Deere & Company (DE)
- Previous Close
404.69 - Open
405.80 - Bid 400.00 x 800
- Ask 404.29 x 800
- Day's Range
398.31 - 407.08 - 52 Week Range
340.20 - 420.47 - Volume
1,494,999 - Avg. Volume
1,244,345 - Market Cap (intraday)
109.555B - Beta (5Y Monthly) 0.93
- PE Ratio (TTM)
13.66 - EPS (TTM)
29.31 - Earnings Date Nov 21, 2024
- Forward Dividend & Yield 5.88 (1.47%)
- Ex-Dividend Date Sep 30, 2024
- 1y Target Est
419.06
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.
www.deere.com83,000
Full Time Employees
October 29
Fiscal Year Ends
Sector
Farm & Heavy Construction Machinery
Industry
Recent News: DE
View MorePerformance Overview: DE
Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: DE
View MoreValuation Measures
Market Cap
109.55B
Enterprise Value
167.52B
Trailing P/E
13.66
Forward P/E
17.95
PEG Ratio (5yr expected)
2.92
Price/Sales (ttm)
2.05
Price/Book (mrq)
4.75
Enterprise Value/Revenue
3.05
Enterprise Value/EBITDA
10.41
Financial Highlights
Profitability and Income Statement
Profit Margin
14.70%
Return on Assets (ttm)
7.86%
Return on Equity (ttm)
35.48%
Revenue (ttm)
55.96B
Net Income Avi to Common (ttm)
8.22B
Diluted EPS (ttm)
29.31
Balance Sheet and Cash Flow
Total Cash (mrq)
5.8B
Total Debt/Equity (mrq)
288.04%
Levered Free Cash Flow (ttm)
3B
Research Analysis: DE
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Research Reports: DE
View MoreArgus Quick Note: Weekly Stock List for 10/28/2024: U.S. Election Part 1, the Impact on Industrials and Financials
The U.S. presidential election is just days away. Which candidate is better for the stock market? Surprisingly, we don't think it matters that much. This theory is backed up by historical data. Our review of presidential cycles reveals that the primary driver of stock success is market fundamentals - how well the economy is doing, if inflation is maintained at the low 2%-3% levels, if the labor market remains strong and unemployment doesn't creep up, and if interest rates are lower. This is the best case for stocks and outweighs whoever is in the White House. That said, there are some nuances and implications for individual sectors. For our list this week and next, we look at several sectors and how they might be impacted by America's choice for the next president. Below, we look at the Industrial and Financial sectors and how they might perform under either candidate.
Deere Earnings: Very Slack Demand in 2024 Leads to Belt-Tightening; Fair Value Estimate Down to $340
Deere is the world’s leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
RatingPrice TargetAttractive valuation
Deere & Co. has four business segments: Production & Precision Ag, which develops and delivers global equipment and technology solutions for production-scale growers; Small Ag & Turf, which provides products to support mid-size and small growers as well as turf customers; Construction & Forestry, which manufactures and distributes a broad range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, and landscape loaders; and Financial Services, which finances purchases and leases of Deere equipment. Deere & Co. was founded in 1837 and is headquartered in Moline, Illinois. The company has approximately 83,000 employees. The shares are a component of the S&P 500.
RatingPrice TargetU.S. stocks headed higher on Thursday following positive economic data. Retail
U.S. stocks headed higher on Thursday following positive economic data. Retail sales rose 1%, above expectations for a 0.4% gain. Weekly jobless claims fell again this week to 227,000. The S&P 500 was up 1.6%, the Dow gained 1.4% and the Nasdaq rose 2.3%.