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

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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.

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Get a deeper insight into the potential performance of Agco (AGCO) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Countdown to Agco (AGCO) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

DULUTH, Ga. , April 30, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will showcase innovative equipment from across its brands at the Association of Equipment Manufacturer's (AEM) Celebration of Modern Ag on the National Mall in Washington, D.C.

AGCO Showcases Precision Ag Innovation at AEM's Celebration of Modern Ag on the National Mall in Washington, DC

Special Variable Dividend of $2.50 per share Regular Quarterly Dividend of $0.29 per share DULUTH, Ga. , April 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that its Board of Directors declared a special variable dividend in the amount of $2.50 per share and a regular quarterly dividend of $0.29 per outstanding share.

AGCO ANNOUNCES DIVIDENDS

Agco (AGCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Agco (AGCO) Q1 Earnings Expected to Decline

Kimberly Savageau Recognized as one of 130 Women Who Inspire Excellence in Manufacturing DULUTH, Ga. , April 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is proud to honor Kimberly Savageau as a 2024 Women MAKE Award recipient.

AGCO Leader Wins 2024 Women MAKE Award

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DULUTH, Ga. , April 12, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its first-quarter 2024 earnings release conference call is scheduled for Thursday, May 2 at 10 a.m.

AGCO ANNOUNCES FIRST-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

AGCO launches PTx, a Precision Ag Portfolio, to support the future development and distribution of next-generation ag technologies for farmers.

AGCO Announces PTx Launch to Boost Technology Transformation

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AGCO Corp (AGCO) closes the previously announced JV deal with Trimble to form PTx Trimble to better serve farmers.

AGCO Corp (AGCO) & Trimble Close JV to Form PTx Trimble

AUSTIN, Texas--(BUSINESS WIRE)-- #B2B--Zilliant, the leader in pricing lifecycle management, today announced a strategic relationship with AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO will leverage Zilliant for faster, more relevant pricing, saving hundreds of hours spent during the pricing process and increasing satisfaction among its dealers, customers and sales team. With global brands, product.

Zilliant to Supply AGCO with Modernized Pricing for Agricultural Machinery

Trimble

Leading ag tech deal creates an industry-leading, mixed-fleet  precision ag platform serving farmers globally DULUTH, Ga. and WESTMINSTER, Colo.

AGCO and Trimble Close Joint Venture, Form PTx Trimble

AGCO invests roughly $76 million in AGCO Power Facility in Linnavuori to speed up innovations.

AGCO Invests $76 Million in AGCO Power Facility in Linnavuori

Company Highlights New Products, New Targets and New Records in 2023 Sustainability Report DULUTH, Ga., March 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today released its 2023 Sustainability Report: Farmer First.

AGCO Progresses on its Sustainability Journey, Giving Farmers MorePrecision Ag and Clean Technology Solutions

AGCO Corporation has a strong business model in the agricultural equipment industry with a wide international presence. The company has shown positive growth in key financial metrics, but the market is discounting its valuation due to its short-term outlook. Short-term pessimism aside, I believe the market is giving us an opportunity of buying the stock at attractive levels.

AGCO Corporation: Wonderful Business Model, Quality Metrics, And Undervalued Opportunity

NOKIA, Finland--(BUSINESS WIRE)-- #Linnavuori--AGCO is announcing a EUR 70 million investment in its Linnavuori plant in Nokia, Finland to accelerate further clean energy innovations.

AGCO Invests EUR 70 million in AGCO Power Facility in Linnavuori, Finland to Increase Sustainable Product Offerings and Support Future Growth

Ag Technician from AGCO dealership Java Farm Supply in North Java, New York, captures title after a three-day competition that highlighted the skills and abilities of ag equipment professionals. DULUTH, Ga.

AGCO Names Nick Nelson 2023 NA Technician of the Year

The market is trading well above average valuations, with investors paying more than 20x earnings. Small-cap value is the only segment trading below its 20-year average valuation. AGCO Corporation offers tremendous value as a relatively small industrial player trying to penetrate the agriculture industry through its Fendt brand, aggressive R&D, and new partnerships.

AGCO May Be One Of The Cheapest (Special) Dividend Stocks On The Market

DULUTH, Ga. , March 11, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 JP Morgan Industrials Conference on Tuesday, March 12, 2024.

AGCO to Present at the 2024 JP Morgan Industrials Conference

Agco (AGCO) reported earnings 30 days ago. What's next for the stock?

Why Is Agco (AGCO) Down 5.9% Since Last Earnings Report?

DULUTH, Ga. , March 4, 2024 /PRNewswire/ -- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Morgan Stanley Technology, Media & Telecom Conference on Thursday, March 7, 2024.

AGCO to Present at the 2024 Morgan Stanley Technology, Media & Telecom Conference

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News for AGCO Stock (AGCO)