Witnessing the stock’s movement on the chart, on May 24, 2023, Deere & Company (NYSE: DE) had a quiet start as it plunged -1.78% to $354.08. During the day, the stock rose to $358.69 and sunk to $353.00 before settling in for the price of $360.48 at the close. Taking a more long-term approach, DE posted a 52-week range of $283.81-$448.40.
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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 11.90%. Meanwhile, its Annual Earning per share during the time was 28.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 22.60%. This publicly-traded company’s shares outstanding now amounts to $297.60 million, simultaneously with a float of $295.70 million. The organization now has a market capitalization sitting at $106.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $383.32, while the 200-day Moving Average is $395.08.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 82200 employees. It has generated 638,808 per worker during the last fiscal year. Meanwhile, its income per employee was 86,752. The stock had 2.05 Receivables turnover and 0.60 Total Asset turnover. For the Profitability, stocks gross margin was +29.22, operating margin was +18.63 and Pretax Margin of +17.38.
Deere & Company (DE) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Farm & Heavy Construction Machinery industry. Deere & Company’s current insider ownership accounts for 0.10%, in contrast to 78.50% institutional ownership. According to the most recent insider trade that took place on Dec 01, this organization’s Pres, WWC&F and Pwr Systems sold 11,429 shares at the rate of 439.69, making the entire transaction reach 5,025,217 in total value, affecting insider ownership by 13,147. Preceding that transaction, on Nov 29, Company’s Sr Advisor, Office of Chairman sold 10,910 for 442.79, making the whole transaction’s value amount to 4,830,881. This particular insider is now the holder of 17,321 in total.
Deere & Company (DE) Earnings and Revenue Records
As on 4/29/2023, Multinational firm has announced its last quarter scores, in which it reported $8.93 earnings per share (EPS) for the period topping the consensus outlook (set at $7.94) by $0.99. This company achieved a net margin of +13.58 while generating a return on equity of 36.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.97 per share during the current fiscal year.
Deere & Company’s EPS increase for this current 12-month fiscal period is 22.60% and is forecasted to reach 32.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.14% through the next 5 years, which can be compared against the 28.40% growth it accomplished over the previous five years trading on the market.
Deere & Company (NYSE: DE) Trading Performance Indicators
Let’s observe the current performance indicators for Deere & Company (DE). The Stock has managed to achieve an average true range (ATR) of 9.74. Alongside those numbers, its PE Ratio stands at $13.13, and its Beta score is 1.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.93. Similarly, its price to free cash flow for trailing twelve months is now 161.29.
In the same vein, DE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 26.96, a figure that is expected to reach 8.17 in the next quarter, and analysts are predicting that it will be 32.06 at the market close of one year from today.
Technical Analysis of Deere & Company (DE)
Going through the that latest performance of [Deere & Company, DE]. Its last 5-days volume of 3.26 million indicated improvement to the volume of 1.64 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 10.27% While, its Average True Range was 10.06.
Raw Stochastic average of Deere & Company (DE) in the period of the previous 100 days is set at 1.17%, which indicates a major fall in contrast to 2.70% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.61% that was lower than 29.54% volatility it exhibited in the past 100-days period.
