AGCO Corp. (NYSE:AGCO) shares, rose in value, with the stock price down by -0.90% to the previous day’s close as strong demand from buyers drove the stock to $116.61.
Actively observing the price movement in the last trading, the stock closed the session at $117.67. The PE ratio was 7.46 over 12-month period. Referring to stock’s 52-week performance, its high was $140.46, and the low was $105.77. On the whole, AGCO has fluctuated by -4.20% over the past month.
The company’s Forward Dividend Ratio is 1.16, with its dividend yield at 0.99%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 13.59B, with a low estimate of 2.84B and a high estimate of 3.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AGCO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 9.56, with the price of AGCO currently trading nearly -2.92% and 0.77% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.83, while the 7-day volatility ratio is showing 2.79% which for the 30-day chart, stands at 2.48%. Furthermore, AGCO Corp. (AGCO)’s beta value is 1.32, and its average true range (ATR) is 2.90.
A comparison of AGCO Corp. (AGCO) with its peers suggests the former has fared considerably weaker in the market. AGCO showed an intraday change of -0.90% in last session, and over the past year, it shrunk by -0.75%%.
Data on historical trading for AGCO Corp. (NYSE:AGCO) indicates that the trading volumes over the past 3 months, they’ve averaged 711.52K. According to company’s latest data on outstanding shares, there are 74.52 million shares outstanding.
Nearly 16.99% of AGCO Corp.’s shares belong to company insiders and institutional investors own 81.11% of the company’s shares. The stock has fallen by -3.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGCO stock heading into the next quarter.
