AGRO Stock Recent News
AGRO LATEST HEADLINES
Adecoagro's 2Q24 results were flat due to improved production in sugar and farming businesses being offset by collapsing prices. The company's share price has remained flat with a Hold rating, as the stock already discounts positive commodity market conditions. Adecoagro's valuation remains unattractive, with earnings yield of 7.6% and potential downward revision in land prices affecting profitability.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Adecoagro S.A. (NYSE:AGRO ) Q2 2024 Earnings Conference Call August 13, 2024 10:00 AM ET Company Participants Mariano Bosch - CEO Emilio Gnecco - CFO Renato Pereira - VP, Sugar, Ethanol and Energy Conference Call Participants Isabella Simonato - Bank of America Merrill Lynch Thiago Duarte - BTG Julia Rizzo - Morgan Stanley Operator Good morning, ladies and gentlemen, and thank you for waiting.
Investors interested in Agriculture - Operations stocks are likely familiar with Adecoagro (AGRO) and Limoneira (LMNR). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors looking for stocks in the Agriculture - Operations sector might want to consider either Adecoagro (AGRO) or Corteva, Inc. (CTVA). But which of these two companies is the best option for those looking for undervalued stocks?
Adecoagro (AGRO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Adecoagro (AGRO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Adecoagro (AGRO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.