AGCO (NYSE:AGCO) Issues FY 2025 Earnings Guidance

AGCO (NYSE:AGCO) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.000-4.500 for the period, compared to the consensus earnings per share estimate of 6.310. The company issued revenue guidance of $9.6 billion-$9.6 billion, compared to the consensus revenue estimate of $10.8 billion. AGCO also updated its FY25 guidance to $4.00-4.50 EPS.

AGCO Stock Down 3.8 %

NYSE:AGCO traded down $3.58 on Thursday, reaching $90.55. 2,897,213 shares of the stock traded hands, compared to its average volume of 806,915. The company has a current ratio of 1.53, a quick ratio of 0.72 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 40.07, a PEG ratio of 0.56 and a beta of 1.24. AGCO has a 12 month low of $84.35 and a 12 month high of $130.26. The company’s fifty day simple moving average is $97.51 and its 200 day simple moving average is $96.14.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.40). The business had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.90 billion. AGCO had a net margin of 1.35% and a return on equity of 15.79%. The business’s revenue was down 24.8% compared to the same quarter last year. During the same period last year, the company posted $3.97 earnings per share. Equities analysts predict that AGCO will post 7.36 EPS for the current fiscal year.

AGCO Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 15th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.16 annualized dividend and a yield of 1.28%. AGCO’s payout ratio is 51.33%.

Wall Street Analysts Forecast Growth

AGCO has been the topic of a number of recent analyst reports. The Goldman Sachs Group dropped their price target on shares of AGCO from $112.00 to $99.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. Truist Financial boosted their target price on shares of AGCO from $110.00 to $116.00 and gave the company a “buy” rating in a research note on Thursday. StockNews.com upgraded AGCO from a “sell” rating to a “hold” rating in a research note on Thursday. Oppenheimer reduced their price objective on AGCO from $131.00 to $111.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Finally, Morgan Stanley assumed coverage on AGCO in a research report on Tuesday, December 3rd. They issued an “equal weight” rating and a $101.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $112.18.

AGCO Company Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.