AGCO Corp (NYSE: AGCO) has reported E.P.S. of $0.40 for its third fiscal quarter (ending September 30) versus $3.75 for the same period a year ago — a decline of -89%. For the latest four quarters through September 30, E.P.S. were $2.27 versus $15.43 for the same period a year ago — a decline of -85%.
Recent Price Action
On 11/5/24, AGCO Corp (NYSE: AGCO) stock suffered a large decline of -7.8%, closing at $90.23. Moreover, trading volume in this decline was exceptionally high at 310% of normal. Relative to the market the stock has been weak over the last nine months and has declined -11.4% 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 C (Low Neutral). 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 8, leading to 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.
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