For its second fiscal quarter (ending June 30), AGCO Corp (NYSE: AGCO) has reported E.P.S. of $-4.92 compared to $4.26 a year ago. For the latest four quarters through June 30, E.P.S. were $5.62 compared to $14.88 a year ago.
Recent Price Action
AGCO Corp (NYSE: AGCO) stock closed at $96.23 on 7/30/24 after a large decline of -5.7%. Moreover, exceptionally high trading volume at 215% of normal accompanied the decline. The stock has declined -5.4% during the last week and has been weak relative to the market over the last nine months.
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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AGCO has a good Appreciation Score of 82 but a very low Power Rating of 5, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment