Ag Growth International Stock Today

AFN Stock  CAD 62.13  0.71  1.16%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Ag Growth is selling at 62.13 as of the 28th of March 2024; that is 1.16% increase since the beginning of the trading day. The stock's open price was 61.42. Ag Growth has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Ag Growth International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
Ag Growth International Inc., together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. Ag Growth International Inc. was founded in 1996 and is based in Winnipeg, Canada. The company has 19.01 M outstanding shares of which 1.69 M shares are presently shorted by private and institutional investors with about 55.2 days to cover all short positions. More on Ag Growth International

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AFN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ag Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ag Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOTimothy Close
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Farm & Heavy Construction Machinery, Industrials, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors)
Ag Growth's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ag Growth's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ag Growth's financial leverage. It provides some insight into what part of Ag Growth's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ag Growth's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ag Growth deploys its capital and how much of that capital is borrowed.
Liquidity
Ag Growth cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 171.8 M in total debt with debt to equity ratio (D/E) of 2.73, implying the company greatly relies on financing operations through barrowing. Ag Growth International has a current ratio of 1.69, which is within standard range for the sector. Debt can assist Ag Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Ag Growth's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ag Growth International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AFN to invest in growth at high rates of return. When we think about Ag Growth's use of debt, we should always consider it together with cash and equity.

Depreciation

66.51 Million
Ag Growth International (AFN) is traded on Toronto Exchange in Canada and employs 27 people. Ag Growth is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ag Growth's market, we take the total number of its shares issued and multiply it by Ag Growth's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ag Growth International operates under Machinery sector and is part of Industrials industry. The entity has 19.01 M outstanding shares of which 1.69 M shares are presently shorted by private and institutional investors with about 55.2 days to cover all short positions. Ag Growth International has accumulated about 59.64 M in cash with 105.63 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22.
Check Ag Growth Probability Of Bankruptcy
Ownership Allocation
Ag Growth International secures a total of 19.01 Million outstanding shares. Roughly 71.0 % of Ag Growth outstanding shares are held by general public with 1.107999999999999 percent owned by insiders and only 27.8 (percent) by institutions. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AFN Ownership Details

AFN Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Ag Growth jumping above the current price in 90 days from now is about 9.54%. The Ag Growth International probability density function shows the probability of Ag Growth stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ag Growth International has a beta of -0.1538. This suggests as returns on benchmark increase, returns on holding Ag Growth are expected to decrease at a much lower rate. During the bear market, however, Ag Growth International is likely to outperform the market. Additionally, ag Growth International has an alpha of 0.3058, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 62.13HorizonTargetOdds Above 62.13
90.38%90 days
 62.13 
9.54%
Based on a normal probability distribution, the odds of Ag Growth to move above the current price in 90 days from now is about 9.54 (This Ag Growth International probability density function shows the probability of AFN Stock to fall within a particular range of prices over 90 days) .

Ag Growth Historical Income Statement

Ag Growth International Income Statement is one of the three primary financial statements used for reporting AFN's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ag Growth International revenue and expense. Ag Growth Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ag Growth's Operating Income is very stable compared to the past year. As of the 28th of March 2024, EBIT is likely to grow to about 158.8 M, while Research Development is likely to drop about 1.1 M. View More Fundamentals

AFN Stock Against Markets

Picking the right benchmark for Ag Growth stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ag Growth stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ag Growth is critical whether you are bullish or bearish towards Ag Growth International at a given time. Please also check how Ag Growth's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ag Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Ag Growth Corporate Directors

Ag Growth corporate directors refer to members of an Ag Growth board of directors. The board of directors generally takes responsibility for the Ag Growth's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ag Growth's board members must vote for the resolution. The Ag Growth board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David WhiteIndependent DirectorProfile
Gary AndersonIndependent DirectorProfile
William MaslechkoIndependent DirectorProfile
Janet GiesselmanIndependent DirectorProfile

How to buy AFN Stock?

Before investing in Ag Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ag Growth. To buy Ag Growth stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ag Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ag Growth stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ag Growth International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ag Growth International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ag Growth International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Ag Growth International?

The danger of trading Ag Growth International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ag Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ag Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ag Growth International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ag Growth International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Ag Growth's price analysis, check to measure Ag Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ag Growth is operating at the current time. Most of Ag Growth's value examination focuses on studying past and present price action to predict the probability of Ag Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ag Growth's price. Additionally, you may evaluate how the addition of Ag Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ag Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ag Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ag Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.