Agco Corp is a global leader in the design, manufacture, and distribution of agricultural equipment and solutions
The company offers a wide range of products, including tractors, combines, planting and seeding equipment, hay and forage equipment, and crop care products. Agco serves farmers and agricultural service providers by enhancing their productivity and efficiency through innovative technologies and precision farming solutions. With a commitment to sustainability and optimizing farming practices, Agco aims to support the growing needs of the agricultural sector worldwide.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Specialized equipment manufacturer for infrastructure and vegetation management Alamo Group (NYSEALG)
will be announcing earnings results tomorrow after the bell. Here’s what to expect.
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term, strategic equity stake in the Company, today issued the following statement regarding AGCO’s recently reported fourth quarter and 2024 full year results. TAFE also disclosed that it has withdrawn its 14a-8 shareholder proposal from the agenda for the 2025 Annual Meeting of Shareholders (the “Annual Meeting”) following AGCO’s ill-conceived efforts to exclude the proposal, reaffirming TAFE’s belief that more substantial action must be taken to enhance the Company’s governance and turn around its struggling operational performance.
Agricultural and farm machinery company AGCO (NYSEAGCO) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 24% year on year to $2.89 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $9.6 billion at the midpoint. Its GAAP loss of $3.42 per share was significantly below analysts’ consensus estimates.
The earnings of CNH Industrial are expected to rebound in 2025 due to improved market conditions and company-specific catalysts. Analyst upgraded rating and set target price at $16.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including The Toro Company (NYSETTC) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the agricultural machinery industry, including AGCO Corporation (NYSEAGCO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including Deere (NYSEDE) and its peers.
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”) is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term, strategic equity stake in the Company.
Over the past six months, AGCO Corporation’s stock price fell to $97.65. Shareholders have lost 7.4% of their capital, which is disappointing considering the S&P 500 has climbed by 11.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Looking back on agricultural machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Lindsay (NYSELNN) and its peers.
