[at noodls] – Companies to focus on delivering broad suite of tools to put more information in farmers’ hands to increase productivity, utilize resources more efficiently Dateline: ST. LOUIS–(BUSINESS WIRE)–Monsanto …
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Monsanto Company (MON), valued at $54.92B, started the session at $105.04.
Looking at today’s trading action, the company’s one day range from $104.33 to $105.37 and has traded between $82.70 and $109.33 over the past year.
Monsanto (MON) shares are currently priced at 20.18x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 28.30x earnings multiple for the same period.
And for income investors, the company pays shareholders $1.72 per share annually in dividends, yielding 1.60%.
Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $0.64 per share, which would be $0.02 better than the year-ago quarter and a $0.03 sequential decrease. Investors should also note that the full-year EPS estimate of $5.25 is a $0.69 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.08 Billion. If reported, that would be a 4.76% increase over the year-ago quarter.
More recently, UBS upgraded MON from Neutral to Buy (Aug 27, 2013).
Previously, Stifel Initiated MON at to Hold.
With the above information in mind, readers should note that the average price target is $117.73, which is 12.08% above where the stock opened this morning.
Monsanto Company (NYSE:MON), together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds & Genomics and Agricultural Productivity. The company was formerly known as Monsanto Ag Company and changed its name to Monsanto Company in March 2000.
Tag Helper ~ Stock Code: MON | Common Company name: Monsanto | Full Company name: Monsanto Company (NYSE:MON) .