Is Deere & Co (NYSE: DE) Poised For Further Gains At A 33.24% Distance From The Low?

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Deere & Co (NYSE:DE)’s traded shares stood at 0.82 million during the last session, with the company’s beta value hitting 1.10. At the close of trading, the stock’s price was $509.59, to imply a decrease of -1.41% or -$7.27 in intraday trading. The DE share’s 52-week high remains $533.78, putting it -4.75% down since that peak but still an impressive 33.24% since price per share fell to its 52-week low of $340.20.

Analysts have given a consensus recommendation of Buy for Deere & Co (DE), translating to a mean rating of 2.36. Of 18 analyst(s) looking at the stock, 0 analyst(s) give DE a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 12 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 4.67.

Deere & Co (NYSE:DE) trade information

After registering a -1.41% downside in the last session, Deere & Co (DE) has traded red over the past five days. The 5-day price performance for the stock is -2.00%, and 2.43% over 30 days. With these gigs, the year-to-date price performance is 20.27%.

The extremes give us $510 and $619 for target low and target high price respectively. As such, DE has been trading -21.47% off suggested target high and -0.08% from its likely low.

Deere & Co (DE) estimates and forecasts

The rating firms project that company’s revenue will shrink -14.78% compared to the previous financial year.

Revenue forecast for the current quarter as set by 10 analysts is 10.32B. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 9.9B.Earnings reports from the last fiscal year show that sales brought in 11.39B and 9.28B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -9.36% before jumping 6.76% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 20.35% for the past 5-year period. While 2025 is set for a -26.58% return in earnings, projections for the next 5 years are at 0.75% annually.

DE Dividends

Deere & Co has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Deere & Co has a forward dividend ratio of 6.18, with the share yield ticking at 1.21% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is BLACKROCK INC. with 16.36 million shares, or about 5.9608% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.11 billion.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Deere & Co (DE) shares. Going by data provided on Mar 31, 2025 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 8.14 shares. This is just over 3.01% of the total shares, with a market valuation of $4.15 billion. Data from the same date shows that the other fund manager holds a little less at 7.04, or 2.60% of the shares, all valued at about 3.59 billion.

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