StockSaints Logo 

AGCO $AGCO Preview For Upcoming Quarterly Earnings

AGCO Corporation (AGCO) is scheduled to release last fiscal quarter's results Unknown at time of writing  

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company was founded in 1990 and is headquartered in Duluth, Georgia. AG trades an average of 1.7 million shares per day and has a marketcap of $4.9 Billion.

52 Week High: $59.81
52 Week Low:  $30.11
Book Value:    $29.02
Float Short:      3.06%

Analysts are expecting an improvement of $0.46 in earnings per share compared to last quarter's results of $0.87. Investors will be looking to top $1.33 per share based on the estimated mean earnings. Analyst estimates range between $1.20 and $1.51 per share.
The P/E ratio has been under pressure, as the current trailing twelve months P/E ratio is 13, while the forward P/E ratio is now 10.15. A falling PE ratio may signal a bargain for astute investors, or maybe time to move on.
Looking at the price movement over the last month, the stock has moved higher in price 15.15%, and moving in price 0.45% from one year ago.
The stock is performing extremely well when compared to the general stock market up to this point. When comparing to the S&P 500, the year up to date positive change is 13.57%.

For the same fiscal period year-over-year, revenue has improved to $6.90 billion for 2010 vs. $6.52 billion for 2009. The bottom line has rising earnings year-over-year of $220.50 million for 2010 vs. $135.70 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $324.20 million for 2010 vs. $218.70 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure that the bottom line is keeping up with the top line.

Thank you for reading my article. Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

 

Robert Weinstein Google+

 

Rate this article: 
No votes yet
Stock Tickers: Author Disclosure: NA
AGCO Corporation
Tickers: