Deere & Company moved 2.1% this evening session, trading between a high of $391.95 and a low of $385.17 per share. Yesterday the stock finished at $382.94 per share, compared to an average analyst target price of $446.15.
Deere & Company manufactures and distributes various equipment worldwide. The large-cap industrial machinery/components company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.3%. Deere & Company has trailing twelve months earnings per share (EPS) of 33.74, which at today's prices amounts to a price to earnings (P/E) ratio of 11.6.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.8. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2022-12-15 | 52,577,000 | -35,338,000 | 33 | -2.94 |
2021-12-16 | 44,024,000 | -29,116,000 | 34 | 3.03 |
2020-12-17 | 35,540,000 | -23,677,000 | 33 | 3.12 |
2019-12-19 | 39,258,000 | -26,792,000 | 32 | 0.0 |
2018-12-17 | 37,358,000 | -25,571,000 | 32 | -3.03 |
2017-12-18 | 29,737,700 | -19,866,200 | 33 |
Deere & Company's 32.8% average gross margins are thinner than the 34.2% average of the Farm & Heavy Construction Machinery industry, implying that the firm might be lacking in competitivity.