Company Performance - Adecoagro (AGRO) closed at $9.49, reflecting a +0.32% change from the previous day, outperforming the S&P 500's daily loss of 1.46% [1] - Over the past month, Adecoagro's shares experienced a loss of 0.11%, which is better than the Consumer Staples sector's loss of 1.99% but underperformed the S&P 500's gain of 1.08% [2] - The Zacks Consensus EPS estimate for Adecoagro remained stagnant over the past month, and the company currently holds a Zacks Rank of 3 (Hold) [5] Analyst Estimates and Valuation - Recent changes to analyst estimates for Adecoagro are important as they reflect the shifting dynamics of short-term business patterns, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - Adecoagro is trading with a Forward P/E ratio of 5.83, which is a discount compared to the industry average Forward P/E of 12.67 [6] - The company has a PEG ratio of 1.01, compared to the Agriculture - Operations industry's average PEG ratio of 1.37 [6] Industry Context - The Agriculture - Operations industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 146, placing it in the bottom 42% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Industry Overview - The Zacks Agriculture – Operations industry faces challenges such as fluctuating commodity prices, rising input costs, trade uncertainties, and growing operational expenses, which affect productivity, profitability, and long-term sustainability [1] - The industry is set to benefit from innovation and rising demand for healthy products, with investments in acquisitions, joint ventures, and expansions expected to boost growth [2] - The industry comprises companies involved in producing, transporting, storing, processing, and distributing agricultural commodities, as well as distributing ingredients to other parts of the agriculture industry [3] - Activities include traditional farming of crops (corn, soybean, wheat, cotton) and livestock/poultry products (meat, dairy, eggs), which are sold at grocery stores, exported, or used as feedstock for other industries [4] Factors Shaping the Industry - Agricultural exports are projected to decline by 2% to $169.5 billion in fiscal 2025, driven by lower unit values for soybeans, corn, and cotton, and reduced beef volumes, while imports are projected to reach $212 billion, widening the trade deficit to $42.5 billion [5] - Rising costs due to fluctuating commodity prices, inflation-driven input increases, and trade uncertainties are squeezing profitability, with companies adopting pricing strategies and improving supply-chain resilience to combat these pressures [6] - Companies are managing higher SG&A expenses driven by performance-related compensation, project costs, and technology investments, which may continue to weigh on profitability [7] Industry Trends and Innovations - Rising consumer demand for healthier food is driving a shift toward organic farming practices, reduced use of chemicals and pesticides, and innovations in food processing and grain-handling techniques [8] - Alternative protein consumption is expected to rise as healthy eating trends expand, with industry players prioritizing productivity and innovation to align with food security and health trends [9] - Companies are investing in acquisitions and joint ventures to create high-quality ingredients and solutions that meet the growing demand for healthy products [10] Industry Performance and Valuation - The Zacks Agriculture – Operations industry carries a Zacks Industry Rank 151, placing it in the bottom 40% of Zacks industries, indicating dull near-term prospects due to a negative aggregate earnings outlook [11][12][13] - The industry has underperformed the S&P 500, with stocks collectively falling 3.4% in a year against the S&P 500's 25.6% growth, while the Zacks Consumer Staples sector declined 3.6% [14] - The industry is currently trading at a forward 12-month P/E ratio of 13.63X, compared to the S&P 500's 22.23X and the sector's 16.25X, with a five-year range of 10.91X to 17.3X [15] Key Companies in Focus - **Mission Produce (AVO)**: Engaged in sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries, with a 44.8% upward revision in fiscal 2024 earnings estimates and a 24.1% stock rise in the past year [17][18] - **Archer Daniels Midland (ADM)**: Focused on flexitarian diets, nutrition, and sustainable materials, with a 2.6% decline in 2025 earnings estimates and a 25.8% stock decline in the past year [19][20][21] - **Adecoagro (AGRO)**: Engages in farming, dairy operations, sugar, ethanol, and energy production, with a 4.2% sales growth and 14.3% EPS growth projected for 2025, despite a 2.7% stock decline in the past year [22][23][24] - **Calavo Growers (CVGW)**: A global leader in the avocado industry, with a 5.1% sales growth and 24.1% earnings growth projected for fiscal 2024, despite a 9.3% stock decline in the past year [25][26] - **Alico (ALCO)**: Benefits from strong consumption of not-from-concentrate orange juice, with a 13.5% stock rally in the past year, despite a projected 49.8% decline in current fiscal-year sales [27][28]

Adecoagro (NYSE: AGRO ) 3Q24 results were not outside of expectations, particularly for a low-seasonal quarter. Challenges in margins remain, given the generalized bear market in agricultural commodities. The company presented interesting information regarding land prices and the plans forLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, ...

Adecoagro S.A. (NYSE:AGRO) Q3 2024 Earnings Call Transcript November 14, 2024 10:00 AM ET Company Participants Mariano Bosch - CEO Emilio Gnecco - CFO Renato Pereira - VP, Sugar, Ethanol and Energy Conference Call Participants Bruno Tomazetto - Itau BBA Isabella Simonato - Bank of America Matheus Enfeldt - UBS Operator Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to Adecoagro's Third Quarter 2024 Results Conference Call. Today with us, we hav ...

Adecoagro S.A. Condensed Consolidated Interim Financial Statements as of September 30, 2024 and for the nine-month periods ended September 30, 2024 and 2023 Legal information Denomination: Adecoagro S.A. Legal address: 28, Boulevard Raiffeisen, L-2411, Luxembourg Company activity: Agricultural and agro-industrial Date of registration: June 11, 2010 Expiration of company charter: No term defined Number of register (RCS Luxembourg): B153.681 Issued Capital Stock: 111,381,815 common shares (Note 21) Outstandin ...

The Zacks Agriculture – Operations industry is poised to benefit from innovations and growing consumer demand for healthy products. Positive agricultural export projections for fiscal 2024 support a favorable near-term outlook for the industry. Investments in acquisitions, joint ventures and expansions are expected to further enhance the industry players’ prospects. Continued investments in assets and technology to foster innovation and improve customer service are especially advantageous for companies like ...

Adecoagro (AGRO) closed the most recent trading day at $11.50, moving -0.78% from the previous trading session. This change lagged the S&P 500's 0.74% gain on the day.The producer of agricultural products and renewable energy's stock has climbed by 5.17% in the past month, exceeding the Consumer Staples sector's loss of 2.87% and the S&P 500's gain of 3.16%.Investors will be eagerly watching for the performance of Adecoagro in its upcoming earnings disclosure. The company's earnings report is set to be unve ...

Adecoagro (AGRO) closed the latest trading day at $11.77, indicating a +0.77% change from the previous session's end. This change outpaced the S&P 500's 0.03% loss on the day. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%.Prior to today's trading, shares of the producer of agricultural products and renewable energy had gained 0.6% over the past month. This has outpaced the Consumer Staples sector's loss of 2.17% and lagged the S&P 500's gain of 1.39% in that time.The investment comm ...

The most recent trading session ended with Adecoagro (AGRO) standing at $11.30, reflecting a +0.98% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a loss of 0.29% for the day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.31%.The producer of agricultural products and renewable energy's shares have seen an increase of 1.36% over the last month, not keeping up with the Consumer Staples sector's gain of 3.54% and the S&P 500's gain o ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Adecoagro S.A. (AGRO) is an agro-industrial company. The Zacks Consensus Estimate for its current year earnings has been revised 6.1% downward over the last 60 days.Azul S.A. (AZUL) is an air transport company. The Zacks Consensus Estimate for its current year earnings has been revised 35% downward over the last 60 days.Allegiant Travel Company (ALGT) is a leisure travel company.The Zacks Consensus Estimate for its current year earnin ...