What is Atb Cap Markets’ Forecast for TSE:AFN Q4 Earnings?

Ag Growth International Inc. (TSE:AFN) – Research analysts at Atb Cap Markets lowered their Q4 2024 earnings per share estimates for Ag Growth International in a research note issued to investors on Tuesday, January 14th. Atb Cap Markets analyst T. Monachello now expects 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 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 research firms have also recently issued reports on AFN. TD Securities decreased their price target on shares of Ag Growth International from C$73.00 to C$57.00 and set a “buy” rating on the stock in a research note on Tuesday. Royal Bank of Canada decreased their target price on shares of Ag Growth International from C$80.00 to C$75.00 in a research report on Thursday, November 7th. Raymond James cut their price target on Ag Growth International from C$62.00 to C$52.00 in a report on Tuesday. CIBC reduced their price target on Ag Growth International from C$72.00 to C$61.00 in a research note on Tuesday. Finally, ATB Capital downgraded 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 report on Tuesday. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$67.25.

Ag Growth International Trading Up 4.5 %

Ag Growth International stock opened at C$40.70 on Friday. The stock has a 50-day moving average price of C$51.01 and a 200 day moving average price of C$52.51. Ag Growth International has a 52 week low of C$38.62 and a 52 week high of C$64.51. The stock has a market cap of C$776.15 million, a PE ratio of 26.78, a P/E/G ratio of 1.30 and a beta of 2.29. The company has a current ratio of 1.49, a quick ratio of 0.84 and a debt-to-equity ratio of 298.35.

Ag Growth International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.47%. Ag Growth International’s dividend payout ratio (DPR) is currently 39.47%.

About Ag Growth International

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.