Latest Syngenta AG News and Updates
Soybean Prices Might Continue on the Downward Channel
March soybean futures contracts were trading near the support level of $8.70 per bushel on February 23. Prices fell for the second consecutive trading day.
Monsanto Pleased with Shareholders’ Approval of Bayer Merger
Often, it’s the company that innovates the fastest that dominates the market. Monsanto’s merger with Bayer could help both companies do just that.
12-Month Analyst Recommendations and Price Targets for Monsanto
Of the 19 analysts surveyed by Reuters, 11 of them have given Monsanto “strong buy” to “buy” recommendations. Seven have given it “hold” recommendations.
Monsanto Is Dropped from TPG-Axon’s Portfolio
Monsanto’s net sales for fiscal 2Q15 fell 11% on a year-over-year basis to $5.19 billion.
Valuation Multiples for Agricultural Chemicals after Brexit
In this part of the series, we’ll look at agricultural fertilizer producers’ valuations from their historical standpoints. Over the long run, valuation multiples impact a company’s share price.
The Invesco European Growth Fund’s Top Sectors Fired in 2015
The Invesco European Growth Fund – Class A (AEDAX) fell 1.1% in December 2015 from the previous month.
What Hurdles Could Monsanto-Bayer Deal Face?
A few days ago, Monsanto (MON) agreed to Bayer’s takeover offer of $128 per share for a total deal value of $66 billion.
Corn, Soybean, and Wheat Prices Fall in August, but Why?
On August 13, the crop index stood at 89.9. It rose by 1% following the USDA’s latest stock-to-use ratio, which was published on August 12.
Why Monsanto Stock Popped Yesterday
Monsanto (MON) stock surged on April 9, 2018, following news that the U.S. Department of Justice approved the merger with Bayer.
Bayer-Monsanto Deal Receives European Union Approval
On March 21, the pending merger between Monsanto (MON) and Bayer inched a step closer to closure.
The Bayer-Monsanto Merger Concerns
Some anti-trust agencies have pushed back their merger approval deadlines over anti-competitive concerns the deal will likely create.
The Bayer-Monsanto Merger Deal: An Update
On September 14, 2016, Bayer signed an agreement with Monsanto (MON) to acquire it for $66 billion, or $128 per share. The offer represented a 44% premium over Monsanto’s stock price.
Understanding the Tax Rate of Agricultural Chemical Companies outside the US
Not everyone believes that Trump’s plan to cut the corporate tax rate from 35% to 20% would have a desirable effect.
Monsanto’s 4Q17 Gross Margins by Segment
The Seed and Genomics segment’s gross margins expanded from 34.0% in 4Q16 to 41.4% in 4Q17.
An Update on Monsanto’s Merger with Bayer
Monsanto’s (MON) merger with Bayer AG is expected to be completed by 2H18. However, the merger depends on regulators’ approval.
Monsanto’s Operating Margins Projected to Expand in Fiscal 2017
For the upcoming 3Q17, Wall Street analysts are estimating that Monsanto’s EBITDA will be $1.3 billion compared to $1.5 billion in 3Q16.
Corn Prices Have Risen This June on Lower Inventory
For most of 2016, corn prices were relatively low compared to the trailing-five-year period. Let’s look at how corn prices have fared so far in 2017.
Your June 2017 Corn, Wheat, and Soybean Crop Index Update
The USDA (U.S. Department of Agriculture) issued its monthly World Agricultural Supply and Demand Estimates Report for agricultural commodities on June 9, 2017.
Analysts’ Latest Recommendations for Deere
About 39.0% of these analysts have recommended a “buy” for the stock, while 43.0% have recommended a “hold.”
Why Analysts Are Expecting Deere’s Earnings Per Share to Rise
As of May 15, 2017, Wall Street analysts are expecting Deere (DE) to post EPS of $1.67 in fiscal 2Q17. That would be a 7.0% rise year-over-year.
What Boosted DuPont’s Electronics & Communications Segment
DuPont’s Electronics & Communications segment DuPont’s (DD) Electronics & Communications segment, its fifth-largest revenue contributor, accounted for 6.6% of its revenue in 1Q17. The segment reported revenue of $510 million in 1Q17, representing a 3.4% increase YoY (year-over-year). The segment’s revenue grew primarily due to improved demand in the consumer electronics and semiconductor markets, which resulted in […]
What Could Drive Up Dow Chemical’s Operating Earnings per Share?
As of April 18, 2017, Wall Street analysts expect Dow Chemical (DOW) to post operating EPS (earnings per share) of $0.98 in 1Q17 compared to $0.89 in 1Q16.
Why Analysts Expect DuPont’s Revenues to Turn Around in 1Q17
Analysts expect DuPont’s (DD) revenue to rise on a year-over-year (or YOY) basis in 1Q17.
The Monsanto-Bayer Merger: Can This Seed Take Root?
Monsanto’s (MON) proposed merger with Bayer is expected to be completed by the 2Q18—but only if it gets the green light from antitrust authorities.
Behind Monsanto’s Margin Growth in Fiscal 2Q17
In fiscal 2Q17, Monsanto’s (MON) overall company margin, from both segments combined, grew from 57.33% to 58.18% YoY (year-over-year).
Separation Cost to Impact Deere’s Earnings per Share in 1Q17
As of February 13, Wall Street analysts expect Deere to post EPS of $0.53 in 1Q17—a decrease of 33.8% year-over-year compared to $0.80 in 1Q16.
How Soybean Prices Moved in January 2017
In its January report, the USDA (United States Department of Agriculture) said that the world’s ending stock for soybeans fell slightly to 82.3 million metric tons from 82.9 million metric tons in December.
Why Monsanto’s Operating Margins Improved in 1Q17
Monsanto reported operating income or EBIT of $247 million, which rose from -$272 million in fiscal 1Q16.
How Monsanto’s Stock Has Tracked Its Historical Price-to-Earnings
The price-to-earnings ratio is a popular multiple investors use to determine the value of their investments in companies such as Monsanto (MON).
Company Overview: A Look at Monsanto’s Key Executives
In 2016, Monsanto (MOO) had 21,000 employees. Let’s take a look at some of the company’s key executives.
What Geographic Segments Contribute to Monsanto’s Sales?
Including the United States, Mexico, and Canada, Monsanto’s total North American sales contribution stood close to 68% of its 2016 sales.
This Segment Has Become Important for Monsanto in the Last Decade
Monsanto (MON) conducts its global sales through two broad segments known as the Seeds & Genomics and Agricultural Productivity segments.
Monsanto Has a Huge Presence in Over 150 Countries
For over 100 years, Monsanto (MON) has been spread across several countries, with some of its brands being sold and used in over 150 countries.
Monsanto’s History Dates Back to 1901
In 1964, Monsanto introduced its first herbicide by the name of Ramrod. Four years later, in 1968, the company commercialized an herbicide called Lasso.
Monsanto Company: A 2016 Review
So far in 2016, Monsanto has returned 6.8%, failing to beat the S&P 500’s current return of 10.1%. However, over its life, Monsanto has easily beaten the S&P 500.
Inside the Soybean Inventory Rise in December
The global soybean stock-to-use ratio for soybeans rose to ~25.1% in December 2016, as compared to 24.8% in November 2016.
Global Corn Inventory Rises in December
The latest global stock-to-use ratio for corn in the December 2016 report stood at 21.7%—slightly above the ratio of 21.4% in November 2016.
Can Monsanto Report Earnings Growth in Fiscal 1Q17?
For 2017, Wall Street analysts are estimating that Monsanto (MON) could report EPS of $4.70, which would translate into earnings growth of 5.3% year-over-year.
At What Valuation Is the Market Investing in Monsanto?
Monsanto’s (MON) forward PE valuation multiple has recently trended higher, and so has the price of its stock.
What’s in Store for Monsanto’s Profitability in 2017?
For fiscal 2017, Wall Street analysts are estimating that Monsanto will report $7.3 billion in gross income, resulting in a gross margin of 53.0%.
How Much Is Monsanto’s Revenue Expected to Rise in 2017?
For fiscal 2017, the Wall Street consensus estimate for Monsanto’s total sales is $13.9 billion. That would translate to a rise of 2.9% year-over-year.
Soybean’s Stock-to-Use Ratio Rose with the Inventory
Unlike corn, the global soybean stock-to-use ratio is lower compared to the global stock-to-use ratio of 26.5% last year.
Analyzing Corn’s November Stock-to-Use Ratio
Corn’s latest global stock-to-use ratio in November 2016 stood at 21.6%—just slightly below the ratio of 21.5% in October.
Agrium Successful in Expanding Retail Gross Margins in 3Q16
In 3Q16, the Retail segment’s gross margin expanded YoY to 26% from 25% in 3Q15.
Why Did Soybean Prices Fall in October?
In October, soybean prices continue to trend lower. On October 12, soybean prices stood at $9.5 per bushel—compared to $9.8 per bushel in September.
Soybean’s Stock-to-Use Ratio Rose in October
The global stock-to-use ratio for soybeans rose 1.6% to ~23.5% in October—compared to 22% in September. Soybean’s ratio is lower than last year.
Why Did Corn’s Stock-to-Use Ratio Fall in October?
The global corn stock-to-use ratio in October fell slightly due to a fall in the global corn inventory. The inventory fell 1.2% to ~217 million metric tons.
Performance of PotashCorp, Agrium Stocks since Merger News
Almost a week has passed since PotashCorp (POT) and Agrium (AGU) announced a merger, and the market hasn’t responded positively to the news.
Why Is Monsanto Trading at a 25% Discount to Bayer’s Offer?
Almost a week after the announcement of a merger deal between Monsanto and Bayer, Monsanto shares are trading at nearly a 25% discount to the offer price.
Bayer Pays $128 per Share to Seal the Deal with Monsanto
The Monsanto–Bayer merger, which is valued at $66 billion, is expected to create synergies of ~$1.5 billion after three years.
Bunge Consistently Returns Value to Shareholders
On May 24, Bunge announced that its board of directors approved a 10.5% increase in the company’s regular quarterly common share cash dividend.
What Could Explain Soybeans’ Low Stock-to-Use Ratio?
In June 2016, the global soybean stock-to-use ratio stood at 20.2%, which was at its lowest point compared to the past four years.
How Bunge Returns Value to Shareholders
Bunge (BG) paid $549 million to shareholders through dividends and share repurchases in 2015.
What Is Bunge’s Sustainable Expansion Strategy?
To maximize its returns, Bunge (BG) expands its operations through mergers and acquisitions, reinvests in its business, and returns value to shareholders.
Last Week’s DAP Fertilizer Price Trends: Must-Knows
Ammonia is used to make phosphate fertilizers like DAP (diammonium phosphate) and MAP (monoammonium phosphate).
Understanding the Key Economic Indicators in Construction and Energy
Deere (DE) now expects its Construction & Forestry segmental sales to drop 13% in fiscal 2016, as compared to its previous forecast of an 11% decline.
How Monsanto’s Business Fits into Bayer’s Portfolio
What’s in it for Bayer when it comes to acquiring Monsanto (MON)? The answer lies in Bayer’s business segments and geographic reach.
Diammonium Phosphate: Where Are Prices Headed?
Ammonia is used to make phosphate fertilizers such as DAP (diammonium phosphate) and MAP (monoammonium phosphate).
Industrials and Discretionary Helped AEDAX in 1Q16
AEDAX fell 0.9% in 1Q16. But it still ranked second best among the 12 funds in this review.
What’s Monsanto’s Outlook for the Next 12 Months?
For fiscal 2Q16, Monsanto reported EBITDA (earnings before interest, tax, depreciation, and amortization) of $1.8 billion.
Prospective Plantings Report: Effect on Seed and Fertilizer
Six key companies in the seed and fertilizer industry have reacted to the Prospective Planting report over the past four years. The recent report made most of the stocks fall.
What’s in Store for Monsanto in Fiscal 2Q16?
Monsanto is set to release its fiscal 2Q16 quarter earnings on April 6. YTD, Monsanto has returned -8.9%, with the stock closing at $90.10 on March 24.
UMBWX’s Volatility Is Low, but Other Key Metrics Are Shaky
The Scout International Fund (UMBWX) is invested in stocks of companies like Syngenta (SYT), Aflac (AFL), ABB (ABB), Barclays (BCS), and Novartis (NVS).
Why Agrium’s Wholesale Shipments Increased Significantly in 4Q15
Agrium (AGU) earns about 37% of its revenue and 35% of its gross profit from its Wholesale business. The company sells all three primary NPK (nitrogen, phosphate, and potassium) fertilizers.
What Is Agrium’s View of Its Earnings Guidance for 2016?
Agrium’s (AGU) management guidance for 2016 EPS (earnings per share) stands between $5.50–$7.00, which compares with its EPS of $7.25 in 2015.
Why Did Agrium’s Wholesale Segment’s Gross Margin Spike?
Agrium’s Wholesale segment’s gross margins significantly increased from 14% in 4Q14 to 36% in 4Q15. This was primarily driven by an increase in gross margins in the Potash segment.
Monsanto’s Sales Growth Tells a Grim Tale of Agricultural Sector
About 63% of Monsanto’s net sales comes from its seed and genomics segment while the rest comes from the agricultural productivity segment.
How Will Monsanto Improve Its Product Mix and Cost Structure?
Monsanto is a large agricultural seed player, with a total global market share of 26% in the global seed industry. It generated 68% of sales from seeds.
Why Has the Chemical Industry Started to Consolidate?
Recently, the global chemical industry has witnessed a few M&A deals and started consolidating as the big chemical players were involved in the deals.
Will Monsanto Have a Healthy Balance Sheet after the Acquisition?
If Monsanto goes for a 50:50 cash and stock deal, it will have to raise around $20 billion. As a result, its net debt-to-EBITDA ratio would rise to 4.0x.
Introducting the Mega Deal between Monsanto and Syngenta
Recently, Syngenta AG, the world’s largest pesticide company, started talking about deals with global agrochemical players such as Monsanto and ChemsChina.
Will DowDuPont Be Financially Sound?
DowDuPont is a financially sound company. On the basis of the financials in 2014, the merged company will have revenue of more than $80 billion.
DowDuPont Will Spin Off into 3 Independent Public Companies
After the merger, DowDuPont will spin off into three independent and public companies—agriculture, material science, and specialty products.
Will the Dow Chemical and DuPont Merger Have Operational Synergy?
With corporate changes, the combined company is expected to generate total cost savings of $3 billion over the next two years after the merger.
What’s the Merger Rationale for Dow Chemical and DuPont?
After the merger, the combined company would become the world’s second-largest chemical company and the largest seed and pesticides company.
Basics about the Fidelity Diversified International Fund (FDIVX)
According to the fund, the Fidelity Diversified International Fund (FDIVX) intends to attain capital appreciation by “normally investing primarily in non-U.S. securities.”
Bunge Reported Strong Margins in a Challenging Environment
Bunge’s 3Q15 revenue fell to $10.8 billion from $13.7 billion in 3Q14, below analysts’ estimates for $12.7 billion.
How Did Bunge’s Stock React to Its Earnings Release?
On October 29, 2015, Bunge (BG) reported its third quarter results for fiscal 2015. The company’s stock is down almost 13% this year.
Why Did Monsanto Stumble in 4Q15 and Fiscal 2015?
Technically, Monsanto Company has broken all major support and is trading below all moving day averages.
Seeds and Genomics Contributed 53.2% to Net Sales for 4Q15
For Monsanto’s (MON) Seeds and Genomics segment, the sales in 4Q15 were recorded at $1.3 billion. For fiscal 2015, the segment sales were $10.2 billion.
Why Monsanto’s Bid to Acquire Syngenta Fell Apart
Monsanto’s (MON) bid to acquire Syngenta (SYT) was intended to combine the R&D (research and development) capabilities of both companies.
Earnings Preview: Headwinds Impacted Monsanto in 4Q15
Monsanto has struggled due to falling crop prices, concerns from environmental agencies, currency headwinds, and the recent failure to acquire Syngenta.
Will Monsanto’s 4Q15 Earnings Meet Expectations?
Monsanto (MON) is set to release its 4Q15 results on October 7. So far, 2015 has been one of the worst years for the company with a year-to-date return of -28.17%.