Cory Reed - Deere President
| DE Stock | USD 399.61 0.71 0.18% |
President
Mr. Cory J. Reed redesignated as President Worldwide Agriculture Turf Division, Americas and Australia, Global Harvesting and Turf Platforms, and Ag Solutions of the Company effective April 1, 2019. Mr. Reed is currently Senior Vice President in the Worldwide Agriculture Turf Division with responsibility for the Intelligent Solutions Group. He was instrumental in developing and implementing Deere precision agriculture strategy. Reed joined Deere in 1998 and has held a variety of marketing and sales positions including marketing manager for large tractors, regional sales and marketing for John Deere International in Switzerland. He later became Senior Vice President, Global Marketing Services for the Worldwide Agriculture Turf Division before assuming his current role. Mr. Reed holds an undergraduate degree in Finance from Miami University and a law degree from The Ohio State University. since 2020.
| Age | 53 |
| Tenure | 4 years |
| Address | One John Deere Place, Moline, IL, United States, 61265 |
| Phone | 309 765 8000 |
| Web | https://www.deere.com |
Deere Management Efficiency
The company has Return on Asset (ROA) of 0.099 % which means that for every $100 of assets, it generated a profit of $0.099. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.4561 %, which means that it produced $0.4561 on every 100 dollars invested by current stockholders. Deere's management efficiency ratios could be used to measure how well Deere manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.08. The current year's Return On Capital Employed is expected to grow to 0.16. At present, Deere's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 94.1 B, whereas Other Current Assets are forecasted to decline to about 177 M.Similar Executives
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Management Performance
| Return On Equity | 0.46 | ||||
| Return On Asset | 0.099 |
Deere Company Leadership Team
Elected by the shareholders, the Deere's board of directors comprises two types of representatives: Deere inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Deere. The board's role is to monitor Deere's management team and ensure that shareholders' interests are well served. Deere's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Deere's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Justin Rose, Customer Solutions | ||
| Leanne Caret, Independent Director | ||
| Lawrence Sidwell, Senior Division | ||
| Josh Beal, Director Relations | ||
| Rajesh Kalathur, President - John Deere and Financial, Chief Information Officer | ||
| Tami Erwin, Independent Director | ||
| Vance Coffman, Presiding Independent Director | ||
| Dmitri Stockton, Independent Director | ||
| Jill Sanchez, Manager Relations | ||
| Crandall Bowles, Independent Director | ||
| Felecia JD, Senior Officer | ||
| Thomas Spitzfaden, VP Treasurer | ||
| Sheila Talton, Independent Director | ||
| Tamra Erwin, Independent Director | ||
| John Stone, President - Worldwide Construction & Forestry and Power Systems | ||
| James Field, President of Agriculture and Turf Division - Global Harvesting and Turf Platforms, Americas and Australia | ||
| Edward Berk, Corporate Secretary | ||
| Jean Gilles, Sr. VP of Worldwide Parts Services, Advanced Technology and Engineering, Global Supply Management and Logistics and Sr. VP of John Deere Power Systems | ||
| Jahmy Hindman, Chief Officer | ||
| Clayton Jones, Independent Director | ||
| Brian Krzanich, Director | ||
| Cory Reed, President, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales & Marketing Regions of the Americas and Australia | ||
| Gregory Page, Independent Director | ||
| Markwart Pentz, President, Worldwide Agriculture & Turf Division, Small Ag & Turf, Sales & Marketing Regions of Europe, CIS, Asia and Africa | ||
| Max Guinn, Senior Vice President - Human Resources, Communications, Public Affairs, and Labor Relations | ||
| Charles Holliday, Presiding Independent Director | ||
| Mike Johanns, Independent Director | ||
| Sherry Smith, Independent Director | ||
| Joshua Jepsen, Senior CFO | ||
| Ryan Campbell, Chief Financial Officer, Senior Vice President | ||
| Thomas Patrick, Independent Director | ||
| Tony Huegel, Director - Investor Relations | ||
| Mary Jones, Senior Vice President, General Counsel & Worldwide Public Affairs | ||
| John May, President, Chief Executive Officer, Chief Operating Officer, Director | ||
| Josh Jepsen, Investor Relations Department | ||
| John II, President Chairman | ||
| Brent Norwood, Director Relations | ||
| Alan Heuberger, Independent Director | ||
| Richard Myers, Independent Director | ||
| Michael Mack, Group President of John Deere Financial Services, Global HR and Public Affairs | ||
| Joachim Milberg, Independent Director | ||
| Samuel Allen, Chairman, CEO and Chairman of Executive Committee | ||
| Renee Mailhot, VP Officer | ||
| Michael Johanns, Independent Director | ||
| Aaron Wetzel, Vice Systems | ||
| Jeffrey Trahan, Vice Investments | ||
| Dipak Jain, Independent Director | ||
| Marc Howze, Group President of Lifecycle Solutions & Chief Administrative Officer | ||
| David Thorne, Utility Turf |
Deere Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Deere a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.46 | ||||
| Return On Asset | 0.099 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 171.86 B | ||||
| Shares Outstanding | 278.36 M | ||||
| Shares Owned By Insiders | 0.16 % | ||||
| Shares Owned By Institutions | 77.89 % | ||||
| Number Of Shares Shorted | 3 M | ||||
| Price To Earning | 22.06 X |
Deere Investors Sentiment
The influence of Deere's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Deere. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Deere's public news can be used to forecast risks associated with an investment in Deere. The trend in average sentiment can be used to explain how an investor holding Deere can time the market purely based on public headlines and social activities around Deere Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Deere's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Deere's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Deere's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Deere.
Deere Implied Volatility | 26.98 |
Deere's implied volatility exposes the market's sentiment of Deere Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Deere's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Deere stock will not fluctuate a lot when Deere's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Deere in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Deere's short interest history, or implied volatility extrapolated from Deere options trading.
Pair Trading with Deere
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deere position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deere will appreciate offsetting losses from the drop in the long position's value.Moving against Deere Stock
| 0.46 | IDEX | Ideanomics | PairCorr |
The ability to find closely correlated positions to Deere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deere when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deere - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deere Company to buy it.
The correlation of Deere is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deere Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deere can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running Deere's price analysis, check to measure Deere's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
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Is Deere's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 5.32 | Earnings Share 34.31 | Revenue Per Share 211.12 | Quarterly Revenue Growth (0.04) |
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.