A new trading day began on May 23, 2023, with AGCO Corporation (NYSE: AGCO) stock priced at $114.00, up 1.15% from the previous day of trading. During the day, the shares moved up to $117.32 and dropped to $112.64 before settling in for the closing price of $114.77. AGCO’s price has ranged from $84.92 to $139.56 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 8.80% over the last five years. Meanwhile, its annual earnings per share averaged 0.20%. With a float of $61.93 million, this company’s outstanding shares have now reached $74.90 million.
The firm has a total of 25600 workers. Let’s measure their productivity. In terms of profitability, gross margin is +23.36, operating margin of +10.45, and the pretax margin is +8.75.
AGCO Corporation (AGCO) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of AGCO Corporation is 0.50%, while institutional ownership is 83.50%. The most recent insider transaction that took place on Feb 23, was worth 104,688. In this transaction SVP, Gen. Mgr., Fendt/Valtra of this company sold 744 shares at a rate of $140.71, taking the stock ownership to the 26,867 shares. Before that another transaction happened on Feb 21, when Company’s VP, Chief Accounting Officer sold 1,623 for $138.76, making the entire transaction worth $225,207. This insider now owns 782 shares in total.
AGCO Corporation (AGCO) Recent Fiscal highlights
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $3.51 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +7.03 while generating a return on equity of 24.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.35% during the next five years compared to 33.10% growth over the previous five years of trading.
AGCO Corporation (NYSE: AGCO) Trading Performance Indicators
Here are AGCO Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 3045.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.95, a number that is poised to hit 3.69 in the next quarter and is forecasted to reach 14.67 in one year’s time.
Technical Analysis of AGCO Corporation (AGCO)
Analysing the last 5-days average volume posted by the [AGCO Corporation, AGCO], we can find that recorded value of 0.93 million was better than the volume posted last year of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 14.20%. Additionally, its Average True Range was 3.99.
During the past 100 days, AGCO Corporation’s (AGCO) raw stochastic average was set at 10.49%, which indicates a significant decrease from 19.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.87% in the past 14 days, which was higher than the 32.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $124.62, while its 200-day Moving Average is $123.95. Now, the first resistance to watch is $118.06. This is followed by the second major resistance level at $120.03. The third major resistance level sits at $122.74. If the price goes on to break the first support level at $113.38, it is likely to go to the next support level at $110.67. Now, if the price goes above the second support level, the third support stands at $108.70.
AGCO Corporation (NYSE: AGCO) Key Stats
With a market capitalization of 8.83 billion, the company has a total of 74,864K Shares Outstanding. Currently, annual sales are 12,651 M while annual income is 889,600 K. The company’s previous quarter sales were 3,334 M while its latest quarter income was 232,600 K.
