AGCO (AGCO) to Release Earnings on Tuesday

AGCO (NYSE:AGCO) is set to post its quarterly earnings results before the market opens on Tuesday, October 30th. Analysts expect AGCO to post earnings of $0.84 per share for the quarter.

Shares of NYSE AGCO opened at $51.21 on Monday. The company has a market cap of $4.05 billion, a PE ratio of 16.96, a PEG ratio of 0.87 and a beta of 0.70. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.63 and a current ratio of 1.42. AGCO has a 1-year low of $49.50 and a 1-year high of $75.95.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Thursday, November 15th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.17%. AGCO’s dividend payout ratio (DPR) is currently 19.87%.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research lowered AGCO from a “hold” rating to a “sell” rating in a research note on Tuesday, October 16th. ValuEngine lowered AGCO from a “hold” rating to a “sell” rating in a research note on Monday, July 16th. Deutsche Bank set a $79.00 target price on AGCO and gave the stock a “buy” rating in a research note on Wednesday, September 5th. OTR Global lowered AGCO to a “$60.18” rating in a research note on Wednesday, July 18th. Finally, JPMorgan Chase & Co. lowered AGCO from a “neutral” rating to an “underweight” rating and set a $55.00 target price on the stock. in a research note on Monday, August 13th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $70.93.

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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Earnings History for AGCO (NYSE:AGCO)

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