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.

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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.

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AGCO Corp's (AGCO) Q4 results reflect strong margin and sales performance across all segments.

AGCO Corp (AGCO) Q4 Earnings & Sales Top Estimates, Up Y/Y

AGCO Corporation (AGCO) CEO Eric Hansotia on Q4 2021 Results - Earnings Call Transcript

Why Agco Stock Just Popped 7.5%

AGCO Corp  AGCO reported fourth-quarter net sales growth of 16.1% year-over-year to $3.16 billion, beating the consensus of $3.05 billion. Regional Sales: Europe/Middle East $1.8 billion (+4.3% Y/Y), North America $674.7 million (+39.1% Y/Y), South America $405.6 million (+51.6% Y/Y), Asia/Pacific/Africa $278 million (+15% Y/Y).

AGCO Stock Surges On Q4 Beat, Solid FY22 Outlook

WR Series Windrower offers a smarter, more powerful way to better hay WR Series Windrower offers a smarter, more powerful way to better hay

Hesston by Massey Ferguson Launches New Self-Propelled Windrower

AGCO Corporation (AGCO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for AGCO Corporation (AGCO) This Earnings Season?

AGCO Corp (AGCO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why AGCO Corp (AGCO) Stock Might be a Great Pick

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2021 Fourth Quarter Earnings Release Conference Call is scheduled for Tuesday, February 8th 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 “Investors” Sectio

AGCO Announces 2021 Fourth Quarter Earnings Release and Conference Call

Deere & Company

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While demand in the Zacks Manufacturing - Farm Equipment industry will be supported by higher commodity prices, supply chain issues and high costs ail. Stocks like DE, KUBTY, AGCO and TWI are betting on cost management and automation to drive margins.

4 Farm Equipment Stocks to Watch Amid Cost & Supply Chain Woes

Caterpillar

PACCAR

Bernstein updated ratings for three Machinery stocks, believing that the concerns about the end of the machinery cycle in 2022 are "overdone" and sees an uneven sector setup into 2022. Bernstein analyst Chad Dillard upgraded Caterpillar Inc. (NYSE:CAT) to Outperform from Market Perform with a $240 price target, implying an upside of 19%.

Bernstein Upgrades Caterpillar, PACCAR To Outperform; Downgrades AGCO

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced an agreement to acquire Appareo Systems, LLC (“Appareo”), a leader in software engineering, hardware development and electronic manufacturing. The acquisition is expected to close in January 2022. Appareo, based in Fargo, North Dakota, specializes in the research, development, design, and manufacture of tangible tech

AGCO Agrees to Acquire Appareo Systems

AGCO stock tends to bounce back very quickly from downturns, and the company is in a strong, highly defensive sector. The post AGCO Stock Is a Top Defensive Stock That Can Weather Any Storm appeared first on InvestorPlace.

AGCO Stock Is a Top Defensive Stock That Can Weather Any Storm

AGCO Corp's (AGCO) latest investment strengthens its focus on farmer-first strategy to deliver best-in-class smart farming solutions that improve the net farm income of its customers.

AGCO Corp (AGCO) Invests in Greeneye, Boosts Crop Protection

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, has announced a 2.9% equity investment in Greeneye Technology, an emerging leader in precision spraying technology. Greeneye's proprietary AI-enabled precision spraying system detects and sprays individual weeds, which is designed to significantly reduce herbicide usage compared to standard broadcast spraying. In addition to i

AGCO Invests in Greeneye Technology, an Innovator in Smart Farming Solutions for Precision Spraying

AGCO Corp's (AGCO) latest investment supports its focus on developing value-added solutions for customers and helps to generate scopes for driverless vehicles.

AGCO Corp (AGCO) Buys 2.53% Stake in Software Company Apex.AI

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that it has made a 2.53% equity investment in Apex.AI, an emerging leader in safety-certified software for mobility and driverless vehicles. Apex.AI has differentiated itself with its software products by making it possible and easier for solutions providers to implement safety critical software into on-road and off-

AGCO Invests in Apex.AI, a Developer of Safety-Certified Software for Mobility and Autonomous Applications

Deutsche Bank analyst Nicole Deblase downgraded AGCO Corp (NYSE:AGCO) to Hold from Buy and lowered the price target to $124 (an upside of 3.2%), from $144. While 2022 is setting up to be another strong year for the agriculture equipment industry amid record order boards and supply-chain driven production recovery delays, "we have a hard time disputing why this may not be representative of peak demand," Deblase notes.

Deutsche Bank Downgrades AGCO On Peak Demand Concerns

DULUTH, Ga., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Massey Ferguson®, a worldwide brand of AGCO (NYSE:AGCO), is excited to announce a fresh new look for its iconic MF Triple Triangle® logo and its new “Born to Farm” brand identity to celebrate its 175 year anniversary in 2022.

AGCO Announces a New Straightforward & Dependable Brand Identity Celebrating 175 years of Massey Ferguson History

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Agriculture Foundation partners with MANRRS to serve underrepresented students in the US and promote careers in the agriculture industry.

AGCO Agriculture Foundation and MANRRS Announce a Three-Year Partnership to Advance Minority Representation in the Agricultural Industry

Robust farm equipment demand spurred by higher commodity prices and investments in farming technology is driving AGCO Corp (AGCO).

AGCO Corp (AGCO) Gains on Farm Equipment Demand & Investment

AGCO has seen something of a bumpy road in recent years, but the overall picture for the business today is appealing. The future is looking up, but even if performance reverts back to figures seen in the past, it offers upside potential.

AGCO Corporation: An Attractive Play On Agriculture

BofA analyst Ross Gilardi downgraded AGCO Corp (NYSE: AGCO) to Neutral from Buy and lowered the price target to $135 (an upside of 6%), from $154 post the Q3 earnings report.  "Realistic peak earnings power" is now priced into the shares, Gilardi notes.

BofA, Morgan Stanley Cut Price Target On AGCO - Read Why

DULUTH, Ga.--(BUSINESS WIRE)-- #AGCOIR--AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it will participate in Bernstein's 2nd Annual Virtual Operational Decisions Conference on November 3, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the we

AGCO to Present at Bernstein's 2nd Annual Virtual Operational Decisions Conference

AGCO Corporation (AGCO) CEO Eric Hansotia on Q3 2021 Results - Earnings Call Transcript

Agco (AGCO) delivered earnings and revenue surprises of 34.64% and -4.54%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for AGCO Stock (AGCO)