Deere & Company logged a 2.9% change during today's afternoon session, and is now trading at a price of $393.68 per share. The S&P 500 index moved 0.0%. DE's trading volume is 1,285,184 compared to the stock's average volume of 1,701,730.
Deere & Company trades 1.4% away from its average analyst target price of $388.24 per share. The 21 analysts following the stock have set target prices ranging from $344.19 to $452.49, and on average have given Deere & Company a rating of buy.
Anyone interested in buying DE should be aware of the facts below:
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Deere & Company's current price is 54.4% above its Graham number of $254.94, which implies that at its current valuation it does not offer a margin of safety
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Deere & Company has moved -12.1% over the last year, and the S&P 500 logged a change of 24.0%
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Based on its trailing earnings per share of 34.64, Deere & Company has a trailing 12 month Price to Earnings (P/E) ratio of 11.4 while the S&P 500 average is 15.97
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DE has a forward P/E ratio of 14.9 based on its forward 12 month price to earnings (EPS) of $26.43 per share
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The company has a price to earnings growth (PEG) ratio of -3.18 — a number near or below 1 signifying that Deere & Company is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 5.09 compared to its sector average of 4.06
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Deere & Company engages in the manufacture and distribution of various equipment worldwide.
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Based in Moline, the company has 83,000 full time employees and a market cap of $110.33 Billion. Deere & Company currently returns an annual dividend yield of 1.3%.
