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Sectors & IndustriesIndustrialsFarm & Heavy Construction Machinery
Best Agriculture Stocks to Buy Now (2022)
Top agriculture stocks in 2022 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
Price
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
WNC
WABASH NATIONAL CORP
$25.37$33.67-24.66%26.43x13.28x0.53x3.38x0.33x$69.14M5.62%$359.73M7.42$1.58B12.17
AGCO
AGCO CORP
$131.89$90.7845.29%11.60x11.11x0.83x2.79x1.89x-$13.10M-0.13%$3.52B47.19$11.55B8.72
TEX
TEREX CORP
$44.87$35.8825.06%11.59x11.19x0.73x2.93x1.20x-$32.60M-1.07%$1.03B15.26$3.62B8.55
ZEV
LIGHTNING EMOTORS INC
$0.56N/AN/A0.65x-0.43x1.73x0.79xN/A-$91.40M-217.09%$53.71M0.71$26.88M0.43
LNN
LINDSAY CORP
$169.69$62.99169.38%28.42x22.04x2.41x4.74x2.16x-$12.55M-0.67%$393.36M35.87$1.89B16.86
PCAR
PACCAR INC
$103.36$50.51104.64%13.84x13.37x1.32x2.79x4.95x$1.27B3.53%$12.89B37.01$43.00B10.00
CMCO
COLUMBUS MCKINNON CORP
$32.31$34.23-5.61%20.85x11.10x1.00x1.18x0.47x$25.82M2.79%$784.38M27.41$1.33B9.64
CAT
CATERPILLAR INC
$232.57$97.03139.69%16.80x16.89x2.16x7.75x4.84x$4.82B3.94%$15.62B29.75$151.21B12.70
LEV
LION ELECTRIC CO
$3.02N/AN/A9.44x-18.88x4.94x1.44xN/A-$238.80M-41.62%$398.29M2.10$628.98M9.99
CNHI
CNH INDUSTRIAL NV
$16.36$13.0225.64%14.87x11.94x0.80x4.40x0.89x$113.00M0.51%$6.42B4.74$45.87B13.99
TWI
TITAN INTERNATIONAL INC
$13.94N/AN/A5.42x6.39x0.41x2.77xN/A$67.49M7.71%$315.76M5.03$1.21B4.51
ALG
ALAMO GROUP INC
$149.29$69.97113.35%19.26x17.34x1.21x2.42x2.14x-$48.17M-2.72%$737.03M62.02$2.07B11.68
OSK
OSHKOSH CORP
$87.92$44.2898.57%63.71x25.41x0.73x1.99x0.89x-$212.30M-3.69%$2.89B44.21$5.88B19.05
DE
DEERE & CO
$436.89$222.6096.27%21.68x16.33x2.75x6.93x1.49x$2.72B2.05%$19.03B62.59$178.73B16.69
XOS
XOS INC
$0.62N/AN/A-2.48x-1.22x3.30x0.82xN/A-$154.83M-150.24%$127.81M0.77$108.60M-2.71
CEAD
CEA INDUSTRIES INC
$1.09N/AN/A-1.01xN/A0.67x0.54xN/A-$2.26M-26.06%$16.14M2.03-$11.89M2.65
ASTE
ASTEC INDUSTRIES INC
$44.16N/AN/A-119.35x32.00x0.85x1.60xN/A-$112.60M-11.17%$627.70M27.49$992.48M46.60
REVG
REV GROUP INC
$13.77$6.02128.77%125.18x11.20x0.36x1.82x0.94x$93.30M11.42%$448.00M7.55$1.07B19.00
SHYF
SHYFT GROUP INC
$24.60N/AN/A22.16x29.29x0.86x3.46xN/A-$31.65M-3.67%$249.70M7.12$1.00B17.92
GENC
GENCOR INDUSTRIES INC
$10.68N/AN/A-133.50xN/A1.56x0.94xN/A-$8.28M-5.29%$166.44M11.36$137.57M215.96
MNTX
MANITEX INTERNATIONAL INC
$5.00N/AN/A-7.69x15.15x0.40x1.85xN/A-$20.05M-19.96%$54.47M2.71$191.59M-128.41
UGRO
URBAN-GRO INC
$4.95N/AN/A-4.46x-6.60x0.77x1.40xN/A-$11.23M-21.25%$37.50M3.51$35.14M-3.32
MTW
MANITOWOC CO INC
$9.56$4.70103.54%19.51x19.12x0.18x0.53x1.86x-$40.60M-12.07%$630.90M17.93$728.26M6.57
ARTW
ARTS WAY MANUFACTURING CO INC
$2.05N/AN/AN/AN/A0.35x0.92xN/A-$838.90k-8.41%$10.88M2.23$18.40M11.32
HY
HYSTER-YALE MATERIALS HANDLING INC
$30.94N/AN/A-2.82xN/A0.15x4.92xN/A-$60.60M-11.58%$106.50M6.29$1.00B-9.53
HYFM
HYDROFARM HOLDINGS GROUP INC
$3.04N/AN/A-0.52x-2.49x0.35x0.36xN/A-$21.51M-15.69%$382.51M8.48$292.45M-1.36

Agriculture Stocks FAQ

What are the best agriculture stocks to buy right now in Dec 2022?

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

1. Agco (NYSE:AGCO)


Agco (NYSE:AGCO) is the top agriculture stock with a Zen Score of 56, which is 18 points higher than the agriculture industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Agco has seen its stock return 12.89% over the past year, overperforming other agriculture stocks by 12 percentage points.

Agco has an average 1 year price target of $143.58, an upside of 8.87% from Agco's current stock price of $131.89.

Agco stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Agco, 33.33% have issued a Strong Buy rating, 25% have issued a Buy, 41.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Wabash National (NYSE:WNC)


Wabash National (NYSE:WNC) is the second best agriculture stock with a Zen Score of 56, which is 18 points higher than the agriculture industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Wabash National has seen its stock return 38.86% over the past year, overperforming other agriculture stocks by 38 percentage points.

Wabash National has an average 1 year price target of $23.50, a downside of -7.37% from Wabash National's current stock price of $25.37.

Wabash National stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Wabash National, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Terex (NYSE:TEX)


Terex (NYSE:TEX) is the third best agriculture stock with a Zen Score of 54, which is 16 points higher than the agriculture industry average of 38. It passed 20 out of 38 due diligence checks and has strong fundamentals. Terex has seen its stock return 1.93% over the past year, overperforming other agriculture stocks by 1 percentage points.

Terex has an average 1 year price target of $46.30, an upside of 3.19% from Terex's current stock price of $44.87.

Terex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Terex, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 4.17%, which is 2 percentage points higher than the agriculture industry average of 1.75%. Hyster Yale Materials Handling's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Hyster Yale Materials Handling's dividend has not 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 4.11%, which is 2 percentage points higher than the agriculture industry average of 1.75%. 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 2.8%, which is 1 percentage points higher than the agriculture industry average of 1.75%. Paccar's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Paccar's dividend has not 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 down?

Agriculture stocks were down -2.1% in the last day, and down -0.03% over the last week.

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

What are the most undervalued agriculture stocks?

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

1. Columbus Mckinnon (NASDAQ:CMCO)


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

Columbus Mckinnon's stock has dropped -29.75% in the past year. It has underperformed other stocks in the agriculture industry by -31 percentage points.

2. Paccar (NASDAQ:PCAR)


Paccar (NASDAQ:PCAR) is the second most undervalued agriculture stock based on WallStreetZen's Valuation Score. Paccar has a valuation score of 57, which is 22 points higher than the agriculture industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Paccar's stock has gained 17.98% in the past year. It has overperformed other stocks in the agriculture industry by 17 percentage points.

3. Cnh Industrial Nv (NYSE:CNHI)


Cnh Industrial Nv (NYSE:CNHI) is the third most undervalued agriculture stock based on WallStreetZen's Valuation Score. Cnh Industrial Nv has a valuation score of 57, which is 22 points higher than the agriculture industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Cnh Industrial Nv's stock has dropped -6.46% in the past year. It has underperformed other stocks in the agriculture industry by -8 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 10.83% 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 18.61x.
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.