|Bid||136.77 x 800|
|Ask||143.17 x 800|
|Day's Range||138.15 - 141.30|
|52 Week Range||112.87 - 175.26|
|PE Ratio (TTM)||25.14|
|Earnings Date||Aug 17, 2018|
|Forward Dividend & Yield||2.76 (1.91%)|
|1y Target Est||181.24|
The machinery cycle may be taking a turn for the worse, and one Wall Street analyst has adjusted his ratings on a handful of related stocks. The Analyst Goldman Sachs analyst Jerry Revich has made the ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DE. Over the last one-month, outflows of investor capital in ETFs holding DE totaled $910 million.
Technology companies may believe that they have cornered the market for artificial intelligence, but investors may want to set their sights toward industrial companies to get some AI exposure. "If you look at who the winners and losers are in robotics, it was won by the industrial companies," said the Fidelity Investments portfolio manager in a recent interview with Investopedia, noting that artificial intelligence plays a big role in robotics and automation.
The ratings are based on the quality of the underlying equipment contracts and their expected performance, the strength of the capital structure, and the experience and expertise of JDCC as the servicer. Moody's median cumulative net loss expectation for the JDOT 2018-B collateral pool is 0.55% and the Aaa level is 6.25%.
Wall Street was lower at midday on Wednesday, joining a global share market sell-off as investors recoiled from the Trump administration’s plans to impose new tariffs on $200bn worth of Chinese imports. ...
& Co., Deere said Monday. The Moline, Ill.-based farm-equipment manufacturer said in a securities filing that its board accepted Mr. Krzanich’s resignation on Friday. Mr. Krzanich resigned as CEO at Intel in June after the company became aware that he had a romantic relationship with a co-worker, a violation of Intel’s nonfraternization policy.
We put Caterpillar (CAT) and Deere (DE), which carry the same Zacks Rank, on a scale to assess which is a better stock to invest in on the basis of certain metrics.
The construction and agricultural machinery industry consists of companies that are engaged in the manufacturing of vehicles and machinery for construction and agricultural operations. All you have to do is sign up today for this free limited time offer by clicking the link below.
The 13F filings on March 31 indicate that institutional investors own 67.6% of Deere’s (DE) outstanding shares. At the end of DE’s fiscal second quarter, DE had 324.2 million outstanding shares, and 292.2 million of them were held by institutions. Of the 1,280 institutional investors that held DE, 514 increased their positions, 568 reduced their positions, and 198 maintained their positions. The fact that institutional investors were net sellers of Deere in the first quarter indicates a bearishness toward the stock.
Based on the latest short interest report on June 15, Deere’s (DE) short interest has fallen sequentially on a bi-weekly basis. DE’s short interest as a percentage of its outstanding shares fell from 2.9% to 2.4%, and DE stock fell 3%. The decline in the May sales in the European Union, the United States, and Canada increased Deere’s short interest to the highest level of 2018.
In the previous part of this series, we looked at analysts’ recommendations for Deere (DE). In this part, we’ll compare Deere’s valuation with one of its peers.
The number of analysts tracking Deere (DE) is currently 23 compared to 24 at the beginning of the year. Analysts’ consensus target price for Deere is $180.80, which implies a return potential of 29.5% over the closing price of $139.64 on June 26. Analysts have lowered Deere’s target price in the past three months from $185.50 to $180.80, probably due to the prevailing market volatility.
So far in 2018, Deere (DE) has underperformed the broader market S&P 500 (SPY). As of June 26, Deere has fallen 10.8% YTD (year-to-date) and has managed to outperform its peers AGCO (AGCO), Caterpillar (CAT), and CNH Industrial (CNHI), which have fallen 15.9%, 14%, and 21.6%, respectively.
As of June 26, Deere’s (DE) dividend was ~1.9%, which shows some signs of improvement. It should be noted that its dividend yield has been on a continuous fall since the fourth quarter of 2015. The increase in dividend yield arrests the slide and begins a trend reversal.
In a press release on May 30, Deere announced the key dates of its fiscal third-quarter dividend. Deere is expected to pay the dividend on August 1. Deere’s fiscal year is from November 1 to October 31.
NEW YORK, June 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CIT ...
If you are interested in cashing in on Deere & Company’s (NYSE:DE) upcoming dividend of US$0.69 per share, you only have 2 days left to buy the shares before itsRead More...
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