Analysts expect Adecoagro S.A. (NYSE:AGRO) to report earnings of $0.16 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Adecoagro’s earnings. Adecoagro reported earnings of ($0.15) per share in the same quarter last year, which indicates a positive year over year growth rate of 206.7%. The firm is scheduled to report its next earnings report on Thursday, August 10th.

According to Zacks, analysts expect that Adecoagro will report full year earnings of $0.79 per share for the current year. For the next financial year, analysts anticipate that the company will post earnings of $0.95 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Adecoagro.

Adecoagro (NYSE:AGRO) last released its quarterly earnings data on Monday, May 15th. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.17. Adecoagro had a net margin of 0.61% and a return on equity of 0.83%. The firm had revenue of $166.09 million during the quarter.

A number of analysts have recently commented on AGRO shares. Zacks Investment Research upgraded shares of Adecoagro from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Friday, April 14th. ValuEngine lowered shares of Adecoagro from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub lowered shares of Adecoagro from a “hold” rating to a “sell” rating in a research note on Saturday, June 17th.

Several institutional investors have recently bought and sold shares of the company. Ramsey Quantitative Systems acquired a new position in Adecoagro during the second quarter worth about $266,000. California Public Employees Retirement System increased its position in Adecoagro by 116.4% in the second quarter. California Public Employees Retirement System now owns 38,300 shares of the company’s stock worth $383,000 after buying an additional 20,600 shares during the last quarter. FMR LLC increased its position in Adecoagro by 13.8% in the second quarter. FMR LLC now owns 82,600 shares of the company’s stock worth $825,000 after buying an additional 10,000 shares during the last quarter. Vanguard Group Inc. increased its position in Adecoagro by 46.5% in the second quarter. Vanguard Group Inc. now owns 21,113 shares of the company’s stock worth $211,000 after buying an additional 6,700 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in Adecoagro by 8.8% in the second quarter. New York State Common Retirement Fund now owns 143,902 shares of the company’s stock worth $1,438,000 after buying an additional 11,681 shares during the last quarter. 57.45% of the stock is currently owned by institutional investors.

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Adecoagro (NYSE:AGRO) traded down 0.40% during mid-day trading on Friday, hitting $9.93. 572,068 shares of the company were exchanged. The company’s 50-day moving average is $10.01 and its 200 day moving average is $11.11. Adecoagro has a 12-month low of $9.38 and a 12-month high of $13.29. The company has a market capitalization of $1.20 billion, a P/E ratio of 206.88 and a beta of 1.09.

Adecoagro Company Profile

Adecoagro SA is a holding company. The Company is involved in a range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production and land transformation. The Company is organized into three main lines of business: farming; land transformation, and sugar, ethanol and energy.

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