urban-gro, Inc. (NASDAQ:UGRO) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 03
U.S. Agricultural Machinery Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies15
- 7D3.3%
- 3M2.4%
- 1Y0.9%
- YTDn/a
Over the last 7 days, the Agricultural Machinery industry has risen 3.3%, driven by gains from Deere of 3.6%. During this same period, the Titan International underperformed, falling 20%. Overall in the last year, the industry is flat. In the next few years, earnings are forecast to decline by 5.0% annually.
Industry Valuation and Performance
Has the U.S. Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$150.1b | US$107.8b | US$13.8b | 11.5x | 10.9x | 1.4x |
| Fri, 05 Apr 2024 | US$152.0b | US$108.8b | US$13.9b | 12.5x | 10.9x | 1.4x |
| Sun, 03 Mar 2024 | US$140.4b | US$108.9b | US$14.0b | 11.7x | 10.1x | 1.3x |
| Tue, 30 Jan 2024 | US$149.6b | US$109.7b | US$14.2b | 11.6x | 10.6x | 1.4x |
| Thu, 28 Dec 2023 | US$152.7b | US$109.8b | US$14.2b | 12x | 10.8x | 1.4x |
| Sat, 25 Nov 2023 | US$142.1b | US$110.1b | US$14.1b | 11.3x | 10.1x | 1.3x |
| Mon, 23 Oct 2023 | US$142.1b | US$108.2b | US$13.8b | 10.8x | 10.3x | 1.3x |
| Wed, 20 Sep 2023 | US$151.3b | US$108.2b | US$13.8b | 11.4x | 11x | 1.4x |
| Fri, 18 Aug 2023 | US$163.5b | US$106.6b | US$12.8b | 13.6x | 12.8x | 1.5x |
| Sun, 16 Jul 2023 | US$164.7b | US$105.4b | US$12.3b | 13.4x | 13.3x | 1.6x |
| Tue, 13 Jun 2023 | US$155.0b | US$105.4b | US$12.4b | 12.8x | 12.6x | 1.5x |
| Thu, 11 May 2023 | US$154.5b | US$101.4b | US$11.5b | 13.8x | 13.4x | 1.5x |
| Sat, 08 Apr 2023 | US$149.8b | US$100.0b | US$11.3b | 13.4x | 13.3x | 1.5x |
| Mon, 06 Mar 2023 | US$175.9b | US$99.9b | US$11.3b | 15.6x | 15.5x | 1.8x |
| Wed, 01 Feb 2023 | US$174.4b | US$108.5b | US$10.0b | 17.6x | 17.4x | 1.6x |
| Fri, 30 Dec 2022 | US$174.7b | US$108.5b | US$10.0b | 17.9x | 17.4x | 1.6x |
| Sun, 27 Nov 2022 | US$179.6b | US$108.3b | US$10.0b | 18.7x | 18x | 1.7x |
| Tue, 25 Oct 2022 | US$154.2b | US$102.5b | US$9.0b | 14.8x | 17.1x | 1.5x |
| Thu, 22 Sep 2022 | US$141.3b | US$102.5b | US$9.0b | 13.4x | 15.7x | 1.4x |
| Sat, 20 Aug 2022 | US$150.8b | US$102.3b | US$9.0b | 14.4x | 16.8x | 1.5x |
| Mon, 18 Jul 2022 | US$123.8b | US$98.6b | US$9.1b | 15.3x | 13.7x | 1.3x |
| Wed, 15 Jun 2022 | US$136.9b | US$98.6b | US$9.1b | 20x | 15.1x | 1.4x |
| Fri, 13 May 2022 | US$150.1b | US$97.1b | US$8.7b | 17.9x | 17.3x | 1.5x |
| Sun, 10 Apr 2022 | US$171.0b | US$96.1b | US$8.7b | 23.6x | 19.7x | 1.8x |
| Tue, 08 Mar 2022 | US$160.5b | US$96.0b | US$8.7b | 21.8x | 18.5x | 1.7x |
| Thu, 03 Feb 2022 | US$158.4b | US$94.3b | US$8.7b | 24.8x | 18.2x | 1.7x |
| Sat, 01 Jan 2022 | US$155.0b | US$94.3b | US$8.7b | 25.9x | 17.8x | 1.6x |
| Mon, 29 Nov 2021 | US$158.6b | US$94.2b | US$8.7b | 26.1x | 18.2x | 1.7x |
| Wed, 27 Oct 2021 | US$153.9b | US$90.7b | US$6.9b | 25.1x | 22.4x | 1.7x |
| Fri, 24 Sep 2021 | US$153.1b | US$90.6b | US$6.9b | 25.2x | 22.2x | 1.7x |
| Sun, 22 Aug 2021 | US$158.0b | US$88.1b | US$6.0b | 27.7x | 26.2x | 1.8x |
| Fri, 09 Jul 2021 | US$159.7b | US$87.9b | US$6.0b | 28.4x | 26.5x | 1.8x |
Price to Earnings Ratio
29.9x
Current Industry PE
- Investors are pessimistic on the American Agricultural and Farm Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.9x which is lower than its 3-year average PE of 16.3x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Agricultural and Farm Machinery industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 8.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Agricultural Machinery compare with similar industries?
| US Market | 3.31% | |
| Industrials | 2.62% | |
| Machinery | 2.87% | |
| Agricultural Machinery | 3.30% | |
| Industrial Machinery | 2.94% | |
| Construction Machinery and Vehicles | 2.56% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DE Deere | US$405.57 | 3.6% +US$3.9b | 6.3% | PE11.3x | |
| CNHI CNH Industrial | US$11.90 | 4.4% +US$622.7m | -16.3% | PE6.5x | |
| AGCO AGCO | US$117.08 | 2.5% +US$215.8m | -8.0% | PE7.9x | |
| TTC Toro | US$89.08 | 1.7% +US$155.6m | -15.7% | PE32.3x | |
| LNN Lindsay | US$118.78 | 2.3% +US$29.0m | -0.9% | PE18.9x |
