On January 24, 2023, AGCO Corporation (NYSE: AGCO) opened at $136.28, higher 1.29% from the last session. During the day, the shares moved up to $137.79 and dropped to $133.38 before settling in for the closing price of $135.98. Price fluctuations for AGCO have ranged from $88.55 to $144.82 over the past 52 weeks.
A company in the Industrials sector has jumped its sales by 8.50% annually for the last half of the decade. Company’s average yearly earnings per share was noted 109.70% at the time writing. With a float of $61.93 million, this company’s outstanding shares have now reached $74.60 million.
In an organization with 23300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +22.52, operating margin of +9.10, and the pretax margin is +8.48.
AGCO Corporation (AGCO) Insider Updates
A key investor’s attitude towards the stock of the Farm & Heavy Construction Machinery industry is another important factor to consider. The insider ownership of AGCO Corporation is 0.50%, while institutional ownership is 83.50%. The most recent insider transaction that took place on Nov 16, was worth 185,550. In this transaction Director of this company sold 1,500 shares at a rate of $123.70, taking the stock ownership to the 12,543 shares. Before that another transaction happened on Aug 23, when Company’s SVP, Customer Experience sold 7,000 for $107.22, making the entire transaction worth $750,540. This insider now owns 48,026 shares in total.
AGCO Corporation (AGCO) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $2.37 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $2.11) by $0.26. This company achieved a net margin of +8.05 while generating a return on equity of 28.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 109.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.03% during the next five years compared to 43.30% growth over the previous five years of trading.
AGCO Corporation (NYSE: AGCO) Trading Performance Indicators
Check out the current performance indicators for AGCO Corporation (AGCO). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.32, a number that is poised to hit 3.90 in the next quarter and is forecasted to reach 13.43 in one year’s time.
Technical Analysis of AGCO Corporation (AGCO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.46 million. That was inferior than the volume of 0.56 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.81%. Additionally, its Average True Range was 3.48.
During the past 100 days, AGCO Corporation’s (AGCO) raw stochastic average was set at 88.68%, which indicates a significant increase from 43.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.03% in the past 14 days, which was lower than the 33.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $133.08, while its 200-day Moving Average is $118.30. However, in the short run, AGCO Corporation’s stock first resistance to watch stands at $139.22. Second resistance stands at $140.71. The third major resistance level sits at $143.63. If the price goes on to break the first support level at $134.81, it is likely to go to the next support level at $131.89. Assuming the price breaks the second support level, the third support level stands at $130.40.
AGCO Corporation (NYSE: AGCO) Key Stats
There are currently 74,598K shares outstanding in the company with a market cap of 10.15 billion. Presently, the company’s annual sales total 11,138 M according to its annual income of 897,000 K. Last quarter, the company’s sales amounted to 3,122 M and its income totaled 237,900 K.