Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Deere & Co. (NYSE: DE) closed at $405.14 down -1.03% from its previous closing price of $409.37. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 1.39 million shares were traded. DE stock price reached its highest trading level at $409.25 during the session, while it also had its lowest trading level at $396.54.
Ratios:
For a deeper understanding of Deere & Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 2.87 whereas as Long-Term Debt/Eq ratio is at 1.85.
On August 09, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $400.
Truist reiterated its Buy rating for the stock on July 02, 2024, while the target price for the stock was revised from $460 to $439.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 110846304256 and an Enterprise Value of 171810226176. As of this moment, Deere’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.82, and their Forward P/E ratio for the next fiscal year is 18.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 4.81. Its current Enterprise Value per Revenue stands at 3.071 whereas that against EBITDA is 11.961.
Stock Price History:
Over the past 52 weeks, DE has reached a high of $420.47, while it has fallen to a 52-week low of $340.20. The 50-Day Moving Average of the stock is 3.61%, while the 200-Day Moving Average is calculated to be 5.26%.
Shares Statistics:
For the past three months, DE has traded an average of 1.40M shares per day and 888920 over the past ten days. A total of 281.58M shares are outstanding, with a floating share count of 253.40M. Insiders hold about 7.38% of the company’s shares, while institutions hold 71.88% stake in the company. Shares short for DE as of 1727654400 were 5516057 with a Short Ratio of 3.94, compared to 1724976000 on 5036328. Therefore, it implies a Short% of Shares Outstanding of 5516057 and a Short% of Float of 2.02.
Dividends & Splits
According to the company, the forward annual dividend rate for DE is 5.88, from 5.76 in the trailing year. Against a Trailing Annual Dividend Yield of 0.014070402The stock’s 5-year Average Dividend Yield is 1.31.
