What is Zacks Research’s Estimate for AGCO Q4 Earnings?

AGCO Co. (NYSE:AGCOFree Report) – Research analysts at Zacks Research cut their Q4 2026 earnings per share estimates for AGCO in a research note issued on Tuesday, April 1st. Zacks Research analyst S. Deb now anticipates that the industrial products company will post earnings per share of $1.91 for the quarter, down from their previous estimate of $1.94. The consensus estimate for AGCO’s current full-year earnings is $4.20 per share.

AGCO (NYSE:AGCOGet Free Report) last released its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.04). AGCO had a negative net margin of 3.64% and a positive return on equity of 13.40%.

Several other equities research analysts have also recently issued reports on AGCO. Baird R W cut AGCO from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd. JPMorgan Chase & Co. lifted their price target on AGCO from $102.00 to $111.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 15th. Citigroup boosted their price target on AGCO from $95.00 to $98.00 and gave the stock a “neutral” rating in a research report on Monday, March 17th. Oppenheimer lifted their target price on shares of AGCO from $108.00 to $109.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Finally, Robert W. Baird cut shares of AGCO from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $116.00 to $100.00 in a research report on Monday, March 3rd. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, AGCO has a consensus rating of “Hold” and an average target price of $104.60.

View Our Latest Stock Analysis on AGCO

AGCO Stock Down 0.4 %

Shares of NYSE AGCO opened at $92.49 on Thursday. The firm has a market cap of $6.90 billion, a price-to-earnings ratio of -16.25, a price-to-earnings-growth ratio of 1.80 and a beta of 1.24. The company’s 50-day simple moving average is $97.94 and its 200-day simple moving average is $97.00. The company has a quick ratio of 0.63, a current ratio of 1.34 and a debt-to-equity ratio of 0.60. AGCO has a 52-week low of $84.35 and a 52-week high of $125.76.

AGCO Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Friday, February 14th. AGCO’s payout ratio is currently -20.39%.

Hedge Funds Weigh In On AGCO

Several institutional investors and hedge funds have recently bought and sold shares of AGCO. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in shares of AGCO during the 4th quarter valued at approximately $3,144,000. Gateway Investment Advisers LLC acquired a new stake in AGCO during the fourth quarter worth $311,000. Olstein Capital Management L.P. raised its position in AGCO by 20.8% in the fourth quarter. Olstein Capital Management L.P. now owns 14,500 shares of the industrial products company’s stock valued at $1,355,000 after purchasing an additional 2,500 shares during the period. M&T Bank Corp lifted its stake in shares of AGCO by 133.0% in the 3rd quarter. M&T Bank Corp now owns 84,441 shares of the industrial products company’s stock valued at $8,263,000 after purchasing an additional 48,198 shares during the last quarter. Finally, Royal London Asset Management Ltd. grew its holdings in shares of AGCO by 2.0% during the 3rd quarter. Royal London Asset Management Ltd. now owns 623,585 shares of the industrial products company’s stock worth $61,024,000 after purchasing an additional 12,328 shares during the period. 78.80% of the stock is currently owned by institutional investors and hedge funds.

AGCO Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for AGCO (NYSE:AGCO)

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