What is Cormark’s Forecast for TSE:AFN FY2026 Earnings?

Ag Growth International Inc. (TSE:AFN) – Analysts at Cormark decreased their FY2026 earnings per share estimates for shares of Ag Growth International in a research report issued on Monday, March 10th. Cormark analyst K. Mcphee now forecasts that the company will earn $6.04 per share for the year, down from their prior forecast of $6.06. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share.

Other equities research analysts have also issued reports about the company. Raymond James upgraded Ag Growth International from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from C$52.00 to C$47.00 in a research report on Friday, March 7th. National Bankshares decreased their price target on Ag Growth International from C$55.00 to C$51.00 and set an “outperform” rating on the stock in a research report on Friday, March 7th. TD Securities decreased their price target on Ag Growth International from C$48.00 to C$46.00 and set a “buy” rating on the stock in a research report on Tuesday. CIBC decreased their price objective on Ag Growth International from C$56.00 to C$48.00 and set an “outperform” rating on the stock in a research report on Friday, March 7th. Finally, Royal Bank of Canada decreased their price objective on Ag Growth International from C$45.00 to C$40.00 and set a “sector perform” rating on the stock in a research report on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Ag Growth International presently has an average rating of “Moderate Buy” and an average price target of C$50.25.

Ag Growth International Stock Up 0.4 %

TSE AFN opened at C$36.79 on Wednesday. The firm has a market cap of C$703.16 million, a PE ratio of 29.37, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29. Ag Growth International has a one year low of C$31.60 and a one year high of C$64.43. The stock’s 50 day simple moving average is C$39.85 and its 200 day simple moving average is C$48.09. The company has a debt-to-equity ratio of 277.31, a current ratio of 1.41 and a quick ratio of 0.84.

Insider Buying and Selling

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

Ag Growth International Dividend Announcement

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

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.