Analyzing Deere & Company – Insights for Investors

Shares of Deere & have moved -2.4% today, and are now trading at a price of $404.02. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,563,264 compared to the stock's average volume of 1,432,273.

Deere & Company engages in the manufacture and distribution of various equipment worldwide. Based in Moline, United States the company has 83,000 full time employees and a market cap of $112,463,593,472. Deere & currently offers its equity investors a dividend that yields 1.3% per year.

The company is now trading -4.15% away from its average analyst target price of $421.5 per share. The 21 analysts following the stock have set target prices ranging from $365.0 to $495.0, and on average give Deere & a rating of buy.

Over the last 52 weeks, DE stock has risen 11.7%, which amounts to a -14.7% difference compared to the S&P 500. The stock's 52 week high is $450.0 whereas its 52 week low is $345.55 per share. Based on Deere &'s average net margin growth of 18.5% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 61,251,000 10,166,000 17 21.43
2022 52,577,000 7,131,000 14 0.0
2021 44,024,000 5,963,000 14 75.0
2020 35,540,000 2,751,000 8 0.0
2019 39,258,000 3,253,000 8 33.33
2018 37,358,000 2,368,000 6
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.