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Deere (DE:DCO)
XETRA:DCO
Holding DE:DCO?
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DCO Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€312.00 - €387.05
Previous Close€373.6
Volume237.00
Average Volume (3M)251.00
Market Cap
€101.93B
Enterprise Value€154.72B
Total Cash (Recent Filing)$8.14B
Total Debt (Recent Filing)$65.86B
Price to Earnings (P/E)13.8
Beta0.57
Next Earnings
Nov 20, 2024EPS Estimate
€3.58Last Dividend Ex-Date
Sep 30, 2024Dividend Yield1.45%
Share Statistics
EPS (TTM)27.16
Shares Outstanding273,599,818
10 Day Avg. Volume387
30 Day Avg. Volume251
Standard Deviation0.08
R-Squared0.12
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)4.43
Price to Sales (P/S)2.02
Price to Cash Flow (P/CF)8.70
P/FCF Ratio10.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.78
Enterprise Value/Gross Profit6.94
Enterprise Value/Ebitda11.16
Forecast
1Y Price Target
€390.68Price Target Upside4.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Deere News
Bulls Say, Bears Say
Bulls Say
Cost ManagementAnnounced cost management initiatives worth ~$230M in annual pre-tax savings ($100M realized in 2024) were below the buyside's bogey, but likely enough given the robust F3Q results.
Earnings3Q24 sales and EPS above consensus.
Financial PerformanceDestocking should provide visibility towards EPS/margin stabilization which will lead to multiple expansion and relative stock outperformance.
Bears Say
Legal ChallengesThe FTC continues to investigate DE's repair policies, with a number of State lawsuits still in process, adding legal uncertainty around the company.
Operational And Production IssuesSignificant underproduction is expected with shutdowns planned for major production lines, raising concerns about DE's ability to meet demand.
Sales And Margin ContractionAmid tougher grower economics, ag equipment seems to be experiencing ongoing industry sales and margin contraction, with no clear indication of improvement by 2025.
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Options Prices
Currently, No data available
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Ownership Overview
0.17% Insiders
21.60% Mutual Funds
1.80% Other Institutional Investors
60.14% Public Companies and
Individual Investors
DCO FAQ
What was Deere’s price range in the past 12 months?
Deere lowest stock price was €312.00 and its highest was €387.05 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 20, 2024 which is in 32 days.
How were Deere’s earnings last quarter?
Deere released its earnings results on Aug 15, 2024. The company reported €5.745 earnings per share for the quarter, beating the consensus estimate of €5.183 by €0.562.
Is Deere overvalued?
According to Wall Street analysts Deere’s price is currently Undervalued.
Does Deere pay dividends?
Deere pays a Quarterly dividend of €1.34 which represents an annual dividend yield of 1.45%. See more information on Deere dividends here
What is Deere’s EPS estimate?
Deere’s EPS estimate is €3.58.
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 €5.745 in its last earnings report, beating expectations of €5.183. Following the earnings report the stock price went up 7.211%.
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:
€390.68 (4.57% Upside)
€390.68 (4.57% Upside)
Blogger Sentiment
Bullish
DE:DCO Sentiment 85%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.52%
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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DCO Company Deck
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DCO Earnings Call
Q3 2024
0:00 / 0:00
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DCO Revenue Breakdown
43.18% Production Agriculture
16.53% Small Agriculture
11.17% Construction
8.32% Financial products
20.80% Other
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DCO Stock 12 Month Forecast
Average Price Target
€390.68
▲(4.57% Upside)
Technical Analysis
Best Analysts Covering DCO
1 Year
1 Year Success Rate
41/48 ratings generated profit
1 Year Average Return
+29.00%
reiterated a buy rating 11 days ago
Copying Jamie Cook's trades and holding each position for 1 Year would result in 85.42% of your transactions generating a profit, with an average return of +29.00% per trade.
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