agco corp. - AGCO

AGCO

Close Chg Chg %
90.61 2.89 3.19%

Closed Market

93.50

+2.89 (3.19%)

Volume: 5.21M

Last Updated:

Dec 20, 2024, 3:59 PM EDT

Company Overview: agco corp. - AGCO

AGCO Key Data

Open

$89.68

Day Range

89.68 - 94.01

52 Week Range

84.35 - 130.26

Market Cap

$6.76B

Shares Outstanding

74.65M

Public Float

61.98M

Beta

1.24

Rev. Per Employee

N/A

P/E Ratio

40.03

EPS

$2.27

Yield

128.11%

Dividend

$0.29

EX-DIVIDEND DATE

Nov 15, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.27M

 

AGCO Performance

1 Week
 
-3.73%
 
1 Month
 
-5.01%
 
3 Months
 
-1.31%
 
1 Year
 
-23.54%
 
5 Years
 
20.35%
 

AGCO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 16
Full Ratings ➔

About agco corp. - AGCO

AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. It operates through the following geographic segments: North America, South America, Europe and Middle East, and Asia, Pacific, and Africa. The Asia/Pacific/Africa segment includes the regions of Australia and New Zealand. The firm's products include tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. Its brands include Challenger, Fendt, GSI, Massey Ferguson, Valtra, and Fella. The company was founded by Robert J. Ratliff in 1990 and is headquartered in Duluth, GA.

AGCO At a Glance

AGCO Corp.
4205 River Green Parkway
Duluth, Georgia 30096-2563
Phone 1-770-813-9200 Revenue 14.41B
Industry Trucks/Construction/Farm Machinery Net Income 1.17B
Sector Producer Manufacturing 2023 Sales Growth 13.919%
Fiscal Year-end 12 / 2024 Employees 27,900
View SEC Filings

AGCO Valuation

P/E Current 40.026
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 7.763
Price to Sales Ratio 0.631
Price to Book Ratio 1.943
Price to Cash Flow Ratio 8.244
Enterprise Value to EBITDA 4.978
Enterprise Value to Sales 0.699
Total Debt to Enterprise Value 0.157

AGCO Efficiency

Revenue/Employee 516,573.477
Income Per Employee 41,985.663
Receivables Turnover 8.978
Total Asset Turnover 1.339

AGCO Liquidity

Current Ratio 1.46
Quick Ratio 0.668
Cash Ratio 0.137

AGCO Profitability

Gross Margin 25.933
Operating Margin 12.033
Pretax Margin 9.252
Net Margin 8.128
Return on Assets 10.884
Return on Equity 27.436
Return on Total Capital 18.789
Return on Invested Capital 20.458

AGCO Capital Structure

Total Debt to Total Equity 33.885
Total Debt to Total Capital 25.309
Total Debt to Total Assets 13.816
Long-Term Debt to Equity 32.577
Long-Term Debt to Total Capital 24.332
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Agco Corp. - AGCO

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
9.15B 11.14B 12.65B 14.41B
Sales Growth
+1.20% +21.73% +13.58% +13.92%
Cost of Goods Sold (COGS) incl D&A
7.16B 8.63B 9.70B 10.67B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
272.00M 281.80M 269.60M 289.90M
Depreciation
212.50M 220.70M 209.50M 230.40M
Amortization of Intangibles
59.50M 61.10M 60.10M 59.50M
COGS Growth
+0.56% +20.57% +12.35% +10.09%
Gross Income
1.99B 2.51B 2.96B 3.74B
Gross Income Growth
+3.57% +25.93% +17.83% +26.47%
Gross Profit Margin
+21.77% +22.52% +23.36% +25.93%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.36B 1.49B 1.63B 2.00B
Research & Development
342.60M 405.80M 444.20M 548.80M
Other SG&A
1.02B 1.09B 1.19B 1.45B
SGA Growth
-2.22% +10.00% +9.31% +22.62%
Other Operating Expense
- - - -
-
Unusual Expense
36.00M (39.50M) 80.30M (5.00M)
EBIT after Unusual Expense
597.10M 1.05B 1.24B 1.74B
Non Operating Income/Expense
(10.20M) (83.50M) (88.10M) (337.00M)
Non-Operating Interest Income
9.90M 18.70M 33.00M 64.20M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
24.90M 25.40M 46.00M 68.80M
Interest Expense Growth
-13.54% +2.01% +81.10% +49.57%
Gross Interest Expense
24.90M 25.40M 46.00M 68.80M
Interest Capitalized
- - - -
-
Pretax Income
562.00M 944.30M 1.11B 1.33B
Pretax Income Growth
+115.24% +68.02% +17.25% +20.44%
Pretax Margin
+6.14% +8.48% +8.75% +9.25%
Income Tax
187.70M 108.40M 296.60M 230.40M
Income Tax - Current - Domestic
4.10M 3.40M 26.00M 61.20M
Income Tax - Current - Foreign
180.20M 222.90M 328.60M 433.60M
Income Tax - Deferred - Domestic
1.30M (70.00M) (55.30M) (82.80M)
Income Tax - Deferred - Foreign
2.10M (47.90M) (2.70M) (181.60M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
419.80M 901.50M 874.70M 1.17B
Minority Interest Expense
(7.30M) 4.50M (14.90M) (100.00K)
Net Income
427.10M 897.00M 889.60M 1.17B
Net Income Growth
+241.13% +110.02% -0.82% +31.68%
Net Margin Growth
+4.67% +8.05% +7.03% +8.13%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
427.10M 897.00M 889.60M 1.17B
Preferred Dividends
- - - -
-
Net Income Available to Common
427.10M 897.00M 889.60M 1.17B
EPS (Basic)
5.6947 11.9282 11.9249 15.6604
EPS (Basic) Growth
+246.60% +109.46% -0.03% +31.33%
Basic Shares Outstanding
75.00M 75.20M 74.60M 74.80M
EPS (Diluted)
5.6495 11.8494 11.8772 15.6395
EPS (Diluted) Growth
+247.45% +109.74% +0.23% +31.68%
Diluted Shares Outstanding
75.60M 75.70M 74.90M 74.90M
EBITDA
905.10M 1.30B 1.59B 2.02B
EBITDA Growth
+12.35% +43.13% +22.83% +27.21%
EBITDA Margin
+9.89% +11.63% +12.58% +14.04%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 105.385
Number of Ratings 16 Current Quarters Estimate 1.951
FY Report Date 12 / 2024 Current Year's Estimate 7.507
Last Quarter’s Earnings 0.68 Median PE on CY Estimate N/A
Year Ago Earnings 15.55 Next Fiscal Year Estimate 5.178
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 9 14 15
Mean Estimate 1.95 0.93 7.51 5.18
High Estimates 2.12 1.57 8.03 6.74
Low Estimate 1.67 0.31 7.20 4.00
Coefficient of Variance 5.76 40.33 2.42 21.39

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 2 2 2
HOLD 9 8 8
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Agco Corp. - AGCO

Date Name Shares Transaction Value
Aug 9, 2024 Michael C. Arnold Director 20,465 Open market or private purchase of non-derivative security Non-derivative transaction at $87.69 per share 1,794,575.85
Jul 16, 2024 Seth Howard Crawford SVP GM Precision Ag & Digital 16,146 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $98.05 per share 1,583,115.30
Jul 16, 2024 Ivory M. Harris SVP Chief HR Officer 13,137 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $98.05 per share 1,288,082.85
Jul 16, 2024 Damon J. Audia SVP, Chief Financial Officer 30,475 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $98.05 per share 2,988,073.75
Jul 16, 2024 Damon J. Audia SVP, Chief Financial Officer 29,982 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $98.05 per share 2,939,735.10
Jul 16, 2024 Eric P. Hansotia Chairman, President and CEO; Director 207,679 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $98.05 per share 20,362,925.95
Jul 12, 2024 Indira Agarwal VP, Chief Accounting Officer 11,676 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 24, 2024 Sondra L. Barbour Director 8,891 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $101.57 per share 903,058.87
Jun 24, 2024 Bob de Lange Director 5,587 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $101.57 per share 567,471.59
May 1, 2024 Matthew Tsien Director 5,222 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Suzanne P. Clark Director 10,484 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Niels Heinrich Pörksen Director 3,395 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $117.67 per share 399,489.65
May 1, 2024 Niels Heinrich Pörksen Director 3,678 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Mallika Srinivasan Director 23,713 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $117.67 per share 2,790,308.71
May 1, 2024 Mallika Srinivasan Director 24,185 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 David M. Sagehorn Director 4,209 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 George E. Minnich Director 22,865 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $117.67 per share 2,690,524.55
May 1, 2024 George E. Minnich Director 23,416 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Luis F. S. Felli SVP GM Massey Ferguson 26,424 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 9, 2024 Robert B. Crain SVP GM Grain & Protein 39,966 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $117.91 per share 4,712,391.06

Agco Corp. in the News