Core Insights - Adecoagro S.A. has filed its Form 20-F for the fiscal year ended December 31, 2023, with the SEC [1] - The Form 20-F is accessible on the SEC's website and the company's website, and shareholders can request a hard copy of the audited financial statements [1] - Adecoagro is recognized as a leading sustainable production company in South America [2] Company Overview - Adecoagro owns 213.5 thousand hectares of farmland across Argentina, Brazil, and Uruguay [2] - The company produces over 2.8 million tons of agricultural products annually [2] - Adecoagro generates over 1 million MWh of renewable electricity [2]

Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED ON DECEMBER 31, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO ________________ OR ¨ SHELL COMPANY REPORT PURSUAN ...

Core Insights - The focus is on identifying undervalued companies through value investing strategies, utilizing metrics and fundamental analysis to find strong investment opportunities [1] Company Overview - Adecoagro (AGRO) is currently rated as a 1 (Strong Buy) by Zacks and holds a Value grade of A [2] - The stock has a P/E ratio of 7.27, significantly lower than the industry average of 12.44 [2] - AGRO's Forward P/E has fluctuated between 6.22 and 12.97 over the past year, with a median of 8.27 [2] Financial Metrics - AGRO has a P/CF ratio of 2.37, which is favorable compared to the industry's average P/CF of 7.87 [2] - The P/CF ratio for AGRO has ranged from 2.03 to 3.47 in the last 12 months, with a median of 2.75 [2] - These financial metrics indicate that AGRO is likely undervalued at present, supported by a strong earnings outlook [3]

The most recent trading session ended with Adecoagro (AGRO) standing at $11.14, reflecting no shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.2%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.Prior to today's trading, shares of the producer of agricultural products and renewable energy had gained 3.24% over the past month. This has outpaced the Consumer Staples sector's loss of 1.51% ...

Adecoagro (AGRO) closed the most recent trading day at $11.14, moving +1.09% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.87%. Meanwhile, the Dow experienced a rise of 0.67%, and the technology-dominated Nasdaq saw an increase of 1.11%.The the stock of producer of agricultural products and renewable energy has risen by 3.47% in the past month, leading the Consumer Staples sector's loss of 2.87% and the S&P 500's loss of 3.97%.The investment community ...

Core Viewpoint - Adecoagro (AGRO) shows potential for upside with a mean price target of $13.33, indicating a 25.2% upside from the current price of $10.65 [1] Price Target Analysis - The average price target consists of three estimates ranging from $10.50 to $15, with a standard deviation of $2.47, suggesting variability in analyst opinions [1] - The lowest estimate indicates a potential decline of 1.4%, while the highest suggests a 40.9% upside [1] Analyst Sentiment - Analysts have shown increasing optimism regarding AGRO's earnings prospects, with a positive trend in earnings estimate revisions [5] - The Zacks Consensus Estimate for the current year has increased by 4.7% due to one upward revision and no negative revisions in the last 30 days [5] Zacks Rank - AGRO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [6] - This rank serves as a strong indicator of the stock's potential upside in the near term [6] Caution on Price Targets - While price targets are often sought after, they can mislead investors, and reliance solely on them may not yield favorable returns [2][4] - A low standard deviation among price targets indicates a high degree of agreement among analysts, which can be a starting point for further research [4]

Company Overview - Adecoagro (AGRO) closed at $10.65, down 1.21% from the previous trading session, underperforming the S&P 500's gain of 0.03% [1] - Over the last month, AGRO's shares increased by 2.37%, outperforming the Consumer Staples sector's decline of 4.27% and the S&P 500's loss of 0.9% [1] Financial Performance - The upcoming financial results for Adecoagro are highly anticipated, with Zacks Consensus Estimates projecting earnings of $1.69 per share and revenue of $1.36 billion, reflecting year-over-year increases of 16.55% and 4.53% respectively [1] - There has been a 4.66% rise in the Zacks Consensus EPS estimate over the past month, indicating positive analyst sentiment [2] Analyst Ratings - Adecoagro currently holds a Zacks Rank of 1 (Strong Buy), which is based on recent positive estimate revisions that suggest analyst optimism regarding the company's business and profitability [2] - The Zacks Rank system has a strong historical performance, with 1 stocks delivering an average annual return of +25% since 1988 [2] Valuation Metrics - Adecoagro is trading at a Forward P/E ratio of 6.4, which is significantly lower than the industry's average Forward P/E of 21.23, indicating a potential undervaluation [3] - The Agriculture - Operations industry, part of the Consumer Staples sector, currently has a Zacks Industry Rank of 221, placing it in the bottom 13% of over 250 industries [3]

Company Performance - Adecoagro (AGRO) has gained approximately 5.2% year-to-date, outperforming the average loss of 0.3% in the Consumer Staples sector [2] - The Zacks Consensus Estimate for AGRO's full-year earnings has increased by 6.9% over the past quarter, indicating stronger analyst sentiment and an improving earnings outlook [2] - Adecoagro currently holds a Zacks Rank of 1 (Strong Buy), suggesting it has favorable characteristics to outperform the market in the near term [1] Industry Context - Adecoagro is part of the Agriculture - Operations industry, which consists of 16 companies and is currently ranked 236 in the Zacks Industry Rank, with an average loss of 2.2% this year [3] - In contrast, B&G Foods (BGS), another Consumer Staples stock, is part of the Food - Miscellaneous industry, which has gained 1.5% this year and is ranked 151 [3] - Investors in the Consumer Staples sector may find Adecoagro and B&G Foods noteworthy for their solid performance relative to their respective industries [3]

Core Viewpoint - Adecoagro (AGRO) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings potential and likely favorable impact on its stock price [1][2]. Earnings Estimates and Stock Price Correlation - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][4]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, influencing their buying and selling actions, which in turn affects stock prices [3]. Earnings Estimate Revisions for Adecoagro - For the fiscal year ending December 2024, Adecoagro is expected to earn $1.69 per share, reflecting a 16.6% increase from the previous year [5]. - Over the past three months, the Zacks Consensus Estimate for Adecoagro has risen by 6.9%, indicating a positive trend in earnings estimates [5]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4][6]. - Adecoagro's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for price appreciation in the near term [7].

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Dell Technologies Inc. (DELL) :  This servers, storage and PCs provider has seen the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.Weave Communications, Inc. (WEAV) : This customer experience and payments software platform provider has seen the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.Adecoagro S.A. (AGRO) : This agro-industrial company has ...