Deere Company Stock Analysis

DE Stock  USD 379.22  1.22  0.32%   
Deere Company is undervalued with Real Value of 401.73 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.
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. 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.
  
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 closely tied with the direction of predictive economic indicators such as signals in income.

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 33.19. The entity last dividend was issued on the 28th of June 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

15.24 Billion

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 generated a negative expected return over the last 90 days
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
On 8th of May 2024 Deere paid $ 1.47 per share dividend to its current shareholders
Latest headline from investorplace.com: 5 Stocks to Buy and Hold Forever

Deere Company Upcoming and Recent Events

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
2001-07-310.130.150.0215 
2001-02-13
2001-01-310.140.12-0.0214 
1999-08-17
1999-07-310.120.140.0216 
View All Earnings Estimates

Deere Environmental, Social, and Governance (ESG) Scores

Deere's ESG score is a quantitative measure that evaluates Deere's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Deere's operations that may have significant financial implications and affect Deere's stock price as well as guide investors towards more socially responsible investments.

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 Investing Idea
ESG Investing
Companies that promote environmental, social, and governance factors during their day-to-day operations
Machinery Idea
Machinery
USA Equities from Machinery industry as classified by Fama & French

Deere Stock Institutional Investors

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
Gates Bill & Melinda Foundation2024-03-31
3.6 M
Harris Associates L.p.2024-03-31
3.2 M
Norges Bank2023-12-31
3.1 M
State Farm Mutual Automobile Ins Co2024-03-31
M
Northern Trust Corp2024-03-31
2.8 M
Capital World Investors2024-03-31
2.6 M
Legal & General Group Plc2024-03-31
2.1 M
Bank Of New York Mellon Corp2024-03-31
M
Dimensional Fund Advisors, Inc.2024-03-31
1.9 M
Vanguard Group Inc2024-03-31
22 M
Blackrock Inc2024-03-31
16.7 M
Note, although Deere's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Deere Market Capitalization

The company currently falls under 'Mega-Cap' category with a market capitalization of 104.17 B.

Deere Profitablity

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 0.21 %, which signifies that for every $100 of sales, it has a net operating income of $0.21.
Last ReportedProjected 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 0.0883 % which means that for every $100 of assets, it generated a profit of $0.0883. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.4176 %, which means that it produced $0.4176 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 Other Current Assets is expected to grow to about 68.2 B, whereas Other Assets are forecasted to decline to about 6.2 B.
Last ReportedProjected for Next Year
Book Value Per Share 59.15  62.11 
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 Value22.4 B23.5 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
0.0156
Operating Margin
0.2083
Profit Margin
0.1616
Forward Dividend Yield
0.0156
Beta
0.985

Technical Drivers

As of the 18th of June 2024, Deere shows the Mean Deviation of 0.9741, semi deviation of 1.34, and Downside Deviation of 1.47. 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. 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 379.22 per share. Given that Deere has jensen alpha of 0.0593, 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

Execute Study
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.

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 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

8K
5th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
4th of June 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
10Q
30th of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
28th of May 2024
Other Reports
ViewVerify
8K
16th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
2nd of May 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
F3
1st of May 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
30th of April 2024
Other Reports
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 ReportedProjected 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 PriceAdvice# of Analysts
419.1Buy25Odds
Deere Company current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow4.9 B
Long Term Debt38.5 B
Common Stock Shares Outstanding293.6 M
Total Stockholder Equity21.8 B
Total Cashflows From Investing Activities-8.7 B
Tax Provision2.9 B
Quarterly Earnings Growth Y O Y-0.116
Property Plant And Equipment Net13.8 B
Cash And Short Term Investments8.4 B
Cash7.5 B
Accounts Payable3.5 B
Net Debt56 B
50 Day M A391.1326
Total Current Liabilities41.1 B
Other Operating Expenses45.8 B
Non Current Assets Total26.2 B
Forward Price Earnings14.9031
Non Currrent Assets Other2.5 B
Stock Based Compensation130 M

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.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope