.50 for the period, compared to the consensus earnings per share estimate of $6.31. The company issued revenue guidance of $9.6 billion, compared to the consensus revenue estimate of $10.73 billion. AGCO also updated its FY 2025 guidance to 4.000-4.500 EPS.

Analyst Ratings Changes

A number of research firms have recently issued reports on AGCO. Citigroup lifted their price objective on shares of AGCO from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Truist Financial lifted their price target on shares of AGCO from $110.00 to $116.00 and gave the stock a “buy” rating in a research note on Thursday. Oppenheimer decreased their price objective on shares of AGCO from $131.00 to $111.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Morgan Stanley started coverage on AGCO in a research report on Tuesday, December 3rd. They set an “equal weight” rating and a $101.00 target price on the stock. Finally, The Goldman Sachs Group reduced their price target on AGCO from $112.00 to $99.00 and set a “neutral” rating for the company in a report on Wednesday, November 6th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, AGCO has an average rating of “Hold” and an average target price of $108.10.

AGCO Price Performance

Shares of AGCO opened at $90.55 on Friday. AGCO has a 52 week low of $84.35 and a 52 week high of $130.26. The company has a current ratio of 1.53, a quick ratio of 0.72 and a debt-to-equity ratio of 0.87. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 40.07, a PEG ratio of 0.56 and a beta of 1.24. The stock has a 50 day moving average of $97.37 and a 200-day moving average of $96.10.

AGCO (NYSE:AGCO) last issued its earnings results on Tuesday, November 5th. The industrial products company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.40). The business had revenue of $2.60 billion for the quarter, compared to analyst estimates of $2.90 billion. AGCO had a return on equity of 15.79% and a net margin of 1.35%. The firm’s revenue for the quarter was down 24.8% on a year-over-year basis. During the same period last year, the company posted $3.97 earnings per share. As a group, analysts forecast that AGCO will post 7.36 EPS for the current year.

AGCO Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 15th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Friday, November 15th. AGCO’s dividend payout ratio (DPR) is 51.33%.

AGCO Company Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.