Ag Growth International (TSE:AFN) Cut to “Hold” at Atb Cap Markets

Atb Cap Markets cut shares of Ag Growth International (TSE:AFN) from a strong-buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports. Atb Cap Markets also issued estimates for Ag Growth International’s Q2 2026 earnings at $1.33 EPS and FY2027 earnings at $6.61 EPS.

AFN has been the subject of a number of other research reports. CIBC reduced their price target on Ag Growth International from C$72.00 to C$61.00 in a research report on Tuesday. ATB Capital downgraded 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 research report on Tuesday. Raymond James cut their price target on shares of Ag Growth International from C$62.00 to C$52.00 in a research report on Tuesday. Royal Bank of Canada decreased their price objective on Ag Growth International from C$80.00 to C$75.00 in a report on Thursday, November 7th. Finally, TD Securities lowered their target price on Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating on the stock in a research report on Tuesday. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$67.25.

Ag Growth International Stock Down 2.1 %

TSE:AFN opened at C$38.96 on Tuesday. 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 company has a market cap of C$742.97 million, a PE ratio of 25.63, a PEG ratio of 1.30 and a beta of 2.29. Ag Growth International has a 52-week low of C$38.93 and a 52-week high of C$64.51. The stock has a 50-day simple moving average of C$51.28 and a 200 day simple moving average of C$52.61.

Ag Growth International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were given a $0.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.54%. 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.