Desjardins Has Negative Outlook of TSE:AFN FY2026 Earnings

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

AFN has been the subject of a number of other reports. National Bankshares reduced their price objective on shares of 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. CIBC cut their target price on shares of Ag Growth International from C$56.00 to C$48.00 and set an “outperform” rating for the company in a research report on Friday. Atb Cap Markets downgraded Ag Growth International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Royal Bank of Canada cut their price objective on Ag Growth International from C$45.00 to C$40.00 and set a “sector perform” rating for the company in a research report on Friday. Finally, Raymond James raised Ag Growth International from a “market perform” rating to an “outperform” rating and lowered their target price for the company from C$52.00 to C$47.00 in a report on Friday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$50.50.

Ag Growth International Price Performance

TSE AFN opened at C$36.63 on Monday. Ag Growth International has a fifty-two week low of C$31.60 and a fifty-two week high of C$64.43. The stock’s 50-day moving average is C$40.13 and its two-hundred day moving average is C$48.23. The firm has a market cap of C$700.10 million, a P/E ratio of 29.25, a price-to-earnings-growth 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend was Tuesday, December 31st. Ag Growth International’s dividend payout ratio is currently 47.90%.

Insider Buying and Selling at Ag Growth International

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

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.