9 Analysts Have This To Say About AGCO

Explore what analysts are saying about AGCO AGCO based on recent ratings:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 4 0 0 0
Last 30D 1 0 0 0 0
1M Ago 1 2 0 0 0
2M Ago 1 0 0 0 0
3M Ago 2 2 0 0 0

According to 9 analyst offering 12-month price targets in the last 3 months, AGCO has an average price target of $153.44 with a high of $161.00 and a low of $142.00.

Learn about 9 analysts' views on AGCO over the past 3 months. Increased bullish ratings reflect positive sentiment, while increased bearish ratings suggest a negative outlook.

price target chart

A 0.69% drop is evident in the current average compared to the previous average price target of $154.50.

Investigating Analyst Ratings: An Elaborate Study

Explore the sentiments of financial experts and analysts through a comprehensive breakdown of their recent evaluations for AGCO. Our Ratings Table below offers a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Understanding how these experts perceive the company can provide valuable insights into potential market trends and investor sentiment.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Stanley Elliott Stifel Lowers Buy $153.00 $160.00
Kristen Owen Oppenheimer Maintains Outperform $153.00 -
Ann Duignan JP Morgan Raises Overweight $145.00 $142.00
Stanley Elliott Stifel Maintains Buy $160.00 -
Stanley Elliott Stifel Lowers Buy $160.00 $161.00
Tami Zakaria JP Morgan Lowers Overweight $142.00 $157.00
Timothy Thein Citigroup Lowers Buy $150.00 $152.00
Tami Zakaria JP Morgan Raises Overweight $157.00 $155.00
Stanley Elliott Stifel Maintains Buy $161.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AGCO. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AGCO compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of AGCO's stock. This examination reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into AGCO's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on AGCO analyst ratings.

Discovering AGCO: A Closer Look

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 over 3,200 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.

Financial Milestones: AGCO's Journey

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.

Positive Revenue Trend: Examining AGCO's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.7% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.12%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 6.61%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.47%, the company showcases effective utilization of assets.

Debt Management: With a below-average debt-to-equity ratio of 0.49, AGCO adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are Analyst Ratings?

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.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!