Adecoagro S.A. (NYSE:AGRO) Receives Consensus Rating of “Strong Sell” from Analysts

Adecoagro S.A. (NYSE:AGRO) has earned an average recommendation of “Strong Sell” from the five analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation and one has issued a hold recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $8.8250.

A number of equities research analysts have weighed in on the company. Wall Street Zen lowered Adecoagro from a “hold” rating to a “sell” rating in a report on Sunday, November 23rd. UBS Group reduced their price target on Adecoagro from $8.50 to $8.00 and set a “neutral” rating for the company in a report on Tuesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Adecoagro in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. began coverage on Adecoagro in a research report on Monday, December 1st. They issued an “underweight” rating and a $7.00 price objective for the company.

Adecoagro Stock Performance

NYSE:AGRO opened at $8.25 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.80 and a quick ratio of 1.56. The firm has a market cap of $824.42 million, a price-to-earnings ratio of 35.85 and a beta of 0.44. The firm’s fifty day moving average price is $7.90 and its 200 day moving average price is $8.60. Adecoagro has a 1-year low of $7.42 and a 1-year high of $11.78.

Adecoagro (NYSE:AGRO) last released its earnings results on Monday, December 1st. The company reported $0.00 EPS for the quarter. The company had revenue of $304.21 million during the quarter. Adecoagro had a net margin of 1.67% and a return on equity of 3.09%. On average, sell-side analysts expect that Adecoagro will post 1.24 EPS for the current year.

Adecoagro Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 19th. Investors of record on Monday, November 3rd were paid a $0.1749 dividend. The ex-dividend date was Monday, November 3rd. This represents a dividend yield of 444.0%. Adecoagro’s dividend payout ratio (DPR) is 152.17%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new stake in shares of Adecoagro during the 1st quarter valued at approximately $320,000. R Squared Ltd raised its holdings in Adecoagro by 103.0% during the first quarter. R Squared Ltd now owns 15,128 shares of the company’s stock worth $169,000 after purchasing an additional 7,676 shares during the last quarter. Helikon Investments Ltd raised its holdings in Adecoagro by 72.5% during the first quarter. Helikon Investments Ltd now owns 12,037,204 shares of the company’s stock worth $134,456,000 after purchasing an additional 5,060,347 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Adecoagro by 1.7% during the first quarter. Russell Investments Group Ltd. now owns 108,843 shares of the company’s stock worth $1,216,000 after purchasing an additional 1,823 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in Adecoagro during the first quarter worth $419,000. 45.25% of the stock is owned by hedge funds and other institutional investors.

Adecoagro Company Profile

Adecoagro SA operates as an agro-industrial company in South America. The company mainly operates through three segments: Farming; Sugar, Ethanol and Energy; and Land Transformation. It engages in farming crops, rice and other agricultural products, dairy operations, and land transformation activities, as well as sugar, ethanol, and energy production activities.