Adecoagro S.A. operates as an agro-industrial company in South America. It engages in farming crops and other agricultural products, dairy operations, and land transformation activities, as well as in sugar, ethanol, and energy production activities. The company is involved in the planting, harvesting, and sale of grains and oilseeds, as well as wheat, corn, soybeans, peanut, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties. It also plants, harvests, processes, and markets rice; and produces and sells raw milk, UHT, cheese, powder milk, and others. In addition, the company engages in the cultivating, processing, and transforming of sugarcane into ethanol and sugar; and sale of electricity co-generated at its sugar and ethanol mills to the grid. Further, it is involved in the identification and acquisition of underdeveloped and undermanaged farmland, and realization of value through the strategic disposition of assets. As of December 31, 2020, the company owned a total of 220,186 hectares, including 18 farms in Argentina, 8 farms in Brazil, and 1 farm in Uruguay, as well as had a total of 241 megawatts of installed cogeneration capacity. Adecoagro S.A. was founded in 2002 and is based in Luxembourg, Luxembourg.
IPO Year: 2011
Exchange: NYSE
Website: adecoagro.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/14/2024 | $12.00 | Neutral | UBS |
9/17/2024 | $14.50 → $12.50 | Overweight → Equal-Weight | Morgan Stanley |
7/1/2024 | $10.50 → $11.50 | Underweight → Neutral | JP Morgan |
12/8/2023 | Neutral → Underweight | JP Morgan | |
12/5/2023 | Neutral → Buy | BofA Securities | |
10/2/2023 | $12.00 | Outperform → Market Perform | Itau BBA |
9/6/2023 | $9.00 → $12.50 | Underperform → Neutral | BofA Securities |
8/14/2023 | Equal-Weight → Overweight | Morgan Stanley | |
7/17/2023 | $9.00 → $13.00 | Underweight → Equal-Weight | Morgan Stanley |
2/8/2023 | $10.00 → $9.00 | Equal-Weight → Underweight | Morgan Stanley |
LUXEMBOURG, Nov. 13, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K)), a leading sustainable production company in South America, announced today its results for the third quarter ended September 30, 2024. The financial information contained in this press release is based on consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 23 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were up 17.7% and 6.3% year-over-ye
LUXEMBOURG, Nov. 1, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1740 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on November 12, 2024, and payable on November 27, 2024.This dividend distribution is the second of a two-tranche cash dividend payable in two installments. The first installment was paid on May 29, 2024, in an equal cash amount, resulting in an annual cash dividend of $35 million. About Adecoagro:Adecoagro is a leading sust
LUXEMBOURG, Aug. 12, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the second quarter ended June 30, 2024. The financial information contained in this press release is based on consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 23 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were down 2.3% and 0.5% year-over-year
LUXEMBOURG, Aug. 2, 2024 /PRNewswire/ -- Adecoagro S.A. (the "Issuer") announces the early results of its previously announced tender offer (the "Tender Offer") to purchase for cash up to US$100.0 million in aggregate principal amount (subject to increase or decrease by the Issuer, in its sole discretion, the "Maximum Tender Amount") of its 6.000% senior notes due 2027 (the "Notes"). The Tender Offer is being made upon the terms and subject to the conditions set forth in an offer to purchase, dated July 22, 2024 (the "Offer to Purchase"). Any capitalized term used but not defined in this press release has the respective meaning set forth in the Offer to Purchase. The following table sets fo
LUXEMBOURG, July 22, 2024 /PRNewswire/ -- Adecoagro S.A., a joint stock corporation (société anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg, with registered office at 28, Boulevard F.W. Raiffeisen, L-2411 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Trade and Companies (the Luxembourg Registre de Commerce et des Sociétés) under number B153681 (the "Issuer"), announces that it has commenced a cash tender offer (the "Tender Offer") for cash up to US$100.0 million in aggregate principal amount (subject to increase or decrease by the Issuer, in its sole discretion, the "Maximum Tender Amount") of its 6.000% senior notes
LUXEMBOURG, May 16, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the first quarter ended March 31, 2024. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 22 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were 2.6% higher in 1Q24 due to (i) more sugarc
LUXEMBOURG, May 3, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1682 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on May 14, 2024, and payable on May 29, 2024. This dividend distribution is the first of a two-tranche cash dividend payable in two installments. The second installment shall be payable on or about November 2024 in an equal cash amount. For questions please contact:Victoria CabelloIR OfficerEmail: [email protected] About Ad
LUXEMBOURG, April 26, 2024 /PRNewswire/ -- Adecoagro S.A. (the "Company") (NYSE:AGRO), a leading sustainable production company in South America, hereby announces the filing of its Form 20-F for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission (the "SEC"). The Company's Form 20-F can be accessed by visiting either the SEC's website at www.sec.gov or the "Investors" section of the Company's website at www.adecoagro.com. In addition, shareholders may receive a hard copy of the Company's audited financial statements, or its complete 2023 Form 20-F including audited financial statements, free of charge, by requesting a copy from the investor relations team. F
LUXEMBOURG, March 14, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the fourth quarter ended December 31, 2023. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 27 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: All-time records in Gross sales, Adjusted EBITDA, Adj
LUXEMBOURG, Nov. 13, 2023 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the third quarter ended September 30, 2023. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 26 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were 1.6% higher in 3Q23 and 7.5% higher i
LUXEMBOURG, Feb. 9, 2023 /PRNewswire/ -- Adecoagro S.A. (the "Company") (NYSE:AGRO), a leading sustainable production company in South America, announced the appointment of Emilio Federico Gnecco as Chief Financial Officer of the Company. Mr. Gnecco's appointment became effective as of February 8, 2023, and he succeeds Mr. Carlos Alberto Boero Hughes, who has decided to take on new personal and professional endeavors. Mr. Gnecco has held the position of Chief Legal Officer of the Company since 2005. In that capacity, he has been responsible for the Company's corporate legal matters and compliance and overseeing the Company's financing structures. Earlier in his career, he worked as a corpor
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6-K - Adecoagro S.A. (0001499505) (Filer)
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6-K - Adecoagro S.A. (0001499505) (Filer)
LUXEMBOURG, Nov. 13, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K)), a leading sustainable production company in South America, announced today its results for the third quarter ended September 30, 2024. The financial information contained in this press release is based on consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 23 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were up 17.7% and 6.3% year-over-ye
LUXEMBOURG, Nov. 1, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1740 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on November 12, 2024, and payable on November 27, 2024.This dividend distribution is the second of a two-tranche cash dividend payable in two installments. The first installment was paid on May 29, 2024, in an equal cash amount, resulting in an annual cash dividend of $35 million. About Adecoagro:Adecoagro is a leading sust
LUXEMBOURG, Aug. 12, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the second quarter ended June 30, 2024. The financial information contained in this press release is based on consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 23 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were down 2.3% and 0.5% year-over-year
LUXEMBOURG, May 16, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the first quarter ended March 31, 2024. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 22 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were 2.6% higher in 1Q24 due to (i) more sugarc
LUXEMBOURG, May 3, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1682 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on May 14, 2024, and payable on May 29, 2024. This dividend distribution is the first of a two-tranche cash dividend payable in two installments. The second installment shall be payable on or about November 2024 in an equal cash amount. For questions please contact:Victoria CabelloIR OfficerEmail: [email protected] About Ad
LUXEMBOURG, March 14, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the fourth quarter ended December 31, 2023. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 27 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: All-time records in Gross sales, Adjusted EBITDA, Adj
LUXEMBOURG, Nov. 13, 2023 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the third quarter ended September 30, 2023. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 26 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were 1.6% higher in 3Q23 and 7.5% higher i
LUXEMBOURG, Aug. 17, 2023 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the second quarter ended June 30, 2023. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 25 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were 6.5% higher in 2Q23 and 11.3% higher in 6M
LUXEMBOURG, April 27, 2023 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.16260252 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on May 9, 2023, and payable on May 24, 2023. This dividend distribution is the first of a two-tranche cash dividend payable in two installments. The second installment shall be payable on or about November 2023 in an equal cash amount. A Luxembourg withholding tax of 15% will be applied to the gross cash dividend distr
LUXEMBOURG, March 9, 2023 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the fourth quarter ended December 31, 2022. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 35 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Adjusted Free Cash Flow from Operations (also referred
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JP Morgan analyst Lucas Ferreira upgrades Adecoagro (NYSE:AGRO) from Underweight to Neutral and raises the price target from $10.5 to $11.5.
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Molson Coors Beverage Company (NYSE:TAP) On May 22, Molson Coors Beverage Company announced the pricing of its public of
Adecoagro (NYSE:AGRO) reported quarterly earnings of $0.22 per share. The company reported quarterly sales of $253.799 million which beat the analyst consensus estimate of $245.000 million by 3.59 percent. This is a 3.50 percent increase over sales of $245.213 million the same period last year.
Adecoagro (NYSE:AGRO) reported quarterly losses of $(0.15) per share. This is a 188.24 percent decrease over earnings of $0.17 per share from the same period last year. The company reported $400.14 million in sales this quarter. This is a 7.21 percent increase over sales of $373.24 million the same period last year.
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The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the consumer defensive sector: S&W Seed (NASDAQ:SANW) - P/E: 1.67 Perdoceo Education (NASDAQ:PRDO) - P/E: 8.15 Vector Group (NYSE:VGR) - P/E: 9.62 Altria Group (NYSE:MO) - P/E: 8.95 Adecoagro (NYSE:AGRO) - P/E: 7.34 S&W Seed saw a decrease in earnings per share from -0.11 in Q1 to $-0.13 now. Perdoceo Education has reported Q4 earnings
What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the consumer defensive sector: Herbalife (NYSE:HLF) - P/E: 5.65 Adecoagro (NYSE:AGRO) - P/E: 7.1 Ingles Markets (NASDAQ:IMKTA) - P/E: 7.9 Vector Group (NYSE:VGR) - P/E: 9.73 S&W Seed (NASDAQ:SANW) - P/E: 1.63 This quarter, Herbalife experienced a decrease in earnings per share, which was $0.65 in Q3 and is now $0.28. Its most recent dividen
What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the consumer defensive sector: Adecoagro (NYSE:AGRO) - P/E: 7.15 Archer-Daniels Midland (NYSE:ADM) - P/E: 7.33 iHuman (NYSE:IH) - P/E: 4.84 Bunge Global (NYSE:BG) - P/E: 6.7 Seneca Foods (NASDAQ:SENEB) - P/E: 6.68 Adecoagro has reported Q3 earnings per share at $0.83, which has increased by 107.5% compared to Q2, which was 0.4. Its most recent dividend yield is at 3.9
What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the consumer defensive sector: Sunlands Technology (NYSE:STG) - P/E: 1.48 Perdoceo Education (NASDAQ:PRDO) - P/E: 8.24 Bunge Global (NYSE:BG) - P/E: 7.87 iHuman (NYSE:IH) - P/E: 6.57 Adecoagro (NYSE:AGRO) - P/E: 8.09 Sunlands Technology's earnings per share for Q3 sits at $1.31, whereas in Q2, they were at 1.73. Perdoceo Education's earnings per share for Q3 sits at $
UBS initiated coverage of Adecoagro S.A. with a rating of Neutral and set a new price target of $12.00
Morgan Stanley downgraded Adecoagro S.A. from Overweight to Equal-Weight and set a new price target of $12.50 from $14.50 previously
JP Morgan upgraded Adecoagro S.A. from Underweight to Neutral and set a new price target of $11.50 from $10.50 previously
JP Morgan downgraded Adecoagro S.A. from Neutral to Underweight
BofA Securities upgraded Adecoagro S.A. from Neutral to Buy
Itau BBA downgraded Adecoagro S.A. from Outperform to Market Perform and set a new price target of $12.00
BofA Securities upgraded Adecoagro S.A. from Underperform to Neutral and set a new price target of $12.50 from $9.00 previously
Morgan Stanley upgraded Adecoagro S.A. from Equal-Weight to Overweight
Morgan Stanley upgraded Adecoagro S.A. from Underweight to Equal-Weight and set a new price target of $13.00 from $9.00 previously
Morgan Stanley downgraded Adecoagro S.A. from Equal-Weight to Underweight and set a new price target of $9.00 from $10.00 previously