AGCO Corporation (AGCO)
| Market Cap | 8.87B |
| Revenue (ttm) | 14.01B |
| Net Income (ttm) | 1.11B |
| Shares Out | 74.62M |
| EPS (ttm) | 14.78 |
| PE Ratio | 7.93 |
| Forward PE | 8.95 |
| Dividend | $1.16 (0.98%) |
| Ex-Dividend Date | May 17, 2024 |
| Volume | 113,408 |
| Open | 117.17 |
| Previous Close | 115.96 |
| Day's Range | 116.97 - 118.98 |
| 52-Week Range | 105.77 - 140.46 |
| Beta | 1.33 |
| Analysts | Strong Buy |
| Price Target | 144.17 (+21.29%) |
| Earnings Date | May 2, 2024 |
About AGCO
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. The company also provides grain storage bins and related drying and hand... [Read more]
Financial Performance
In 2023, AGCO's revenue was $14.41 billion, an increase of 13.92% compared to the previous year's $12.65 billion. Earnings were $1.17 billion, an increase of 31.68%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for AGCO stock is "Strong Buy." The 12-month stock price forecast is $144.17, which is an increase of 21.29% from the latest price.
News
AGCO Agriculture Foundation Partners with The Do More Agriculture Foundation to Support Farmer Mental Health
DULUTH, Ga. , May 8, 2024 /PRNewswire/ -- The AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture develop...
AGCO Celebrates Grand Opening of The Fendt Lodge™ in Jackson, Minnesota
Facility will serve as the brand's official North American home and site of product launches, customer and dealer meetings, and visitors center. DULUTH, Ga.
AGCO REPORTS FIRST-QUARTER RESULTS
Net sales of $2.9 billion, down 12.1% Reported earnings per share of $2.25 and adjusted earnings per share(1) of $2.32 Closed the previously announced joint venture transaction, PTx Trimble, on April ...
AGCO to Present at the 2024 Oppenheimer Industrials Growth Conference
DULUTH, Ga. , May 1, 2024 /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced t...
AGCO Showcases Precision Ag Innovation at AEM's Celebration of Modern Ag on the National Mall in Washington, DC
DULUTH, Ga. , April 30, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will sho...
AGCO ANNOUNCES DIVIDENDS
Special Variable Dividend of $2.50 per share Regular Quarterly Dividend of $0.29 per share DULUTH, Ga. , April 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, ma...
AGCO Leader Wins 2024 Women MAKE Award
Kimberly Savageau Recognized as one of 130 Women Who Inspire Excellence in Manufacturing DULUTH, Ga. , April 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manu...
AGCO ANNOUNCES FIRST-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
DULUTH, Ga. , April 12, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its ...
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Zilliant to Supply AGCO with Modernized Pricing for Agricultural Machinery
AUSTIN, Texas--(BUSINESS WIRE)-- #B2B--Zilliant, the leader in pricing lifecycle management, today announced a strategic relationship with AGCO Corporation (NYSE: AGCO), a global leader in the design,...
AGCO and Trimble Close Joint Venture, Form PTx Trimble
Leading ag tech deal creates an industry-leading, mixed-fleet precision ag platform serving farmers globally DULUTH, Ga. and WESTMINSTER, Colo.
AGCO Progresses on its Sustainability Journey, Giving Farmers MorePrecision Ag and Clean Technology Solutions
Company Highlights New Products, New Targets and New Records in 2023 Sustainability Report DULUTH, Ga., March 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, man...
AGCO on Their Pursuit Of the Largest Agriculture Tech Deal Ever
Eric Hansotia, AGCO CEO, to discuss the strategic reasons behind AGCO's pursuit of the largest ag tech deal ever. He spoke with Alix Steel and Paul Sweeney on Bloomberg Radio.
AGCO Invests EUR 70 million in AGCO Power Facility in Linnavuori, Finland to Increase Sustainable Product Offerings and Support Future Growth
NOKIA, Finland--(BUSINESS WIRE)-- #Linnavuori--AGCO is announcing a EUR 70 million investment in its Linnavuori plant in Nokia, Finland to accelerate further clean energy innovations.
AGCO Names Nick Nelson 2023 NA Technician of the Year
Ag Technician from AGCO dealership Java Farm Supply in North Java, New York, captures title after a three-day competition that highlighted the skills and abilities of ag equipment professionals. DULUT...
AGCO to Present at the 2024 JP Morgan Industrials Conference
DULUTH, Ga. , March 11, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technol...
AGCO to Present at the 2024 Morgan Stanley Technology, Media & Telecom Conference
DULUTH, Ga. , March 4, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technolo...
AGCO's Fendt®, Massey Ferguson®, Precision Planting® & GSI® Offer Expansive, Farmer-Focused Exhibit at 2024 Commodity Classic
DULUTH, Ga.--(BUSINESS WIRE)-- #ComClassic--AGCO's exhibit at the 2024 Commodity Classic will feature award-winning products from across its popular brands.
AGCO to Present at the 2024 Barclays Industrial Select Conference
DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, ...
Massey Ferguson® Launches the MF 3 Series Specialty Tractor, a High-Value-Per-Dollar Tractor Solution for Vineyards and Orchards
The Massey Ferguson 3 Series Specialty tractor provides power and comfort with a smaller carbon footprint. The Massey Ferguson 3 Series Specialty tractor provides power and comfort with a smaller carb...
AGCO's Display at 2024 National Farm Machinery Show to Highlight New and Award-Winning Solutions
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO's exhibit at NFMS will include new equipment such as Fendt's 200 Vario tractor & 30-foot Momentum planter, and Massey Ferguson's 500R sprayer.
AGCO to Exhibit New and Award-Winning Equipment at 2024 World Ag Expo
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO's exhibit at World Ag Expo will feature the NA debut of the Massey Ferguson 3 Specialty tractor & cutting-edge solutions from Fendt.
AGCO Earnings Miss Estimates. The Stock Is Soaring.
The Deere competitor sees sales coming in at about $13.6 billion, down from $14.4 billion generated in 2023.
AGCO Reports Fourth Quarter and Full Year Results
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported n...
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of AGCO Corporation (NYSE: AGCO) and Encourages Investors to Contact the Firm
PHILADELPHIA , Jan. 31, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating AGCO Corporation (NYSE: AGCO) on behalf of the company's investors. The investigation seeks to determine...