Deere Company Stock Analysis
DE Stock | USD 400.60 3.72 0.94% |
Deere Company is overvalued with Real Value of 377.8 and Target Price of 419.1. The main objective of Deere stock analysis is to determine its intrinsic value, which is an estimate of what Deere Company is worth, separate from its market price. There are two main types of Deere's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Deere's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Deere's stock to identify patterns and trends that may indicate its future price movements.
The Deere stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Deere is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Deere Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Deere's ongoing operational relationships across important fundamental and technical indicators.
Deere |
Deere Stock Analysis Notes
About 78.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.28. Deere Company recorded earning per share (EPS) of 34.31. The entity last dividend was issued on the 27th of March 2024. The firm had 2:1 split on the 4th of December 2007. Deere Company manufactures and distributes various equipment worldwide. Deere Company was founded in 1837 and is headquartered in Moline, Illinois. Deere operates under Engines And Heavy Machinery classification in the United States and is traded on New York Stock Exchange. To learn more about Deere Company call John May at 309 765 8000 or check out https://www.deere.com.Deere Quarterly Total Revenue |
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Deere Company Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Deere's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Deere Company or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Deere Company is unlikely to experience financial distress in the next 2 years | |
Over 78.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from finance.yahoo.com: With EPS Growth And More, Deere Makes An Interesting Case |
Deere Company Upcoming and Recent Events
Earnings reports are used by Deere to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Deere previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of February 2024 Upcoming Quarterly Report | View | |
17th of May 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
27th of November 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of October 2023 Last Financial Announcement | View |
Deere Largest EPS Surprises
Earnings surprises can significantly impact Deere's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2001-08-14 | 2001-07-31 | 0.13 | 0.15 | 0.02 | 15 | ||
2001-02-13 | 2001-01-31 | 0.14 | 0.12 | -0.02 | 14 | ||
1999-08-17 | 1999-07-31 | 0.12 | 0.14 | 0.02 | 16 |
Deere Thematic Classifications
In addition to having Deere stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ESG InvestingCompanies that promote environmental, social, and governance factors during their day-to-day operations | ||
MachineryUSA Equities from Machinery industry as classified by Fama & French |
Deere Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Deere is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Deere Company backward and forwards among themselves. Deere's institutional investor refers to the entity that pools money to purchase Deere's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Fmr Inc | 2023-12-31 | 3.6 M | Norges Bank | 2023-12-31 | 3.1 M | Capital World Investors | 2023-12-31 | 3 M | State Farm Mutual Automobile Ins Co | 2023-12-31 | 3 M | Northern Trust Corp | 2023-12-31 | 2.9 M | Goldman Sachs Group Inc | 2023-12-31 | 2.4 M | Legal & General Group Plc | 2023-12-31 | 2.2 M | Bank Of New York Mellon Corp | 2.2 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.6 M | Vanguard Group Inc | 2023-12-31 | 21.7 M | Blackrock Inc | 2023-12-31 | 17.2 M |
Deere Market Capitalization
The company currently falls under 'Mega-Cap' category with a market capitalization of 109.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Deere's market, we take the total number of its shares issued and multiply it by Deere's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Deere Profitablity
Deere's profitability indicators refer to fundamental financial ratios that showcase Deere's ability to generate income relative to its revenue or operating costs. If, let's say, Deere is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Deere's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Deere's profitability requires more research than a typical breakdown of Deere's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 0.16 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.19 %, which signifies that for every $100 of sales, it has a net operating income of $0.19. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.07 | 0.08 | |
Return On Capital Employed | 0.15 | 0.16 | |
Return On Assets | 0.07 | 0.07 | |
Return On Equity | 0.32 | 0.34 |
Management Efficiency
Deere 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.Last Reported | Projected for Next Year | ||
Book Value Per Share | 59.15 | 62.11 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 44.51 | 46.73 | |
Enterprise Value Over EBITDA | 14.30 | 15.01 | |
Price Book Value Ratio | 6.07 | 6.37 | |
Enterprise Value Multiple | 14.30 | 15.01 | |
Price Fair Value | 6.07 | 6.37 | |
Enterprise Value | 22.4 B | 23.5 B |
The analysis of Deere's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Deere's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Deere Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.015 | Forward Dividend Yield 0.015 | Forward Dividend Rate 5.88 | Beta 1.047 |
Technical Drivers
As of the 19th of April, Deere shows the Semi Deviation of 1.47, downside deviation of 1.58, and Mean Deviation of 0.8771. Deere Company technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Deere Company, which can be compared to its peers. Please confirm Deere Company variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Deere Company is priced favorably, providing market reflects its regular price of 400.6 per share. Given that Deere has jensen alpha of 0.0139, we urge you to verify Deere Company's prevailing market performance to make sure the company can sustain itself at a future point.Deere Company Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Deere middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Deere Company. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Deere Company Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Deere insiders, such as employees or executives, is commonly permitted as long as it does not rely on Deere's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Deere insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Von Pentz Markwart over six months ago Exercise or conversion by Von Pentz Markwart of 20942 shares of Deere subject to Rule 16b-3 |
Deere Outstanding Bonds
Deere issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Deere Company uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Deere bonds can be classified according to their maturity, which is the date when Deere Company has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
DEERE 655 percent Corp BondUS244199AW56 | View | |
DEERE 81 percent Corp BondUS244199AZ87 | View | |
DEERE 7125 percent Corp BondUS244199BA28 | View | |
DEERE 5375 percent Corp BondUS244199BD66 | View | |
US244199BG97 Corp BondUS244199BG97 | View | |
DEERE 39 percent Corp BondUS244199BF15 | View | |
US244199BH70 Corp BondUS244199BH70 | View | |
DEERE CO Corp BondUS244199BK00 | View |
Deere Predictive Daily Indicators
Deere intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Deere stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Deere Corporate Filings
18th of April 2024 Other Reports | ViewVerify | |
F4 | 7th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 1st of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 29th of February 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 15th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
1st of February 2024 Other Reports | ViewVerify | |
13A | 29th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
Deere Forecast Models
Deere's time-series forecasting models are one of many Deere's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Deere's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Deere Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Deere prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Deere shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Deere. By using and applying Deere Stock analysis, traders can create a robust methodology for identifying Deere entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.18 | 0.19 | |
Operating Profit Margin | 0.20 | 0.21 | |
Net Profit Margin | 0.14 | 0.15 | |
Gross Profit Margin | 0.32 | 0.24 |
Current Deere Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Deere analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Deere analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
419.1 | Buy | 29 | Odds |
Most Deere analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Deere stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Deere Company, talking to its executives and customers, or listening to Deere conference calls.
Deere Stock Analysis Indicators
Deere Company stock analysis indicators help investors evaluate how Deere stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Deere shares will generate the highest return on investment. By understating and applying Deere stock analysis, traders can identify Deere position entry and exit signals to maximize returns.
Begin Period Cash Flow | 4.9 B | |
Long Term Debt | 38.5 B | |
Common Stock Shares Outstanding | 293.6 M | |
Total Stockholder Equity | 21.8 B | |
Total Cashflows From Investing Activities | -8.7 B | |
Tax Provision | 2.9 B | |
Quarterly Earnings Growth Y O Y | -0.049 | |
Property Plant And Equipment Net | 13.8 B | |
Cash And Short Term Investments | 8.4 B | |
Cash | 7.5 B | |
Accounts Payable | 3.5 B | |
Net Debt | 56 B | |
50 Day M A | 385.0116 | |
Total Current Liabilities | 41.1 B | |
Other Operating Expenses | 45.8 B | |
Non Current Assets Total | 26.2 B | |
Forward Price Earnings | 14.9031 | |
Non Currrent Assets Other | 2.5 B | |
Stock Based Compensation | 130 M |
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Deere Stock analysis
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.