What is Cormark’s Forecast for TSE:AFN FY2025 Earnings?

Ag Growth International Inc. (TSE:AFN) – Cormark reduced their FY2025 earnings per share (EPS) estimates for Ag Growth International in a note issued to investors on Monday, March 10th. Cormark analyst K. Mcphee now expects that the company will post earnings of $4.20 per share for the year, down from their prior forecast of $5.32. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share.

A number of other analysts have also weighed in on the company. TD Securities cut their price objective on Ag Growth International from C$48.00 to C$46.00 and set a “buy” rating on the stock in a research report on Tuesday. Desjardins cut their price objective on Ag Growth International from C$57.00 to C$49.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. National Bankshares cut their price objective 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, March 7th. Atb Cap Markets lowered Ag Growth International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, ATB Capital cut their price objective on Ag Growth International from C$57.00 to C$46.00 and set a “sector perform” rating on the stock in a research report on Friday, March 7th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$50.25.

Ag Growth International Stock Down 0.6 %

Shares of TSE AFN opened at C$36.58 on Thursday. Ag Growth International has a 52-week low of C$31.60 and a 52-week high of C$64.31. The business’s 50 day moving average is C$39.56 and its two-hundred day moving average is C$48.01. The company has a quick ratio of 0.84, a current ratio of 1.41 and a debt-to-equity ratio of 277.31. The firm has a market cap of C$699.14 million, a price-to-earnings ratio of 29.21, a PEG ratio of 1.30 and a beta of 2.29.

Ag Growth International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders 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 annualized dividend and a yield of 1.64%. Ag Growth International’s dividend payout ratio is presently 47.90%.

Insider Buying and Selling at Ag Growth International

In other Ag Growth International news, Senior Officer Paul David Householder bought 4,000 shares of the firm’s stock in a transaction dated Friday, March 7th. The stock was acquired at an average price of C$36.01 per share, for a total transaction of C$144,040.00. Also, Director Janet Giesselman bought 6,000 shares of the firm’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. Insiders purchased 12,000 shares of company stock worth $436,101 over the last 90 days. Corporate insiders own 1.06% of the company’s stock.

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.