AGCO Stock Recent News

DULUTH, Ga. , Aug. 23, 2024 /PRNewswire/ -- AGCO (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 Citi's 2024 Global TMT Conference on Thursday, September 5, 2024.

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Investors need to pay close attention to AGCO stock based on the movements in the options market lately.

TORONTO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- For reasons of public interest and safety, on August 8, 2024, the Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) suspended the liquor sales licence of WAVE KTV, located at 8 Glen Watford Dr. Scarborough, Ontario. As of this date, this establishment is not legally allowed to sell or serve alcohol.

Reiterates confidence in company's Board and management team to execute Farmer-First strategy; Challenges TAFE's self-serving campaign DULUTH, Ga. , Aug. 7, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today issued the following statement in response to TAFE's amended 13D filing: AGCO maintains an open dialogue with all stockholders and welcomes constructive input toward the shared goal of maximizing stockholder value.

Explore Agco's (AGCO) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.

Brookfield Tractor, McFarlane Manufacturing, Parallel Ag and Vanderloop Equipment to expand sales and support services. DULUTH, Ga.

After a bull run from mid-2020 to mid-2023, AGCO has performed poorly relative to the Agricultural and Farm Machinery industry and broader market. AGCO's share price has fallen 35% in the past year, with disappointing earnings reports and lowered EPS guidance contributing to a negative outlook. Despite strengths in innovation and sustainability, AGCO's current challenges may indicate deeper issues, leading to a Sell rating and a recommendation to consider other more promising options.

AGCO, CRSR and DASH have been added to the Zacks Rank #5 (Strong Sell) List on August 2, 2024.

AGCO Corp (AGCO) expects an adjusted EPS of $8.00 for 2024, down from the previously stated $12.00.