AGCO Corporation (AGCO)
| Market Cap | 9.09B |
| Revenue (ttm) | 14.51B |
| Net Income (ttm) | 1.15B |
| Shares Out | 74.88M |
| EPS (ttm) | 15.39 |
| PE Ratio | 7.89 |
| Forward PE | 8.18 |
| Dividend | $1.16 (0.96%) |
| Ex-Dividend Date | Nov 14, 2023 |
| Volume | 261,274 |
| Open | 122.04 |
| Previous Close | 122.11 |
| Day's Range | 121.00 - 122.55 |
| 52-Week Range | 109.81 - 145.53 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 151.09 (+24.45%) |
| Earnings Date | Feb 6, 2024 |
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. The company also provides grain storage bins and related drying and hand... [Read more]
Financial Performance
In 2022, AGCO's revenue was $12.65 billion, an increase of 13.58% compared to the previous year's $11.14 billion. Earnings were $889.60 million, a decrease of -0.82%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for AGCO stock is "Buy." The 12-month stock price forecast is $151.09, which is an increase of 24.45% from the latest price.
News
AGCO Names Lee Pemberton 2023 Operator of the Year
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO named Lee Pemberton of Makin' Trax Contractors the 2023 Operator of the Year at the ARA Expo in Orlando, FL, on November 29, 2023.
AGCO's Massey Ferguson® Names Gunnison Cattlemen's Days Rodeo 2023 Sowing Good Deeds™ Winner
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, continue...
AGCO Brands Win Six 2024 AE50 Awards
DULUTH, Ga.--(BUSINESS WIRE)-- #AE50--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today...
Finnish President Recognizes AGCO as International Long-Term Investor
LINNAVUORI & SUOLAHTI, Finland--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has received the ...
AGCO's Innovative and Sustainable Machines Win Big at Agritechnica
HANOVER, Germany--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and its family of leading brand...
AGCO Continues Technology Transformation to Become an Industry Leader in Smart Farming Solutions
DULUTH, Ga.--(BUSINESS WIRE)--Following the recently announced transformational Joint Venture (JV) with Trimble, which creates an industry leading global mixed-fleet precision ag platform, AGCO (NYSE:...
AGCO to Showcase Technology Stack and Sustainable Solutions at Agritechnica 2023
HANNOVER, Germany--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will once again host thousands...
AGCO Releases November 2023 North American Distribution Network Update
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO congratulated Redlund Equipment for its acquisition of Sorum Tractor's location in Alamosa, CO, to expand its services in eastern Colorado.
More Than One Way to Reduce Agricultural Emissions – AGCO Power Reveals Results of Years of Research and Development
NOKIA, Finland--(BUSINESS WIRE)-- #Agritechnica--AGCO Power, part of the AGCO Corporation, unveils a wide range of solutions from alternative fuels to electric systems.
AGCO Stock Is Rising. Earnings Crushed Estimates.
Farm-equipment maker AGCO saw "robust demand" as third-quarter numbers beat estimates. It also raised guidance.
AGCO Reports Third-Quarter Results
DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, ...
AGCO Announces Quarterly Dividend
DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced...
AGCO Welcomes Plevna Implement Expansion in Western Indiana
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, welcomed...
AGCO Announces Third-Quarter 2023 Earnings Release and Conference Call
DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology,...
AGCO-Trimble Joint Venture Aims At Accelerating Smart Farming Development
Farm equipment maker AGCO accelerates its move into smart farming with its new JV with Trimble, the other big player in aftermarket precision ag tech.
AGCO to buy $2 billion in Trimble Assets to boost farm software technology: CEO discusses
Agricultural machinery manufacturer AGCO Corporation (AGCO) is set to take a $2 billion stake in Trimble, Inc. (TRMB). AGCO Corporation CEO Eric Hansotia sits down with Yahoo Finance Live to discuss t...
AGCO to pay $2 billion in cash for most of Trimble's agricultural assets
Shares of Trimble Inc. TRMB, +0.10% rallied Thursday, after AGCO Corp. AGCO, +1.76% said it will pay $2.0 billion to acquire an 85% stake in the Trimble's portfolio of agricultural assets and technolo...
AGCO to Acquire Trimble Ag Assets and Technologies Through a Joint Venture Focused on Next-Generation Precision Ag Technology
DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and Precision Ag technology, announced it has entered into a J...
Trimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions
Joint Venture to Accelerate Innovation in Factory-Fit and Aftermarket Solutions to Benefit Farmers Across the Globe Transaction to Simplify and Accelerate Trimble's Focus on its Connect and Scale Stra...
AGCO Announces Sustainable Test Farm in North Dakota
DULUTH, Ga.--(BUSINESS WIRE)-- #Appareo--AGCO announced plans to build a state-of-the-art test farm in Casselton, ND, called 'Dakota Smart Farm' as part of the Grand Farm Innovation Campus.
AGCO Welcomes AgRevolution™ Expansion in Harrisburg, Illinois
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--AGCO welcomed AgRev plans to expand into Harrisburg, IL, through an asset purchase of M&S Implement subject to completion of due diligence.
AGCO Agriculture Foundation Launches Call for Applications for Grant
DULUTH, Ga.--(BUSINESS WIRE)-- #aaf--AGCO Agriculture Foundation (the “Foundation”) a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, tod...
AGCO to Present at the Morgan Stanley 11th Annual Laguna Conference
DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, ...
AGCO Welcomes Agri-Service Dealership Expansion in Northern Idaho
DULUTH, Ga.--(BUSINESS WIRE)-- #FarmerFirst--On September 1, 2023, AGCO welcomed Agri-Service's acquisition of Blue Mountain Agri-Support, Inc. in Lewiston and Moscow, Idaho.
AGCO to Present at Jefferies 2023 Industrials Conference
DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, ...