Adecoagro S.A. (AGRO) stock forecast: Can it reach its 52-week high of $12.51

At the time of writing, Adecoagro S.A. [AGRO] stock is trading at $11.58, up 0.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AGRO shares have gain 3.49% over the last week, with a monthly amount glided 8.63%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Adecoagro S.A. [NYSE: AGRO] stock has seen the most recent analyst activity on September 17, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $12.50 from $14.50. Previously, JP Morgan upgraded its rating to Neutral on July 01, 2024, and elevated its price target to $11.50. On December 08, 2023, downgrade downgraded it’s rating to Underweight. BofA Securities upgraded its rating to a Buy. Itau BBA downgraded its rating to a Market Perform but $12 remained the price target by the analyst firm on October 02, 2023. BofA Securities upgraded its rating to Neutral for this stock on September 06, 2023, and upped its price target to $12.50. In a note dated August 14, 2023, Morgan Stanley upgraded an Overweight rating on this stock.

For the past year, the stock price of Adecoagro S.A. fluctuated between $8.72 and $12.51. Currently, Wall Street analysts expect the stock to reach $12.75 within the next 12 months. Adecoagro S.A. [NYSE: AGRO] shares were valued at $11.58 at the most recent close of the market. An investor can expect a potential return of 10.1% based on the average AGRO price forecast.

Analyzing the AGRO fundamentals

According to Adecoagro S.A. [NYSE:AGRO], the company’s sales were 1.25B for trailing twelve months, which represents an -3.40% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.16 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.

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 11.48 points at the first support level, and at 11.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.71, and for the 2nd resistance point, it is at 11.83.

Ratios To Look Out For

It is important to note that Adecoagro S.A. [NYSE:AGRO] has a current ratio of 2.42. In addition, the Quick Ratio stands at 0.86 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 5.74.

Related Posts