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Sectors & IndustriesIndustrialsFarm & Heavy Construction Machinery
Best Agriculture Stocks to Buy Now (2023)
Top agriculture stocks in 2023 ranked by overall Zen Score. See the best agriculture stocks to buy now, according to analyst forecasts for the farm & heavy construction machinery industry.

Industry: Farm & Heavy Construction...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
TEX
TEREX CORP
NYSE
Farm & Heavy Construction Machinery
$3.35B$49.642.33%$423.60M12.83x1.88
AGCO
AGCO CORP
NYSE
Farm & Heavy Construction Machinery
$10.37B$139.070.48%$1.33B12.23x1.79
ZEV
LIGHTNING EMOTORS INC
NYSE
Farm & Heavy Construction Machinery
$58.64M$0.770.26%$63.17M0.90x2.23
CAT
CATERPILLAR INC
NYSE
Farm & Heavy Construction Machinery
$136.41B$262.121.42%$11.91B18.94x4.18
PCAR
PACCAR INC
NASDAQ
Farm & Heavy Construction Machinery
$39.03B$112.231.28%$4.30B15.02x1.38
TWI
TITAN INTERNATIONAL INC
NYSE
Farm & Heavy Construction Machinery
$1.04B$16.502.17%$267.26M6.42x2.93
CNHI
CNH INDUSTRIAL NV
NYSE
Farm & Heavy Construction Machinery
$30.12B$17.440.40%$3.28B15.85x4.67
CMCO
COLUMBUS MCKINNON CORP
NASDAQ
Farm & Heavy Construction Machinery
$1.02B$35.691.65%$137.69M23.03x1.08
LNN
LINDSAY CORP
NYSE
Farm & Heavy Construction Machinery
$1.67B$152.121.28%$126.57M22.05x0.75
OSK
OSHKOSH CORP
NYSE
Farm & Heavy Construction Machinery
$6.58B$100.631.89%$308.60M72.92x1.41
LEV
LION ELECTRIC CO
NYSE
Farm & Heavy Construction Machinery
$497.81M$2.620.38%$62.93M8.19x0.54
DE
DEERE & CO
NYSE
Farm & Heavy Construction Machinery
$125.62B$421.201.83%$12.10B17.98x3.44
ALG
ALAMO GROUP INC
NYSE
Farm & Heavy Construction Machinery
$1.84B$154.140.92%$177.63M19.89x0.80
REVG
REV GROUP INC
NYSE
Farm & Heavy Construction Machinery
$802.08M$13.401.52%$69.00M53.60x1.95
WNC
WABASH NATIONAL CORP
NYSE
Farm & Heavy Construction Machinery
$1.20B$25.03-1.50%$129.71M26.07x2.53
CEAD
CEA INDUSTRIES INC
NASDAQ
Farm & Heavy Construction Machinery
$7.69M$0.972.76%-$4.49M-0.90x0.45
XOS
XOS INC
NASDAQ
Farm & Heavy Construction Machinery
$142.66M$0.850.59%-$40.05M-3.40x0.77
ASTE
ASTEC INDUSTRIES INC
NASDAQ
Farm & Heavy Construction Machinery
$965.51M$42.511.00%$21.30M-114.89x0.50
SHYF
SHYFT GROUP INC
NASDAQ
Farm & Heavy Construction Machinery
$1.14B$32.563.04%$56.04M29.33x1.21
HY
HYSTER-YALE MATERIALS HANDLING INC
NYSE
Farm & Heavy Construction Machinery
$539.32M$31.840.47%-$105.00M-2.90x16.88
GENC
GENCOR INDUSTRIES INC
NYSEMKT
Farm & Heavy Construction Machinery
$162.55M$11.091.84%$1.13M-369.67x0.07
UGRO
URBAN-GRO INC
NASDAQ
Farm & Heavy Construction Machinery
$38.84M$3.660.55%-$10.58M-3.30x0.56
MTW
MANITOWOC CO INC
NYSE
Farm & Heavy Construction Machinery
$453.88M$12.900.86%$110.80M26.33x1.73
MNTX
MANITEX INTERNATIONAL INC
NASDAQ
Farm & Heavy Construction Machinery
$79.20M$3.94-2.23%-$1.49M-6.06x3.23
ARTW
ARTS WAY MANUFACTURING CO INC
NASDAQ
Farm & Heavy Construction Machinery
$12.54M$2.57-0.39%$1.62MN/A1.27
HYFM
HYDROFARM HOLDINGS GROUP INC
NASDAQ
Farm & Heavy Construction Machinery
$79.05M$1.75-2.78%-$214.48M-0.30x0.56

Agriculture Stocks FAQ

What are the best agriculture stocks to buy right now in Jan 2023?

According to Zen Score, the 3 best agriculture stocks to buy right now are:

1. Terex (NYSE:TEX)


Terex (NYSE:TEX) is the top agriculture stock with a Zen Score of 61, which is 22 points higher than the agriculture industry average of 39. It passed 23 out of 38 due diligence checks and has strong fundamentals. Terex has seen its stock return 16.75% over the past year, overperforming other agriculture stocks by 11 percentage points.

Terex has an average 1 year price target of $50.39, an upside of 1.5% from Terex's current stock price of $49.64.

Terex stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Terex, 61.54% have issued a Strong Buy rating, 0% have issued a Buy, 38.46% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Agco (NYSE:AGCO)


Agco (NYSE:AGCO) is the second best agriculture stock with a Zen Score of 54, which is 15 points higher than the agriculture industry average of 39. It passed 20 out of 38 due diligence checks and has strong fundamentals. Agco has seen its stock return 19.51% over the past year, overperforming other agriculture stocks by 14 percentage points.

Agco has an average 1 year price target of $153.82, an upside of 10.6% from Agco's current stock price of $139.07.

Agco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Agco, 45.45% have issued a Strong Buy rating, 27.27% have issued a Buy, 27.27% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Lightning Emotors (NYSE:ZEV)


Lightning Emotors (NYSE:ZEV) is the third best agriculture stock with a Zen Score of 52, which is 13 points higher than the agriculture industry average of 39. It passed 17 out of 33 due diligence checks and has strong fundamentals. Lightning Emotors has seen its stock lose -83.17% over the past year, underperforming other agriculture stocks by -89 percentage points.

Lightning Emotors has an average 1 year price target of $8.00, an upside of 937.61% from Lightning Emotors's current stock price of $0.77.

Lightning Emotors stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Lightning Emotors, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the agriculture stocks with highest dividends?

Out of 15 agriculture stocks that have issued dividends in the past year, the 3 agriculture stocks with the highest dividend yields are:

1. Hyster Yale Materials Handling (NYSE:HY)


Hyster Yale Materials Handling (NYSE:HY) has an annual dividend yield of 4.05%, which is 2 percentage points higher than the agriculture industry average of 1.74%. Hyster Yale Materials Handling's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Hyster Yale Materials Handling's dividend has shown consistent growth over the last 10 years.

Hyster Yale Materials Handling's dividend payout ratio of -11.8% indicates that its dividend yield might not be sustainable for the long-term.

2. Agco (NYSE:AGCO)


Agco (NYSE:AGCO) has an annual dividend yield of 3.9%, which is 2 percentage points higher than the agriculture industry average of 1.74%. Agco's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Agco's dividend has shown consistent growth over the last 10 years.

Agco's dividend payout ratio of 47.3% indicates that its dividend yield is sustainable for the long-term.

3. Paccar (NASDAQ:PCAR)


Paccar (NASDAQ:PCAR) has an annual dividend yield of 3.73%, which is 2 percentage points higher than the agriculture industry average of 1.74%. Paccar's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Paccar's dividend has shown consistent growth over the last 10 years.

Paccar's dividend payout ratio of 38.3% indicates that its dividend yield is sustainable for the long-term.

Why are agriculture stocks up?

Agriculture stocks were up 1.37% in the last day, and up 5.78% over the last week.

We couldn't find a catalyst for why agriculture stocks are up.

What are the most undervalued agriculture stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued agriculture stocks right now are:

1. Cnh Industrial Nv (NYSE:CNHI)


Cnh Industrial Nv (NYSE:CNHI) is the most undervalued agriculture stock based on WallStreetZen's Valuation Score. Cnh Industrial Nv has a valuation score of 71, which is 35 points higher than the agriculture industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Cnh Industrial Nv's stock has gained 14.81% in the past year. It has overperformed other stocks in the agriculture industry by 9 percentage points.

2. Columbus Mckinnon (NASDAQ:CMCO)


Columbus Mckinnon (NASDAQ:CMCO) is the second most undervalued agriculture stock based on WallStreetZen's Valuation Score. Columbus Mckinnon has a valuation score of 71, which is 35 points higher than the agriculture industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Columbus Mckinnon's stock has dropped -20.86% in the past year. It has underperformed other stocks in the agriculture industry by -26 percentage points.

3. Titan International (NYSE:TWI)


Titan International (NYSE:TWI) is the third most undervalued agriculture stock based on WallStreetZen's Valuation Score. Titan International has a valuation score of 71, which is 35 points higher than the agriculture industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Titan International's stock has gained 67.85% in the past year. It has overperformed other stocks in the agriculture industry by 62 percentage points.

Are agriculture stocks a good buy now?

43.48% of agriculture stocks rated by analysts are a buy right now. On average, analysts expect agriculture stocks to rise by 9.83% over the next year.

What is the average p/e ratio of the farm & heavy construction machinery industry?

The average P/E ratio of the farm & heavy construction machinery industry is 18.2x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.