DE

Short Report on Deere & Company Stock

Large-cap Industrials company Deere & Company has moved -0.8% so far today on a volume of 467,337, compared to its average of 1,796,098. In contrast, the S&P 500 index moved -1.0%.

Deere & Company trades -9.07% away from its average analyst target price of $441.64 per share. The 22 analysts following the stock have set target prices ranging from $305.0 to $560.0, and on average have given Deere & Company a rating of buy.

If you are considering an investment in DE, you'll want to know the following:

  • Deere & Company's current price is 135.4% above its Graham number of $170.63, which implies that at its current valuation it does not offer a margin of safety

  • Deere & Company has moved 3312.5% over the last year, and the S&P 500 logged a change of 1394.4%

  • Based on its trailing earnings per share of 29.94, Deere & Company has a trailing 12 month Price to Earnings (P/E) ratio of 13.4 while the S&P 500 average is 15.97

  • DE has a forward P/E ratio of 12.5 based on its forward 12 month price to earnings (EPS) of $32.09 per share

  • The company has a price to earnings growth (PEG) ratio of 0.93 — a number near or below 1 signifying that Deere & Company is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 5.26 compared to its sector average of 3.78

  • Deere & Company manufactures and distributes various equipment worldwide.

  • Based in Moline, the company has 82,200 full time employees and a market cap of $117.89 Billion. Deere & Company currently returns an annual dividend yield of 1.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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