At the time of writing, AGCO Corp [AGCO] stock is trading at $98.92, down -2.77%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AGCO shares have gain 5.08% over the last week, with a monthly amount drifted -4.25%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
AGCO Corp [NYSE: AGCO] stock has seen the most recent analyst activity on December 03, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $101. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on August 09, 2024, and set its price target to $96. On June 28, 2024, Raymond James initiated with a Mkt Perform rating. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $108 on June 26, 2024. Truist initiated its recommendation with a Buy and recommended $142 as its price target on March 14, 2024. Goldman downgraded its rating to Neutral for this stock on April 03, 2023, and downed its price target to $135. In a note dated December 22, 2022, Credit Suisse reiterated an Outperform rating on this stock and boosted its target price from $143 to $174.
For the past year, the stock price of AGCO Corp fluctuated between $84.35 and $122.95. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. AGCO Corp [NYSE: AGCO] shares were valued at $98.92 at the most recent close of the market. An investor can expect a potential return of 6.15% based on the average AGCO price forecast.
Analyzing the AGCO fundamentals
According to AGCO Corp [NYSE:AGCO], the company’s sales were 11.66B for trailing twelve months, which represents an -24.03% plunge. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.1 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 97.58 points at the first support level, and at 96.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.13, and for the 2nd resistance point, it is at 103.34.
Ratios To Look Out For
It is important to note that AGCO Corp [NYSE:AGCO] has a current ratio of 1.34. Also, the Quick Ratio is 0.63, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 1.78.
Transactions by insiders
Recent insider trading involved De Lange Bob, Director, that happened on Nov 14 ’24 when 2740.0 shares were purchased. Director, De Lange Bob completed a deal on Aug 08 ’24 to buy 1415.0 shares. Meanwhile, Director arnold michael c bought 1800.0 shares on Aug 07 ’24.
