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Deere (DE)
NYSE:DE
Deere (DE) Stock Price & Analysis
4,344 Followers
DE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$350.47 - $443.39
Previous Close$360.99
Volume1.29M
Average Volume (3M)1.51M
Market Cap
$99.48B
Enterprise Value$158.57B
Total Cash (Recent Filing)$6.65B
Total Debt (Recent Filing)$65.64B
Price to Earnings (P/E)10.9
Beta1.03
Next Earnings
Aug 16, 2024EPS Estimate
$5.87Last Dividend Ex-Date
Jun 28, 2024Dividend Yield1.48%
Share Statistics
EPS (TTM)33.21
Shares Outstanding275,570,318
10 Day Avg. Volume1,341,099
30 Day Avg. Volume1,514,444
Standard Deviation0.09
R-Squared0.35
Alpha0.00932
Financial Highlights & Ratios
Price to Book (P/B)5.84
Price to Sales (P/S)6.82
Price to Cash Flow (P/CF)14.00
P/FCF Ratio21.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.72
Enterprise Value/Gross Profit7.11
Enterprise Value/Ebitda10.66
Forecast
1Y Price Target
$420.88Price Target Upside15.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Deere News
PremiumCompany Announcements
Deere Stays Course with Earnings Outlook Amid Workforce Streamlining
PremiumPress Releases
Deere & Company Announces Quarterly Dividend
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceDE's 2Q24 results came in ahead of expectations and the Street for both revenue and EPS.
Market LeadershipDeere is well positioned long-term as the clear, market leader in the ag equipment space.
Revenue GrowthDeere remains confident in driving Precision as a Service (PAS) to 10% of company revenue by 2030.
Bears Say
Farmer SentimentUS farmer sentiment fell to 99 vs 114 last month and 123 a year ago.
Financial PerformanceNet income guidance cut by approximately 8%, driven by cuts in sales and lower margins.
Production CutsDeere is taking sharper production cuts to combat rising used inventories.
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Ownership Overview
11.70% Insiders
21.55% Mutual Funds
16.14% Other Institutional Investors
50.61% 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 $350.47 and its highest was $443.39 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 Aug 16, 2024 which is in 44 days.
How were Deere’s earnings last quarter?
Deere released its earnings results on May 16, 2024. The company reported $8.53 earnings per share for the quarter, beating the consensus estimate of $7.912 by $0.618.
Is Deere overvalued?
According to Wall Street analysts Deere’s price is currently Undervalued.
Does Deere pay dividends?
Deere pays a Quarterly dividend of $1.47 which represents an annual dividend yield of 1.48%. See more information on Deere dividends here
What is Deere’s EPS estimate?
Deere’s EPS estimate is $5.87.
How many shares outstanding does Deere have?
Deere has 275,570,300 shares outstanding.
What happened to Deere’s price movement after its last earnings report?
Deere reported an EPS of $8.53 in its last earnings report, beating expectations of $7.912. Following the earnings report the stock price went down -4.731%.
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:
$420.88 (15.33% Upside)
$420.88 (15.33% Upside)
Blogger Sentiment
Bullish
DE Sentiment 82%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days <0.1%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.58%
12-Months-Change
Fundamentals
Return on Equity
42.01%
Trailing 12-Months
Asset Growth
7.40%
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
Q2 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
$420.88
▲(15.33% Upside)
Technical Analysis
Best Analysts Covering DE
1 Year
1 Year Success Rate
38/52 ratings generated profit
1 Year Average Return
+25.40%
reiterated a buy rating yesterday
Copying Jamie Cook's trades and holding each position for 1 Year would result in 73.08% of your transactions generating a profit, with an average return of +25.40% per trade.
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