Q4 Earnings Forecast for TSE:AFN Issued By Atb Cap Markets

Ag Growth International Inc. (TSE:AFN) – Atb Cap Markets lowered their Q4 2024 earnings per share estimates for shares of Ag Growth International in a research report issued 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 previous estimate of $1.97. Atb Cap Markets currently 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.

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

Ag Growth International Trading Down 2.1 %

Shares of AFN stock opened at C$38.96 on Friday. Ag Growth International has a fifty-two week low of C$38.93 and a fifty-two week high of C$64.51. 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 50 day simple moving average of C$51.28 and a two-hundred day simple moving average of C$52.61. The company has a market cap 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 Dividend Announcement

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