Deere Company Stock Today

DE Stock  USD 397.27  15.57  3.77%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Deere is trading at 397.27 as of the 13th of April 2024, a -3.77 percent decrease since the beginning of the trading day. The stock's lowest day price was 396.81. Deere has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Deere Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of March 2024 and ending today, the 13th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
1st of June 1972
Category
Industrials
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. The company has 278.36 M outstanding shares of which 3 M shares are currently sold short in the market by investors with about 1.96 days to cover all shorted shares. More on Deere Company

Moving against Deere Stock

  0.65UGRO Urban Gro Financial Report 8th of May 2024 PairCorr

Deere Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Deere's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Deere or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Deere's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Deere's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJohn May
Thematic Ideas
(View all Themes)
Business ConcentrationAgricultural & Farm Machinery, Farm & Heavy Construction Machinery, Industrials, NYSE Composite, Nasdaq CTA Artificial, SP 500 Index, SP 100 Index, SP 100, NYSE 100 Index, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Machinery, ESG Investing, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Deere report their recommendations after researching Deere's financial statements, talking to executives and customers, or listening in on Deere's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Deere Company. The Deere consensus assessment is calculated by taking the average forecast from all of the analysts covering Deere.
Financial Strength
Based on the measurements of operating efficiency obtained from Deere's historical financial statements, Deere Company is performing exceptionally good at this time. It has a great odds to report excellent financial results in May. Financial strength of Deere Company is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07440.0709
Sufficiently Up
Slightly volatile
Asset Turnover0.70.5116
Significantly Up
Slightly volatile
Gross Profit Margin0.240.3234
Way Down
Very volatile
Net Debt67.6 B64.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities49.6 B47.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total49.7 B47.3 B
Sufficiently Up
Slightly volatile
Total Assets125.7 B119.7 B
Sufficiently Up
Slightly volatile
Total Current Assets94.1 B89.6 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities10.4 B9.9 B
Sufficiently Up
Slightly volatile
Deere's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Deere's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Deere's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Deere's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Deere's financial leverage. It provides some insight into what part of Deere's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Deere's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Deere deploys its capital and how much of that capital is borrowed.
Liquidity
Deere cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 63.41 B of total liabilities with total debt to equity ratio (D/E) of 2.55, which may imply that the company relies heavily on debt financing. Deere Company has a current ratio of 1.94, which is generally considered normal. Debt can assist Deere until it has trouble settling it off, either with new capital or with free cash flow. So, Deere's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Deere Company sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Deere to invest in growth at high rates of return. When we think about Deere's use of debt, we should always consider it together with cash and equity.

Change In Cash

3.23 Billion
Deere Company (DE) is traded on New York Stock Exchange in USA. It is located in One John Deere Place, Moline, IL, United States, 61265 and employs 83,000 people. Deere is listed under Agricultural & Farm Machinery category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 114.92 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 Company is active under Machinery sector as part of Industrials industry. The entity has 278.36 M outstanding shares of which 3 M shares are currently sold short in the market by investors with about 1.96 days to cover all shorted shares. Deere Company reports about 4.77 B in cash with 8.59 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.74.
Check Deere Probability Of Bankruptcy
Ownership Allocation
Deere Company retains a total of 278.36 Million outstanding shares. The majority of Deere Company outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Deere Company to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Deere. Please pay attention to any change in the institutional holdings of Deere Company as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Deere Ownership Details

Deere Stock Price Odds Analysis

What are Deere's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Deere jumping above the current price in 90 days from now is about 21.93%. The Deere Company probability density function shows the probability of Deere stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Deere has a beta of 0.8298 suggesting as returns on the market go up, Deere average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Deere Company will be expected to be much smaller as well. Additionally, deere Company has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 397.27HorizonTargetOdds Above 397.27
77.86%90 days
 397.27 
21.93%
Based on a normal probability distribution, the odds of Deere to move above the current price in 90 days from now is about 21.93 (This Deere Company probability density function shows the probability of Deere Stock to fall within a particular range of prices over 90 days) .

Deere Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Deere that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Deere's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Deere's value.
InstituionRecorded OnShares
Fmr Inc2023-12-31
3.6 M
Norges Bank2023-12-31
3.1 M
Capital World Investors2023-12-31
M
State Farm Mutual Automobile Ins Co2023-12-31
M
Northern Trust Corp2023-12-31
2.9 M
Goldman Sachs Group Inc2023-12-31
2.4 M
Legal & General Group Plc2023-12-31
2.2 M
Bank Of New York Mellon Corp2023-12-31
2.2 M
Dimensional Fund Advisors, Inc.2023-12-31
1.6 M
Vanguard Group Inc2023-12-31
21.7 M
Blackrock Inc2023-12-31
17.2 M
View Deere Diagnostics

Deere Historical Income Statement

Deere Company Income Statement is one of the three primary financial statements used for reporting Deere's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Deere Company revenue and expense. Deere Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Deere's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 72.7 B, whereas Reconciled Depreciation is forecasted to decline to about 2.2 B. View More Fundamentals

Deere Stock Against Markets

Picking the right benchmark for Deere stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Deere stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Deere is critical whether you are bullish or bearish towards Deere Company at a given time. Please also check how Deere's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Deere without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Deere Corporate Directors

Deere corporate directors refer to members of a Deere board of directors. The board of directors generally takes responsibility for the Deere's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Deere's board members must vote for the resolution. The Deere board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Josh BealDirector RelationsProfile
Tami ErwinIndependent DirectorProfile
Vance CoffmanPresiding Independent DirectorProfile
Dmitri StocktonIndependent DirectorProfile

How to buy Deere Stock?

Before investing in Deere, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Deere. To buy Deere stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Deere. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Deere stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Deere Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Deere Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Deere Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Deere Stock please use our How to Invest in Deere guide.

Already Invested in Deere Company?

The danger of trading Deere Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Deere is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Deere. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Deere Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Deere Company is a strong investment it is important to analyze Deere's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Deere's future performance. For an informed investment choice regarding Deere Stock, refer to the following important reports:
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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.