Shares of Deere & Company have moved 2.0% today, and are now trading at a price of $407.0. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 1,011,909 compared to the stock's average volume of 1,806,523.
Deere & Company manufactures and distributes various equipment worldwide. Based in Moline, United States the company has 82,200 full time employees and a market cap of $119,329,144,832. Deere & Company currently offers its equity investors a dividend that yields 1.2% per year.
The company is now trading -7.57% away from its average analyst target price of $440.35 per share. The 23 analysts following the stock have set target prices ranging from $305.0 to $560.0, and on average give Deere & Company a rating of buy.
Over the last year, DE shares have gone up 25.7%, which represents a difference of 6.0% when compared to the S&P 500. The stock's 52 week high is $448.4 per share whereas its 52 week low is $283.81. Based on Deere & Company's compound average gross margins growth rate of 0.8% over the last 4 years, its core business remains strong and the stock price may maintain this level of performance.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-10-31 | 52,577,000 | 35,338,000 | 32.79 | -3.16 |
| 2021-10-31 | 44,024,000 | 29,116,000 | 33.86 | 1.44 |
| 2020-10-31 | 35,540,000 | 23,677,000 | 33.38 | 5.13 |
| 2019-10-31 | 39,258,000 | 26,792,000 | 31.75 | n/a |
