Adecoagro S.A.’s stock (AGRO) continues to rise above its goal

Adecoagro S.A. [AGRO] stock is trading at $11.39, up 1.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The AGRO shares have gain 2.71% over the last week, with a monthly amount glided 0.80%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Adecoagro S.A. [NYSE: AGRO] stock has seen the most recent analyst activity on October 14, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $12. Previously, Morgan Stanley downgraded its rating to Equal-Weight on September 17, 2024, and dropped its price target to $12.50. On July 01, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $11.50 on the stock. JP Morgan downgraded its rating to a Underweight. BofA Securities upgraded its rating to a Buy. Itau BBA downgraded its rating to Market Perform for this stock on October 02, 2023, but kept the price target unchanged to $12. In a note dated September 06, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $9 to $12.50.

Adecoagro S.A. [AGRO] stock has fluctuated between $8.72 and $12.51 over the past year. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Adecoagro S.A. [NYSE: AGRO] shares were valued at $11.39 at the most recent close of the market. An investor can expect a potential return of 9.75% based on the average AGRO price forecast.

Analyzing the AGRO fundamentals

Adecoagro S.A. [NYSE:AGRO] reported sales of 1.25B for the trailing twelve months, which represents a drop of -3.40%. 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 11.27 points at the first support level, and at 11.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.47, and for the 2nd resistance point, it is at 11.54.

Ratios To Look Out For

For context, Adecoagro S.A.’s Current Ratio is 2.42. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 0.86 and price to earnings (TTM) ratio is 5.64.

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