Desjardins Has Bearish Estimate for TSE:AFN FY2026 Earnings

Ag Growth International Inc. (TSE:AFN) – Investment analysts at Desjardins cut their FY2026 earnings per share estimates for Ag Growth International in a research note issued on Thursday, March 6th. Desjardins analyst G. Ho now expects that the company will earn $4.43 per share for the year, down from their prior estimate of $4.78. Desjardins has a “Buy” rating and a $49.00 price objective on the stock. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share.

AFN has been the subject of several other reports. TD Securities reduced their price target on Ag Growth International from C$57.00 to C$48.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. National Bankshares dropped their target price on Ag Growth International from C$55.00 to C$51.00 and set an “outperform” rating on the stock in a research report on Friday. Royal Bank of Canada lowered their price objective on Ag Growth International from C$45.00 to C$40.00 and set a “sector perform” rating on the stock in a research report on Friday. Atb Cap Markets cut Ag Growth International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, ATB Capital decreased their target price on Ag Growth International from C$57.00 to C$46.00 and set a “sector perform” rating on the stock in a research note on Friday. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Ag Growth International currently has a consensus rating of “Moderate Buy” and an average price target of C$50.50.

Ag Growth International Price Performance

Shares of TSE:AFN opened at C$36.20 on Monday. Ag Growth International has a 1-year low of C$31.60 and a 1-year high of C$64.43. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84. The business has a fifty day moving average price of C$40.41 and a 200-day moving average price of C$48.35. The company has a market capitalization of C$691.88 million, a PE ratio of 28.90, a PEG ratio of 1.30 and a beta of 2.29.

Insider Activity at Ag Growth International

In other news, Director Janet Giesselman purchased 6,000 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of C$36.35 per share, with a total value of C$218,076.00. Also, Senior Officer Paul David Householder purchased 4,000 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were purchased at an average cost of C$36.01 per share, for a total transaction of C$144,040.00. 1.06% of the stock is currently owned by insiders.

Ag Growth International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 1.66%. Ag Growth International’s payout ratio is presently 47.90%.

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.