AGCO Corp. (AGCO) soared 1.56 in the last month: It’s impossible to believe the numbers

On Tuesday, AGCO Corp. (NYSE: AGCO) opened higher 1.56% from the last session, before settling in for the closing price of $84.99. Price fluctuations for AGCO have ranged from $84.35 to $129.97 over the past 52 weeks.

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A company in the Industrials sector has jumped its sales by 9.42% annually for the last half of the decade. Company’s average yearly earnings per share was noted -48.51% at the time writing. With a float of $61.85 million, this company’s outstanding shares have now reached $74.52 million.

In an organization with 27900 employees, it is important to assess its efficiency.

AGCO Corp. (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 Corp. is 17.14%, while institutional ownership is 81.51%. The most recent insider transaction that took place on Aug 08 ’24, was worth 124,916. In this transaction Director of this company bought 1,415 shares at a rate of $88.28, taking the stock ownership to the 8,422 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Director bought 1,800 for $87.69, making the entire transaction worth $157,842. This insider now owns 20,465 shares in total.

AGCO Corp. (AGCO) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -48.51% per share during the next fiscal year.

AGCO Corp. (NYSE: AGCO) Trading Performance Indicators

Check out the current performance indicators for AGCO Corp. (AGCO). In the past quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 7.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.60, a number that is poised to hit 1.14 in the next quarter and is forecasted to reach 7.59 in one year’s time.

Technical Analysis of AGCO Corp. (AGCO)

Let’s dig in a bit further. During the last 5-days, its volume was 0.99 million. That was better than the volume of 0.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.54%. Additionally, its Average True Range was 3.03.

During the past 100 days, AGCO Corp.’s (AGCO) raw stochastic average was set at 4.76%, which indicates a significant decrease from 9.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.75% in the past 14 days, which was higher than the 28.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $97.86, while its 200-day Moving Average is $111.67. However, in the short run, AGCO Corp.’s stock first resistance to watch stands at $87.06. Second resistance stands at $87.79. The third major resistance level sits at $88.90. If the price goes on to break the first support level at $85.22, it is likely to go to the next support level at $84.11. Assuming the price breaks the second support level, the third support level stands at $83.38.

AGCO Corp. (NYSE: AGCO) Key Stats

There are currently 74,620K shares outstanding in the company with a market cap of 6.44 billion. Presently, the company’s annual sales total 14,412 M according to its annual income of 1,171 M. Last quarter, the company’s sales amounted to 3,247 M and its income totaled -367,100 K.