A new trading day began on Monday, with Deere & Co. (NYSE: DE) stock price down -0.29% from the previous day of trading, before settling in for the closing price of $346.03. DE’s price has ranged from $340.20 to $441.46 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 11.08%. Meanwhile, its annual earnings per share averaged -27.40%. With a float of $255.37 million, this company’s outstanding shares have now reached $281.58 million.
Let’s determine the extent of company efficiency that accounts for 83000 employees.
Deere & Co. (DE) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Deere & Co. is 7.33%, while institutional ownership is 71.50%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -27.40% 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
Here are Deere & Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 19.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 33.21, a number that is poised to hit 5.69 in the next quarter and is forecasted to reach 24.17 in one year’s time.
Technical Analysis of Deere & Co. (DE)
Looking closely at Deere & Co. (NYSE: DE), its last 5-days average volume was 1.49 million, which is a drop from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 16.13%. Additionally, its Average True Range was 8.78.
During the past 100 days, Deere & Co.’s (DE) raw stochastic average was set at 6.23%, which indicates a significant decrease from 9.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.19% in the past 14 days, which was higher than the 22.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $367.94, while its 200-day Moving Average is $380.77. However, in the short run, Deere & Co.’s stock first resistance to watch stands at $347.48. Second resistance stands at $349.95. The third major resistance level sits at $351.74. If the price goes on to break the first support level at $343.22, it is likely to go to the next support level at $341.43. Now, if the price goes above the second support level, the third support stands at $338.96.
Deere & Co. (NYSE: DE) Key Stats
With a market capitalization of 95.07 billion, the company has a total of 275,570K Shares Outstanding. Currently, annual sales are 61,251 M while annual income is 10,166 M. The company’s previous quarter sales were 15,235 M while its latest quarter income was 2,370 M.
