WallStreetZenWallStreetZen

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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
TEX
TEREX CORP
$2.02B1.71%14.90%$0.1300$0.5128%0
AGCO
AGCO CORP
$7.24B5.54%50.40%$0.2400$5.3879%2
CAT
CATERPILLAR INC
$86.70B2.76%36.00%$1.2000$4.5348%0
PCAR
PACCAR INC
$29.14B3.41%45.00%$0.3400$2.8658%102022-11-142022-12-06
CMCO
COLUMBUS MCKINNON CORP
$762.33M0.98%15.70%$0.0700$0.2613%0
WNC
WABASH NATIONAL CORP
$743.79M2.09%74.40%$0.0800$0.3236%02022-10-052022-10-27
LEV
LION ELECTRIC CO
$571.91MN/A0.00%N/AN/AN/AN/A
ALG
ALAMO GROUP INC
$1.45B0.56%9.60%$0.1800$0.686%0
OSK
OSHKOSH CORP
$4.70B2.06%80.90%$0.3700$1.4835%0
LNN
LINDSAY CORP
$1.58B0.92%27.20%$0.3400$1.3312%0
ZEV
LIGHTNING EMOTORS INC
$128.55MN/A0.00%N/AN/AN/AN/A
DE
DEERE & CO
$100.87B1.28%21.20%$1.1300$4.2819%02022-09-292022-11-08
XOS
XOS INC
$225.89MN/A0.00%N/AN/AN/AN/A
SHYF
SHYFT GROUP INC
$713.66M0.86%12.40%$0.0500$0.1811%1
TWI
TITAN INTERNATIONAL INC
$753.03MN/A0.00%$0.0050N/AN/A1
UGRO
URBAN-GRO INC
$30.95MN/A0.00%N/AN/AN/AN/A
MTW
MANITOWOC CO INC
$293.03MN/A0.00%$0.3200N/AN/A0
REVG
REV GROUP INC
$675.70M1.76%181.80%$0.0500$0.2029%02022-09-292022-10-14
CEAD
CEA INDUSTRIES INC
$8.27MN/A0.00%N/AN/AN/AN/A
CNHI
CNH INDUSTRIAL NV
$19.28B2.71%0.00%$0.3022$0.3047%4
MNTX
MANITEX INTERNATIONAL INC
$90.40MN/A0.00%N/AN/AN/AN/A
GENC
GENCOR INDUSTRIES INC
$134.70MN/A0.00%N/AN/AN/AN/A
ASTE
ASTEC INDUSTRIES INC
$758.43M1.45%4,700.00%$0.1200$0.4822%1
HY
HYSTER-YALE MATERIALS HANDLING INC
$445.53M4.90%-9.70%$0.3225$1.2976%1
HYFM
HYDROFARM HOLDINGS GROUP INC
$98.76MN/A0.00%N/AN/AN/AN/A
ARTW
ARTS WAY MANUFACTURING CO INC
$8.45MN/AN/A$0.0500N/AN/A1

Agriculture Stocks FAQ

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

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 70, which is 28 points higher than the agriculture industry average of 42. It passed 26 out of 38 due diligence checks and has strong fundamentals. Terex has seen its stock lose -31.44% over the past year, underperforming other agriculture stocks by -9 percentage points.

Terex has an average 1 year price target of $46.90, an upside of 57.33% from Terex's current stock price of $29.81.

Terex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Terex, 60% have issued a Strong Buy rating, 0% have issued a Buy, 40% 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 63, which is 21 points higher than the agriculture industry average of 42. It passed 23 out of 38 due diligence checks and has strong fundamentals. Agco has seen its stock lose -23.96% over the past year, underperforming other agriculture stocks by -2 percentage points.

Agco has an average 1 year price target of $141.50, an upside of 45.7% from Agco's current stock price of $97.12.

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, 16.67% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Caterpillar (NYSE:CAT)


Caterpillar (NYSE:CAT) is the third best agriculture stock with a Zen Score of 55, which is 13 points higher than the agriculture industry average of 42. It passed 20 out of 38 due diligence checks and has strong fundamentals. Caterpillar has seen its stock lose -16.47% over the past year, overperforming other agriculture stocks by 6 percentage points.

Caterpillar has an average 1 year price target of $220.27, an upside of 34.12% from Caterpillar's current stock price of $164.24.

Caterpillar stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Caterpillar, 36.36% 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 9.09% 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. Agco (NYSE:AGCO)


Agco (NYSE:AGCO) has an annual dividend yield of 5.54%, which is 3 percentage points higher than the agriculture industry average of 2.2%. 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 50.4% indicates that its high dividend yield is sustainable for the long-term.

2. Hyster Yale Materials Handling (NYSE:HY)


Hyster Yale Materials Handling (NYSE:HY) has an annual dividend yield of 4.9%, which is 3 percentage points higher than the agriculture industry average of 2.2%. 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 shown consistent growth over the last 10 years.

Hyster Yale Materials Handling's dividend payout ratio of -9.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Paccar (NASDAQ:PCAR)


Paccar (NASDAQ:PCAR) has an annual dividend yield of 3.41%, which is 1 percentage points higher than the agriculture industry average of 2.2%. Paccar's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Paccar's dividend has shown consistent growth over the last 10 years.

Paccar's dividend payout ratio of 45% indicates that its dividend yield is sustainable for the long-term.

Why are agriculture stocks down?

Agriculture stocks were down -3.01% in the last day, and down -5.81% over the last week. Hydrofarm Holdings Group was the among the top losers in the farm & heavy construction machinery industry, dropping -9.13% yesterday.

Shares of companies in the broader industrials space are trading lower following Wednesday'd Fed decision. Continued interest rate hikes could drive a slowdown in economic and industrial activity.

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 86, which is 40 points higher than the agriculture industry average of 46. It passed 6 out of 7 valuation due diligence checks.

Columbus Mckinnon's stock has dropped -41% in the past year. It has underperformed other stocks in the agriculture industry by -19 percentage points.

2. Alamo Group (NYSE:ALG)


Alamo Group (NYSE:ALG) is the second most undervalued agriculture stock based on WallStreetZen's Valuation Score. Alamo Group has a valuation score of 71, which is 25 points higher than the agriculture industry average of 46. It passed 5 out of 7 valuation due diligence checks.

Alamo Group's stock has dropped -17.74% in the past year. It has overperformed other stocks in the agriculture industry by 4 percentage points.

3. Paccar (NASDAQ:PCAR)


Paccar (NASDAQ:PCAR) is the third most undervalued agriculture stock based on WallStreetZen's Valuation Score. Paccar has a valuation score of 71, which is 25 points higher than the agriculture industry average of 46. It passed 5 out of 7 valuation due diligence checks.

Paccar's stock has gained 3.67% in the past year. It has overperformed other stocks in the agriculture industry by 26 percentage points.

Are agriculture stocks a good buy now?

39.13% of agriculture stocks rated by analysts are a strong buy right now. On average, analysts expect agriculture stocks to rise by 37.96% 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 23.78x.
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.