$0.18 Earnings Per Share Expected for Adecoagro SA (AGRO) This Quarter

Brokerages expect Adecoagro SA (NYSE:AGRO) to report earnings of $0.18 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Adecoagro’s earnings. Adecoagro reported earnings per share of $0.10 during the same quarter last year, which indicates a positive year-over-year growth rate of 80%. The company is scheduled to announce its next earnings report on Thursday, March 15th.

On average, analysts expect that Adecoagro will report full year earnings of $0.32 per share for the current year, with EPS estimates ranging from $0.23 to $0.40. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.51 per share, with EPS estimates ranging from $0.31 to $0.70. Zacks’ EPS averages are an average based on a survey of analysts that cover Adecoagro.

Adecoagro (NYSE:AGRO) last announced its quarterly earnings results on Monday, November 13th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.13). Adecoagro had a net margin of 1.78% and a return on equity of 2.58%. The company had revenue of $262.99 million for the quarter.

Several equities analysts recently issued reports on AGRO shares. BidaskClub upgraded shares of Adecoagro from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. TheStreet cut shares of Adecoagro from a “c” rating to a “d+” rating in a research report on Wednesday, November 15th.

Shares of Adecoagro (NYSE AGRO) traded down $0.16 during midday trading on Friday, hitting $10.35. 322,509 shares of the company traded hands, compared to its average volume of 493,582. Adecoagro has a one year low of $8.33 and a one year high of $13.29. The company has a debt-to-equity ratio of 1.34, a current ratio of 3.28 and a quick ratio of 2.40. The stock has a market capitalization of $1,250.00, a PE ratio of 73.93 and a beta of 1.03.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. GSA Capital Partners LLP increased its position in shares of Adecoagro by 238.9% during the third quarter. GSA Capital Partners LLP now owns 43,071 shares of the company’s stock valued at $465,000 after buying an additional 30,361 shares during the period. Cubist Systematic Strategies LLC grew its holdings in Adecoagro by 21.0% in the third quarter. Cubist Systematic Strategies LLC now owns 90,067 shares of the company’s stock worth $973,000 after purchasing an additional 15,661 shares during the period. Graticule Asia Macro Advisors LLC grew its holdings in Adecoagro by 20.5% in the third quarter. Graticule Asia Macro Advisors LLC now owns 330,040 shares of the company’s stock worth $3,564,000 after purchasing an additional 56,200 shares during the period. OxFORD Asset Management LLP purchased a new stake in Adecoagro in the third quarter worth about $2,159,000. Finally, Wells Fargo & Company MN grew its holdings in Adecoagro by 1,516.5% in the third quarter. Wells Fargo & Company MN now owns 13,045 shares of the company’s stock worth $141,000 after purchasing an additional 12,238 shares during the period. Institutional investors own 43.34% of the company’s stock.

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About Adecoagro

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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