Q4 EPS Estimates for TSE:AFN Decreased by Atb Cap Markets

Ag Growth International Inc. (TSE:AFN) – Stock analysts at Atb Cap Markets lowered their Q4 2024 earnings per share estimates for shares of Ag Growth International in a research note issued to investors on Tuesday, January 14th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings per share of $1.19 for the quarter, down from their prior forecast of $1.97. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share. Atb Cap Markets also issued estimates for Ag Growth International’s Q1 2025 earnings at $0.51 EPS, Q2 2025 earnings at $0.65 EPS, Q3 2025 earnings at $1.26 EPS, Q4 2025 earnings at $1.08 EPS, FY2025 earnings at $3.50 EPS, Q1 2026 earnings at $1.14 EPS, Q3 2026 earnings at $1.59 EPS, Q4 2026 earnings at $1.44 EPS and FY2026 earnings at $5.50 EPS.

Other equities analysts have also issued reports about the stock. ATB Capital lowered shares of Ag Growth International from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$79.00 to C$63.00 in a report on Tuesday. TD Securities lowered their price objective on shares of Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating for the company in a research report on Tuesday. Raymond James reduced their target price on Ag Growth International from C$62.00 to C$52.00 in a report on Tuesday. CIBC lowered their price target on Ag Growth International from C$72.00 to C$61.00 in a report on Tuesday. Finally, Royal Bank of Canada reduced their price objective on Ag Growth International from C$80.00 to C$75.00 in a research note on Thursday, November 7th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$67.25.

Ag Growth International Stock Down 2.1 %

Shares of TSE AFN opened at C$38.96 on Friday. Ag Growth International has a 52 week low of C$38.93 and a 52 week high of C$64.51. The stock’s fifty day moving average is C$51.28 and its 200 day moving average is C$52.61. The company has a debt-to-equity ratio of 298.35, a quick ratio of 0.84 and a current ratio of 1.49. The stock has a market capitalization of C$742.97 million, a P/E ratio of 25.63, a PEG ratio of 1.30 and a beta of 2.29.

Ag Growth International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a $0.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a yield of 1.54%. Ag Growth International’s dividend payout ratio (DPR) is presently 39.47%.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.