Deere & Co. [DE] stock is trading at $408.64, up 0.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The DE shares have lost -0.18% over the last week, with a monthly amount drifted -0.55%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Deere & Co. [NYSE: DE] stock has seen the most recent analyst activity on August 19, 2024, when HSBC Securities downgraded its rating to a Hold. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on August 09, 2024, and set its price target to $400. On July 02, 2024, Truist reiterated its Buy rating and revised its price target to $439 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $420 on June 28, 2024. Citigroup initiated its recommendation with a Neutral and recommended $395 as its price target on June 26, 2024. TD Cowen reiterated a Hold rating for this stock on May 17, 2024, and upped its price target to $390. In a note dated March 14, 2024, Truist initiated an Buy rating and provided a target price of $494 on this stock.
Deere & Co. [DE] stock has fluctuated between $340.20 and $420.47 over the past year. Currently, Wall Street analysts expect the stock to reach $424.7 within the next 12 months. Deere & Co. [NYSE: DE] shares were valued at $408.64 at the most recent close of the market. An investor can expect a potential return of 3.93% based on the average DE price forecast.
Analyzing the DE fundamentals
Deere & Co. [NYSE:DE] reported sales of 55.98B for the trailing twelve months, which represents a drop of -16.70%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.37 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 406.02 points at the first support level, and at 403.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 411.49, and for the 2nd resistance point, it is at 414.35.
Ratios To Look Out For
For context, Deere & Co.’s Current Ratio is 0.68. On the other hand, the Quick Ratio is 0.48, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.00, the price to book ratio is 4.85 and price to earnings (TTM) ratio is 13.94.
Transactions by insiders
Recent insider trading involved Reed Cory J, Pres Ag & Turf, Prod & Prec Ag, that happened on Jun 24 ’24 when 13370.0 shares were sold.
