Adecoagro S.A. (NYSE: AGRO) is 1.08% 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 $11.19 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $11.22, the stock is -0.51% and 1.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 0.27% at the moment leaves the stock 7.75% off its SMA200. AGRO registered 2.00% gain for a year compared to 6-month gain of 5.35%. The firm has a 50-day simple moving average (SMA 50) of $11.058 and a 200-day simple moving average (SMA200) of $10.41245.
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The stock witnessed a 0.27% loss in the last 1 month and extending the period to 3 months gives it a 18.48%, and is 1.81% 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 2.31% over the week and 2.71% over the month.
Adecoagro S.A. (AGRO) has around 9762 employees, a market worth around $1.17B and $1.25B in sales. Current P/E ratio is 5.56 and Fwd P/E is 8.15. Profit margin for the company is 17.28%. Distance from 52-week low is 28.67% and -10.31% from its 52-week high. The company has generated returns on investments over the last 12 months (9.24%).
The EPS is expected to grow by 12.74% this year
The shares outstanding are 106.01M, and float is at 89.09M with Short Float at 1.67%.
The top institutional shareholder in the company is ROUTE ONE INVESTMENT COMPANY, L.P. with over 10.08 million shares valued at $98.04 million. The investor’s holdings represent 9.6114 of the AGRO Shares outstanding. As of 2024-06-30, the second largest holder is JENNISON ASSOCIATES LLC with 6.25 million shares valued at $60.85 million to account for 5.9656 of the shares outstanding. The other top investors are PGGM INVESTMENTS which holds 4.5 million shares representing 4.2923 and valued at over $43.78 million, while HERR INVESTMENT GROUP LLC holds 2.5273 of the shares totaling 2.65 million with a market value of $25.78 million.
