CNH Industrial NV

Deere & Company (DE) reported slightly better-than-expected earnings results for the fourth quarter. However, the shares fell 4% in the pre-market trade.

Sluggish top-line growth will likely weigh on Deere’s fourth-quarter earnings. Analysts expect the company’s revenues to increase 2.2% YoY.

DowDuPont’s consensus target price is $67.43, which implies a potential return of 23.3% over the closing price of $54.72 as of February 27.

Deere (DE) is expected to report revenues of $6.82 billion in the first quarter from its equipment operations.

Deere (DE) is scheduled to announce its earnings for the first quarter of fiscal 2019 on February 15 before the market opens.

On January 10, 2019, Deere (DE) announced that it had received six AE50 awards.

Deere (DE) is expected to post adjusted EPS of $2.45 for the fourth quarter, an increase of 56% on a YoY basis.

Deere (DE) is expected to report Q4 revenues of $8.57 billion from its equipment operations.

Deere’s continued revenue growth due to positive developments could help the stock recover some of its lost ground.

Cummins (CMI) announced that it would display the new QSG12 50 HZ diesel generator series at the MATELEC show in Madrid, Spain.

DowDuPont’s (DWDP) Agriculture segment accounted for 9.7% of DWDP’s Q3 2018 revenues compared to 10.5% in Q3 2017 on a pro forma basis.

Deere’s senior management will undergo a planned retirement at the end of 2018. The changes will be effective on November 15.

On September 26, Deere (DE) announced that it completed the acquisition of PLA. Deere entered the definitive agreement to acquire PLA in July.

So far in 2018, Deere (DE) has underperformed the broader market S&P 500 (SPY).

On September 18, Deere announced the launch of the new L-series II and Wheeled Feller Bunchers. The new series has a simplified design.

Deere stock rose 0.1% and closed at $147.76 for the week ending September 14. The stock traded 2.2% above its 100-day moving average price of $144.61.

Yesterday, John Deere (DE) announced in a press release that it has entered into a strategic supplier agreement with the Germany-based Wacker Neuson.

Although Deere stock is still down 6.6% year-to-date, analysts are bullish on the stock.

On August 29, Deere announced the regular quarterly dividend on its outstanding shares. The dividend is expected to be paid on November 1.

On August 22, Deere (DE) introduced the new John Deere DN495 Spinner Spreader for the F4365 high-capacity nutrient applicator.

Deere (DE) announced its fiscal Q3 2018 earnings before the market opened on August 17. Its adjusted EPS was $2.59, a 31.5% rise YoY.

As of August 14, Deere’s forward PE multiple was at 12.5x, while Caterpillar’s PE multiple was at 11.0x. Deere is trading at a premium compared to Caterpillar.

For Deere, 65% of the analysts recommend a “buy,” 31% recommend a “hold,” and 4% recommend a “sell.”

Deere (DE) is expected to post an adjusted EPS of $2.75 for the third fiscal quarter—an increase of 44% on a YoY (year-over-year) basis.

Deere (DE) is expected to report revenues of $9.21 billion in the third fiscal quarter from its equipment operations.

DowDuPont’s (DWDP) Material Science segment, which will be spun off and called Dow by the end of Q1 2019, accounted for 51.9% of DWDP’s total revenues in Q2 2018.

On July 31, Deere (DE) announced that it has entered into a definitive agreement to acquire PLA—an Argentinian-based company.

On May 30, Deere (DE) declared a dividend of $0.69 per share for shareholders as of June 29, which represents a 15% increase over its previous dividend of $0.60 per share.

Deere & Company (DE) announced its fiscal second-quarter earnings before the market opened on May 18.

Deere (DE) is scheduled to announce its fiscal second-quarter earnings on May 18 before the market opens.

Deere & Company’s (DE) stock price declined 9.7% and closed at $148.00 for the week ended March 23, 2018.

In 2018, Deere’s (DE) stock performance has been muted.

In this part, we’ll compare Deere’s (DE) valuation with peers’.

Based on the latest short interest report on March 1, 2018, Deere’s (DE) short interest has fallen since the beginning of 2018.

A dividend yield is the return investors get for every dollar they invest in a company’s equity during their holding period.

Deere (DE) has declared its regular cash dividend for 2Q18 to common equity shareholders.

In fiscal 1Q18, Deere & Company’s (DE) Construction & Forestry segment reported revenue of $1.7 billion.

Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator. It reported revenue of $4.2 billion in fiscal 1Q18.

In fiscal 1Q18, Deere & Company (DE) reported total revenue of $6.9 billion inclusive of financial services and other revenue.

Deere & Company (DE) announced its fiscal 1Q18 earnings before the market opened on February 16, 2018.

Deere (DE) is expected to report revenues of $6.4 billion in fiscal 1Q18 from its equipment operations.

Deere (DE) will announce its fiscal 1Q18 earnings on February 16, 2018, before the market opens.

As of December 14, 2017, Deere has risen 45.0% and managed to outperform the broad-based SPDR S&P 500 ETF (SPY), which has returned 18.80%.

Deere’s dividend yield has fallen since 3Q15 due to the lack of dividend growth and considerable growth in its stock price.

Deere’s board has declared the regular quarterly dividend that will be paid on its outstanding shares. Deere will be paying a dividend of $0.60 per share.

Deere (DE) announced its fiscal 2Q17 earnings on May 19, 2017, before the market opened. Deere reported EPS of $2.49 and beat analysts’ estimate.

As of April 4, 2017, Deere’s (DE) stock price closed at $109.50. With DE’s 2Q17 quarterly dividend of $0.60 per share, DE’s current dividend yield stands at 2.2%.

As of April 4, 2017, Deere’s (DE) YTD (year-to-date) stock performance has been positive with a return of 6.3%.

On January 19, 2017, Longbow Research upgraded PACCAR’s rating to “neutral” from “underperform.”

PACCAR (PCAR) has a market cap of $23.4 billion. It rose 1.8% to close at $67.52 per share on January 13, 2017.

PACCAR’s (PCAR) cash and marketable debt securities fell 17.1%, and its inventories rose 3.5% between 3Q16 and 4Q15.

PACCAR (PCAR) has a market cap of $23.9 billion. It fell 0.57% to close at $67.68 per share on December 9, 2016.

Deere (DE) Financial Services represented 11.5% of the company’s revenues in 4Q16, which is higher than 9.7% in 4Q15.

Purdue University’s agriculture economy barometer measures producer sentiment and the health of the agriculture economy based on a monthly survey of 400 US producers.

Deere & Company, the world’s largest manufacturer of tractors and harvesting combines, is scheduled to declare its earnings for fiscal 4Q16 on November 23, 2016.

PACCAR (PCAR) has a market cap of $20.6 billion. It rose 1.5% to close at $58.78 per share on September 30, 2016.

PACCAR (PCAR) has a market cap of $20.2 billion. It fell 1.4% to close at $56.36 per share on September 13, 2016.

PCAR is trading 2.9% below its 20-day moving average, 2.1% above its 50-day moving average, and 9.2% above its 200-day moving average.

Deere & Company’s (DE) financial services (IYF) unit represented 10.2% of revenues in 3Q16, which is comparable to levels of 10.4% in 3Q15.

Deere & Company (DE) expects demand for the farm (MOO) equipment machinery in the US and Canada region to be subdued in the rest of the year.

PACCAR (PCAR) has a market cap of $20.3 billion. It rose by 4.4% to close at $58.36 per share on July 26, 2016.

PACCAR (PCAR) is trading 1.9% above its 20-day moving average, 1.1% below its 50-day moving average, and 4.1% above its 200-day moving average.

PACCAR (PCAR) has a market cap of $18.6 billion. It rose by 1.7% to close at $53 per share on July 11, 2016.

PACCAR (PCAR) has a market cap of $17.1 billion. Its stock fell by 6.0% to close at $48.88 per share on June 27, 2016.

Paccar (PCAR) has a market cap of $19.2 billion. It fell by 2.4% to close at $54.90 per share on June 3, 2016.

PACCAR (PCAR) has a market cap of $20.5 billion. PCAR rose by 5.1% to close at $58.93 per share on April 26, 2016.

Yields on high yield bonds, as measured by the BofA Merrill Lynch US High Yield Master II Effective Yield, have fallen since early March. They ended March 15 at 8.39%.

Investor flows into high-yield bond funds were positive for the fifth week. Net inflows into high-yield bond funds totaled $1.7 billion in the week ending March 16.

MDC Partners (MDCA) offers marketing and communication network services. It issued dollar-denominated junk bonds worth $900 million on March 18.

Last week brought the total US dollar-denominated issuance of high-yield debt to $24.3 billion in 2016 YTD. It’s 71.0% lower than the same period in 2015.

PACCAR (PCAR) rose by 5.5% to close at $49.07 per share at the end of the last week of January 2016.

Although the quantum of issuance rose in the week ended June 26, it was still lower than earlier in 2015, as yields have run up quite a bit. Most junk bond issuers were Caa/B rated.

According to data from S&P Capital IQ/LCD, dollar-denominated high yield debt amounting to $5.55 billion was issued in the week ending June 26.