|Bid||160.01 x 800|
|Ask||161.64 x 900|
|Day's Range||159.07 - 161.46|
|52 Week Range||128.32 - 169.99|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||15.57|
|Earnings Date||Aug 16, 2019|
|Forward Dividend & Yield||3.04 (1.91%)|
|1y Target Est||157.50|
U.S. stocks closed sharply higher on Tuesday after President Trump???s said he will meet his Chinese counterpart during the G-20 summit which boosted investors??? confidence.
Deere & Co NYSE:DEView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding DE are favorable, with net inflows of $9.60 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe 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 email@example.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.
The weather has turned for the worse and crop prices are up. That means it is time to invest in farming stocks, according to Wall Street.
By buying an index fund, investors can approximate the average market return. But many of us dare to dream of bigger...
were rising Monday following a bullish note from analysts at Baird who believe the macro agricultural environment will lead to higher demand for agricultural equipment. Deere was up 1.4% to $153.64 on Monday. "Corn prices and machinery demand are correlated, machinery volumes usually on a ~1 year lag vs. corn prices.
Deere (DE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and optimism towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the first quarter and hedging or reducing many of their […]
The Zacks Analyst Blog Highlights: Microsoft, Facebook, Bank of America, American Express and Deere
With solid equipment demand, focus on the Wirtgen acquisition and long-term opportunities, Deere (DE) is worth retaining in the portfolio at the moment.
Between 2016 and 2018, Caterpillar (NYSE:CAT) earnings more than tripled. Unsurprisingly, the stock price soared. Caterpillar stock started 2016 near $60; it started 2018 roughly one hundred points higher.Source: Anthony via FlickrThere were several factors at play in earnings growth. Easy comparisons helped, certainly. Revenue fell 18% year-over-year in 2016. That was the fourth straight year in which sales declined, a first for the company. Not even during the Great Depression did Caterpillar's top line stay negative for so long. Those four years of declines also led to a great deal of pent-up demand, which has benefited results over the last nine quarters.In addition, Caterpillar aggressively cut costs: its headcount shrunk by 20% between the end of 2013 and the end of 2017. Corporate tax reform boosted EPS. Almost everything has gone right of late - but that hardly seems reflected in Caterpillar shares.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dark Horse Stocks Winning the Race in 2019 Indeed, over the last eighteen months, Caterpillar stock now has declined over 20%. Yet earnings still are expected to grow, if at a slower rate. Caterpillar is guiding for adjusted EPS this year (excluding a one-time tax benefit) of $11.75-$12.75, 5-14% above 2018 levels. Investors don't seem to care: the CAT stock price touched a 2019 low just week, and now sits at a little over 10x the midpoint of that guidance range.The issue is that investors aren't looking at 2019, or 2016. They're looking at 2020 and beyond. To some investors, that might present an opportunity. To others, it explains why the CAT stock price continues to fall and may have further to go. The Cyclical CATAlong with John Deere (NYSE:DE), Caterpillar is one of the most widely-held cyclical stocks. That's been particularly true this decade. Back in 2012, the company generated nearly $66 billion in revenue. That year, the so-called commodity supercycle driven in part by Chinese growth peaked, and Caterpillar sold billions of dollars of equipment to miners worldwide. Commodity prices collapsed, demand dried up, and the overhang of barely used equipment pressured sales for years.Indeed, Caterpillar's Resource Industries segment saw revenue drop by over 70 percent between 2012 and 2016. Operating profit went from over $4 billion to a loss of $1 billion. That business now has recovered - but a $1.6 billion profit in 2018 obviously sits well below early-decade peaks.That volatility explains, at least in part, why Caterpillar stock looks so cheap at the moment. Investors always know Caterpillar is a cyclical play, but the roller-coaster ride of this decade remains fresh in their memories. In theory, a cyclical stock should see its earnings multiple expand at the bottom as was the case in 2016 when savvy investors started buying CAT stock ahead of its rebound.Of course, that also means multiples should contract at the top, and it's the fear that we indeed are at, or near, the top that explains why the CAT stock price sits at barely 10x 2019 earnings per share. The Cycle Weighs on Caterpillar StockTo be sure, there are some company-specific factors as well. Caterpillar cited a $70 million direct impact from tariffs just in the first quarter, and trade war fears no doubt have weighed on CAT. Like other American firms including Deere, 3M (NYSE:MMM), and even Apple (NASDAQ:AAPL), the company also cited market share struggles in the Chinese market.But China only accounts for roughly 10% of Caterpillar revenue. Potential market share issues in one region don't offset the fact that Caterpillar earnings have soared - or that the company seems to be performing exceedingly well everywhere else.CAT's cheap multiple is a function primarily of cyclical worries. To be sure, it's not alone. Banks like Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM) look cheap. Homebuilders Lennar (NYSE:LEN) and D.R. Horton (NYSE:DHI), too, trade at single-digit multiples, even after solid YTD rallies.Investors in these stocks, and in Caterpillar, are looking to ahead to looming trouble. That might be a trade war. It might just be the natural end of a U.S. economic expansion heading into its eleventh year. Caterpillar is a more global play. Over half of its sales come from outside North America, but the logic is the same. A slowdown is coming and investors don't want to own the stocks most likely to be affected. The Bet on CAT StockAnd so investors aren't really focused on 2019 results and they're not going to be. An extra dime or two in 2019 EPS doesn't matter much, if at all, if those earnings start declining in 2020 anyhow. UBS (NYSE:UBS) made that case last week, cutting its CAT stock price target to $115 while projecting a decrease in earnings next year.That's the problem for Caterpillar stock right now: there's not much Caterpillar can really do. It's cut costs so significantly of late that there's probably less room to react if sales do start turning negative. What growth it does muster in 2019 could well be overshadowed, or ignored, amid fears of what comes next. Moreso than other cyclicals, CAT is going to be held hostage to the broader sentiment toward the global economy.Of course, that's precisely what makes CAT so interesting, particularly near YTD lows. There is a nice case here for the stock. As Dana Blankenhorn pointed out last month, CAT is an attractive pick for income investors. The dividend already yields 3.3%, and Caterpillar management has promised further hikes going forward.Those hikes are presumably dependent on some degree of cooperation from the broader economy, but at least for now the dividend is well-covered.But even a 4% dividend isn't quite enough to turn bullish. An investor has to trust the global economy to go long CAT, even at these levels. And if an investor does see global macro worries as overdone, there are few better plays than Caterpillar stock.Another leg up in the global economy and particularly in demand for commodities like minerals, oil and natural gas would allow earnings to keep growing. CAT's earnings multiple likely would expand as well thanks to increased investor confidence. It's not unreasonable in that scenario to see Caterpillar stock clearing $200, something like 14-15x adjusted EPS of $14-$15. For what it's worth, the high Wall Street target price is exactly $200.It's not quite that simple but it's close. CAT is a bet on the global economy being better than feared. It's not a bet I'm quite willing to take but I can see why other investors might.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post As Solid as It Is, Looming Fears Will Hold Back Caterpillar Stock appeared first on InvestorPlace.
JLD-Laguë, one of Canada's largest John Deere (NYSE: DE ) dealers, has added Peterbilt trucks to its portfolio with the acquisition of Transdiff. The C$13.5 million (the Canadian dollar equals US$0.75) ...
Moody's Latin America Agente de Calificación de Riesgo ("Moody's") has assigned a B1 global scale and a Aa2.ar national scale foreign currency debt rating to John Deere Credit Compañía Financiera S.A.(JDC)'s Class eighteen senior debt issuance.
Deere (DE) projects global sales for Construction & Forestry equipment to rise 11% in fiscal 2019 backed by strong demand for equipment and the Wirtgen acquisition.
Industrial heavyweight stocks - Caterpillar (CAT) and Deere (DE) are good options supported by a favorable Zacks Rank, but analysis of their financials will help decide which investment option is better.
Today we'll evaluate Deere & Company (NYSE:DE) to determine whether it could have potential as an investment idea. In...
Concerns over the deepening rift with China is pushing the Dow Jones Industrial Average back to levels not seen since early February, a clear breakdown below its 200-day moving average. What is worrying is that the move traces out a head-and-shoulders reversal pattern that traces a decline to the 24,000 level last seen in February, which would be worth a loss of roughly 5% from here.There's a lot to worry about these days, from Beijing's threat of a rare-earth metals export ban to the risk higher tariffs present to the global supply chain network.No wonder then that the bond market is sending its strongest recession warnings since 2007, with much of the U.S. Treasury yield curve "inverting" as long-term rates fall below short-term rates -- a sign that something is very wrong with the global economy.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Buy and Hold Forever As a result, a number of mega-cap stocks are breaking lower. Here are four Dow Jones stocks under huge pressure. Disney (DIS) Click to EnlargeDespite the very hyped opening of the new Star Wars Galaxy's Edge themed area in the Disneyland theme park, shares of Disney (NYSE:DIS) are preparing to drop out of a two-month consolidation range with a likely return to the lows seen in early April, which would be worth a fall of nearly 11% from here.The company will next report results on Aug. 7 after the close. Analysts are looking for earnings of $1.77 per share on revenues of $21.5 billion. When the company last reported on May 8, earnings of $1.61 beat estimates by 4 cents on a 2.6% rise in revenues. Nike (NKE) Click to EnlargeNike (NYSE:NKE) shares are cutting down below their 200-day moving average, falling below the $80-a-share level for the first time since January and breaking into downtrend territory for the first time since December. The company is at the center of tariff concerns, with a group of shoe companies recently asking Trump not to raise import duties on footwear. * 7 Stocks to Sell After Earnings Destroyed Their Long-Term Stories The company will next report results on June 20 after the close. Analysts are looking for earnings of 67 cents per share on revenues of $10.2 billion. When the company last reported on March 21, earnings of 68 cents per share beat estimates by 3 cents on a 7% rise in revenues. Apple (AAPL) Click to EnlargeApple (NASDAQ:AAPL), the world's most important technology company, is returning to levels seen in early March as analysts worry the deepening trade war will have a direct impact on its bottom line. Not only is the company vulnerable to U.S. imports on products coming in from China (with iPhone and laptops to be affected by the next round of tariffs) but sales to Chinese consumers are vulnerable to a nationalist boycott.The company will next report results on July 30 after the close. Analysts are looking for earnings of $2.1 per share on revenues of $53.47 billion. When the company last reported on April 30, earnings of $2.46 beat estimates by 10 cents on a 5.1% decline in revenues. Caterpillar (CAT) Click to EnlargeShares of heavy equipment maker Caterpillar (NYSE:CAT) have returned to lows not seen since December, down more than 17% from their recent high. Farm and heavy equipment makers such as CAT and Deere (NYSE:DE) are at risk from lower sales into China (as the trade war hurts their export-oriented economy) as well as to U.S. farmers, as Beijing retaliates by buying less American foods. * 7 Recession-Proof Stocks to Buy as the Boom Ends The company will next report results on July 24 before the bell. Analysts are looking for earnings of $3.12 per share on revenues of $14.54 billion. When the company last reported on April 24, earnings of $2.94 beat estimates by 8 cents on a 4.7% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for June * 7 Stocks to Buy From One of America's Best Pension Funds * 4 Consumer Staples Stocks for Both Income and Growth Compare Brokers The post 4 Dow Jones Stocks Being Crushed appeared first on InvestorPlace.
Investing.com - U.S. stocks tumbled Wednesday as the U.S.-China trade war intensified after Beijing signaled it was ready to retaliate against Washington by halting exports of rare-earth metals.
The Trump administration is considering delaying tariffs on Mexico, according to Bloomberg. Drew Matus, Chief Market Strategist at MetLife Investment Management, discusses with Yahoo Finance's Seana Smith on "The Ticker."
Stocks are under pressure as bond yields extend declines. Sameer Samana, Wells Fargo Investment Institute Senior Global Market Strategist, discusses what it could mean for the markets with Yahoo Finance's Seana Smith on "The Ticker."