Deere & Co (DE)

DE (NYSE:Industrial) EQUITY
$121.71
pos +0.81
+0.67%
Today's Range: 120.12 - 122.50 | DE Avg Daily Volume: 2,166,600
Last Update: 05/22/17 - 4:00 PM EDT
Volume: 4,421,066
YTD Performance: 17.33%
Open: $122.08
Previous Close: $120.90
52 Week Range: $76.73 - $122.24
Oustanding Shares: 318,283,154
Market Cap: 35,860,962,961
6-Month Chart
TheStreet Ratings Grade for DE
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 7 7 6 6
Moderate Buy 0 0 0 0
Hold 8 8 8 8
Moderate Sell 0 0 0 0
Strong Sell 5 5 5 5
Mean Rec. 2.77 2.77 2.86 2.86
Latest Dividend: 0.60
Latest Dividend Yield: 2.13%
Dividend Ex-Date: 03/29/17
Price Earnings Ratio: 30.13
Price Earnings Comparisons:
DE Sector Avg. S&P 500
30.13 24.40 29.10
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
9.64% 46.99% 33.34%
GROWTH 12 Mo 3 Yr CAGR
Revenue -8.90 -0.30 -0.11
Net Income -21.60 -0.60 -0.24
EPS -16.60 -0.50 -0.19
Earnings for DE:
EBITDA 0.48B
Revenue 24.13B
Average Earnings Estimates
Qtr (07/17) Qtr (10/17) FY (10/17) FY (10/18)
Average Estimate $1.55 $1.09 $4.95 $5.61
Number of Analysts 10 10 12 11
High Estimate $2.02 $1.21 $5.50 $6.40
Low Estimate $1.30 $1.01 $4.60 $5.00
Prior Year $1.55 $0.90 $4.81 $4.95
Growth Rate (Year over Year) 0.26% 21.44% 2.84% 13.50%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
RMPIA
By

Jim Cramer

 | May 19, 2017 | 1:04 PM EDT
With stocks rebounding, investors face a tough choice.
RMPIA
By

Jim Cramer

 | May 19, 2017 | 8:06 AM EDT
Autodesk gained 183,000 customers who now pay on a subscription model, 90% recurring revenue.
By

Paul Price

 | May 19, 2017 | 7:00 AM EDT
Those who buy when others throw in the towel can profit by being early and patient.
By

Bruce Kamich

 | May 16, 2017 | 10:08 AM EDT
A review of the current state of the indicators gives us confidence to put forth higher price targets.
RMPIA
By

Doug Kass

 | May 9, 2017 | 3:45 PM EDT
  Any day that starts with commentary by Sam Zell (on Squawk Box)... is a good day.  Energy Select Sector SPDR (ETF) (XL …
By

Doug Kass

 | May 5, 2017 | 8:06 AM EDT
Coca-Cola (KO) . Old economy. IBM (IBM) . Old economy. American Express (AXP) . Losing its franchise value in a more-commoditized market for financial products. Wells Fargo (WFC) . A plodding and undifferentiated super-regional bank. Deere (DE) . A casualty of exported commodity deflation. Wal-Mart (WMT) . Very old economy.       Expensive Acquisitions of Mature Businesses As 85-year-old Buffett's unparalleled career closes in on its final decade, we can see that many of Berkshire's acquisitions over the past five to eight years represent The Oracle's legacy. The recent acquisition of Precision Castparts and other firms solidify a more bullet-proof Berkshire portfolio that's increasingly insulated from catastrophic events in its numerous business lines. But there's a price to the reduced vulnerability that Berkshire has gained from diversification and massive size -- much slower growth. As I've previously written, Buffett "used to 'chase gazelles' in his acquisitions, buying companies that were available on the cheap due to controversies (i.e., Geico, Coca-Cola and American Express). But now, he chases elephants -- slow-growing and mature companies that sell for expensive prices." Rejecting Innovation and Favoring Cash Flow Buffett only invested in technology in recent years via Berkshire's purchase of a large stake in IBM (a deal that hasn't worked out very well so far). As the Oracle wrote in this weekend's letter to shareholders: "I now spend 10 hours a week playing bridge online. And as I write this letter, 'search' is invaluable to me. (I'm not ready for Tinder, however.)" The 85-year-old very late to the party -- and after Berkshire's poor IBM experience, he's not likely to embrace the future opportunities in technology as aggressively as perhaps he should. Are Auto Dealerships Another Big Misstep? "This is the beginning of a journey that will have no end. Cecil and Larry (Van Tuyl) have given us the ideal platform with which to build an auto-dealership business that will be thriving and growing 50 and 100 years from now. The fun has just started." -- Warren Buffett, on buying Van Tuyl Group of auto dealerships, as quoted in Automotive News (March 10, 2015) I'd like to highlight Berkshire's recent purchase of the Van Tuyl Group of auto dealerships because I think he might have been investing in another industry whose moat isn't as secure as he believes. It's worth noting that in buying Burlington Northern a few years back, Buffett failed to envision the declining role of coal (a key railroad cargo) in the U.S. economy. It turns out that Burlington's competitive moat was far less secure than it appeared when Berkshire acquired the
RMPIA
By

Doug Kass

 | Apr 25, 2017 | 3:17 PM EDT
* Biotech (Allergan (AGN) , Celgene (CELG) and Gilead Sciences (GILD) ) * Speculative biotech ( ZIOPHARM Oncology (ZIOP) ,   SAGE Therapeutics (SAGE) , Intrexon (XON) , Valeant Pharmaceuticals (VRX) ,   ACADIA Pharmaceuticals (ACAD) , FibroGen  (FGEN) ). * DuPont (DD) , Netflix (NFLX) , Baidu (BIDU) , Radian (RDN) and Biogen   (BIIB) . * New tech - (T)FANG (TSLA) , (FB) , (AAPL) , (NFLX) , (GOOGL) . * Chipotle Mexican Grill (
RMPIA
By

Doug Kass

 | Apr 17, 2017 | 3:19 PM EDT
  Doug Kass frdgrouper1 • 2 hours ago Yes the character/complexion of the market may be in the process of changing. But in a world in which algos/machines control the daily action I will remain opportunistic and reactionary rather than dogmatic and anticipatory, The environment I see favors opportunistic traders. For those with a one year time frame - I would be medium sized short. But I am of the belief that I can trade actively, for a portion of my portfolio and capitalize on near term moves .... A number of reasons, many of which were cited in my bond piece. Above all I am trading opportunistically - trying to stay away from dogma and readjusting to events and prices. Some of Trump's moves, evidence that flight to safety may be abandoned over the short term, etc. I remain quite bearish over the intermediate term (3-1 downside/upside) but I have been dedicated to being more reactionary and less anticipatory - taking on positions (away from long/short investments) in trading rentals (leveraged ETFs, even put options as I did with SPY puts a few weeks ago) measured in days/weeks rather than weeks/months. It seems to be working ok.   I will have more on opportunistically trading tomorrow morning.   * The US Dollar weakened in today's trading session. * The price of crude oil fell by fifty cents to $52.70. * Gold rallied by +$2.70. (at $122.5 I would be a seller of (GLD) ). * Ag commodities got schmeissed (watch out fertilizers): wheat -8, corn -4.50, soybeans -1.50 and oats -4. * Lumber unchanged. * Interesting day in bonds - with a near five basis point move higher in yield from the day's lows. * On the day, yields +2-3 basis points. * The 2s/10s spread increased by two basis points to 105 basis points. * Junk rallied - I am laser focused on the spread to Treasuries. That spread is narrow relative to three months ago, suggesting some acceleration in domestic growth lies ahead. * Municipals were unchanged as were closed end muni bond fund prices. * Banks rallied, by only modestly so. * Brokerages were stronger - and as I suggested in my tactical piece on financials - could have room to run/ I plan to short, but will give the group a wider perch. * Insurance rallied. Hartford Financial Services (HIG) has a nice "look" to it. * Retail remains a mine field of disappointment. * Autos better on a Barrons Ford (F) push. Still very much a value trap to me. * Biotech lagged with Allergan (AGN) and Gillead (GILD) weak. Speculative biotech little price action. * Big pharma hurt by Incyte/Lilly (INCY) / (LLY) news. * Ag equipment up - both Deere (DE) and Caterpillar (CAT) up two bits. * Consumer staples well bid. Campbell Soup (CPB) better after Thursday's weakness. * Media is mixed with Disney (DIS) on the upside. * Fertilizers had a small bid despite a weakening agricultural commodities complex. * Rails higher, but fractionally so. * The optical space was flat today - OCLR has no bounce and I still am indifferent towards name which has been accumulated by some with an eye at a takeover (seems unlikely). * (T)FANG still an upside market feature - though Tesla (TSLA) down a deuce. Amazon (AMZN) is still a monster. * In individual names, Apple (AAPL) up two bits after recent weakness. Bounces in Twitter (TWTR) and RDN. Here are some value added contributions on our site today: 1. Jim "El Capitan" Cramer likes the data " over there."  2. "Meet" Bret Jensen sees fading momentum in the markets.  Based on my moves today I can obviously see a better market, over the near term, so stay tuned. 3. RevShark looks like he could go either way (though he doesn't trust the upside that much) - he is a reactionary type of guy! (Who I hope to learn from one day!!) Here  and here 4. Divine Ms M is more in the rally camp (where I reside).  5. Bobby Lang dislikes Goldman Sachs (GS)  .I closed out my GS short profitably 1-2 weeks ago and I can see a rally in the name, subject to tomorrow's EPS report. The stock remains on my Best Ideas List and I plan to short on a +5% move or so.    
RMPIA
By

Doug Kass

 | Apr 12, 2017 | 3:12 PM EDT
The Good * Gold continues its rally (+$3). * Big Pharma better -- especially of a Johnson & Johnson (JNJ) kind. * Speculative biotech improving - especially of a Sage Therapeutics (SAGE) kind (a Bobby Lang pick!). ZIOPHARM Oncology (ZIOP) +10%. *Chipotle Mexican Grill (CMG) continues its impressive advance. * Incyte (INCY) +! * Campbell Soup (CPB) in face of a strong consumer staples look. The Bad  
By

Doug Kass

 | Apr 12, 2017 | 10:48 AM EDT
Longtime fave Radian Group (RDN) looks like it is making a move toward its old highs. Twitter (TWTR) is up about $0.40 in the early going. I add almost every day to this large holding. I appear to be in a minority of one! Bonds continue to benefit from geopolitical tensions. I am using the strength to continue to short iShares 20+ Year Treasury Bond ETF (TLT) . Banks continue to underperform, in some measure because of the low level of rates, the continued flattening in the 2s/10s curve and disappointing commercial and industrial loan demand. I would avoid all things financial for now, as you all know.  Retail, after a few good days, looks like it is meeting some resistance. Consumer staples are picking up a bid today on a weaker U.S. dollar. I have been adding to Campbell Soup (CPB) recently. Caterpillar (CAT) headed back lower after Deere's (DE) reasonably good retail sales data. Overall, I continue to see individual stocks and many sectors as rolling over. Ludacris Forecast: Steve Bannon doesn't last the week.
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