AGCO Corp. (AGCO) stock price forecast predicts $152.27 value

At the time of writing, AGCO Corp. [AGCO] stock is trading at $116.73, up 0.42%. An important factor to consider is whether the stock is rising or falling in short-term value. The AGCO shares have lost -4.23% over the last week, with a monthly amount glided 0.72%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

AGCO Corp. [NYSE: AGCO] stock has seen the most recent analyst activity on March 14, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $142. Previously, Goldman downgraded its rating to Neutral on April 03, 2023, and dropped its price target to $135. On December 22, 2022, Credit Suisse reiterated its Outperform rating and revised its price target to $174 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $156 on September 28, 2022. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $129 on June 23, 2022. Wells Fargo started tracking with a Overweight rating for this stock on March 11, 2022, and assigned it a price target of $175. In a note dated December 22, 2021, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $177 to $127.

For the past year, the stock price of AGCO Corp. fluctuated between $105.77 and $140.46. Currently, Wall Street analysts expect the stock to reach $152.27 within the next 12 months. AGCO Corp. [NYSE: AGCO] shares were valued at $116.73 at the most recent close of the market. An investor can expect a potential return of 30.45% based on the average AGCO price forecast.

Analyzing the AGCO fundamentals

According to AGCO Corp. [NYSE:AGCO], the company’s sales were 14.41B for trailing twelve months, which represents an -2.52% plunge. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.27 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 115.70 points at the first support level, and at 114.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.75, and for the 2nd resistance point, it is at 118.78.

Ratios To Look Out For

It is important to note that AGCO Corp. [NYSE:AGCO] has a current ratio of 1.46. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 7.47.

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