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Highest Forward P/E Ratio in the Agricultural & Farm Machinery Industry Detected in Shares of Toro Co (TTC, LNN, AGCO, DE, TWI)

By James Quinn

Below are the three companies in the Agricultural & Farm Machinery industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Toro Co ranks highest with a a forward P/E ratio of 27.39. Lindsay Corp is next with a a forward P/E ratio of 25.98. Agco Corp ranks third highest with a a forward P/E ratio of 15.54.

Deere & Co follows with a a forward P/E ratio of 15.18, and Titan Intl Inc rounds out the top five with a a forward P/E ratio of 4.28.

SmarTrend recommended that subscribers consider buying shares of Titan Intl Inc on September 16th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $3.13. Since that recommendation, shares of Titan Intl Inc have risen 9.8%. We continue to monitor Titan Intl Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio toro co lindsay corp AGCO Corp deere & co titan intl inc

Ticker(s): TTC LNN AGCO DE TWI