AGCO RSI Chart
Last 7 days
0.3%
Last 30 days
-0.8%
Last 90 days
-3.0%
Trailing 12 Months
-6.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 13.3B | 14.2B | 14.5B | 14.4B |
2022 | 11.4B | 11.5B | 11.9B | 12.7B |
2021 | 9.6B | 10.5B | 10.7B | 11.1B |
2020 | 9.0B | 8.6B | 8.9B | 9.1B |
2019 | 9.3B | 9.2B | 9.1B | 9.0B |
2018 | 8.7B | 9.1B | 9.3B | 9.4B |
2017 | 7.5B | 7.6B | 7.9B | 8.3B |
2016 | 7.3B | 7.3B | 7.3B | 7.4B |
2015 | 9.1B | 8.4B | 8.0B | 7.5B |
2014 | 10.7B | 10.4B | 10.1B | 9.7B |
2013 | 10.1B | 10.4B | 10.6B | 10.8B |
2012 | 9.2B | 9.6B | 9.8B | 10.0B |
2011 | 7.4B | 8.0B | 8.4B | 8.8B |
2010 | 6.3B | 6.3B | 6.6B | 6.9B |
2009 | 0 | 7.7B | 7.1B | 6.5B |
2008 | 0 | 0 | 0 | 8.3B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | de lange bob | acquired | 827 | 116 | 7.1204 | - |
Mar 15, 2024 | barbour sondra l | acquired | 2,042 | 116 | 17.5738 | - |
Feb 07, 2024 | caspari stefan | acquired | - | - | 5,043 | svp gm customer experience |
Feb 07, 2024 | dehner torsten rudolf willi | sold (taxes) | -324,370 | 117 | -2,751 | svp gm fendt/valtra |
Feb 07, 2024 | caspari stefan | sold (taxes) | -270,603 | 117 | -2,295 | svp gm customer experience |
Feb 07, 2024 | crawford seth howard | sold (taxes) | -225,326 | 117 | -1,911 | svp gm precision ag & digital |
Feb 07, 2024 | crain robert b | acquired | - | - | 8,598 | svp gm grain & protein |
Feb 07, 2024 | hansotia eric p | sold (taxes) | -2,843,990 | 117 | -24,120 | chairman, president and ceo |
Feb 07, 2024 | dehner torsten rudolf willi | acquired | - | - | 8,598 | svp gm fendt/valtra |
Feb 07, 2024 | hansotia eric p | acquired | - | - | 61,292 | chairman, president and ceo |
Which funds bought or sold AGCO recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | Louisiana State Employees Retirement System | added | 2.29 | 77,383 | 2,202,060 | 0.04% |
Apr 23, 2024 | WEDGE CAPITAL MANAGEMENT L L P/NC | added | 18.88 | 2,468,220 | 14,533,300 | 0.23% |
Apr 23, 2024 | Global Retirement Partners, LLC | reduced | -8.7 | -138 | 2,583 | -% |
Apr 23, 2024 | RATIONAL ADVISORS LLC | sold off | -100 | -12,505 | - | -% |
Apr 23, 2024 | ForthRight Wealth Management, LLC | added | 0.2 | 3,751 | 241,295 | 0.09% |
Apr 23, 2024 | Venturi Wealth Management, LLC | reduced | -47.19 | -25,117 | 28,911 | -% |
Apr 23, 2024 | AMALGAMATED BANK | added | 6.61 | 392,000 | 5,265,000 | 0.04% |
Apr 23, 2024 | Sugarloaf Wealth Management, LLC | unchanged | - | 443 | 33,831 | 0.01% |
Apr 23, 2024 | NEW MEXICO EDUCATIONAL RETIREMENT BOARD | unchanged | - | 20,000 | 1,562,000 | 0.06% |
Apr 23, 2024 | BFSG, LLC | reduced | -4.68 | -79,154 | 2,236,210 | 0.30% |
Unveiling AGCO Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to AGCO Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 185.5B | 67.1B | 17.96 | 2.77 | ||||
GE | 174.3B | 69.5B | 49.65 | 2.51 | ||||
CMI | 41.5B | 34.1B | 49.39 | 1.22 | ||||
AME | 41.2B | 6.6B | 31.36 | 6.24 | ||||
ACM | 12.8B | 14.9B | 206.83 | 0.86 | ||||
MID-CAP | ||||||||
APG | 9.2B | 6.9B | 59.86 | 1.32 | ||||
FLR | 6.9B | 15.5B | 49.58 | 0.44 | ||||
FLS | 6.2B | 4.3B | 33.08 | 1.43 | ||||
ACA | 3.7B | 2.3B | 23.46 | 1.62 | ||||
ALG | 2.5B | 1.7B | 18.02 | 1.45 | ||||
SMALL-CAP | ||||||||
AMRC | 1.1B | 1.4B | 17.78 | 0.81 | ||||
NKLA | 828.1M | 35.8M | -0.86 | 23.11 | ||||
AGX | 811.8M | 573.3M | 25.09 | 1.42 | ||||
AMSC | 379.0M | 135.4M | -23.11 | 2.8 | ||||
ADES | 228.0M | 99.2M | -18.62 | 2.3 |
AGCO Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 10.0% | 3,801 | 3,456 | 3,823 | 3,334 | 3,899 | 3,122 | 2,945 | 2,686 | 3,155 | 2,725 | 2,879 | 2,379 | 2,717 | 2,498 | 2,007 | 1,928 | 2,514 | 2,109 | 2,423 | 1,996 | 2,592 |
Gross Profit | 5.2% | 983 | 934 | 1,006 | 855 | 941 | 739 | 691 | 631 | 683 | 627 | 692 | 571 | 596 | 579 | 433 | 451 | 514 | 450 | 564 | 457 | 539 |
S&GA Expenses | 19.1% | 421 | 354 | 349 | 330 | 328 | 288 | 303 | 271 | 286 | 266 | 276 | 261 | 283 | 251 | 220 | 248 | 272 | 245 | 261 | 262 | 273 |
R&D Expenses | -100.0% | - | 140 | 139 | 120 | 132 | 105 | 107 | 100 | 110 | 93.00 | 107 | 96.00 | 100 | 82.00 | 76.00 | 85.00 | 89.00 | 82.00 | 88.00 | 85.00 | 88.00 |
EBITDA Margin | -6.4% | 0.11* | 0.12* | 0.12* | 0.11* | 0.10* | 0.10* | 0.10* | 0.10* | 0.10* | 0.10* | 0.10* | 0.09* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 230.9% | 7.00 | -5.50 | -5.80 | -0.50 | -4.40 | -2.30 | -5.90 | -0.40 | 0.00 | -1.20 | -2.20 | -3.40 | -1.90 | -3.60 | -6.10 | -3.40 | -4.00 | -6.40 | -6.00 | -3.50 | -15.30 |
Income Taxes | -201.1% | -76.10 | 75.00 | 111 | 120 | 91.00 | 74.00 | 72.00 | 60.00 | -13.00 | 70.00 | 8.00 | 44.00 | 70.00 | 57.00 | 31.00 | 29.00 | 25.00 | 83.00 | 53.00 | 19.00 | 37.00 |
Earnings Before Taxes | -24.9% | 251 | 334 | 413 | 336 | 389 | 297 | 236 | 186 | 254 | 237 | 274 | 180 | 191 | 205 | 81.00 | 85.00 | -73.90 | 79.00 | 182 | 74.00 | 127 |
EBT Margin | -8.8% | 0.09* | 0.10* | 0.10* | 0.09* | 0.09* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.07* | - | - | - | - | - | - | - | - | - |
Net Income | 20.8% | 339 | 281 | 319 | 233 | 404 | 238 | 178 | -12.20 | 282 | 181 | 283 | 151 | 135 | 157 | 70.00 | 65.00 | -88.30 | 8.00 | 141 | 65.00 | 99.00 |
Net Income Margin | -4.6% | 0.08* | 0.09* | 0.08* | 0.07* | 0.07* | 0.07* | 0.07* | 0.08* | 0.08* | 0.07* | 0.07* | 0.05* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 65.5% | 740 | 447 | 80.00 | -682 | 1,016 | 140 | -62.60 | -642 | 548 | 88.00 | 133 | -378 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.6% | 11,421 | 11,351 | 11,394 | 10,812 | 10,104 | 9,818 | 9,889 | 9,877 | 9,182 | 8,942 | 8,863 | 8,312 | 8,504 | 7,940 | 7,778 | 7,706 | 7,760 | 8,079 | 8,415 | 8,204 | 7,626 |
Current Assets | -5.0% | 6,341 | 6,675 | 6,747 | 6,329 | 5,739 | 5,702 | 5,704 | 5,637 | 5,014 | 4,808 | 4,728 | 4,298 | 4,368 | 3,945 | 3,871 | 3,810 | 3,729 | 3,957 | 4,162 | 3,961 | 3,537 |
Cash Equivalents | -12.5% | 596 | 681 | 464 | 559 | 790 | 607 | 581 | 656 | 889 | 537 | 500 | 454 | 1,119 | 511 | 404 | 387 | 433 | 282 | 280 | 293 | 326 |
Inventory | -7.7% | 3,441 | 3,726 | 3,830 | 3,643 | 3,190 | 3,325 | 3,382 | 3,260 | 2,594 | 2,738 | 2,667 | 2,360 | 1,974 | 2,057 | 2,169 | 2,188 | 2,079 | 2,311 | 2,425 | 2,308 | 1,909 |
Net PPE | -100.0% | - | 1,750 | 1,739 | 1,669 | 1,591 | 1,419 | 1,406 | 1,464 | 1,465 | 1,461 | 1,475 | 1,448 | 1,509 | 1,414 | 1,364 | 1,351 | 1,416 | 1,350 | 1,378 | 1,363 | 1,373 |
Goodwill | 1.9% | 1,333 | 1,309 | 1,327 | 1,323 | 1,311 | 1,264 | 1,298 | 1,305 | 1,281 | 1,289 | 1,294 | 1,277 | 1,307 | 1,273 | 1,247 | 1,261 | 1,298 | 1,456 | 1,494 | - | - |
Liabilities | -3.3% | 6,764 | 6,996 | 7,255 | 6,679 | 6,221 | 6,298 | 6,506 | 6,202 | 5,738 | 5,746 | 5,699 | 5,188 | 5,486 | 5,090 | 5,061 | 5,015 | 4,853 | 5,040 | 5,286 | 5,185 | 4,633 |
Current Liabilities | 5.5% | 4,344 | 4,119 | 4,303 | 3,984 | 4,088 | 3,618 | 3,631 | 3,435 | 3,455 | 3,549 | 3,619 | 3,415 | 3,363 | 2,858 | 2,608 | 2,562 | 2,885 | 3,028 | 3,229 | 3,055 | 2,767 |
Short Term Borrowings | -100.0% | - | 26.00 | 56.00 | 5.00 | 9.00 | 262 | 321 | 93.00 | 91.00 | 78.00 | 56.00 | 52.00 | 34.00 | 48.00 | 103 | 166 | 151 | 230 | 239 | 182 | 138 |
Long Term Debt | -28.3% | 1,377 | 1,920 | 2,014 | 1,791 | 1,265 | 1,846 | 2,018 | 1,899 | 1,411 | 1,319 | 1,206 | 937 | 1,257 | 1,429 | 1,652 | 1,670 | 1,192 | 1,269 | 1,308 | 1,404 | 1,275 |
LT Debt, Current | -100.0% | - | 80.00 | 191 | 191 | 187 | 99.00 | 2.00 | 2.00 | 2.00 | 225 | 316 | 312 | 326 | 86.00 | 2.00 | 2.00 | 3.00 | 64.00 | 70.00 | 68.00 | 73.00 |
LT Debt, Non Current | -28.3% | 1,377 | 1,920 | 2,014 | 1,791 | 1,265 | 1,846 | 2,018 | 1,899 | 1,411 | 1,319 | 1,206 | 937 | 1,257 | 1,429 | 1,652 | 1,670 | 1,192 | 1,269 | 1,308 | 1,404 | 1,275 |
Shareholder's Equity | 6.9% | 4,657 | 4,356 | 4,139 | 4,133 | 3,882 | 3,521 | 3,383 | 3,675 | 3,444 | 3,196 | 3,165 | 3,125 | 3,018 | 2,850 | 2,718 | 2,691 | 2,907 | 3,039 | 3,129 | 3,019 | 2,994 |
Retained Earnings | 5.2% | 6,360 | 6,046 | 5,787 | 5,864 | 5,655 | 5,350 | 5,130 | 5,306 | 5,182 | 4,969 | 4,864 | 4,898 | 4,759 | 4,636 | 4,490 | 4,433 | 4,444 | 4,567 | 4,591 | 4,491 | 4,477 |
Additional Paid-In Capital | -91.1% | 4.00 | 46.00 | 36.00 | 25.00 | 30.00 | 22.00 | 13.00 | 3.00 | 4.00 | 4.00 | 12.00 | 6.00 | 31.00 | 24.00 | 10.00 | - | 5.00 | 4.00 | 7.00 | 10.00 | 10.00 |
Shares Outstanding | -0.5% | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.00 | 28.00 | 27.00 | 38.00 | 38.00 | 40.00 | 41.00 | 49.00 | 53.00 | 62.00 | 64.00 | 63.00 | 61.00 |
Float | - | - | - | 8,200 | - | - | - | 6,100 | - | - | - | 8,200 | - | - | - | 3,400 | - | - | - | 4,900 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 58.6% | 900,400 | 567,700 | 192,100 | -557,100 | 1,133,300 | 271,100 | 10,300 | -576,500 | 618,700 | 166,400 | 190,400 | -315,300 | 672,400 | 445,700 | 213,700 | -435,300 | 776,100 | 132,700 | 117,000 | -329,900 | 599,900 |
Share Based Compensation | -12.7% | 8,900 | 10,200 | 13,300 | 14,000 | 8,600 | 7,800 | 10,600 | 7,000 | 6,300 | 5,900 | 8,400 | 6,800 | 10,800 | 14,100 | 10,100 | 2,600 | 8,400 | 8,100 | 12,300 | 12,500 | 13,300 |
Cashflow From Investing | -50.3% | -167,000 | -111,100 | -138,800 | -128,800 | -115,900 | -131,000 | -121,900 | -128,000 | -73,200 | -99,000 | -49,400 | -66,800 | -52,000 | -69,600 | -57,400 | -62,700 | -84,400 | -72,400 | -53,900 | -60,900 | -64,200 |
Cashflow From Financing | -250.6% | -782,900 | -223,300 | -127,100 | 461,600 | -876,600 | -76,500 | 67,000 | 479,100 | -161,900 | -15,900 | -101,700 | -260,000 | -36,800 | -271,600 | -145,600 | 476,700 | -548,500 | -47,500 | -76,100 | 358,700 | -505,300 |
Dividend Payments | -0.5% | 21,600 | 21,700 | 396,100 | 18,000 | 17,900 | 17,900 | 353,600 | 14,900 | 14,900 | 15,000 | 316,600 | 12,000 | 12,000 | 12,000 | 11,900 | 12,100 | 12,100 | 12,200 | 12,200 | 11,500 | 11,500 |
Buy Backs | - | - | - | - | - | - | - | - | - | 60,000 | 75,000 | - | - | - | - | - | 55,000 | 30,000 | 30,000 | 40,000 | 30,000 | 100,000 |
Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Net sales | $ 14,412.4 | $ 12,651.4 | $ 11,138.3 |
Cost of goods sold | 10,635.0 | 9,650.1 | 8,566.0 |
Gross profit | 3,777.4 | 3,001.3 | 2,572.3 |
Operating expenses: | |||
Selling, general and administrative expenses | 1,454.5 | 1,189.5 | 1,088.7 |
Engineering expenses | 548.8 | 444.2 | 405.8 |
Amortization of intangibles | 57.7 | 60.1 | 61.1 |
Asset Impairment Charges | 4.1 | 36.0 | 0.0 |
Restructuring expenses | 11.9 | 6.1 | 15.3 |
Income from operations | 1,700.4 | 1,265.4 | 1,001.4 |
Interest expense, net | 4.6 | 13.0 | 6.7 |
Other expense, net | 362.3 | 145.2 | 50.4 |
Income before income taxes and equity in net earnings of affiliates | 1,333.5 | 1,107.2 | 944.3 |
Income tax provision | 230.4 | 296.6 | 108.4 |
Income before equity in net earnings of affiliates | 1,103.1 | 810.6 | 835.9 |
Equity in net earnings of affiliates | 68.2 | 64.1 | 65.6 |
Net income | 1,171.3 | 874.7 | 901.5 |
Net loss (income) attributable to noncontrolling interests | 0.1 | 14.9 | (4.5) |
Net income attributable to AGCO Corporation and subsidiaries | $ 1,171.4 | $ 889.6 | $ 897.0 |
Net income per common share attributable to AGCO Corporation and subsidiaries: | |||
Basic (in dollars per share) | $ 15.66 | $ 11.92 | $ 11.93 |
Diluted (in dollars per share) | 15.63 | 11.87 | 11.85 |
Cash dividends declared and paid per common share (in dollars per share) | $ 6.10 | $ 5.40 | $ 4.74 |
Weighted average number of common and common equivalent shares outstanding: | |||
Basic (in shares) | 74.8 | 74.6 | 75.2 |
Diluted (in shares) | 74.9 | 74.9 | 75.7 |
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets: | ||
Cash and cash equivalents | $ 595.5 | $ 789.5 |
Accounts and notes receivable, net | 1,605.3 | 1,221.3 |
Inventories, net | 3,440.7 | 3,189.7 |
Other current assets | 699.3 | 538.8 |
Total current assets | 6,340.8 | 5,739.3 |
Property, plant and equipment, net | 1,920.9 | 1,591.2 |
Right-of-use lease assets | 176.2 | 163.9 |
Investments in affiliates | 512.7 | 436.9 |
Deferred tax assets | 481.6 | 228.5 |
Other assets | 346.8 | 268.7 |
Intangible assets, net | 308.8 | 364.4 |
Goodwill | 1,333.4 | 1,310.8 |
Total assets | 11,421.2 | 10,103.7 |
Current Liabilities: | ||
Borrowings due within one year | 15.0 | 196.0 |
Accounts payable | 1,207.3 | 1,385.3 |
Accrued expenses | 2,903.8 | 2,271.3 |
Other current liabilities | 217.5 | 235.4 |
Total current liabilities | 4,343.6 | 4,088.0 |
Long-term debt, less current portion and debt issuance costs | 1,377.2 | 1,264.8 |
Operating lease liabilities | 134.4 | 125.4 |
Pensions and postretirement health care benefits | 170.5 | 158.0 |
Deferred tax liabilities | 122.6 | 112.0 |
Other noncurrent liabilities | 616.1 | 472.9 |
Total liabilities | 6,764.4 | 6,221.1 |
Commitments and contingencies (Note 22) | ||
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, 74,517,973 and 74,600,815 shares issued and outstanding at December 31, 2023 and 2022, respectively | 0.7 | 0.7 |
Additional paid-in capital | 4.1 | 30.2 |
Retained earnings | 6,360.0 | 5,654.6 |
Accumulated other comprehensive loss | (1,708.1) | (1,803.1) |
Total AGCO Corporation stockholders’ equity | 4,656.7 | 3,882.4 |
Noncontrolling interests | 0.1 | 0.2 |
Total stockholders’ equity | 4,656.8 | 3,882.6 |
Total liabilities and stockholders’ equity | $ 11,421.2 | $ 10,103.7 |