Media stories about AGCO Corporation (NYSE:AGCO) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AGCO Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.4199660716076 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Will AGCO Corporation (AGCO) Crush Estimates at Its Next Earnings Report? – Nasdaq (nasdaq.com)
- AGCO or Terex: Which Stock Should You Buy? (finance.yahoo.com)
- Emerson Launches DeltaV PK Controller for Process Industries – Nasdaq (nasdaq.com)
- Sustainable business models key to sustainable modernisation of agriculture in Africa – Bizcommunity.com (bizcommunity.com)
A number of research analysts have issued reports on the stock. Jefferies Group LLC reaffirmed a “hold” rating and issued a $75.00 price target on shares of AGCO Corporation in a report on Thursday, August 31st. BidaskClub cut shares of AGCO Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. William Blair raised shares of AGCO Corporation from a “market perform” rating to an “outperform” rating in a report on Tuesday, July 11th. BMO Capital Markets raised their target price on shares of AGCO Corporation from $55.00 to $70.00 and gave the stock a “market perform” rating in a report on Tuesday, May 30th. Finally, UBS AG reissued a “neutral” rating and set a $73.00 target price (up previously from $68.00) on shares of AGCO Corporation in a report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $65.73.
AGCO Corporation (NYSE AGCO) opened at 69.66 on Friday. AGCO Corporation has a 52-week low of $46.64 and a 52-week high of $73.97. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 30.46 and a beta of 0.88. The company’s 50-day moving average is $69.24 and its 200-day moving average is $65.33.
AGCO Corporation (NYSE:AGCO) last issued its quarterly earnings data on Thursday, July 27th. The industrial products company reported $1.15 EPS for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.11. The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.08 billion. AGCO Corporation had a net margin of 2.40% and a return on equity of 6.84%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.25 EPS. Equities analysts predict that AGCO Corporation will post $3.06 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, August 15th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.56 dividend on an annualized basis and a yield of 0.80%. AGCO Corporation’s payout ratio is 24.56%.
In other AGCO Corporation news, SVP Lucinda B. Smith sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $73.00, for a total transaction of $73,000.00. Following the sale, the senior vice president now directly owns 38,877 shares of the company’s stock, valued at approximately $2,838,021. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Hans Bernd Veltmaat sold 750 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $66.52, for a total transaction of $49,890.00. Following the sale, the senior vice president now directly owns 68,552 shares in the company, valued at $4,560,079.04. The disclosure for this sale can be found here. Over the last three months, insiders sold 26,750 shares of company stock worth $1,921,390. 16.60% of the stock is owned by corporate insiders.
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AGCO Corporation Company Profile
AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems.
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