Brokerages expect Adecoagro SA (NYSE:AGRO) to post earnings per share of $0.11 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Adecoagro’s earnings. Adecoagro reported earnings of $0.06 per share during the same quarter last year, which indicates a positive year over year growth rate of 83.3%. The company is scheduled to issue its next earnings results on Monday, May 13th.

On average, analysts expect that Adecoagro will report full year earnings of $0.28 per share for the current financial year, with EPS estimates ranging from $0.16 to $0.42. For the next year, analysts forecast that the business will post earnings of $0.45 per share, with EPS estimates ranging from $0.13 to $0.68. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Adecoagro.

AGRO has been the subject of several analyst reports. ValuEngine upgraded Adecoagro from a “strong sell” rating to a “sell” rating in a research report on Monday, February 4th. Morgan Stanley downgraded Adecoagro from an “overweight” rating to an “equal weight” rating and set a $10.00 price objective for the company. in a research report on Wednesday, January 16th. Zacks Investment Research upgraded Adecoagro from a “hold” rating to a “buy” rating and set a $8.00 price objective for the company in a research report on Tuesday, February 12th. Finally, Citigroup assumed coverage on Adecoagro in a research report on Tuesday, December 18th. They issued a “neutral” rating for the company. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock presently has an average rating of “Hold” and an average price target of $9.67.

Shares of Adecoagro stock traded down $0.06 during midday trading on Wednesday, hitting $6.93. 900 shares of the company were exchanged, compared to its average volume of 456,021. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.38 and a quick ratio of 1.58. The company has a market capitalization of $842.51 million, a PE ratio of 8.92 and a beta of 0.57. Adecoagro has a 52 week low of $6.34 and a 52 week high of $9.06.

Institutional investors and hedge funds have recently modified their holdings of the business. Quantamental Technologies LLC acquired a new position in Adecoagro in the fourth quarter valued at about $42,000. Capital Investment Advisory Services LLC acquired a new position in shares of Adecoagro in the fourth quarter valued at approximately $49,000. Jane Street Group LLC acquired a new stake in Adecoagro during the third quarter worth approximately $141,000. GSA Capital Partners LLP acquired a new stake in Adecoagro during the fourth quarter worth approximately $155,000. Finally, Fox Run Management L.L.C. acquired a new stake in Adecoagro during the fourth quarter worth approximately $164,000. Hedge funds and other institutional investors own 43.45% of the company’s stock.

About Adecoagro

Adecoagro SA, an agricultural company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company engages in the planting, harvesting, and sale of grains, oilseeds, and fibers including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties.

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