AGCO Corp (NYSE:AGCO) price on Friday, April 11, rose 2.76% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $86.23.
A look at the stock’s price movement, the close in the last trading session was $83.91, moving within a range at $82.23 and $86.64. The beta value (5-Year monthly) was 1.166. Turning to its 52-week performance, $122.95 and $73.79 were the 52-week high and 52-week low respectively. Overall, AGCO moved -6.45% over the past month.
AGCO Corp’s market cap currently stands at around $6.43 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05. The company has a Forward Dividend ratio of 1.15, with its dividend yield at 1.34%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.06B for the company’s revenue for the quarter, with a low and high estimate of 1.95B and 2.28B respectively. The average forecast suggests down to a -29.56% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 9.59B, representing a -17.79% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AGCO is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 5 recommend AGCO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AGCO’s current price about -4.30% and -9.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.83, while 7-day volatility ratio is 9.78% and 5.05% in the 30-day chart. Further, AGCO Corp (AGCO) has a beta value of 1.20, and an average true range (ATR) of 5.17. Analysts have given the company’s stock an average 52-week price target of $96.5, forecast between a low of $92 and high of $101. Looking at the price targets, the low is -6.69% off current price level while to achieve the yearly target high, price needs to move -17.13%. Nonetheless, investors will most likely welcome a -11.91% jump to $96.5 which is the analysts’ median price.
If we refocus on AGCO Corp (NYSE:AGCO), historical trading data shows that trading volumes averaged 1.48 over the past 10 days and 962.07K over the past 3 months. The company’s latest data on shares outstanding shows there are 74.42 million shares.
The 17.17% of AGCO Corp’s shares are in the hands of company insiders while institutional holders own 95.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.6 million on 2025-03-14, giving us a short ratio of 5.12. The data shows that as of 2025-03-14 short interest in AGCO Corp (AGCO) stood at 1089.0 of shares outstanding, with shares short falling to 4.97 million registered in 2025-02-14. Current price change has pushed the stock -7.76% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AGCO stock continues to rise going into the next quarter.
