|Bid||76.64 x 1200|
|Ask||76.65 x 800|
|Day's Range||75.83 - 76.95|
|52 Week Range||49.50 - 76.95|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||18.54|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||0.64 (0.86%)|
|1y Target Est||72.80|
Agco, an agricultural equipment manufacturer based in Georgia, upped its full-year earnings guidance by almost 30 cents.
AGCO Corporation (AGCO), a world-leading manufacturer and distributor of agricultural equipment introduces AGCO Connect, the next generation telemetry solution for North American customers and dealers to improve productivity, efficiency, and profitability. Under AGCO’s Fuse® smart farming division, AGCO Connect was released in Europe in 2018 and will launch in North America at the 2019 Farm Progress Show in Decatur, Ill., August 27 – 29.
After reading AGCO Corporation's (NYSE:AGCO) most recent earnings announcement (31 March 2019), I found it useful to...
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]
Generally speaking, summer is a lethargic time for the market. With investors thinking about vacations, ball games and cookouts, and in the absence of many catalysts, it's just a slow time of year. On average, the S&P 500 gains a very modest 1% between the beginning of June and the end of August, leading into what's often a rather rough September.There are always exceptions though.Granted, these exceptions are often born out of unusual circumstances, and may need the right nudge to realize their full potential. Given how lethargic the summer of 2019 is shaping up to be though, investors looking to add a little extra zip to sleepy portfolios may want to take some strategic action.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Tech Stocks to Buy Now for 2025 With that as the backdrop, here's a rundown of seven stocks to buy with the best shot at bucking the brewing stagnation and mustering a respectable summertime gain. They've already demonstrated some unusually impressive -- and new -- bullishness, but more may be in store. Whirlpool (WHR) Click to EnlargeThe ongoing tariff war -- and the ensuing economic headwind it has helped create -- has prompted investors and analysts alike to identify those names that seem the most vulnerable. In so doing, investors have largely overlooked names that are able to shrug off those woes.That's Whirlpool (NYSE:WHR) right now, says KeyBanc's Kenneth Zener. He suggests the appliance maker is actually shelter (of sorts) from the storm, positioned to capitalize on what could turn into lower mortgage rates. It's also somewhat of a beneficiary of a moderating economy; consumers may buy a dishwasher rather than purchase a new vehicle.Simultaneously, even if out of necessity, the company's cost-cutting initiatives are working. This year's EBIT margin forecast of between 6.5% and 6.8% marks a 40 basis point improvement, though the company anticipates EBIT margins of more than 10% by 2020. That should be enough to drive profit growth of more than 10% this year and next.The market has finally taken notice. After a rough 2018, WHR stock is up 40% from its late-December low, and up more than 20% since late May. Yet, the bulk of last year's loss has yet to be reclaimed. Agco (AGCO) Click to EnlargeGiven the uncertainty that has kept shares of farming equipment name Deere & Company (NYSE:DE) from moving forward for well over a year now, it would be easy to assume the same woes apply to smaller rival Agco (NYSE:AGCO). Indeed, a month ago, BofA Merrill made a point of saying that would be the case, lowering its stance on AGCO stock to "Underperform" in anticipation of falling demand.AGCO shares took a hit, unwinding a sizeable piece of this year's 36% rally. Curiously though, AGCO didn't stay down. It's almost back to May's highs, which are within sight of record highs. * 7 Top-Rated Biotech Stocks to Invest In Today That rebound likely has much to do with the fact that, rather than worrying about what may or may not happen in China, which is out of the company's control, Agco is focusing on something it can control. That's improving margins. CEO Martin Richenhagen said that plainly in a CNBC interview from last month, though recent investments in production as well as outright purchases of complementary companies also set the stage for better margins. Baxter International (BAX) Click to EnlargeMedical supply and equipment company Baxter International (NYSE:BAX) is never going to be a red-hot growth machine. But, what it lacks in explosiveness it more than makes up for in consistency.Most investors would struggle to name one specific product Baxter offers. Millions of caregivers and patients would struggle with Baxter-made wares though. From infusion systems to surgical tools to kidney dialysis solutions, it does a little of everything for a lot of people.That diversity is the key to its consistency, and while it would be untrue to suggest the company never fails to grow its business, it would also be untrue to suggest it doesn't usually drive quarterly top-line growth. That's a core reason BAX stock has been such a reliable performer. It's also a key part of the reason BAX stock was able to shrug off last year's stumble and reclaim all that was lost. Record highs are once again back in sight. Discovery Communications (DISCA) Click to EnlargeA recovery of most of the television production industry's names certainly provided a tailwind, but Discovery Communications (NASDAQ:DISCA) has emerged from that sweeping turnaround as one of the hot stocks to buy again.You know the company's flagship and namesake television channel. But, it's much more than that. Discovery is also the studio behind HGTV, Food Network, TLC, Animal Planet and the Oprah Winfrey Network … and more.It's a business seemingly with a cloudy future. The advent of all sorts of streaming options against a backdrop of cord-cutting would theoretically work against the company.But, as few have fully appreciated, Discovery is wisely working with that tide rather than against it. Namely, it's more likely to partner with the names disrupting the tradition television industry. Discovery's content is available through YouTube, for instance, and Animal Planet is a choice on most so-called skinny bundles. * 10 Monster Growth Stocks to Buy for 2019 and Beyond This willingness to rethink how to most profitably distribute content in an ever-changing market is a big part of the reason 2018 was so fruitful for DISCA stock after a rocky 2017. Revenue is projected to grow more than 5% this year, and next, accompanied by comparable profit growth. But, there's still lots of ground for DISCA to make up from years of sub-par performance. A newly developed rising support line (white, dashed) is helping to do just that. Cornerstone OnDemand (CSOD) Click to EnlargeCornerstone OnDemand (NASDAQ:CSOD) isn't a household name, though it would be a nice addition to most household's portfolios.Cornerstone OnDemand offers cloud-based human resources management software. It's not exactly riveting stuff, nor is it high growth. It's got teeth though, but more than that, the company is currently in the middle of a major pivot. This year is the one where Cornerstone finally achieves enough scale to drive a profit explosion. Last year's per-share earnings of 74 cents are expected to reach $1.04 this year, and jump 40% next year to $1.46 on sales growth that isn't nearly as impressive.Analysts agree that the business model and the recurring revenue it produces makes Cornerstone currently undervalued. The consensus target now stands at $64.11, or 14% above the stock's current price. The uptrend that's been in place since early last year, however, says CSOD stock is en route to that level. Federal Realty Investment Trust (FRT) Click to EnlargeAny new exposure to the retail landscape, particularly in the current environment, isn't easy to take on, even if the play is acting as a landlord to consumer-facing companies. Retail REIT Federal Realty Investment Trust (NYSE:FRT) isn't nearly as vulnerable as it would be easy to assume it is, however, for a couple of reasons.Chief among them is where Federal Realty Investment Trust sets up shop. Most of its properties make up an upscale destination for diners and shoppers, and aren't as impacted as a rural shopping center or less affluent areas might be by economic turbulence.The second reason FRT is taking shape as one of the best stocks to buy this summer? While the retail apocalypse may still be underway, it has become something more predictable and manageable. This REIT's feel for development and redevelopment delivers the experience and mixed-use areas consumers want; much of the retail apocalypse was self-imposed by retailers that failed to keep their finger on the pulse of the market. * 7 Top-Rated Biotech Stocks to Invest In Today It's a nuance investors largely missed a couple years back, but the 27% gain from its early 2018 low suggest they're now remembering. The recent weakness is a chance to get into the bigger-picture uptrend at a bargain price. Incyte (INCY) Click to EnlargeFinally, add Incyte (NASDAQ:INCY) to your list of stocks to buy for the coming summer months.Incyte is the name behind a drug called ruxolitinib, though it's better known by its brand name Jakafi. It has proven to be an effective treatment for a handful of blood-related diseases, including a rare cancer called myelofibrosis and a similar condition called polycythemia vera. It may be a one-trick pony, so to speak, but when that pony is Jakafi, that's ok. That one drug is expected to improve the top line by nearly 10% this year, and more than 16% next year, driving Incyte much deeper into the black.Although it has been a compelling success story, INCY stock is no stranger to volatility. Those swings, however, have proven relatively predicable. A technical floor near $60 that took shape (again) last year ultimately served as a springboard for this year's bullishness, and a former ceiling near $74 has since turned into a support level.Now on solid footing, the bulls are starting to reach for higher highs, not unlike the beginning of the big move seen in 2016.As of this writing, James Brumley did held a long position in Cornerstone On-Demand. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise Compare Brokers The post 7 Hot Stocks to Buy for a Seemingly Sleepy Summer appeared first on InvestorPlace.
Forecast-topping earnings performance during the March-end quarter and an upbeat outlook contribute to the run-up in AGCO Corp's (AGCO) shares.
AGCO Corp NYSE:AGCOView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for AGCO with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 7. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AGCO totaled $68.08 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Deere (DE) projects global sales for Construction & Forestry equipment to rise 11% in fiscal 2019 backed by strong demand for equipment and the Wirtgen acquisition.
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
AGCO, Your Agriculture Company , a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in William Blair’s 2019 Growth Stock Conference on Wednesday, June 5, 2019.
Moody's Investors Service ("Moody's") assigned a Baa3 Issuer Rating to AGCO Corporation (AGCO). AGCO Corporation, headquartered in Duluth, GA, is a leading manufacturer of agricultural equipment and related replacement parts.
The $16 billion aid program is likely to buoy farmer sentiment and aid the Manufacturing - Farm Equipment industry which has been plagued with trade concerns.
AGCO's (AGCO) margins will gain from higher sales levels, positive impact of pricing and benefits from cost-reduction initiatives in 2019.
Shares of Agco Corp. slumped 2.6% in morning trade Monday, after Bank of America Merrill Lynch analyst Ross Gilardi turned bearish on the agricultural equipment company, saying its "heavy" outperformance over Deere & Co. appears unsustainable given increased pressure on farm equipment demand. Gilardi cut his rating to underperform from neutral and slashed his stock price target to $64 from $75. Gilardi said Agco's stock outperformance has been based on Agco's relative lack of North America large agriculture exposure as the U.S.-China trade war drags on, continued strong performance of its European business and a heavy short position by investors in late 2018. Agco's stock is up 17.9% year to date, while Deere shares are down 10.5% and the S&P 500 is up 13.4%. "We expect Agco to relinquish some of this outperformance as the rest of 2019 outlook feels more uncertain to us with rising competition in Brazil and likely US production cuts in 2H19," Gilardi wrote in a note to clients. On Friday, Deere's stock tumbled 7.7% after the company reported earnings that missed expectations as the U.S.-China trade war caused farmers to become more cautious about making purchases.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...
Stocks have taken a beating in the past two weeks thanks to a rise in international trade tensions between the U.S. and China. JPMorgan analyst Ann Duignan has downgraded Deere & Company (NYSE: DE) from Neutral to Underweight and lowered her price target from $154 to $132.
Shares of Deere & Co. fell 1.2% in premarket trade Tuesday, after J.P. Morgan turned bearish on the agriculture, construction and turf care equipment maker citing the "rapidly deteriorating fundamentals" in the U.S. agriculture industry. Analyst Ann Duignan cut her rating back to underweight, after being at neutral since June 2017, while lowering her price target to $132 from $154. Duignan said the U.S. farming industry is being hit with a "perfect storm," as tariffs have weighed on U.S. soybean exports, import demand from China has fallen as it deal with reduced hog herd as a result of an African swine fever outbreak, near-record soybean and corn production in Brazil and Argentina, strength in the U.S. dollar that has made U.S. exports more expensive and potential yield losses as the U.S. Midwest got off to a "very slow start." Separately, Duignan upgraded Agco Corp. to overweight from neutral, as the company's limited exposure to the U.S. row crop sector suggests the recent selloff in the stock is overdone. Agco's stock was still inactive in the premarket. Deere's stock has tumbled 11.7% so far this month through Monday and Agco shares have slipped 0.4%, while the SPDR Industrial Select Sector ETF has given up 5.0% and the S&P 500 has lost 4.6%.
Shares of Deere & Company (DE) have fallen over 12% since May 5 on the back of renewed U.S./China trade war worries. DE stock then tumbled over 6% on Monday. So let's see what to do with DE stock before it reports its Q2 fiscal 2019 earnings on Friday.
Agco (AGCO) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.