Deere & Co. (DE) recently have taken one step ahead with the beta value of 1.04

Deere & Co. (NYSE: DE) established initial surge of 0.21% at $412.84, before settling in for the price of $411.97 at the close. Taking a more long-term approach, DE posted a 52-week range of $345.55-$450.00.

The Industrials Sector giants’ yearly sales growth during the last 5-year period was 11.08%. Meanwhile, its Annual Earning per share during the time was 36.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -21.13%. This publicly-traded company’s shares outstanding now amounts to $281.58 million, simultaneously with a float of $258.17 million. The organization now has a market capitalization sitting at $114.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $384.93, while the 200-day Moving Average is $392.08.

Deere & Co. (DE) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Deere & Co. industry. Deere & Co.’s current insider ownership accounts for 7.25%, in contrast to 70.69% institutional ownership. According to the most recent insider trade that took place on Oct 02 ’23, this organization’s Pres, WWC&F and Pwr Systems sold 6,073 shares at the rate of 379.19, making the entire transaction reach 2,302,821 in total value, affecting insider ownership by 18,519. Preceding that transaction, on Jul 25 ’23, Company’s Pres Ag & Turf, Prod & Prec Ag sold 4,680 for 449.75, making the whole transaction’s value amount to 2,104,830. This particular insider is now the holder of 36,563 in total.

Deere & Co. (DE) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 1/30/2024, it has been observed that the corporation posted $6.23 earnings per share (EPS) during the time that was better the consensus figure (set at $5.21) by $1.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.98 per share during the current fiscal year.

Deere & Co.’s EPS decrease for this current 12-month fiscal period is -21.13% and is forecasted to reach 27.48 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -6.80% through the next 5 years, which can be compared against the 36.77% growth it accomplished over the previous five years trading on the market.

Deere & Co. (NYSE: DE) Trading Performance Indicators

Let’s observe the current performance indicators for Deere & Co. (DE). It’s Quick Ratio in the last reported quarter now stands at 0.44. The Stock has managed to achieve an average true range (ATR) of 6.53. Alongside those numbers, its PE Ratio stands at $12.03, and its Beta score is 1.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.89. Similarly, its price to free cash flow for trailing twelve months is now 25.80.

In the same vein, DE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 34.33, a figure that is expected to reach 7.86 in the next quarter, and analysts are predicting that it will be 27.48 at the market close of one year from today.

Technical Analysis of Deere & Co. (DE)

Now, what If we examine the latest scores posted by [Deere & Co., DE]. During the last 5-days, its volume was lower the volume of 1.49 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 80.97% While, its Average True Range was 6.56.

Raw Stochastic average of Deere & Co. (DE) in the period of the previous 100 days is set at 96.82%, which indicates a major rise in contrast to 89.43% 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 14.10% that was lower than 21.22% volatility it exhibited in the past 100-days period.