Wall Street analysts expect that AGCO Co. (NYSE:AGCO) will post $1.56 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for AGCO’s earnings, with the highest EPS estimate coming in at $1.60 and the lowest estimate coming in at $1.40. AGCO posted earnings per share of $1.31 during the same quarter last year, which indicates a positive year-over-year growth rate of 19.1%. The company is expected to issue its next earnings results on Tuesday, February 4th.

On average, analysts expect that AGCO will report full-year earnings of $5.06 per share for the current year, with EPS estimates ranging from $4.90 to $5.10. For the next fiscal year, analysts expect that the firm will post earnings of $5.58 per share, with EPS estimates ranging from $5.30 to $5.75. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover AGCO.

AGCO (NYSE:AGCO) last issued its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.78 by $0.04. AGCO had a net margin of 3.42% and a return on equity of 12.26%. The firm had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same period in the prior year, the business posted $0.91 EPS. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year.

Several research analysts have recently commented on the company. BMO Capital Markets upgraded AGCO from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $80.00 to $100.00 in a research report on Thursday, November 14th. Morgan Stanley increased their target price on AGCO from $70.00 to $74.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. cut AGCO from an “overweight” rating to a “neutral” rating and set a $82.00 target price for the company. in a report on Friday, November 15th. They noted that the move was a valuation call. ValuEngine downgraded AGCO from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Finally, UBS Group cut their price target on shares of AGCO from $81.00 to $79.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 8th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. AGCO currently has an average rating of “Hold” and an average price target of $80.87.

In related news, VP Gary L. Collar sold 5,000 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $77.76, for a total value of $388,800.00. Following the transaction, the vice president now owns 78,807 shares of the company’s stock, valued at $6,128,032.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Andrew H. Beck sold 10,000 shares of the stock in a transaction on Monday, October 7th. The shares were sold at an average price of $72.24, for a total value of $722,400.00. Following the completion of the transaction, the chief financial officer now directly owns 138,218 shares in the company, valued at approximately $9,984,868.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,000 shares of company stock valued at $2,612,600. Corporate insiders own 17.60% of the company’s stock.

Several large investors have recently added to or reduced their stakes in AGCO. Prime Capital Investment Advisors LLC acquired a new stake in shares of AGCO during the 3rd quarter worth about $26,000. First Mercantile Trust Co. acquired a new position in AGCO in the third quarter valued at approximately $38,000. Steward Partners Investment Advisory LLC purchased a new position in AGCO in the second quarter valued at approximately $50,000. First Interstate Bank acquired a new stake in AGCO during the second quarter worth approximately $61,000. Finally, Quest Capital Management Inc. ADV acquired a new stake in AGCO during the third quarter worth approximately $64,000. 82.11% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE AGCO opened at $77.50 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.31 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $77.67 and its two-hundred day moving average is $73.83. AGCO has a 52-week low of $51.48 and a 52-week high of $81.39. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 1.12 and a beta of 1.00.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 15th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Thursday, November 14th. AGCO’s dividend payout ratio is presently 16.45%.

About AGCO

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company offers high horsepower tractors for larger farms, primarily for row crop production; 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, and residential uses.

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