How did AGCO Corp. (AGCO) surprise investors with its report?

AGCO Corp. [AGCO] stock is trading at $89.58, up 1.70%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AGCO shares have lost -0.32% over the last week, with a monthly amount glided 2.21%, 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 August 09, 2024, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $96. On June 26, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $108 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $142 on March 14, 2024. Goldman downgraded its rating to a Neutral and reduced its price target to $135 on April 03, 2023. Credit Suisse reiterated a Outperform rating for this stock on December 22, 2022, and upped its price target to $174. In a note dated September 28, 2022, Robert W. Baird initiated an Outperform rating and provided a target price of $156 on this stock.

AGCO Corp. [AGCO] stock has fluctuated between $84.35 and $129.92 over the past year. Currently, Wall Street analysts expect the stock to reach $139 within the next 12 months. AGCO Corp. [NYSE: AGCO] shares were valued at $89.58 at the most recent close of the market. An investor can expect a potential return of 55.17% based on the average AGCO price forecast.

Analyzing the AGCO fundamentals

AGCO Corp. [NYSE:AGCO] reported sales of 13.43B for the trailing twelve months, which represents a drop of -15.07%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.97.

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 88.12 points at the first support level, and at 86.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.93, and for the 2nd resistance point, it is at 92.28.

Ratios To Look Out For

For context, AGCO Corp.’s Current Ratio is 1.52. As well, the Quick Ratio is 0.72, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 15.99.

Transactions by insiders

Recent insider trading involved De Lange Bob, Director, that happened on Aug 08 ’24 when 1415.0 shares were purchased. Director, arnold michael c completed a deal on Aug 07 ’24 to buy 1800.0 shares. Meanwhile, Director De Lange Bob bought 1420.0 shares on Aug 05 ’24.

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