Deere & Co. (DE) poses a Brand-New Opportunity for Investors with beta value of 0.93

Deere & Co. (NYSE: DE) open the trading on Wednesday, with great promise as it jumped 1.62% to $391.95, before settling in for the price of $385.69 at the close. Taking a more long-term approach, DE posted a 52-week range of $340.20-$423.35.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth 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 -27.50%. This publicly-traded company’s shares outstanding now amounts to $281.58 million, simultaneously with a float of $253.54 million. The organization now has a market capitalization sitting at $107.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $368.67, while the 200-day Moving Average is $381.11.

Deere & Co. (DE) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Farm & Heavy Construction Machinery industry. Deere & Co.’s current insider ownership accounts for 7.33%, in contrast to 72.50% institutional ownership. According to the most recent insider trade that took place on Jun 24 ’24, this organization’s Pres Ag & Turf, Prod & Prec Ag sold 13,370 shares at the rate of 377.63, making the entire transaction reach 5,048,913 in total value, affecting insider ownership by 41,642. Preceding that transaction, on Oct 02 ’23, Company’s Pres, WWC&F and Pwr Systems sold 6,073 for 379.19, making the whole transaction’s value amount to 2,302,821. This particular insider is now the holder of 18,519 in total.

Deere & Co. (DE) Earnings and Revenue Records

Deere & Co.’s EPS decrease for this current 12-month fiscal period is -27.50% and is forecasted to reach 22.48 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -11.05% 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 0.48. The Stock has managed to achieve an average true range (ATR) of 8.36. Alongside those numbers, its PE Ratio stands at $13.37, and its Beta score is 0.93. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.92. Similarly, its price to free cash flow for trailing twelve months is now 21.40.

In the same vein, DE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 29.31, a figure that is expected to reach 4.04 in the next quarter, and analysts are predicting that it will be 22.48 at the market close of one year from today.

Technical Analysis of Deere & Co. (DE)

[Deere & Co., DE] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 85.30% While, its Average True Range was 8.22.

Raw Stochastic average of Deere & Co. (DE) in the period of the previous 100 days is set at 66.98%, which indicates a major fall in contrast to 83.70% 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 27.44% that was higher than 24.93% volatility it exhibited in the past 100-days period.