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Deere (DE)
NYSE:DE
Holding DE?
Track your performance easily
DE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$340.20 - $420.47
Previous Close$404.96
Volume4.15M
Average Volume (3M)1.14M
Market Cap
$109.46B
Enterprise Value$167.26B
Total Cash (Recent Filing)$8.14B
Total Debt (Recent Filing)$65.86B
Price to Earnings (P/E)13.7
Beta0.95
Next Earnings
Nov 21, 2024EPS Estimate
$3.87Last Dividend Ex-Date
Sep 30, 2024Dividend Yield1.47%
Share Statistics
EPS (TTM)29.31
Shares Outstanding273,599,818
10 Day Avg. Volume1,269,367
30 Day Avg. Volume1,141,603
Standard Deviation0.08
R-Squared0.33
Alpha0.00763
Financial Highlights & Ratios
Price to Book (P/B)4.80
Price to Sales (P/S)2.00
Price to Cash Flow (P/CF)8.60
P/FCF Ratio10.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.01
Enterprise Value/Gross Profit7.50
Enterprise Value/Ebitda12.06
Forecast
1Y Price Target
$428.00Price Target Upside-2.18% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Deere News
Bulls Say, Bears Say
Bulls Say
Financial Performance4Q24 sales and EPS above consensus as margins hold up better than expected.
Right To Repair InitiativeDeere signed a Memorandum of Understanding pledging to provide increased access to specialized tools and components necessary to allow farmers or independent technicians to service Deere equipment.
Valuation And EarningsDE will deliver considerably higher margins and earnings than in prior cycles, adding fuel to the normal cyclical multiple expansion on trough fundamentals.
Bears Say
Financial PerformanceThe stock has underperformed the broader market so expectations are low for several reasons.
Inventory LevelsInventories for HHP tractors remain over 40% above the 5-year average with combines about 30% above.
Regulatory IssuesThe FTC continues to investigate DE's repair policies and today's filing provides no new information.
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Ownership Overview
0.17% Insiders
21.76% Mutual Funds
20.03% Other Institutional Investors
41.38% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DE FAQ
What was Deere’s price range in the past 12 months?
Deere lowest stock price was $340.20 and its highest was $420.47 in the past 12 months.
What is Deere’s market cap?
Currently, no data Available
When is Deere’s upcoming earnings report date?
Deere’s upcoming earnings report date is Nov 21, 2024 which is yesterday.
How were Deere’s earnings last quarter?
Deere released its earnings results on Aug 15, 2024. The company reported $6.29 earnings per share for the quarter, beating the consensus estimate of $5.675 by $0.615.
Is Deere overvalued?
According to Wall Street analysts Deere’s price is currently Overvalued.
Does Deere pay dividends?
Deere pays a Quarterly dividend of $1.47 which represents an annual dividend yield of 1.47%. See more information on Deere dividends here
What is Deere’s EPS estimate?
Deere’s EPS estimate is $3.87.
How many shares outstanding does Deere have?
Deere has 273,599,820 shares outstanding.
What happened to Deere’s price movement after its last earnings report?
Deere reported an EPS of $6.29 in its last earnings report, beating expectations of $5.675. Following the earnings report the stock price went up 8.045%.
Which hedge fund is a major shareholder of Deere?
Among the largest hedge funds holding Deere’s share is Bill & Melinda Gates Foundation Trust. It holds Deere’s shares valued at 1B.
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Deere Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$428.00 (-2.18% Downside)
$428.00 (-2.18% Downside)
Blogger Sentiment
Bullish
DE Sentiment 85%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 372.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.06%
12-Months-Change
Fundamentals
Return on Equity
35.67%
Trailing 12-Months
Asset Growth
4.30%
Trailing 12-Months
Company Description
Deere
Founded in 1837, Illinois-based Deere & Co. manufactures and distributes various equipment that is used in agriculture, construction, forestry, and turf care. The company operates through three business segments: Agriculture and Turf, Construction and Forestry, and Financial Services.
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DE Company Deck
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DE Earnings Call
Q3 2024
0:00 / 0:00
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DE Revenue Breakdown
43.18% Production Agriculture
16.53% Small Agriculture
11.17% Construction
8.32% Financial products
20.80% Other
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DE Stock 12 Month Forecast
Average Price Target
$428.00
▼(-2.18% Downside)
Technical Analysis
Best Analysts Covering DE
1 Year
1 Year Success Rate
38/45 ratings generated profit
1 Year Average Return
+30.04%
reiterated a buy rating last month
Copying Jamie Cook's trades and holding each position for 1 Year would result in 84.44% of your transactions generating a profit, with an average return of +30.04% per trade.
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