Market Summary
USD119.40+7.79
Market Closed6.98%
AGCO Stock Price
AGCO RSI Chart
AGCO Valuation
AGCO Price/Sales (Trailing)
AGCO Profitability
AGCO Fundamentals
AGCO Revenue
AGCO Earnings
Price Action
52 Week Range
88.19145.53
(Low)(High)
Last 7 days
4.4%
Last 30 days
-6.4%
Last 90 days
-17.2%
Trailing 12 Months
-7.7%
AGCO Financial Health
AGCO Investor Care
Peers (Alternatives to AGCO)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
DE | 110.4B | 59.7B | -2.92% | 3.14% | 12.34 | 1.85 | 30.32% | 50.38% |
CMI | 33.1B | 30.1B | -2.96% | 4.93% | 15.16 | 1.18 | 23.97% | 0.88% |
DOV | 19.5B | 8.5B | -3.14% | 4.34% | 18.31 | 2.29 | 5.49% | -4.42% |
TTC | 10.6B | 4.7B | -2.65% | 19.91% | 25.08 | 2.25 | 17.70% | 8.16% |
| MID-CAP | ||||||||
LECO | 10.5B | 313.9M | 6.97% | 31.80% | 22.38 | 33.37 | -83.74% | 42.51% |
PNR | 9.6B | 4.2B | 1.46% | 15.02% | 19.56 | 2.32 | 6.47% | -9.04% |
AGCO | 8.9B | 12.7B | -6.36% | -7.71% | 9.21 | 0.71 | 13.58% | 8.06% |
JBT | 3.7B | 2.2B | 8.98% | -7.59% | 28.24 | 1.66 | 15.97% | 11.71% |
TEX | 3.1B | 4.4B | 4.49% | 42.66% | 10.4 | 0.71 | 13.66% | 35.81% |
KMT | 2.2B | 2.1B | 2.01% | -2.07% | 17.9 | 1.08 | 2.98% | -10.34% |
ALG | 2.1B | 1.6B | 0.68% | 46.40% | 18.26 | 1.36 | 12.88% | 43.76% |
| SMALL-CAP | ||||||||
LNN | 1.4B | 746.9M | 2.62% | -7.24% | 17.32 | 1.84 | 9.53% | 72.07% |
CMCO | 1.1B | 935.8M | 13.83% | 9.92% | 24.18 | 1.2 | 11.48% | 69.08% |
HY | 858.5M | 3.7B | 2.79% | 35.79% | -11.59 | 0.24 | 17.31% | 88.95% |
ARTW | 9.7M | 7.9M | -4.62% | 1.22% | 41.49 | 0.36 | -68.64% | 182.13% |
Financials for AGCO
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 6.2% | 12,651 | 11,908 | 11,511 | 11,445 | 11,138 |
| Gross Profit | 9.4% | 3,001 | 2,743 | 2,631 | 2,633 | - |
| S&GA Expenses | 3.5% | 1,186 | 1,146 | 1,125 | 1,099 | - |
| R&D Expenses | 5.4% | 444 | 422 | 410 | 410 | - |
| EBITDA | 11.1% | 1,308 | 1,178 | 1,122 | 1,167 | - |
| EBITDA Margin | 4.6% | 0.10* | 0.10* | 0.10* | 0.10* | - |
| Earnings Before Taxes | 13.8% | 1,107 | 973 | 913 | 950 | - |
| EBT Margin | 7.1% | 0.09* | 0.08* | 0.08* | 0.08* | - |
| Interest Expenses | -52.9% | -13.00 | -8.50 | -7.40 | -3.70 | -6.70 |
| Net Income | 4.7% | 890 | 850 | 793 | 898 | - |
| Net Income Margin | -1.4% | 0.07* | 0.07* | 0.07* | 0.08* | - |
| Free Cahsflow | 2599.4% | 450 | -18.00 | -69.50 | 126 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 7.0% | 10,812 | 10,104 | 9,818 | 9,889 | 9,877 |
| Current Assets | 10.3% | 6,329 | 5,739 | 5,702 | 5,704 | 5,637 |
| Cash Equivalents | -29.2% | 559 | 790 | 607 | 581 | 656 |
| Inventory | 14.2% | 3,643 | 3,190 | 3,325 | 3,382 | 3,260 |
| Net PPE | 4.9% | 1,669 | 1,591 | 1,419 | 1,406 | 1,464 |
| Goodwill | 0.9% | 1,323 | 1,311 | 1,264 | 1,298 | 1,305 |
| Liabilities | 7.4% | 6,679 | 6,221 | 6,298 | 6,506 | 6,202 |
| Current Liabilities | -2.5% | 3,984 | 4,088 | 3,618 | 3,631 | 3,435 |
| . Short Term Borrowings | -44.9% | 5.00 | 9.00 | 262 | 321 | 93.00 |
| LT Debt, Current | 1.9% | 191 | 187 | 99.00 | 2.00 | 2.00 |
| LT Debt, Non Current | 41.6% | 1,791 | 1,265 | 1,846 | 2,018 | 1,899 |
| Shareholder's Equity | 6.5% | 4,133 | 3,882 | 3,520 | 3,383 | 3,675 |
| Retained Earnings | 3.7% | 5,864 | 5,655 | 5,350 | 5,130 | 5,306 |
| Additional Paid-In Capital | -18.2% | 25.00 | 30.00 | 22.00 | 13.00 | 3.00 |
| Shares Outstanding | 0.3% | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 |
| Minority Interest | 0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 2.3% | 858 | 838 | 324 | 219 | 399 |
| Share Based Compensation | 20.6% | 41.00 | 34.00 | 32.00 | 30.00 | 28.00 |
| Cashflow From Investing | -0.2% | -497 | -496 | -454 | -422 | -349 |
| Cashflow From Financing | -4.3% | -424 | -407 | 308 | 368 | 200 |
| Dividend Payments | 0.8% | 407 | 404 | 401 | 398 | 361 |
| Buy Backs | -100.0% | 0.00 | 240 | - | - | - |
Risks for AGCO
What is the probability of a big loss on AGCO?
77.7%
Probability that AGCO stock will be more than 20% underwater in next one year
40%
Probability that AGCO stock will be more than 30% underwater in next one year.
18.5%
Probability that AGCO stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AGCO drawdown profile look like?
Y-axis is the maximum loss one would have experienced if AGCO was unfortunately bought at previous high price.
Drawdowns
Returns for AGCO
Cumulative Returns on AGCO
9.5%
10-Year Cumulative Returns
14.2%
7-Year Cumulative Returns
15.5%
5-Year Cumulative Returns
31.4%
3-Year Cumulative Returns
What are the long-term rolling returns for AGCO?
FIve years rolling returns for AGCO.
Annualized Returns
Which funds bought or sold AGCO recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-06-01 | MACQUARIE GROUP LTD | unchanged | - | -147,000 | 5,692,000 | 0.01% |
2023-05-26 | ProShare Advisors LLC | added | 18.63 | 87,467 | 646,526 | -% |
2023-05-25 | Empower Advisory Group, LLC | new | - | 10,630,200 | 10,630,200 | 0.05% |
2023-05-25 | Brandywine Global Investment Management, LLC | added | 48.79 | 3,943,450 | 12,698,300 | 0.05% |
2023-05-23 | Toroso Investments, LLC | added | 196 | 2,038,000 | 3,116,000 | 0.05% |
2023-05-23 | Brookfield Corp /ON/ | new | - | 7,245,100 | 7,245,100 | 0.03% |
2023-05-22 | Raleigh Capital Management Inc. | added | 31.05 | 7,225 | 33,607 | 0.02% |
2023-05-22 | EMC Capital Management | unchanged | - | -9,000 | 368,000 | 0.31% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -1.77 | -3,863,300 | 87,283,700 | 0.03% |
2023-05-18 | JPMORGAN CHASE & CO | added | 5.33 | 2,659,700 | 102,020,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AGCO News
Schedule 13G FIlings of AGCO
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 8.88% | 6,622,963 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.3% | 6,955,636 | SC 13G | |
| Feb 09, 2022 | vanguard group inc | 8.48% | 6,347,044 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.6% | 5,677,333 | SC 13G/A | |
| Mar 02, 2021 | srinivasan mallika | 16.15% | 12,150,152 | SC 13D/A | |
| Feb 17, 2021 | srinivasan mallika | 16.2% | 12,150,152 | SC 13D/A | |
| Feb 10, 2021 | vanguard group inc | 7.45% | 5,577,450 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.0% | 5,251,154 | SC 13G/A | |
| Dec 04, 2020 | srinivasan mallika | 16.2% | 12,150,152 | SC 13D/A | |
| Nov 24, 2020 | srinivasan mallika | 16.2% | 12,150,152 | SC 13D/A |
AGCO Fair Value
Recent SEC filings of AGCO
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 26, 2023 | SD | SD | |
| May 23, 2023 | 4/A | Insider Trading | |
| May 09, 2023 | 10-Q | Quarterly Report | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 02, 2023 | 8-K | Current Report |
Latest Insider Trading transactions for AGCO
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-03 | Felli Luis Fernando Sartini | sold (taxes) | -31,530 | 137 | -230 | svp, massey ferguson |
2023-05-03 | Crain Robert B | sold (taxes) | -105,422 | 137 | -769 | svp, customer experience |
2023-05-03 | Harris Ivory Marie | sold (taxes) | -34,135 | 137 | -249 | svp chief hr officer |
2023-05-03 | Hansotia Eric P | sold (taxes) | -138,598 | 137 | -1,011 | chairman, president and ceo |
2023-05-03 | Hansotia Eric P | sold (taxes) | -105,011 | 137 | -766 | chairman, president and ceo |
2023-05-03 | Dehner Torsten Rudolf Willi | sold (taxes) | -51,820 | 137 | -378 | svp, gen. mgr., fendt/valtra |
2023-05-03 | Caspari Stefan | sold (taxes) | -61,553 | 137 | -449 | svp gen mgr grain and protein |
2023-04-27 | arnold michael c | sold (taxes) | -33,084 | 122 | -269 | - |
2023-04-27 | arnold michael c | acquired | - | - | 1,341 | - |
2023-04-27 | CLARK SUZANNE PATRICIA | acquired | - | - | 1,341 | - |
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Challenger, Fendt, GSI, Massey Ferguson, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.
AGCO Income Statement
2023-03-31Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Income Statement [Abstract] | ||
| Net sales | $ 3,333.5 | $ 2,685.7 |
| Cost of goods sold | 2,478.6 | 2,054.4 |
| Gross profit | 854.9 | 631.3 |
| Operating expenses: | ||
| Selling, general and administrative expenses | 330.3 | 271.1 |
| Engineering expenses | 119.6 | 100.3 |
| Amortization of intangibles | 14.8 | 15.3 |
| Impairment charges | 0.0 | 36.0 |
| Restructuring expenses | 1.4 | 3.0 |
| Bad debt expense | 1.5 | 1.6 |
| Income from operations | 387.3 | 204.0 |
| Interest expense, net | 0.5 | 0.4 |
| Other expense, net | 50.4 | 17.5 |
| Income before income taxes and equity in net earnings of affiliates | 336.4 | 186.1 |
| Income tax provision | 120.2 | 60.2 |
| Income before equity in net earnings of affiliates | 216.2 | 125.9 |
| Equity in net earnings of affiliates | 16.4 | 11.1 |
| Net income | 232.6 | 137.0 |
| Net income attributable to noncontrolling interests | 0.0 | 14.8 |
| Net income attributable to AGCO Corporation and subsidiaries | $ 232.6 | $ 151.8 |
| Net income per common share attributable to AGCO Corporation and subsidiaries: | ||
| Basic (in dollars per share) | $ 3.11 | $ 2.03 |
| Diluted (in dollars per share) | 3.10 | 2.03 |
| Cash dividends declared and paid per common share (in dollars per share) | $ 0.24 | $ 0.20 |
| Weighted average number of common and common equivalent shares outstanding: | ||
| Basic (in shares) | 74.9 | 74.6 |
| Diluted (in shares) | 75.0 | 74.9 |
AGCO Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current Assets: | ||
| Cash, cash equivalents and restricted cash | $ 558.7 | $ 789.5 |
| Accounts and notes receivable, net | 1,530.7 | 1,221.3 |
| Inventories, net | 3,642.8 | 3,189.7 |
| Other current assets | 596.6 | 538.8 |
| Total current assets | 6,328.8 | 5,739.3 |
| Property, plant and equipment, net | 1,668.7 | 1,591.2 |
| Right-of-use lease assets | 160.8 | 163.9 |
| Investments in affiliates | 456.5 | 436.9 |
| Deferred tax assets | 232.9 | 228.5 |
| Other assets | 287.4 | 268.7 |
| Intangible assets, net | 354.0 | 364.4 |
| Goodwill | 1,322.5 | 1,310.8 |
| Total assets | 10,811.6 | 10,103.7 |
| Current Liabilities: | ||
| Current portion of long-term debt | 190.6 | 187.1 |
| Short-term borrowings | 4.9 | 8.9 |
| Accounts payable | 1,426.6 | 1,385.3 |
| Accrued expenses | 2,144.3 | 2,271.3 |
| Other current liabilities | 217.9 | 235.4 |
| Total current liabilities | 3,984.3 | 4,088.0 |
| Long-term debt, less current portion and debt issuance costs | 1,791.1 | 1,264.8 |
| Operating lease liabilities | 122.3 | 125.4 |
| Pension and postretirement health care benefits | 160.1 | 158.0 |
| Deferred tax liabilities | 115.3 | 112.0 |
| Other noncurrent liabilities | 505.6 | 472.9 |
| Total liabilities | 6,678.7 | 6,221.1 |
| Commitments and contingencies (Note 19) | ||
| AGCO Corporation stockholders’ equity: | ||
| Preferred stock; $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding in 2023 and 2022 | 0.0 | 0.0 |
| Common stock; $0.01 par value, 150,000,000 shares authorized, 74,846,174 and 74,600,815 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively | 0.7 | 0.7 |
| Additional paid-in capital | 24.7 | 30.2 |
| Retained earnings | 5,863.7 | 5,654.6 |
| Accumulated other comprehensive loss | (1,756.4) | (1,803.1) |
| Total AGCO Corporation stockholders’ equity | 4,132.7 | 3,882.4 |
| Noncontrolling interests | 0.2 | 0.2 |
| Total stockholders’ equity | 4,132.9 | 3,882.6 |
| Total liabilities and stockholders’ equity | $ 10,811.6 | $ 10,103.7 |