Analysts Offer Predictions for TSE:AFN FY2025 Earnings

Ag Growth International Inc. (TSE:AFN) – Equities researchers at National Bank Financial decreased their FY2025 earnings estimates for Ag Growth International in a report released on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now expects that the company will post earnings per share of $4.24 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.

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

Ag Growth International Stock Down 0.6 %

Shares of TSE:AFN opened at C$54.27 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.49 and a debt-to-equity ratio of 298.35. Ag Growth International has a 52-week low of C$45.96 and a 52-week high of C$64.51. The company has a 50 day moving average of C$51.88 and a two-hundred day moving average of C$52.60. The company has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 35.91, a price-to-earnings-growth 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 Tuesday, October 15th. Investors of record on Friday, September 27th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.11%. The ex-dividend date was Friday, September 27th. 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.