Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Deere & Co (NYSE: DE) closed the day trading at $448.12 down -1.78% from the previous closing price of $456.26. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 1.15 million shares were traded. DE stock price reached its highest trading level at $458.365 during the session, while it also had its lowest trading level at $447.93.
Ratios:
For a better understanding of DE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.64. In the meantime, Its Debt-to-Equity ratio is 2.85 whereas as Long-Term Debt/Eq ratio is at 1.89.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on November 22, 2024, Reiterated its Outperform rating but revised its target price to $477 from $448 previously.
On August 09, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $400.BMO Capital Markets initiated its Market Perform rating on August 09, 2024, with a $400 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 24 ’24 when Reed Cory J sold 13,370 shares for $377.63 per share. The transaction valued at 5,048,913 led to the insider holds 41,642 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DE now has a Market Capitalization of 124832776192 and an Enterprise Value of 171760975872. As of this moment, Deere’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.51, and their Forward P/E ratio for the next fiscal year is 19.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 5.32. Its current Enterprise Value per Revenue stands at 3.07 whereas that against EBITDA is 11.958.
Stock Price History:
Over the past 52 weeks, DE has reached a high of $469.39, while it has fallen to a 52-week low of $340.20. The 50-Day Moving Average of the stock is 7.74%, while the 200-Day Moving Average is calculated to be 14.73%.
Shares Statistics:
Over the past 3-months, DE traded about 1.21M shares per day on average, while over the past 10 days, DE traded about 1838410 shares per day. A total of 273.60M shares are outstanding, with a floating share count of 253.38M. Insiders hold about 7.39% of the company’s shares, while institutions hold 72.21% stake in the company. Shares short for DE as of 1730332800 were 5372805 with a Short Ratio of 4.19, compared to 1727654400 on 5516057. Therefore, it implies a Short% of Shares Outstanding of 5372805 and a Short% of Float of 1.97.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.31.
