Adecoagro S.A (NYSE: AGRO) is -3.50% lower on its value in year-to-date trading and has touched a low of $8.72 and a high of $12.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AGRO stock was last observed hovering at around $9.43 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $9.10, the stock is -16.95% and -16.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.84 million and changing -3.50% at the moment leaves the stock -14.32% off its SMA200. AGRO registered -17.05% loss for a year compared to 6-month loss of -22.09%. The firm has a 50-day simple moving average (SMA 50) of $10.8962 and a 200-day simple moving average (SMA200) of $10.62135.
The stock witnessed a -19.89% gain in the last 1 month and extending the period to 3 months gives it a -3.40%, and is -21.48% down 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 6.25% over the week and 3.71% over the month.
Current P/E ratio is 10.16 and Fwd P/E is 9.38. Profit margin for the company is 6.36%. Distance from 52-week low is 4.36% and -24.64% from its 52-week high. The company has generated returns on investments over the last 12 months (3.95%).
with sales reaching $330.38M over the same period.The EPS is expected to shrink by -17.91% this year, but quarterly earnings will post -1.41% year-over-year. Quarterly sales are estimated to grow 30.17% in year-over-year returns.
Adecoagro S.A (AGRO) Top Institutional Holders
147.0 institutions hold shares in Adecoagro S.A (AGRO), with institutional investors hold 72.96% of the company’s shares. The shares outstanding are 100.05M, and float is at 72.94M with Short Float at 0.38%. Institutions hold 52.54% of the Float.
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 9.9432% 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 6.1716 of the shares outstanding. The other top investors are PGGM INVESTMENTS which holds 4.5 million shares representing 4.4405% and valued at over $43.78 million, while HERR INVESTMENT GROUP LLC holds 2.6145 of the shares totaling 2.65 million with a market value of $25.78 million.
Adecoagro S.A (AGRO) Insider Activity
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