FY2026 Earnings Estimate for TSE:AFN Issued By Desjardins

Ag Growth International Inc. (TSE:AFN) – Research analysts at Desjardins reduced their FY2026 earnings per share (EPS) estimates for Ag Growth International in a report issued on Thursday, March 6th. Desjardins analyst G. Ho now anticipates that the company will post earnings of $4.43 per share for the year, down from their prior forecast of $4.78. Desjardins has a “Buy” rating and a $49.00 price objective on the stock. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share.

A number of other analysts have also recently issued reports on AFN. Raymond James upgraded shares of Ag Growth International from a “market perform” rating to an “outperform” rating and reduced their target price for the company from C$52.00 to C$47.00 in a research note on Friday, March 7th. ATB Capital reduced their price objective on shares of Ag Growth International from C$57.00 to C$46.00 and set a “sector perform” rating for the company in a research note on Friday, March 7th. Atb Cap Markets cut shares of Ag Growth International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 14th. CIBC cut their target price on Ag Growth International from C$56.00 to C$48.00 and set an “outperform” rating on the stock in a report on Friday, March 7th. Finally, National Bankshares decreased their price target on Ag Growth International from C$55.00 to C$51.00 and set an “outperform” rating for the company in a research note on Friday, March 7th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Ag Growth International has a consensus rating of “Moderate Buy” and a consensus target price of C$50.25.

Ag Growth International Stock Up 0.4 %

Shares of Ag Growth International stock opened at C$36.79 on Monday. The stock has a 50-day simple moving average of C$39.85 and a 200-day simple moving average of C$48.09. Ag Growth International has a 52-week low of C$31.60 and a 52-week high of C$64.43. The firm has a market cap of C$703.16 million, a price-to-earnings ratio of 29.37, a P/E/G ratio of 1.30 and a beta of 2.29. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84.

Ag Growth International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were paid a $0.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.63%. Ag Growth International’s payout ratio is presently 47.90%.

Insider Buying and Selling

In related news, Director Janet Giesselman bought 6,000 shares of Ag Growth International stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average price of C$36.35 per share, for a total transaction of C$218,076.00. Also, Senior Officer Paul David Householder acquired 4,000 shares of Ag Growth International stock in a transaction on Friday, March 7th. The stock was purchased at an average price of C$36.01 per share, with a total value of C$144,040.00. 1.06% of the stock is owned by insiders.

About Ag Growth International

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.