FY2025 EPS Estimates for TSE:AFN Decreased by Analyst

Ag Growth International Inc. (TSE:AFN) – National Bank Financial decreased their FY2025 earnings estimates for Ag Growth International in a research note issued to investors on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $4.24 per share for the year, down from their previous forecast of $4.39. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share.

A number of other equities research analysts have also recently commented on AFN. Royal Bank of Canada decreased their price objective on Ag Growth International from C$80.00 to C$75.00 in a research note on Thursday, November 7th. CIBC decreased their target price on Ag Growth International from C$75.00 to C$70.00 in a research report on Thursday, November 7th. Raymond James cut Ag Growth International from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$72.00 to C$62.00 in a research note on Friday, October 18th. Finally, TD Securities reduced their price objective on shares of Ag Growth International from C$79.00 to C$77.00 and set a “buy” rating on the stock in a research note on Monday, August 12th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$74.38.

Ag Growth International Stock Performance

Shares of Ag Growth International stock opened at C$54.30 on Thursday. The firm has a fifty day moving average of C$51.89 and a two-hundred day moving average of 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$1.04 billion, a price-to-earnings ratio of 35.70, a PEG ratio of 1.30 and a beta of 2.29. Ag Growth International has a 52 week low of C$45.96 and a 52 week high of C$64.51.

Ag Growth International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, September 27th. This represents a $0.60 dividend on an annualized basis and a yield of 1.10%. Ag Growth International’s payout ratio 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.