Adecoagro S.A. (NYSE: AGRO) is 4.14% higher on its value in year-to-date trading and has touched a low of $8.72 and a high of $12.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AGRO stock was last observed hovering at around $11.29 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $11.56, the stock is 19.39% and 20.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing 2.39% at the moment leaves the stock 11.35% off its SMA200. AGRO registered 21.05% gain for a year compared to 6-month gain of 20.04%.
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The stock witnessed a 19.30% loss in the last 1 month and extending the period to 3 months gives it a 6.35%, and is 21.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.62% over the week and 3.29% over the month.
Adecoagro S.A. (AGRO) has around 9762 employees, a market worth around $1.20B and $1.25B in sales. Current P/E ratio is 5.73 and Fwd P/E is 8.86. Profit margin for the company is 17.28%. Distance from 52-week low is 32.57% and -7.59% from its 52-week high. The company has generated returns on investments over the last 12 months (9.24%).
Adecoagro S.A. quarterly earnings per share for the current quarter are estimated at 0.0.The EPS is expected to grow by 5.06% this year, but quarterly earnings will post 5.40% year-over-year.
The shares outstanding are 106.01M, and float is at 104.14M with Short Float at 1.42%.
The top institutional shareholder in the company is ROUTE ONE INVESTMENT COMPANY, L.P. with over 11.61 million shares valued at $$127.98 million. The investor’s holdings represent 10.8312 of the AGRO Shares outstanding. As of 2024-03-31, the second largest holder is JENNISON ASSOCIATES LLC with 5.93 million shares valued at $$65.38 million to account for 5.5333 of the shares outstanding. The other top investors are PGGM INVESTMENTS which holds 4.5 million shares representing 4.1971 and valued at over $$49.59 million, while HELIKON INVESTMENTS LTD holds 2.3568 of the shares totaling 2.53 million with a market value of $$27.85 million.
