Deere & Company (NYSE:DE – Get Free Report) is projected to issue its Q3 2025 quarterly earnings data before the market opens on Thursday, August 14th. Analysts expect the company to announce earnings of $4.62 per share and revenue of $10.33 billion for the quarter.
Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The industrial products company reported $6.64 earnings per share for the quarter, beating the consensus estimate of $5.72 by $0.92. Deere & Company had a net margin of 12.40% and a return on equity of 24.39%. The firm had revenue of $11.17 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same quarter in the prior year, the business earned $8.53 earnings per share. The business’s quarterly revenue was down 17.9% compared to the same quarter last year. On average, analysts expect Deere & Company to post $19 EPS for the current fiscal year and $22 EPS for the next fiscal year.
Deere & Company Price Performance
Shares of NYSE DE opened at $507.38 on Tuesday. The firm’s 50-day moving average price is $512.46 and its 200-day moving average price is $489.58. Deere & Company has a 1-year low of $343.90 and a 1-year high of $533.78. The firm has a market capitalization of $137.41 billion, a P/E ratio of 24.55, a P/E/G ratio of 3.24 and a beta of 1.06. The company has a current ratio of 2.11, a quick ratio of 1.89 and a debt-to-equity ratio of 1.76.
Deere & Company Dividend Announcement
Institutional Inflows and Outflows
An institutional investor recently raised its position in Deere & Company stock. Brighton Jones LLC grew its stake in shares of Deere & Company (NYSE:DE – Free Report) by 39.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,548 shares of the industrial products company’s stock after acquiring an additional 1,278 shares during the period. Brighton Jones LLC’s holdings in Deere & Company were worth $1,927,000 at the end of the most recent reporting period. 68.58% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
DE has been the topic of a number of analyst reports. DA Davidson restated a “buy” rating and issued a $542.00 target price on shares of Deere & Company in a report on Friday, May 16th. Evercore ISI upped their target price on shares of Deere & Company from $455.00 to $493.00 and gave the stock an “in-line” rating in a report on Monday, May 19th. Barclays upped their target price on shares of Deere & Company from $475.00 to $530.00 and gave the stock an “overweight” rating in a report on Friday, May 16th. Oppenheimer upped their target price on shares of Deere & Company from $555.00 to $560.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $460.00 target price (up previously from $425.00) on shares of Deere & Company in a report on Wednesday, May 21st. One analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $523.93.
Deere & Company Company Profile
Deere & Co engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.
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