Adecoagro (AGRO) has been on a downward spiral lately with significant selling pressure. After declining 17.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is ...

Adecoagro (AGRO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing e ...

Core Viewpoint - Three stocks are highlighted with strong value characteristics and a buy rank, including Navios Maritime Partners L.P., Costamare Inc., and Adecoagro S.A. [1] Group 1: Navios Maritime Partners L.P. (NMM) - Navios Maritime Partners L.P. is a dry bulk shipping company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 5.3% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 3.25, significantly lower than the industry average of 8.70 [1] - Navios Maritime Partners L.P. possesses a Value Score of A [1] Group 2: Costamare Inc. (CMRE) - Costamare Inc. is a shipping company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 12% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 5.21, compared to the industry average of 8.70 [1] - Costamare possesses a Value Score of A [1] Group 3: Adecoagro S.A. (AGRO) - Adecoagro S.A. is an agro-industrial company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its next year earnings has increased by 6.2% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 5.75, compared to the industry average of 18.60 [2] - Adecoagro possesses a Value Score of A [2]

Group 1 - Adecoagro S.A. (AGRO) has seen a 6.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Barrick Gold Corporation (GOLD) has experienced a 13.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - InterContinental Hotels Group PLC (IHG) has recorded a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - 1st Source Corporation (SRCE) has seen a 7.6% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [1] - Ecopetrol S.A. (EC) has experienced a 9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1]

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 30:Ecopetrol S.A. (EC) : This integrated energy company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9% the last 60 days.This Zacks Rank #1 company has a dividend yield of 17.7%, compared with the industry average of 5.9%.First BanCorp. (FBP) : This bank holding company for FirstBank Puerto Rico has witnessed the Zacks Consensus Estimate for its current year earni ...

Core Insights - Three stocks with strong value characteristics and a buy rank are highlighted for investors: Adecoagro S.A., Mr. Cooper Group Inc., and Maximus, Inc. [1] Group 1: Adecoagro S.A. (AGRO) - Adecoagro has a Zacks Rank of 1 and a price-to-earnings ratio (P/E) of 5.80, significantly lower than the industry average of 18.60 [1] - The Zacks Consensus Estimate for Adecoagro's current year earnings has increased by 6.2% over the last 60 days [1] - The company possesses a Value Score of A, indicating strong value characteristics [1] Group 2: Mr. Cooper Group Inc. (COOP) - Mr. Cooper Group also holds a Zacks Rank of 1 with a P/E ratio of 8.70, compared to the industry average of 11.40 [1] - The Zacks Consensus Estimate for Mr. Cooper Group's current year earnings has risen by 5.9% over the last 60 days [1] - The company has a Value Score of A, reflecting its strong value attributes [1] Group 3: Maximus, Inc. (MMS) - Maximus carries a Zacks Rank of 1 and has a P/E ratio of 14.87, lower than the industry average of 20.30 [2] - The Zacks Consensus Estimate for Maximus's next year earnings has increased by 5.2% over the last 60 days [2] - The company also possesses a Value Score of A, indicating favorable value characteristics [2]

Core Viewpoint - Adecoagro (AGRO) is currently viewed as a more attractive investment option compared to Limoneira (LMNR) based on various valuation metrics and rankings [1][3]. Valuation Metrics - AGRO has a forward P/E ratio of 6, significantly lower than LMNR's forward P/E of 74.86 [2]. - The PEG ratio for AGRO is 1.56, while LMNR's PEG ratio stands at 4.99, indicating AGRO's better valuation relative to its expected earnings growth [2]. - AGRO's P/B ratio is 0.76, compared to LMNR's P/B ratio of 2.05, further highlighting AGRO's undervaluation [2]. Zacks Rank and Style Scores - AGRO holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while LMNR has a Zacks Rank of 3 (Hold) [1][3]. - In the Value category, AGRO has received a grade of A, whereas LMNR has a grade of D, suggesting that AGRO is more favorable for value investors [3].

Adecoagro S.A. (NYSE:AGRO) Q1 2024 Earnings Conference Call May 17, 2024 11:00 AM ET Company Participants Vitoria Cabello - Investor Relations Officer Mariano Bosch - Chief Executive Officer Emilio Gnecco - Chief Financial Officer Renato Junqueira Pereira - Vice President, Sugar, Ethanol and Energy Conference Call Participants Henrique Brustolin - BTG Isabella Simonato - Bank of America Larissa Perez - Itau BBA Julia Rizzo - Morgan Stanley Operator Good morning, ladies and gentlemen, and thank you for waiti ...

ADECOAGRO 1 ...

Core Insights - Adecoagro S.A. reported a 2.6% increase in gross sales for Q1 2024, attributed to higher sugarcane crushing and increased average selling prices in the Rice segment [2] - Adjusted EBITDA for Q1 2024 was $90.1 million, a 1.1% increase from Q1 2023, driven by strong performance in the Farming business, which offset declines in the Sugar, Ethanol & Energy segment [2] - Adjusted net income for Q1 2024 was $23.3 million, reflecting a 40.1% decrease year-over-year [2] Sugar, Ethanol & Energy Business - Crushing volumes reached 2.2 million tons, a 47% year-over-year increase, marking a record for Q1 [3] - 49% of the crushed sugarcane was diverted to sugar production, with sugar prices averaging 48% higher than hydrous ethanol [3] - Adjusted EBITDA for this segment was $51.9 million, down 32% from Q1 2023, impacted by lower sugar prices and higher freight costs [3] Farming Business - Adjusted EBITDA for the Farming business was $44.0 million, an increase of $25.5 million compared to Q1 2023 [4] - The Rice segment saw a year-over-year increase of $19.4 million, driven by improved area, productivity, and prices, with sales prices $433 per ton higher than in Q1 2023 [4] - The Crops segment benefited from a full recovery in yields, contributing to a $5.8 million increase in results [4] Shareholder Distribution - The company announced a cash dividend distribution of $35 million, to be paid in two installments of $17.5 million each [5] - Year-to-date, the company invested $26.6 million in repurchasing 2.6 million shares, representing 2.4% of its equity [5] Farmland Sale - In April 2024, the company completed the sale of La Pecuaria farm for $20.7 million, generating an Adjusted EBITDA of $15.3 million to be recorded in Q2 2024 [6]