The dividend is sustainable, backed by profit and cash flow. The company's strong earnings growth and conservative payout ratio are encouraging. However, investors should consider any current stock risks before investing.
Despite a lower sales forecast for 2024, AGCO expects higher margins due to structural improvements. The company plans to invest in premium technology and smart farming solutions to support its Farmer-First strategy.
The continuous increase of ROCE and the firm's ability to reinvest capital profitably indicates AGCO's potential for continued growth. While it has been observed that the company has one warning sign, the strong returns could offset this concern.
This strategic acquisition and launch of AGCO Ventures signal AGCO's commitment to its technology evolution and its aim to be a leader in smart farming solutions.
AGCO's joint venture with Trimble seen as strategic move to compete with Deere, and could boost margins and stock returns. Success hinges on adoption of precision agriculture by farmers, stable farm income, and manageable debt-to-Ebitda post-acquisition.
AGCO (OW/AFL) hosted its 2023 Precision Ag Field Event last week in Nashville, TN and Pembroke, KY. The company provided updates on its technology stack and displayed its precision ag technology at Bollinger Family Farm in KY. Management reiterated the long-term financial targets which were introduced at AGCO’s 2022 Analyst Day, including 4-5% annual growth above industry, ~12% mid-cycle adj. operating margin by 2026, and 75-100% annual FCF conversion....
爱科集团股票讨论区
专栏AGCO Corp. | 2023 Technology Event Takeaways
爱科集团(AGCO) 是1992年以14美元上市的美国公司,目前价格109,平均回报率为7.1%,还可以。
近5年毛利率基本在22%左右,从21.25%改善到23.09%,净资产收益率则从6.4%波动上升到目前的28.05%,5年平均12.6%。
5年来营收除2019年外保持增长,2021年增长21.7%。营业利润5年来保持增长,平均增速为27.7%,其中2021年增长了55.6%。净利润则是在2019年有过一次56.7%的下滑,5年平均增速为41.3%,其中2021年增长114.75%。2022前两季度营收、营业利润和净利润分别增长7.1%,3.9%,萎缩24%,增速慢了下来,盈利能力也在下降。
利润表显示利息费用持续下降,2021年仅占营业利润的不到1%,负担很轻。其它费用占比也不到10%,影响不大。2022前两季度主要是有大额勾销影响了净利。
5年来资产负债率从61.2%上升到65.8%。2021年存货增加了6.2亿,而当年净利润仅增加4.82亿。2022前两季度存货增加7.88亿,而前两季度净利润也仅有3.3亿,利润非常虚。
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AGCO CEO says he expects grain shortage to last into next year.
Global grain shortages will likely last through the end of this year and into next year, AGCO Corp CEO Eric Hansotia told CNBC’s Jim Cramer on Monday.
“There’s just not enough grain in the world, and there won’t be for the rest of this year and probably even into next year,”
https://www.cnbc.com/video/2022/08/01/agco-ceo-says-he-expects-grain-shortage-to-last-into-next-year.html
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