Your email has been successfully added to our mailing list.

×
5.67086310535948E-05 0.00022683452421454 0.000793920834751133 0.00113417262107302 0.00215492798003854 0.001928093455824 0.00555744584325745 0.00691845298854485
Stock impact report

USDA Projects Farm Income to Dip 4% for 2024: How to Play the DE Stock? [Yahoo! Finance]

AGCO Corporation (AGCO) 
Last agco corporation earnings: 2/6 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.agcocorp.com
Company Research Source: Yahoo! Finance
The U.S. Department of Agriculture's (USDA) report released on Sept. 5 suggests that while farm income will decline in 2024, it will be less severe than previously expected. USDA expects production costs to be favorable for farmers this year. Deere's shares dipped 2% on Sept. 5, following USDA's revised outlook, and have lost 1.2% since. Year to date, DE shares have lost 3.1% compared with the industry's 6.6% decline. Image Source: Zacks Investment Research The key question is whether it is the right time to invest in Deere. Let us delve deeper into the headwinds the company has been facing and find out potential drivers. Weak Demand Hurt DE's Performance Deere, the renowned manufacturer of iconic green and yellow agricultural equipment, reported year-over-year declines in revenues and earnings in the first three quarters of fiscal 2024. The dismal performance was attributed to lower shipment volumes across all segments due to weak demand. This was somewhat negated by gains Show less Read more
Impact Snapshot
Event Time:
AGCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
AGCO alerts

from News Quantified
Opt-in for
AGCO alerts

from News Quantified