AGCO Corporation (AGCO) Earns News Impact Rating of 0.19
News stories about AGCO Corporation (NYSE:AGCO) have trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AGCO Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.8658697040726 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- AGCO Corporation (AGCO) vs. Its Rivals Head to Head Survey (americanbankingnews.com)
- Manitowoc Company, Inc. (The) (MTW) & AGCO Corporation (AGCO) Financial Analysis (americanbankingnews.com)
- Financial Analysis: AGCO Corporation (AGCO) & Its Peers (americanbankingnews.com)
- Worldwide Grain & Seed Cleaning Equipment Market 2017 by Manufacturers – Buhler AG, AGCO Corporation (Cimbria) (mynewsdesk.com)
- AGCO’s Q3 Earnings Beat, Sales View Up on Solid Volumes (finance.yahoo.com)
Shares of AGCO Corporation (NYSE AGCO) traded down $0.25 during trading on Tuesday, hitting $69.45. The stock had a trading volume of 5,678 shares, compared to its average volume of 757,637. The stock has a market cap of $5,488.20, a PE ratio of 25.00, a price-to-earnings-growth ratio of 1.73 and a beta of 0.82. The company has a current ratio of 1.51, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63. AGCO Corporation has a 12-month low of $49.05 and a 12-month high of $75.58.
AGCO Corporation (NYSE:AGCO) last posted its quarterly earnings data on Tuesday, October 31st. The industrial products company reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.07. AGCO Corporation had a return on equity of 7.50% and a net margin of 2.59%. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the business earned $0.51 EPS. AGCO Corporation’s revenue was up 12.8% compared to the same quarter last year. equities analysts expect that AGCO Corporation will post 3.02 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Tuesday, November 14th. AGCO Corporation’s payout ratio is currently 22.05%.
Several analysts recently issued reports on the company. Piper Jaffray Companies set a $68.00 target price on AGCO Corporation and gave the company a “hold” rating in a research note on Wednesday, November 1st. Stifel Nicolaus reissued a “hold” rating and set a $73.00 target price on shares of AGCO Corporation in a research note on Wednesday, November 1st. BidaskClub downgraded AGCO Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. UBS AG set a $72.00 target price on AGCO Corporation and gave the company a “hold” rating in a research note on Saturday, October 21st. Finally, Bank of America Corporation downgraded AGCO Corporation from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $74.65 to $70.00 in a research note on Friday, October 13th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $69.07.
In related news, SVP Hans Bernd Veltmaat sold 750 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $66.52, for a total transaction of $49,890.00. Following the completion of the transaction, the senior vice president now owns 68,552 shares in the company, valued at approximately $4,560,079.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.60% of the stock is owned by insiders.
AGCO Corporation Company Profile
AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems.
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