Agriculture Stocks Worth Watching – August 11th

Deere & Company, Apollo Global Management, Corteva, Bloom Energy, and Norfolk Southern are the five Agriculture stocks to watch today, according to MarketBeat’s stock screener tool. Agriculture stocks are shares of publicly traded companies involved in the production, processing and distribution of agricultural goods—ranging from seed and fertilizer manufacturers to farm-equipment makers, food processors and agribusiness traders. By investing in these equities, shareholders gain exposure to the global food and fiber supply chain, often using them as a play on population growth, commodity cycles and inflation trends. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

NYSE DE traded down $3.51 on Monday, reaching $506.86. The company had a trading volume of 540,768 shares, compared to its average volume of 1,327,262. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.11 and a quick ratio of 1.89. Deere & Company has a 1 year low of $343.90 and a 1 year high of $533.78. The firm has a 50-day moving average of $512.47 and a 200-day moving average of $489.38. The firm has a market capitalization of $137.27 billion, a PE ratio of 24.51, a P/E/G ratio of 3.24 and a beta of 1.06.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

APO traded up $1.08 on Monday, reaching $143.05. The company’s stock had a trading volume of 1,428,388 shares, compared to its average volume of 3,619,935. Apollo Global Management has a 1 year low of $102.42 and a 1 year high of $189.49. The business’s 50 day moving average is $141.82 and its 200 day moving average is $141.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market cap of $81.75 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 1.48 and a beta of 1.62.

Corteva (CTVA)

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.

CTVA stock traded up $1.33 during trading on Monday, hitting $72.24. 2,501,192 shares of the company’s stock traded hands, compared to its average volume of 3,783,051. The company has a quick ratio of 1.23, a current ratio of 1.68 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average price of $73.29 and a two-hundred day moving average price of $66.56. Corteva has a 52 week low of $51.00 and a 52 week high of $77.41. The stock has a market capitalization of $49.06 billion, a price-to-earnings ratio of 35.24, a price-to-earnings-growth ratio of 1.64 and a beta of 0.75.

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Shares of NYSE BE traded up $1.14 during midday trading on Monday, hitting $37.94. 3,624,911 shares of the company’s stock were exchanged, compared to its average volume of 7,087,661. The firm has a market cap of $8.88 billion, a P/E ratio of 948.74 and a beta of 3.28. The company has a debt-to-equity ratio of 2.18, a current ratio of 4.99 and a quick ratio of 3.21. Bloom Energy has a twelve month low of $9.02 and a twelve month high of $39.85. The stock’s 50 day moving average price is $26.32 and its 200-day moving average price is $22.88.

Norfolk Southern (NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

Norfolk Southern stock traded down $1.97 during midday trading on Monday, hitting $278.06. The company’s stock had a trading volume of 494,461 shares, compared to its average volume of 1,549,376. The company has a quick ratio of 0.71, a current ratio of 0.79 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $62.46 billion, a PE ratio of 18.80, a price-to-earnings-growth ratio of 2.48 and a beta of 1.31. Norfolk Southern has a 12 month low of $201.63 and a 12 month high of $288.11. The stock’s 50-day moving average price is $263.58 and its 200-day moving average price is $245.76.