The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict AGCO's revenues will increase 5.2% and EPS will wither -13.0%.
The average estimate for revenue is $2.83 billion. On the bottom line, the average EPS estimate is $1.81.
Last quarter, AGCO logged revenue of $2.40 billion. GAAP reported sales were 5.7% higher than the prior-year quarter's $2.27 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.19. GAAP EPS of $1.19 for Q1 were 1.7% lower than the prior-year quarter's $1.21 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.2%, 50 basis points better than the prior-year quarter. Operating margin was 7.4%, 10 basis points worse than the prior-year quarter. Net margin was 4.9%, 40 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $10.53 billion. The average EPS estimate is $5.62.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 312 members out of 333 rating the stock outperform, and 21 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 64 give AGCO a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AGCO is outperform, with an average price target of $58.60.
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