AGCO (AGCO) Forms $72.94 Double Top; Farmer Brothers Co Has 1.75 Sentiment

AGCO Corporation (AGCO) formed double top with $75.13 target or 3.00% above today’s $72.94 share price. AGCO Corporation (AGCO) has $5.80B valuation. The stock increased 0.33% or $0.24 during the last trading session, reaching $72.94. About 345,695 shares traded. AGCO Corporation (NYSE:AGCO) has risen 25.79% since December 24, 2016 and is uptrending. It has outperformed by 9.09% the S&P500.

Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company has market cap of $550.18 million. The firm offers roast and ground coffee; frozen liquid coffee; flavored and unflavored iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, and creamers; spices; and other beverages comprising cappuccino, cocoa, granitas, and ready-to-drink iced coffee. It has a 25.52 P/E ratio. It sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, China Mist, Direct Trade, Fair Trade Certified, Rainforest Alliance Certified, Un Momento, Collaborative Coffee, Cain's, and McGarvey brand names, as well as under various private labels.

Analysts await AGCO Corporation (NYSE:AGCO) to report earnings on February, 6. They expect $1.11 EPS, up 32.14% or $0.27 from last year’s $0.84 per share. AGCO’s profit will be $88.29M for 16.43 P/E if the $1.11 EPS becomes a reality. After $0.79 actual EPS reported by AGCO Corporation for the previous quarter, Wall Street now forecasts 40.51% EPS growth.

Among 19 analysts covering Agco Corporation (NYSE:AGCO), 5 have Buy rating, 3 Sell and 11 Hold. Therefore 26% are positive. Agco Corporation has $90.0 highest and $39 lowest target. $67.07’s average target is -8.05% below currents $72.94 stock price. Agco Corporation had 64 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Piper Jaffray on Monday, August 24. The company was maintained on Tuesday, October 31 by Stifel Nicolaus. UBS maintained AGCO Corporation (NYSE:AGCO) rating on Friday, October 20. UBS has “Neutral” rating and $72 target. The firm has “Hold” rating given on Thursday, July 13 by Stifel Nicolaus. The company was maintained on Wednesday, August 9 by Piper Jaffray. Bank of America downgraded AGCO Corporation (NYSE:AGCO) rating on Friday, October 13. Bank of America has “Sell” rating and $70.0 target. Stifel Nicolaus initiated the stock with “Hold” rating in Tuesday, April 11 report. The stock of AGCO Corporation (NYSE:AGCO) has “Hold” rating given on Monday, June 5 by RBC Capital Markets. The firm has “Hold” rating given on Thursday, December 17 by Deutsche Bank. The firm has “Hold” rating given on Tuesday, July 18 by BMO Capital Markets.

Since August 1, 2017, it had 0 insider buys, and 4 selling transactions for $1.92 million activity. On Tuesday, August 1 Crain Robert B sold $1.08M worth of AGCO Corporation (NYSE:AGCO) or 15,000 shares. $73,000 worth of AGCO Corporation (NYSE:AGCO) was sold by Smith Lucinda B. BECK ANDREW H sold 10,000 shares worth $721,836. Veltmaat Hans Bernd also sold $49,892 worth of AGCO Corporation (NYSE:AGCO) on Tuesday, August 29.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.04, from 0.85 in 2017Q2. It is negative, as 25 investors sold AGCO Corporation shares while 124 reduced holdings. 40 funds opened positions while 81 raised stakes. 64.46 million shares or 1.81% more from 63.32 million shares in 2017Q2 were reported. First Quadrant Ltd Partnership Ca holds 61,854 shares or 0.09% of its portfolio. Eqis Capital Management reported 4,329 shares. Glg Llc reported 0.02% of its portfolio in AGCO Corporation (NYSE:AGCO). Neuberger Berman Gru Ltd stated it has 8,183 shares or 0% of all its holdings. Guggenheim Capital Ltd Liability reported 26,907 shares. Utah Retirement has 12,264 shares. Pictet Asset Mgmt invested in 483,727 shares or 0.1% of the stock. Renaissance Ltd Limited Liability Company, New York-based fund reported 155,143 shares. Raymond James Na reported 5,998 shares stake. Sumitomo Mitsui Tru has 210,597 shares. Acadian Asset Mngmt Limited Liability Company stated it has 0.1% in AGCO Corporation (NYSE:AGCO). Nomura Holding Incorporated has invested 0% in AGCO Corporation (NYSE:AGCO). Regentatlantic Capital Lc stated it has 0.04% of its portfolio in AGCO Corporation (NYSE:AGCO). Northern Corp has 618,455 shares for 0.01% of their portfolio. First Pacific Advsr Ltd accumulated 0.13% or 230,300 shares.

Analysts await Farmer Bros. Co. (NASDAQ:FARM) to report earnings on February, 6. They expect $0.18 earnings per share, up 50.00% or $0.06 from last year’s $0.12 per share. FARM’s profit will be $3.01M for 45.76 P/E if the $0.18 EPS becomes a reality. After $0.03 actual earnings per share reported by Farmer Bros. Co. for the previous quarter, Wall Street now forecasts 500.00% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $10.36 million activity.

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