DE - Deere & Company

NYSE - NYSE Delayed Price. Currency in USD
164.61
+4.54 (+2.84%)
At close: 4:01PM EST
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Previous Close160.07
Open162.00
Bid163.90 x 800
Ask164.27 x 900
Day's Range161.84 - 166.19
52 Week Range128.32 - 175.26
Volume3,626,379
Avg. Volume2,627,654
Market Cap52.656B
Beta (3Y Monthly)0.77
PE Ratio (TTM)22.74
EPS (TTM)7.24
Earnings DateFeb 15, 2019
Forward Dividend & Yield3.04 (1.90%)
Ex-Dividend Date2018-12-28
1y Target Est176.71
Trade prices are not sourced from all markets
  • Stock Market News For Jan 21, 2019
    Zacks7 hours ago

    Stock Market News For Jan 21, 2019

    The bull-run of the U.S. stocks continued for the fourth straight day on Friday following positive news on the trade war front.

  • 6 Stocks Set to Gain as U.S.-China Trade Tensions Ease
    Zacks8 hours ago

    6 Stocks Set to Gain as U.S.-China Trade Tensions Ease

    Media reports indicate that a resolution to the long-running dispute may be in sight.

  • Markit9 hours ago

    See what the IHS Markit Score report has to say about Deere & Co.

    # Deere & Co ### NYSE:DE View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for DE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $1.64 billion over the last one-month into ETFs that hold DE are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. DE credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Moving Average Crossover Alert: Deere & Company
    Zacks10 hours ago

    Moving Average Crossover Alert: Deere & Company

    Deere & Company (DE) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

  • Markit2 days ago

    See what the IHS Markit Score report has to say about Deere & Co.

    # Deere & Co ### NYSE:DE View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for DE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $1.64 billion over the last one-month into ETFs that hold DE are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. DE credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • John Deere wants to remind the world that it’s a tech company
    Engadget4 days ago

    John Deere wants to remind the world that it’s a tech company

    John Deere has been to CES before. The company known for its dark green tractors with the yellow deer on them has rubbed shoulders with the smart TVs, smart light bulbs, smart cars, smart switches and smart toothbrushes for years. "We do consider ourselves a technology company.

  • The Zacks Analyst Blog Highlights: Procter & Gamble, NVIDIA, Bristol-Myers, Deere and Ecolab
    Zacks4 days ago

    The Zacks Analyst Blog Highlights: Procter & Gamble, NVIDIA, Bristol-Myers, Deere and Ecolab

    The Zacks Analyst Blog Highlights: Procter & Gamble, NVIDIA, Bristol-Myers, Deere and Ecolab

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of DE earnings conference call or presentation 21-Nov-18 3:00pm GMT

    Q4 2018 Deere & Co Earnings Call

  • Top Analyst Reports for Procter & Gamble, NVIDIA & Bristol-Myers
    Zacks5 days ago

    Top Analyst Reports for Procter & Gamble, NVIDIA & Bristol-Myers

    Top Analyst Reports for Procter & Gamble, NVIDIA & Bristol-Myers

  • Reuters6 days ago

    On the autofarm: China turns to driverless tractors, combines to overhaul agriculture

    A brand new combine harvester buzzes up and down a field in eastern China without a driver on board, chopping golden rice stalks and offering a glimpse of what authorities say is the automated future of the nation's mammoth agricultural sector. The bright green prototype was operating last autumn during a trial of driverless farm equipment as the government pushes firms to develop within 7 years fully-automated machinery capable of planting, fertilising and harvesting each of China's staple crops - rice, wheat and corn. Other countries like Australia and the United States are taking similar steps in the face of such demographic pressures, but the sheer scale of China's farming industry means the stakes are particularly high in its drive to automate agriculture.

  • Is Deere & Company’s (NYSE:DE) CEO Paid At A Competitive Rate?
    Simply Wall St.6 days ago

    Is Deere & Company’s (NYSE:DE) CEO Paid At A Competitive Rate?

    Sam Allen became the CEO of Deere & Company (NYSE:DE) in 2009. First, this article will compare CEO compensation with compensation at other large companies. Next, we'll consider growth that Read More...

  • Markit6 days ago

    See what the IHS Markit Score report has to say about Deere & Co.

    # Deere & Co ### NYSE:DE View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for DE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $10.19 billion over the last one-month into ETFs that hold DE are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. DE credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Deere touts AI, self-driving tractor
    American City Business Journals6 days ago

    Deere touts AI, self-driving tractor

    Exhibiting for the first time at CES, Deere & Co. heavily promoted its artificial intelligence, self-driving and other technological capabilities.

  • Moody's7 days ago

    John Deere Credit Compania Financiera S.A. -- Moody´s affirms all ratings of John Deere Credit Compañía Financiera

    Moody's Latin America Agente de Calificación de Riesgo S.A. (Moody's) has today affirmed all ratings assigned to John Deere Credit Compañía Financiera S.A. (JDC), including the Ba3 long-term corporate family rating (CFR) and its Aaa.ar national scale CFR. Moody's also affirmed JDC's global scale local and foreign currency senior unsecured debt ratings, of Ba3 and B1, respectively, as well as the national scale senior unsecured debt ratings of Aaa.ar in local currency and Aa2.ar in foreign currency.

  • Cummins Announces CFO Change
    Market Realist7 days ago

    Cummins Announces CFO Change

    Key Updates from the Industrial Sector Last Week (Continued from Prior Part) ## Cummins appoints new CFO On January 10, 2019, Cummins (CMI) announced that Pat Ward, its current CFO, will retire from his position. Cummins also announced that Mark Smith would be replacing Ward as CFO, effective on March 31, 2019. Ward has worked with Cummins for more than 30 years. Tom Linebarger, Cummins’ chair and CEO, said, “Pat has had an extraordinary career at Cummins. He has worked in nearly every part of our company during his 31-year tenure. He has helped many business leaders, including me, figure out where the business needs improvement and what to focus on first. Pat has also coached and developed many of our financial leaders in the company, inspiring them to be the best that they can be.” Ward’s successor, Mark Smith, has also worked with Cummins for more than 20 years. He has served as the vice president of financial operations and has led investor relations, business planning and analysis, and capital management departments at Cummins. ## Stock price update Cummins had a positive week. The stock gained ~2.5% and closed at $139.54 for the week ending January 11, 2019. The gains helped the stock to narrow its 100-day moving average gap and traded 1.5% below the 100-day moving average price of $141.69. So far in 2019, the stock has gained 6.0%. Cummins peers Caterpillar (CAT), Deere (DE), and General Electric (GE) have gained 5.2%, 9.0%, and 19%, respectively. Last week, Cummins outperformed the Invesco S&P 500 Equal Weight Industrials ETF (RGI), which gained 4.0%. The fund has invested 1.5% of its holdings in Cummins as of January 11, 2019. Cummins has a relative strength index of 57, which indicates that the stock isn’t overbought or oversold. Browse this series on Market Realist: * Part 1 - Honeywell to Collaborate with Optoro on Reverse Logistics * Part 2 - Deere Gets Six Agricultural Innovation Awards

  • Deere Gets Six Agricultural Innovation Awards
    Market Realist7 days ago

    Deere Gets Six Agricultural Innovation Awards

    Key Updates from the Industrial Sector Last Week (Continued from Prior Part) ## Deere gets six AE50 awards On January 10, 2019, Deere (DE) announced that it had received six AE50 awards. The reward is presented by the American Society of Agricultural and Biological Engineers for innovative product-engineering designs in agriculture. It recognizes 50 innovative products chosen by international engineering experts. Deere received awards for the following products: * Command Pro joystick for 6R tractors * Bale mobile app * 2660VT, a variable-intensity tillage tool * Tracks * 700FD Hydraflex Draper * a machine performance app that’s part of the Generation 4 command center These kinds of innovations help Deere to launch new products and further help farmers to save time, costs, and labor. Joel Dawson, director of production and precision agriculture for Deere, said, “This year’s AE50 Awards reaffirms the innovative spirit of our employees and illustrates our company’s commitment to bringing those linked to the land the most useful, high-quality products possible. Around the globe, John Deere engineers work tirelessly to create exciting new products and technology to benefit our customers.” ## Deere’s stock price Deere stock remained positive for the week. The stock gained ~4.4% and closed at $158.28 for the week ending January 11. The gains resulted in Deere trading 7.3% above its 100-day moving average price of $147.45. So far in 2019, Deere has gained ~9.0%. Deere’s peers Caterpillar (CAT), AGCO (AGCO), and CNH Industrial (CNHI) have fallen 5.2%, 13.3%, and 7.4%, respectively. Deere’s 14-day relative strength index score of 60 indicates that the stock isn’t overbought or oversold. Investors could hold Deere indirectly through the iShares MSCI Global Agriculture Producers ETF (VEGI), which had 15.2% of its portfolio invested in Deere as of January 11, 2019. Continue to Next Part Browse this series on Market Realist: * Part 1 - Honeywell to Collaborate with Optoro on Reverse Logistics * Part 3 - Cummins Announces CFO Change

  • CNBC10 days ago

    Chinese consumers are taking sides in the trade war and that's bad news for US companies: Cramer

    CNBC's Jim Cramer flags some pain points in the U.S.-China trade war. Chinese consumers are starting to "take sides" as the U.S.-China trade dispute rages on, and that could hamper the success of some U.S. companies, CNBC's Jim Cramer said Friday. Perhaps it already is: U.S. tech giant Apple AAPL recently warned that its fiscal first-quarter results would miss expectations due to weaker-than-anticipated iPhone sales in China.

  • Nothing Runs Like A Deere At CES; Farm Gear Giant Crashes Gadget Show
    Investor's Business Daily10 days ago

    Nothing Runs Like A Deere At CES; Farm Gear Giant Crashes Gadget Show

    Agricultural equipment leader Deere exhibited at CES for the first time this year and touted artificial intelligence in its products. Deere demonstrated a self-driving tractor at the show.

  • The Wall Street Journal10 days ago

    [$$] Deere, Siemens Adapt to Industrial AI

    At Deere, AI and advanced technologies are transforming the way the 182-year-old company manufactures, services and markets its planters, harvesters and sprayers. Today’s John Deere tractor is designed to be a smart, connected computer device able to analyze crops as it moves through the fields. The See & Spray agricultural machine uses computer vision and machine learning to sort healthy crops from weeds and allows farmers to apply herbicides only to the unwanted plants, according to Deere.

  • Deere Launches L-Series Mid-Size Loaders
    Market Realist11 days ago

    Deere Launches L-Series Mid-Size Loaders

    On January 8, 2019, Deere (DE) announced the launch of three L-series wheel loaders, the 524L, the 544L, and the 624L. Deere will display 544L in the upcoming exhibition, the World of Concrete, which will be held from January 22 to January 25. Chris Cline, Deere’s Construction and Forestry segment’s product marketing manager for wheel loaders, said, “Our next generation of wheel loaders improves upon the legacy of the John Deere wheel loader line.

  • Correction: Gadget Show-New Exhibitors story
    Associated Press12 days ago

    Correction: Gadget Show-New Exhibitors story

    LAS VEGAS (AP) — In a story Jan. 8 about first-time exhibitors at the CES gadget show, The Associated Press incorrectly reported how John Deere's 19th century plow worked. It was self-scouring, not self-powering.

  • Why Tractor Supply Stock Slumped 12.3% in December
    Motley Fool12 days ago

    Why Tractor Supply Stock Slumped 12.3% in December

    The specialty retailer is being sold off on fears rather than anything it's actually reported yet.

  • Markit12 days ago

    See what the IHS Markit Score report has to say about Deere & Co.

    # Deere & Co ### NYSE:DE View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for DE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding DE is favorable, with net inflows of $19.82 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. DE credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • InvestorPlace13 days ago

    The Four Key Questions to Consider Before Buying Caterpillar Stock

    At this point, Caterpillar (NYSE:CAT) looks almost absurdly cheap. Caterpillar earnings doubled in 2017, and are guided up close to 70% this year. Yet Caterpillar stock trades at just 11x EPS guidance, and the CAT stock price actually has declined 19% over the past year. But CAT is a cyclical stock, which means investors need to consider much more than just one- and two-year growth periods. After all, Caterpillar earnings are rising 200%+ over two years but they had declined 60% over the previous four. Revenue dropped each year over that period. It was the first time ever (including during the Great Depression) that Caterpillar sales had fallen for four consecutive years. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 7 Best Stocks in the Entrepreneur Index In theory, a cyclical stock like Caterpillar stock should be cheap at the top of the cycle. And the weakness in broad markets, along with an inverted yield curve, strongly suggests that the U.S. and global economies indeed are near a top. If that's the case, the CAT stock price isn't nearly as cheap as it looks. But there are other factors to consider when it comes to Caterpillar stock. Three other key questions will help determine whether the market was right in selling off CAT or if the decline from January highs has created a buying opportunity. ### 1\. Where Are We In the Cycle? Again, the most important question for the CAT stock price is understanding where we are in the cycle. In theory, a cyclical like CAT or John Deere (NYSE:DE) should see its earnings multiple contract at the top of the cycle and expand at the bottom. That same phenomenon helps explain why chip stock Micron Technology (NASDAQ:MU) trades at less than 4x earnings. Indeed, even when the CAT stock price hit multi-year lows in early 2016, the stock still traded at a high-teen multiple to what investors believed were depressed earnings. Now, investors see something closer to a peak coming in 2019 or 2020 or worse if the economy turns. Few stocks have more political risk than CAT, as I wrote last month. And so the compressed multiple makes some sense. Of course, that multiple only makes sense if the cycle actually is turning. And for all the worries in the market right now, there isn't a lot of evidence that turn is coming yet. In fact, Caterpillar posted a blowout Q3, with operating profit growth of 41%. YTD, revenue in Asia has risen 36% - with particular strength in China For investors who believe the recent market sell-off is overdone, Caterpillar stock at least has to be given a long look. ### 2\. Can Margins Go Any Higher? From a cyclical standpoint, however, there is a concern in Caterpillar's numbers. Operating margins are at a peak. In fact, they're higher now than in 2012, when Caterpillar benefited from the so-called "commodity supercycle". For a cyclical stock, that's not necessarily good news. Peak margins generally aren't sustainable. Indeed, adjusted margins are 16.6% over the past four quarters, according to the company's Q3 presentation. They were just 7.2% in 2016 - and averaged 11% over the past six years. If those margins settle back in even the 13-14% range, earnings drop over 10%, and the CAT stock price looks closer to 13-14x earnings. That's not far from the stock's historical rang, and in that context Caterpillar stock isn't all that cheap. That said, it's possible that margins can at least stay around current levels. Caterpillar took billions of dollars in cost out of the business over the past couple of years. Those costs have risen of late - Caterpillar has added flexible workers of late - but been leveraged by revenue growth. As such, margins probably should be higher than even the salad days of 2011 and 2012. The question is how much higher and for how long. ### 3\. Will Cost Cuts Have a Cost? That said, one interesting question is whether those cost cuts will have an impact at some point. Caterpillar's workforce dropped 20% between the end of 2013 and the end of 2017. It's risen 7% over the past year, as sales have rebounded. But Caterpillar still is making the same amount of revenue on the back of roughly 15% fewer workers. Is that, itself, sustainable? I've long worried it might not be but performance over the past seven quarters would seem to suggest otherwise. It's possible if not likely at this point that Caterpillar simply is leaner. But even that means that there's likely little room left for improvement and not much the company itself can do to move margins much higher. ### 4\. Is Caterpillar Stock the Best Cyclical Play? Overall, it does look from here like the CAT stock price is a bit too cheap. Even assuming the ~$12 EPS this year is benefiting from cyclical help, recent cost cuts look sustainable at this point. Tax reform has helped net profit as well. It's not hard to model 'mid-cycle' EPS of $9-10, with a mid-teen multiple suggesting the CAT stock price should be in the $140 range, up ~10% or so from current levels. The biggest issue, though, is whether Caterpillar stock is the best cyclical stock for investors who believe the sell-off has gone too far. As David Schawel pointed out on Twitter this week, cyclical stocks never have been as cheap on a relative basis as they are right now. Construction industry stocks have been hammered, and several look cheap, including homebuilders like Lennar (NYSE:LEN) and distributors like GMS (NYSE:GMS) and Beacon Roofing Supply (NASDAQ:BECN). CAT is a bit of a China play at this point - and there's no shortage of value stocks with exposure to that market. A 2.7% dividend yield does help the case for Caterpillar stock, admittedly. Cyclical risk probably isn't quite as large here. Still, there are a number of good, cheap cyclicals out there. Caterpillar stock is one of them. But I'm skeptical it's the best or necessarily the cheapest. As of this writing, Vince Martin is long shares of GMS Inc. He has no positions in any other securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Down 20% in December * 5 Chinese Stocks to Avoid Now (But Buy Later) * 3 Big Gainers That Easily Could Be the Best Stocks to Buy Compare Brokers The post The Four Key Questions to Consider Before Buying Caterpillar Stock appeared first on InvestorPlace.

  • Better Buy for 2019: Caterpillar vs. Deere
    Motley Fool18 days ago

    Better Buy for 2019: Caterpillar vs. Deere

    How to think about prospects for both stocks in the coming year.