AGCO (NYSE:AGCO) Issues FY 2025 Earnings Guidance

AGCO (NYSE:AGCO) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.000-4.500 for the period, compared to the consensus estimate of 6.310. The company issued revenue guidance of $9.6 billion-$9.6 billion, compared to the consensus revenue estimate of $10.8 billion. AGCO also updated its FY25 guidance to $4.00-4.50 EPS.

AGCO Stock Performance

Shares of AGCO traded down $3.58 on Thursday, reaching $90.55. 2,897,213 shares of the stock traded hands, compared to its average volume of 806,915. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 40.07, a P/E/G ratio of 0.56 and a beta of 1.24. AGCO has a 12 month low of $84.35 and a 12 month high of $130.26. The stock’s 50-day moving average price is $97.51 and its 200-day moving average price is $96.14. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 0.72.

AGCO (NYSE:AGCO) last issued its earnings results on Tuesday, November 5th. The industrial products company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.40). AGCO had a net margin of 1.35% and a return on equity of 15.79%. The business had revenue of $2.60 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the firm posted $3.97 earnings per share. AGCO’s revenue was down 24.8% on a year-over-year basis. Equities analysts forecast that AGCO will post 7.36 EPS for the current fiscal year.

AGCO Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 15th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Friday, November 15th. AGCO’s dividend payout ratio (DPR) is currently 51.33%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AGCO. Citigroup upped their price target on shares of AGCO from $95.00 to $100.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Truist Financial upped their price objective on AGCO from $110.00 to $116.00 and gave the stock a “buy” rating in a report on Thursday. Oppenheimer lowered their target price on AGCO from $131.00 to $111.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. StockNews.com raised AGCO from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Morgan Stanley assumed coverage on AGCO in a research report on Tuesday, December 3rd. They issued an “equal weight” rating and a $101.00 price objective for the company. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $112.18.

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.