On Monday, Deere & Co. (NYSE: DE) opened lower -1.33% from the last session, before settling in for the closing price of $377.92. Price fluctuations for DE have ranged from $340.20 to $425.42 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 11.08% over the last five years. Company’s average yearly earnings per share was noted -27.32% at the time writing. With a float of $255.04 million, this company’s outstanding shares have now reached $281.58 million.
The firm has a total of 83000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 39.64%, operating margin of 25.06%, and the pretax margin is 19.31%.
Deere & Co. (DE) Insider Activity
A key investor’s attitude towards the stock of the Farm & Heavy Construction Machinery industry is another important factor to consider. The insider ownership of Deere & Co. is 7.45%, while institutional ownership is 72.40%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -27.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.05% during the next five years compared to 36.77% growth over the previous five years of trading.
Deere & Co. (NYSE: DE) Trading Performance Indicators
Check out the current performance indicators for Deere & Co. (DE). In the past quarter, the stock posted a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 20.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 29.30, a number that is poised to hit 4.20 in the next quarter and is forecasted to reach 22.71 in one year’s time.
Technical Analysis of Deere & Co. (DE)
Analysing the last 5-days average volume posted by the [Deere & Co., DE], we can find that recorded value of 2.14 million was better than the volume posted last year of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 87.72%. Additionally, its Average True Range was 9.70.
During the past 100 days, Deere & Co.’s (DE) raw stochastic average was set at 42.33%, which indicates a significant decrease from 80.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.82% in the past 14 days, which was higher than the 24.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $367.37, while its 200-day Moving Average is $380.72. Now, the first resistance to watch is $378.68. This is followed by the second major resistance level at $384.44. The third major resistance level sits at $387.88. If the price goes on to break the first support level at $369.48, it is likely to go to the next support level at $366.04. Should the price break the second support level, the third support level stands at $360.28.
Deere & Co. (NYSE: DE) Key Stats
There are currently 275,570K shares outstanding in the company with a market cap of 102.76 billion. Presently, the company’s annual sales total 61,251 M according to its annual income of 10,166 M. Last quarter, the company’s sales amounted to 15,235 M and its income totaled 2,370 M.
