-15.34% percent quarterly performance for AGCO Corp. (AGCO) is not indicative of the underlying story

On Tuesday, AGCO Corp. (NYSE: AGCO) opened lower -1.44% from the last session, before settling in for the closing price of $91.18. Price fluctuations for AGCO have ranged from $84.35 to $129.97 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 9.42% over the last five years. Company’s average yearly earnings per share was noted -48.51% at the time writing. With a float of $61.94 million, this company’s outstanding shares have now reached $74.52 million.

The firm has a total of 27900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 25.96%, operating margin of 10.39%, and the pretax margin is 3.49%.

AGCO Corp. (AGCO) Insider Activity

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 17.02%, while institutional ownership is 82.47%. 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) Earnings and Forecasts

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 0.50. Likewise, its price to free cash flow for the trailing twelve months is 7.80.

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)

Analysing the last 5-days average volume posted by the [AGCO Corp., AGCO], we can find that recorded value of 0.66 million was lower than the volume posted last year of 0.78 million. As of the previous 9 days, the stock’s Stochastic %D was 81.39%. Additionally, its Average True Range was 2.51.

During the past 100 days, AGCO Corp.’s (AGCO) raw stochastic average was set at 13.33%, which indicates a significant decrease from 69.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.37% in the past 14 days, which was lower than the 28.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $94.96, while its 200-day Moving Average is $110.36. Now, the first resistance to watch is $90.89. This is followed by the second major resistance level at $91.92. The third major resistance level sits at $92.85. If the price goes on to break the first support level at $88.93, it is likely to go to the next support level at $88.00. Should the price break the second support level, the third support level stands at $86.97.

AGCO Corp. (NYSE: AGCO) Key Stats

There are currently 74,620K shares outstanding in the company with a market cap of 6.71 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.