The share price of Deere & Company [NYSE: DE] inclined by $174.38, presently trading at $174.48. The company’s shares saw 31.50% gains compared to the lowest price in the period of the last 52 weeks, set at $132.68 recorded on 11/15/19. The last few days have been benevolent to the share price as DE fall by -2.18% during the last week, even though the stock is still down by -3.32% compared to -3.88 of all time high it touched on 11/11/19. However, the stock had a strong performance during the past 3 months, roughly gaining 1.36%, while additionally gaining 18.52% during the last 12 months. Deere & Company is said to have a 12-month price target set at $173.74. That means that the stock has a strong potential to acquire -0.74% decrease from the current trading price.
Deere & Company [NYSE:DE]: Analyst Rating and Earnings
Its stock price has been found in the range of 132.68 to 180.48. This is compared to its latest closing price of $174.38.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Wed 27 Nov (In 10 Days).
Fundamental Analysis of Deere & Company [DE]
Now let’s turn to look at profitability: with a current Operating Margin for Deere & Company [DE] sitting at +13.77 and its Gross Margin at +27.38, this company’s Net Margin is now 8.50%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 9.97, and its Return on Invested Capital has reached 7.60%. Its Return on Equity is 22.72, and its Return on Assets is 3.49. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates DE financial performance.
Turning to investigate this organization’s capital structure, Deere & Company [DE] has generated a Total Debt to Total Equity ratio of 374.35. Similarly, its
What about valuation? This company’s Enterprise Value to EBITDA is 11.52 and its Total Debt to EBITDA Value is 5.98. The Enterprise Value to Sales for this firm is now 2.18, and its Total Debt to Enterprise Value stands at 0.52. Deere & Company [DE] has a Price to Book Ratio of 3.75, a Price to Cash Flow Ratio of 23.91 and P/E Ratio of 16.96. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Deere & Company [DE] earns $504,618 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.26 and its Total Asset Turnover is 0.55. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.44 and its Current Ratio is 0.69. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Deere & Company [DE] has 314.69M shares outstanding, amounting to a total market cap of $54.91B. Its stock price has been found in the range of 132.68 to 180.48. At its current price, it has moved down by -3.32% from its 52-week high, and it has moved up 31.50% from its 52-week low.
This stock’s Beta value is currently 1.16, which indicates that it is 1.86% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 51.39. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Deere & Company [DE] a Reliable Buy?
Shares of Deere & Company [DE], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.