Investors must take note of Deere & Co.’s (DE) performance last week, which was -0.57%.

On Friday, Deere & Co. (NYSE: DE) was 0.89% up from the session before settling in for the closing price of $405.14. A 52-week range for DE has been $340.20 – $420.47.

A company in the Industrials sector has jumped its sales by 11.08% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -27.76%. With a float of $253.40 million, this company’s outstanding shares have now reached $281.58 million.

In an organization with 83000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 39.58%, operating margin of 24.97%, and the pretax margin is 19.31%.

Deere & Co. (DE) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Deere & Co. stocks. The insider ownership of Deere & Co. is 7.38%, while institutional ownership is 71.88%. 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.

Deere & Co. (DE) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted 8.32 earnings per share (EPS) during the time that was better than consensus figure (set at 7.47) by 0.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.23 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -27.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.50% 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 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.00. Likewise, its price to free cash flow for the trailing twelve months is 22.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 29.31, a number that is poised to hit 3.92 in the next quarter and is forecasted to reach 22.17 in one year’s time.

Technical Analysis of Deere & Co. (DE)

Let’s dig in a bit further. During the last 5-days, its volume was 0.97 million. That was inferior than the volume of 1.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.77%. Additionally, its Average True Range was 7.80.

During the past 100 days, Deere & Co.’s (DE) raw stochastic average was set at 85.37%, which indicates a significant increase from 50.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.35% in the past 14 days, which was lower than the 23.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $392.21, while its 200-day Moving Average is $384.99. However, in the short run, Deere & Co.’s stock first resistance to watch stands at $410.81. Second resistance stands at $412.88. The third major resistance level sits at $416.19. If the price goes on to break the first support level at $405.43, it is likely to go to the next support level at $402.12. The third support level lies at $400.05 if the price breaches the second support level.

Deere & Co. (NYSE: DE) Key Stats

There are 275,570K outstanding shares of the company, which has a market capitalization of 111.83 billion. As of now, sales total 61,251 M while income totals 10,166 M. Its latest quarter income was 13,152 M while its last quarter net income were 1,734 M.