Research Analysts Issue Forecasts for TSE:AFN Q2 Earnings

Ag Growth International Inc. (TSE:AFN) – Stock analysts at Raymond James raised their Q2 2025 earnings estimates for shares of Ag Growth International in a research note issued on Wednesday, May 7th. Raymond James analyst S. Hansen now expects that the company will earn $0.64 per share for the quarter, up from their prior estimate of $0.59. Raymond James has a “Outperform” rating and a $47.00 price objective on the stock. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share. Raymond James also issued estimates for Ag Growth International’s FY2025 earnings at $3.60 EPS and FY2026 earnings at $4.20 EPS.

Other research analysts have also issued reports about the stock. National Bankshares increased their price objective on shares of Ag Growth International from C$49.00 to C$51.00 and gave the stock an “outperform” rating in a report on Wednesday, May 7th. CIBC cut their price objective on shares of Ag Growth International from C$52.00 to C$49.00 and set an “outperform” rating on the stock in a report on Wednesday, May 7th. TD Securities raised their price target on shares of Ag Growth International from C$46.00 to C$48.00 and gave the company a “buy” rating in a report on Wednesday, May 7th. ATB Capital cut their price target on shares of Ag Growth International from C$46.00 to C$43.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 7th. Finally, Royal Bank of Canada upgraded shares of Ag Growth International from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$40.00 to C$50.00 in a report on Thursday, May 8th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$47.86.

Ag Growth International Trading Down 0.3%

Shares of AFN stock opened at C$39.11 on Monday. The firm has a market cap of C$747.50 million, a P/E ratio of 31.23, a PEG ratio of 1.30 and a beta of 2.29. Ag Growth International has a 1-year low of C$30.81 and a 1-year high of C$58.14. 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 firm’s 50-day simple moving average is C$34.37 and its 200-day simple moving average is C$41.98.

Insider Activity at Ag Growth International

In other news, Director Anne De Greef-Safft acquired 2,000 shares of the stock in a transaction on Wednesday, March 12th. The stock was bought at an average price of C$36.99 per share, with a total value of C$73,985.00. Also, Senior Officer Paul David Householder acquired 4,000 shares of the stock in a transaction on Friday, March 7th. The stock was purchased at an average cost of C$36.01 per share, with a total value of C$144,040.00. Over the last quarter, insiders have acquired 12,000 shares of company stock worth $436,101. Company insiders own 1.06% of the company’s stock.

Ag Growth International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a $0.15 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.60 annualized dividend and a yield of 1.53%. Ag Growth International’s payout ratio is 47.90%.

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.