Deere Company Stock Today

DE Stock  USD 386.55  4.86  1.27%   

Performance

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Odds Of Distress

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Deere is trading at 386.55 as of the 27th of July 2024, a 1.27% up since the beginning of the trading day. The stock's lowest day price was 384.07. Deere has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Deere Company's common stock.
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 275.57 M outstanding shares of which 3.22 M shares are currently sold short in the market by investors with about 1.8 days to cover all shorted shares. More on Deere Company

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Deere Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn May
Thematic Ideas
(View all Themes)
Business ConcentrationAgricultural & Farm Machinery, Farm & Heavy Construction Machinery, Industrials, NYSE Composite, SP 500 Index, Nasdaq CTA Artificial, 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
Financial Strength
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
Debt Levels
Deere can leverage 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.
Liquidity
Deere 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. Note however, debt could still be an excellent tool for Deere to invest in growth at high rates of return.

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 105.18 B. Deere Company is active under Machinery sector as part of Industrials industry. The entity has 275.57 M outstanding shares of which 3.22 M shares are currently sold short in the market by investors with about 1.8 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
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. Please note that on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Deere Company's common stock.
Check Deere Ownership Details

Deere Stock Institutional Holders

InstituionRecorded OnShares
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
View Deere Diagnostics

Deere Historical Income Statement

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

Deere Corporate Directors

Sherry SmithIndependent DirectorProfile
Josh BealDirector RelationsProfile
Tami ErwinIndependent DirectorProfile
Dmitri StocktonIndependent DirectorProfile

Additional Information and Resources on Investing in Deere Stock

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 closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Agricultural & Farm Machinery space 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
(0.12)
Dividend Share
5.54
Earnings Share
33.21
Revenue Per Share
206.898
Quarterly Revenue Growth
(0.12)
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.