A History of Outperforming Analyst Forecasts and Beating the Odds: AGCO Corp (AGCO)

With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. The 52-week range on AGCO shows that it touched its highest point at $122.95 and its lowest point at $84.35 during that stretch. It currently has a 1-year price target of $105.46. With its current market cap of 7.23 billion, AGCO has annualized dividend of $1.16 while the current yield stands at 1.20%. Beta for the stock currently stands at 1.24.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AGCO was down-trending over the past week, with a drop of -5.74%, but this was down by -9.16% over a month. Three-month performance dropped to -0.54% while six-month performance rose 6.45%. The stock lost -8.41% in the past year, while it has gained 3.68% so far this year. A look at the trailing 12-month EPS for AGCO yields -5.70 with Next year EPS estimates of 6.20. For the next quarter, that number is 0.14. This implies an EPS growth rate of -43.40% for this year and 46.07% for next year.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AGCO since 10 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.597 being high and $6.63471 being low. For AGCO, this leads to a yearly average estimate of $7.4248. Based on analyst estimates, the high estimate for the next quarter is $1.37 and the low estimate is $0.76. The average estimate for the next quarter is thus $1.03.