Q3 2024 Earnings Estimate for Ag Growth International Inc. (TSE:AFN) Issued By Atb Cap Markets

Ag Growth International Inc. (TSE:AFNFree Report) – Stock analysts at Atb Cap Markets cut their Q3 2024 earnings per share estimates for Ag Growth International in a research report issued to clients and investors on Monday, April 1st. Atb Cap Markets analyst T. Monachello now anticipates that the company will post earnings per share of $2.21 for the quarter, down from their previous estimate of $2.23. The consensus estimate for Ag Growth International’s current full-year earnings is $5.84 per share. Atb Cap Markets also issued estimates for Ag Growth International’s Q4 2024 earnings at $1.18 EPS, Q3 2025 earnings at $2.27 EPS, Q4 2025 earnings at $1.28 EPS and FY2025 earnings at $6.20 EPS.

Several other research firms also recently commented on AFN. Royal Bank of Canada increased their price objective on shares of Ag Growth International from C$75.00 to C$80.00 and gave the company an “outperform” rating in a report on Friday, March 8th. Raymond James increased their price target on Ag Growth International from C$64.00 to C$72.00 and gave the company an “outperform” rating in a research note on Thursday, March 7th. Scotiabank lifted their price objective on Ag Growth International from C$83.00 to C$88.00 and gave the stock an “outperform” rating in a research note on Thursday, March 7th. CIBC increased their target price on Ag Growth International from C$78.00 to C$82.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. Finally, ATB Capital boosted their price target on shares of Ag Growth International from C$81.00 to C$85.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Ag Growth International presently has an average rating of “Buy” and an average target price of C$81.44.

View Our Latest Report on AFN

Ag Growth International Price Performance

Shares of TSE:AFN opened at C$62.36 on Wednesday. The company has a debt-to-equity ratio of 285.22, a quick ratio of 0.84 and a current ratio of 1.21. The firm has a market cap of C$1.19 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.30 and a beta of 2.32. The firm has a fifty day moving average price of C$59.16 and a 200 day moving average price of C$54.33. Ag Growth International has a fifty-two week low of C$47.07 and a fifty-two week high of C$64.51.

Ag Growth International (TSE:AFNGet Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The company reported C$1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.08 by C$0.62. Ag Growth International had a net margin of 4.51% and a return on equity of 23.61%. The business had revenue of C$379.32 million during the quarter, compared to analyst estimates of C$414.68 million.

Ag Growth International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.96%. The ex-dividend date is Wednesday, March 27th. Ag Growth International’s dividend payout ratio (DPR) is presently 17.44%.

About Ag Growth International

(Get Free Report)

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.

Read More

Earnings History and Estimates for Ag Growth International (TSE:AFN)

Receive News & Ratings for Ag Growth International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ag Growth International and related companies with MarketBeat.com's FREE daily email newsletter.