AGCO

AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. It operates through the following geographic segments: North America, South America, Europe and Middle East, and Asia, Pacific, and Africa. The Asia/Pacific/Africa segment includes the regions of Australia and New Zealand. The firm's products include tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. Its brands include Challenger, Fendt, GSI, Massey Ferguson, Valtra, and Fella. The company was founded by Robert J. Ratliff in 1990 and is headquartered in Duluth, GA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

AGCO achieves record sales and margins, eyes global expansion

AGCO delivered a robust performance in Q4 2022, marked by record sales and margins, with a focus on global brand expansion and precision agriculture. While facing challenges like pricing fluctuations and margin pressures, the company sees opportunities in market demand, technology growth, and sustainable initiatives. AGCO's positive outlook for 2023 and beyond underscores its commitment to innovation and market strength.

AGCO reports record Q1 earnings, eyes growth in global markets

AGCO's Q1 2023 showed strong sales growth and margin expansion, with a focus on growth and sustainability. Despite challenges like component shortages, the company remains confident in hitting free cash flow targets. Opportunities lie in expanding product offerings and capitalizing on strong global ag markets.

AGCO achieves record Q2 performance, eyes $1B precision ag revenue

AGCO's Q2 2023 performance reflects record sales and margins, driven by strong demand for precision ag solutions and strategic pricing strategies.
While facing challenges from supply chain disruptions and market uncertainties, AGCO is well-positioned to capitalize on opportunities for growth and margin improvement.
The company's focus on sustainability, technology development, and meeting sales targets underscores its commitment to long-term success and market leadership.
With a positive outlook for the remainder of 2023 and beyond, AGCO's performance and strategic initiatives position it for continued financial strength and market expansion.

AGCO reports robust Q3 sales growth, eyes expansion and cost efficiencies

AGCO's Q3 performance reflects strong sales growth and operational improvements, driven by its Farmer-First strategy. While facing challenges in certain markets, AGCO is leveraging its strengths in technology and order backlog to drive future growth. The company is focused on seizing opportunities in global expansion and smart farming solutions.

AGCO reports record sales in 2023, anticipates challenges and growth

AGCO's strong 2023 performance with record sales and margins faces challenges in 2024 due to market conditions and inventory levels, but the company is strategically positioned for growth.
Investments in technology, Precision Ag, and parts business, along with cost management initiatives, present opportunities for revenue growth and margin stabilization.
Despite lower sales forecasts, AGCO's focus on operational efficiencies, global expansion, and strategic partnerships positions it well to navigate market headwinds and drive future profitability.
The company's emphasis on Precision Ag, digital capabilities, and customer engagement underscores its commitment to innovation and long-term sustainability in the agricultural equipment industry.

AGCO reports Q1 sales decline, focuses on cost reduction

AGCO faces challenges from declining sales and margins in key markets but is strategically aligning production and focusing on cost reduction.
The company's emphasis on margin-rich businesses and precision technology presents growth opportunities despite market headwinds.
Strategic reviews, positive dealer engagement, and revenue growth expectations highlight AGCO's resilience and long-term potential.
AGCO's performance reflects industry-wide challenges but also showcases strategic initiatives to navigate market uncertainties.

AGCO addresses industry downturn with Precision Ag focus and cost reduction

AGCO navigated challenges in Q2 2024 with production cuts and lower sales, particularly in South America. The company's strategic focus on Precision Ag technology and cost reduction initiatives demonstrates a commitment to long-term profitability. Despite industry headwinds, AGCO remains optimistic about its future growth prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alamo Group

Deere & Company

Lindsay

Titan

With the Manufacturing - Farm Equipment industry set to gain from improving farm income, commodity prices and investment in technology, Deere (DE), AGCO Corp (AGCO), Lindsay (LNN), Alamo (ALG) and Titan International (TWI) are poised to ride on this trends.

5 Farm Equipment Stocks to Watch in a Promising Industry

Fendt Authorized Dealers Benefit from Certified Trained Technicians PHOENIX , Aug. 23, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) continues to address the demand for skilled trade technicians in the agriculture industry through its Fendt Technician Academy, a 12-week specialized training program taught exclusively at the UTI-Lisle campus in Lisle, Illinois, while graduates of the program remain a top pick for Fendt authorized dealers around the country. Currently, 42 North American Fendt dealers have enrolled in supporting this unique program.

Universal Technical Institute's Fendt Technician Academy Paves Way For Skilled Trade Students Pursuing Agricultural Careers

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and country music superstar Luke Bryan will introduce on August 25 Fendt & Luke Bryan's Boldly Grown Popcorn, a limited-edition packaged snack made with the help of a few farmer friends from Merritt Pop Co. When he isn't performing sold-out concert tours, recording chart-topping anthems, or judging the longest-running

AGCO's Fendt® and Luke Bryan Collaborate to Harvest Limited-Edition Popcorn and Support the National FFA Organization

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the 2022 Jefferies Industrials Conference on Wednesday, August 10, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President, Senior Advisor and former Chief Financial Officer at 1:30 p.m. E.T. Investors may listen to a live webcast of

AGCO to Present at the 2022 Jefferies Industrial Conference

CNH Industrial NV

AGCO and CNHI reported Q2 earnings and declared that they still have order books full. AGCO, however, saw declining margins as it wasn't able to increase prices at pace with inflation.

AGCO And CNH Industrial: A Comparison Of 2 'Buys'

AGCO's sales growth should benefit from the strong order board, pricing actions, increased production hours, and improvement in the supply chain in 2H FY22. The company's margin should improve with pricing actions and an improved sales mix.

AGCO: Solid Growth Potential And Low Valuation

Global grain supplies are under pressure due to supply chain issues and complicated by Russia's ongoing invasion of Ukraine.

AGCO CEO says he expects grain shortage to last into next year

AGCO Corporation (NYSE:AGCO ) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Greg Peterson – Head-Investor Relations Eric Hansotia – Chairman, President and Chief Executive Officer Damon Audia – Senior Vice President and Chief Financial Officer Andy Beck – Senior Vice President and Senior Advisor Conference Call Participants Jamie Cook – Credit Suisse Jerry Revich – Goldman Sachs Steve Volkmann – Jefferies Chad Dillard – Bernstein Kristen Owen – Oppenheimer Steven Fisher – UBS Tammy Zakaria – JPMorgan Seth Weber – Wells Fargo Dillon Cumming – Morgan Stanley Tim Thein – Citigroup Operator Good day everyone and welcome to the AGCO 2022 Second Quarter Earnings Release Conference Call. [Operator Instructions] Now, at this time I'd like to hand the conference over to Greg Peterson, AGCO Head of Investor Relations.

AGCO Corporation (AGCO) CEO Eric Hansotia on Q2 2022 Results - Earnings Call Transcript

Agco (AGCO) delivered earnings and revenue surprises of 9.17% and 0.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Agco (AGCO) Beats Q2 Earnings Estimates

Cummins

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Tim Millwood to succeed Hans-Bernd Veltmaat as Senior Vice President and Chief Supply Chain Officer effective August 15, 2022. Mr. Millwood joins AGCO following a more than thirty-year career at Cummins Inc (NYSE: CMI), a global power technology leader,

AGCO Announces Chief Supply Chain Officer Succession

Caterpillar

Kubota Corp

Toro

These best agriculture stocks are cheap both on an earnings multiple basis and using other value metrics such as free cash flow and dividend yield. The post 6 Best Agriculture Stocks to Buy Now appeared first on InvestorPlace.

6 Best Agriculture Stocks to Buy Now

Is AGCO Corporation (AGCO) a great pick from the value investor's perspective right now? Read on to know more.

Is AGCO Corporation (AGCO) a Great Stock for Value Investors?

Alcoa

A. O. Smith

AZZ's fiscal first-quarter 2023 earnings beat estimates. AZZ gains from improved segment results and anticipates strong performance in the fiscal second quarter.

AZZ Q1 Earnings Beat Estimates and Revenues Increase Y/Y

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Wins Red Dot Award with the AGCO 3D Product Advisor.

AGCO Wins Red Dot Award: Design Concept 2022

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Second Quarter 2022 Earnings Release Conference Call is scheduled for Thursday, July 28th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the “Inv

AGCO Announces Second Quarter 2022 Earnings Release and Conference Call

Iconic Brand Marks Milestone With Renewed Dedication to Farmer-Focused Innovation Iconic Brand Marks Milestone With Renewed Dedication to Farmer-Focused Innovation

Massey Ferguson Celebrates 175th Anniversary

Avnet

First Commonwealth Financial

Nucor

These are top low-tech stocks with good yields and buybacks. Investors can expect these stocks to provide better returns due to these features.

6 Low-Tech Stocks With Good Yields and Buybacks

AGCO saw its price drop following Morgan Stanley's downgrade to "Equal Weight" assessing the risk of a recession. AGCO's fundamentals are healthy and have not deteriorated over the past quarter.

Could Supply Chain Constraints Help AGCO Face A Recession?

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will conduct a sustainable technology event on Tuesday, June 28, 2022. The meeting will include presentations by Eric Hansotia, AGCO's Chairman, President, and Chief Executive Officer, Louisa Parker-Smith, AGCO's Director Global Sustainability, Seth Crawford, AGCO's Senior Vice President

AGCO to Host Sustainable Technology Event

AGCO Corp's (AGCO) latest investment supports its focus on delivering industry-leading smart farming solutions to improve farmers' net farm income and animal welfare.

AGCO Corp (AGCO) Invests in OPTIfarm to Boost Animal Welfare

United States Steel

These companies have common technology like manufacturing and mining equipment, and these low-tech stocks are now inexpensive. The post 6 Low-Tech Stocks That Are Ideal for Value Investors appeared first on InvestorPlace.

6 Low-Tech Stocks That Are Ideal for Value Investors

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, has announced an investment in OPTIfarm, an emerging leader in precision livestock farming. OPTIfarm uses proprietary software and an expert team to help farmers create the best environment for their animals. The system improves farm performance and helps meet key operational livestock targets, such as weight gain, improved feed conversion ratio and un

AGCO Invests in OPTIfarm to Improve Productivity and Animal Welfare

Company celebrates century of farmer-focused innovation Company celebrates century of farmer-focused innovation

AGCO's Gleaner® brand marks 100th anniversary with model year 2023

Kennametal

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Damon Audia to succeed Andy Beck as Senior Vice President and Chief Financial Officer (CFO) effective July 1, 2022. Mr. Audia joins AGCO from Kennametal Inc. (NYSE: KMT), an industrial technology leader specializing in tooling and wear-resistant solutions

AGCO Announces Chief Financial Officer Succession

The Massey Ferguson Beauvais Plant Celebrates Milestone Production

News for AGCO Stock (AGCO)