Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for AGCO Corp (NYSE: AGCO) weakened during the last several trading days. AGCO’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 10/18/24, AGCO Corp (NYSE: AGCO) stock rose modestly by 0.9%, closing at $101.74. Trading volume in this advance was normal. Relative to the market the stock has been weak over the last nine months but has risen 4.0% during the last week.
Current PriceTarget Research Rating
AGCO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
AGCO has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AGCO has a good Appreciation Score of 80 but a very low Power Rating of 7, leading to the Negative Value Trend Rating.
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