|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||53.73 - 55.38|
|52 Week Range||53.73 - 75.95|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||19.85|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||0.60 (1.10%)|
|1y Target Est||69.47|
NEW YORK, Oct. 17, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
AGCO (AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announces that Martin Richenhagen, Chairman, President and Chief Executive Officer of AGCO Corporation, has been named a Chevalier (Knight) of the Légion d'Honneur (Legion of Honor) by the government of France. The Legion of Honor, established by Napoléon Bonaparte in 1802, is the highest distinction conferred by the government of France.
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.
AGCO, Your Agriculture Company, , a worldwide manufacturer and distributor of agricultural equipment, announced today its 2018 Third Quarter Earnings Release Conference Call is scheduled for Tuesday, October 30th at 10:00 a.m.
On October 2, Deere (DE) announced senior leadership changes. The company’s senior management will undergo a planned retirement at the end of 2018. The changes will be effective on November 15.
Assessing AGCO Corporation’s (NYSE:AGCO) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met or exceed Read More...
On September 26, Deere (DE) announced that it completed the acquisition of PLA. Deere entered the definitive agreement to acquire PLA in July. Deere didn’t disclose the financial aspects of the takeover.
A report from August 31 indicated that Deere’s (DE) short interest has fallen significantly to its lowest levels in 2018, which indicates that negative sentiments for the stock have declined. DE’s short interest as a percentage of its outstanding shares fell from 2.81% at the beginning of the year to the current 1.72%. Deere’s stock price, which declined significantly from $154 in June to $137 in July, resulted in the covering of the short and a decline of the short interest in Deere stock.
As of September 24, Deere’s (DE) dividend yield stood at ~1.76% and is showing signs of a declining trend. DE’s current dividend yield is down by ten basis points as compared to the dividend yield at the end of Q2 2018. DE’s dividend yield in the previous quarter showed recovery signs due to the increased dividend rate and was also helped by the decline in the stock price.
Deere (DE) has underperformed the broader market S&P 500 (SPY) this year. As of September 24, Deere has fallen 3.2% YTD but has managed to outperform peers AGCO (AGCO) and CNH Industrial (CNHI), which have fallen 15.7% and 6.7%, respectively. However, it has underperformed Caterpillar (CAT) marginally. CAT is down by 2.3% on a year-to-date basis.
In 2018, Caterpillar (CAT) stock has been very volatile. On a year-to-date basis, Caterpillar has fallen 1.0%. Deere (DE), AGCO (AGCO), and CNH Industrial (CNHI) have declined 1.6%, 16.1%, and 7.7%, respectively, which indicates that Caterpillar has outperformed its peers. However, Caterpillar has underperformed the S&P 500 (SPY), which has gained 9.6% during the same period.
On September 18, Deere announced the launch of the new L-series II and Wheeled Feller Bunchers. The new series has a simplified design and provides a more reliable solution. The new series maintained the productivity from the original line-up including hydraulic speed, large grapples, and weight distribution.
AGCO , a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announced the launch of the AGCO Agriculture Foundation.
On September 14, Deere (DE) and Granular launched a farm management tool called “Profit Maps.” Profit Maps is a free tool that can be accessed through John Deere’s operations center. Profit Maps helps farmers by providing information about the average cost. The product also provides revenue profit map layers at the sub-field level.
On September 7, Deere & Company (DE) announced the product updates for the 310L EP backhoe and the 210L EP tractor loader. Deere stated that these enhancements are expected to improve productivity and trim operating costs.
AGCO, Your Agriculture Company , a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Morgan Stanley 6th Annual Laguna Conference on Thursday, September 13, 2018.
On August 29, Deere announced the regular quarterly dividend on its outstanding shares. To be eligible for the dividend, investors should hold Deere shares as of September 28 in the company’s record. The dividend is expected to be paid on November 1. At the end of the third fiscal quarter, Deere had 328 million outstanding shares. Assuming no buyback happens, Deere will be paying ~$226.32 million in dividends to its shareholders.
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Historically, AGCO Corporation (NYSE:AGCO) has paid dividends to shareholders, andRead More...
Agco (AGCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On August 22, Deere (DE) introduced the new John Deere DN495 Spinner Spreader for the F4365 high-capacity nutrient applicator. The new product will help large-scale producers and commercial agriculture service providers apply dry fertilizer and other nutrients precisely. It comes with the option of being factory installed for 2019 machines.
AGCO poised to gain from focus on investments, acquisitions and positive foreign currency-translation impact despite rising costs.
In the fiscal third quarter, Deere & Company (DE) reported total revenue of $10.31 billion, inclusive of financial services and other revenue. Deere’s equipment business growth was primarily driven by its acquisition of Wirtgen Group, which added 17% to its revenue. Both of Deere’s reporting segments witnessed significant revenue growth.
Deere & Company (DE) announced its fiscal third-quarter earnings before the market opened on August 17. Its reported adjusted EPS was $2.59, an increase of 31.5% YoY (year-over-year).