Deere & Co. (NYSE: DE) kicked off on Tuesday, down -1.53% from the previous trading day, before settling in for the closing price of $412.35. Over the past 52 weeks, DE has traded in a range of $340.20-$420.47.
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A company in the Industrials sector has jumped its sales by 11.08% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -27.82%. With a float of $253.39 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
Our next focus will be how large-scale investors are participating in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Deere & Co. is 7.39%, while institutional ownership is 71.87%. 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
According to the Wall Street analysts, stocks earnings will be around -27.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.12% during the next five years compared to 36.77% growth over the previous five years of trading.
Deere & Co. (NYSE: DE) Trading Performance Indicators
Take a look at Deere & Co.’s (DE) current performance indicators. Last quarter, stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.98. Likewise, its price to free cash flow for the trailing twelve months is 22.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 29.31, a number that is poised to hit 3.90 in the next quarter and is forecasted to reach 22.01 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 0.8 million. That was inferior than the volume of 1.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.20%. Additionally, its Average True Range was 7.04.
During the past 100 days, Deere & Co.’s (DE) raw stochastic average was set at 82.02%, which indicates a significant increase from 52.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.13% in the past 14 days, which was lower than the 23.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $399.07, while its 200-day Moving Average is $385.54. However, in the short run, Deere & Co.’s stock first resistance to watch stands at $409.62. Second resistance stands at $413.21. The third major resistance level sits at $415.41. If the price goes on to break the first support level at $403.83, it is likely to go to the next support level at $401.63. The third support level lies at $398.04 if the price breaches the second support level.
Deere & Co. (NYSE: DE) Key Stats
The company with the Market Capitalisation of 111.09 billion has total of 273,600K Shares Outstanding. Its annual sales at the moment are 61,251 M in contrast with the sum of 10,166 M annual income. Company’s last quarter sales were recorded 13,152 M and last quarter income was 1,734 M.
