AGCO Corp (NYSE:AGCO)
$ 118.04 0.76 (0.65%) Market Cap: 8.81 Bil Enterprise Value: 10.21 Bil PE Ratio: 7.99 PB Ratio: 1.85 GF Score: 92/100

AGCO Corp at Wells Fargo Industrials Conference Transcript

May 05, 2022 / 02:40PM GMT
Release Date Price: $130.83 (-3.80%)
Seth Robert Weber
Wells Fargo Securities, LLC, Research Division - Senior Equity Analyst

Okay. Great. I think we're going to get started. Thanks. Good morning, everybody. Seth Weber, Machinery Analyst with Wells Fargo. Very pleased this morning to have the team from AGCO joining us. We have Andy Beck, Chief Financial Officer, on the far right; and Greg Peterson, Vice President of Investor Relations, in the middle.

For those unfamiliar or less familiar with AGCO, the largest public pure-play farm equipment company. Historically, the company has kind of cobbled together with some acquisitions. But over the last few years, we feel like the story has really started to come together as a more kind of cohesive full-line operator, new products, higher margins, capturing market share. So we think there's a lot to the story here.

There's -- and obviously, there's a lot of debate right now around the farm economy broadly, what it means for equipment demand and sustainability of the cycle. So again, we think this is a pretty timely discussion.

So gentlemen, welcome, and thank you for

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot