Deere & Company (DE)

NYSE
Currency in USD
477.50
+10.41(+2.23%)
Closed
After Hours
477.33-0.17(-0.04%)
DE Scorecard
Full Analysis
Has raised its dividend for 4 consecutive years
Fair Value
Day's Range
470.45481.32
52 wk Range
340.20515.05
Key Statistics
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Prev. Close
467.09
Open
471.87
Day's Range
470.45-481.32
52 wk Range
340.2-515.05
Volume
1.02M
Average Volume (3m)
1.44M
1-Year Change
25.58%
Book Value / Share
82.54
Fair Value
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Fair Value Upside
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DE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
492.57
Upside
+3.16%
Members' Sentiments
Bearish
Bullish
ProTips
10 analysts have revised their earnings downwards for the upcoming period
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Deere & Company Company Profile

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 mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery for grain growers, and related attachments and service parts. The Small Agriculture and Turf segment offers rotary mowers, hay and forage equipment, forage harvesters, utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles; and other outdoor power products, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, track loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, scraper systems, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, log skidders and harvesters, log feller bunchers, and log loaders and forwarders; and road building and rehabilitation 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.

Deere & Company SWOT Analysis


Market Resilience
Deere & Company demonstrates robust financial performance amidst cyclical headwinds, with strong revenue and profitability metrics in challenging market conditions.
Tech-Driven Future
Explore Deere's strategic focus on precision agriculture technology, positioning the company as an innovator and potential market share gainer in evolving farming practices.
Analyst Projections
Average price target ranges from $400 to $477, with EPS projections for FY2025 between $18-$20, reflecting cautious optimism amidst market uncertainties.
Navigating Challenges
Delve into Deere's operational efficiency initiatives and pricing strategies as the company addresses inventory pressures and regional market fluctuations.
Read full SWOT analysis

Deere & Company Earnings Call Summary for Q4/2024

  • Deere & Co reports 16% decrease in FY2024 net sales to $51.7B; net income at $7.1B ($25.62 per share)
  • FY2025 forecast: Net income $5-5.5B; North American Large Ag sales down 30%; Construction/Forestry down 10-15%
  • Company focuses on inventory management, tech innovation; expects positive pricing across segments
  • See & Spray tech covers 1M+ acres; 455M global engaged acres; new pricing models to boost tech adoption
  • Despite challenges, Deere aims for higher margins at trough levels compared to previous cycles
Last Updated: 11/22/2024, 12:14 AM
Read Full Transcript

Compare DE to Peers and Sector

Metrics to compare
DE
Peers
Sector
Relationship
P/E Ratio
20.8x18.5x11.7x
PEG Ratio
−0.590.810.03
Price/Book
5.8x3.5x1.4x
Price / LTM Sales
2.7x1.4x1.1x
Upside (Analyst Target)
7.2%870.1%26.1%
Fair Value Upside
Unlock5.7%9.1%Unlock

Analyst Ratings

10 Buy
14 Hold
0 Sell
Ratings:
24 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 492.57
(+3.16% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 22.7
Dividend Yield
1.36%
Industry Median 1.15%
Annualized payout
6.48
Paid quarterly
5-Years Growth
+14.68%
Growth Streak

Earnings

Latest Release
Feb 13, 2025
EPS / Forecast
3.19 / 3.12
Revenue / Forecast
8.51B / 7.70B
EPS Revisions
Last 90 days

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FAQ

What Is the Deere&Company (DE) Stock Price Today?

The Deere&Company stock price today is 477.50

What Stock Exchange Does Deere&Company Trade On?

Deere&Company is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Deere&Company?

The stock symbol for Deere&Company is "DE."

Does Deere&Company Pay Dividends? What’s The Current Dividend Yield?

The Deere&Company dividend yield is 1.36%.

What Is the Deere&Company Market Cap?

As of today, Deere&Company market cap is 129.60B.

What is Deere&Company Earnings Per Share?

The Deere&Company EPS is 22.70.

What Is the Next Deere&Company Earnings Date?

Deere&Company will release its next earnings report on May 15, 2025.

From a Technical Analysis Perspective, Is DE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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