2.65% volatility in Deere & Co. (DE) last month: This is a red flag warning

On Tuesday, Deere & Co. (NYSE: DE) was 0.35% up from the session before settling in for the closing price of $344.84. A 52-week range for DE has been $340.20 – $441.46.

Annual sales at Industrials sector company grew by 11.08% over the past five years. When this article was written, the company’s average yearly earnings per share was at -26.82%. With a float of $255.37 million, this company’s outstanding shares have now reached $281.58 million.

Let’s look at the performance matrix of the company that is accounted for 83000 employees.

Deere & Co. (DE) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Deere & Co. stocks. The insider ownership of Deere & Co. is 7.33%, while institutional ownership is 71.43%. The most recent insider transaction that took place on Jun 24 ’24, was worth 5,048,913. In this transaction Pres Ag & Turf, Prod & Prec Ag of this company sold 13,370 shares at a rate of $377.63, taking the stock ownership to the 41,642 shares. Before that another transaction happened on Oct 02 ’23, when Company’s Pres, WWC&F and Pwr Systems sold 6,073 for $379.19, making the entire transaction worth $2,302,821. This insider now owns 18,519 shares in total.

Deere & Co. (DE) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.74 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -26.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.60% during the next five years compared to 36.77% growth over the previous five years of trading.

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

You can see what Deere & Co. (DE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 19.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 33.21, a number that is poised to hit 5.80 in the next quarter and is forecasted to reach 24.41 in one year’s time.

Technical Analysis of Deere & Co. (DE)

Deere & Co. (NYSE: DE) saw its 5-day average volume 2.31 million, a positive change from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 9.31%. Additionally, its Average True Range was 9.85.

During the past 100 days, Deere & Co.’s (DE) raw stochastic average was set at 7.58%, which indicates a significant decrease from 11.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.03% in the past 14 days, which was higher than the 22.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $369.77, while its 200-day Moving Average is $381.36. Nevertheless, the first resistance level for the watch stands at $349.51 in the near term. At $352.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $356.36. If the price goes on to break the first support level at $342.66, it is likely to go to the next support level at $339.25. Assuming the price breaks the second support level, the third support level stands at $335.81.

Deere & Co. (NYSE: DE) Key Stats

There are 275,570K outstanding shares of the company, which has a market capitalization of 95.36 billion. As of now, sales total 61,251 M while income totals 10,166 M. Its latest quarter income was 15,235 M while its last quarter net income were 2,370 M.