Currently, there are 100.84M common shares owned by the public and among those 76.75M shares have been available to trade.
The company’s stock has a 5-day price change of 1.45% and -13.52% over the past three months. AGRO shares are trading 3.82% year to date (YTD), with the 12-month market performance up to 2.94% higher. It has a 12-month low price of $8.72 and touched a high of $12.07 over the same period. AGRO has an average intraday trading volume of 508.94K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.80%, -0.65%, and -5.77% respectively.
Institutional ownership of Adecoagro S.A (NYSE: AGRO) shares accounts for 60.29% of the company’s 100.84M shares outstanding.
It has a market capitalization of $1.02B and a beta (3y monthly) value of 0.99. The stock’s trailing 12-month PE ratio is 6.51, while the earnings-per-share (ttm) stands at $1.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.73% over the week and 2.42% over the month.
Earnings per share for the fiscal year are expected to decrease by -15.36%, and -14.05% over the next financial year.
Looking at the support for the AGRO, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on October 14, 2024, with the firm’s price target at $12. Morgan Stanley coverage for the Adecoagro S.A (AGRO) stock in a research note released on September 17, 2024 offered a Equal-Weight rating with a price target of $12.50. BofA Securities on their part issued Buy rating on December 05, 2023.
