Deere & Co.
John Deere Strike Is Over After Union Approves Contract
How Much Do John Deere Employees Make? Strike Is Underway
John Deere Strike Demands—Wages, Rules, and Retirement
DAP Prices Remain Subdued for the Week Ending June 10
Ammonia is used to make phosphate fertilizers like DAP (diammonium phosphate) and MAP (monoammonium phosphate).
Who Are the Biggest Players in the Fertilizer Industry?
There’s a handful of big players in the agricultural fertilizer industry. Setting up business requires huge capital, which makes for a high barrier to entry.
Why Loeb Cut Exposure to Netflix, Microsoft, and Alibaba in Q4
In its third-quarter letter to investors, Third Point told investors that it reduced its “tech exposure meaningfully.”
How 3M’s Consumer Segment Performed in Q3 2018
3M’s (MMM) Consumer segment reported operating income of $291.0 million in the third quarter compared to $311.0 million in the third quarter of 2017.
Caterpillar Stock Fell after Bank of America Rating Downgrade
Caterpillar (NYSE:CAT) was the worst-performing stock on the Dow Jones Index on April 14. Notably, the stock fell by 8.7%.
Deere Q4 Earnings Beat, Stock Falls on Tepid Outlook
Deere & Company (DE) reported slightly better-than-expected earnings results for the fourth quarter. However, the shares fell 4% in the pre-market trade.
Why Deere Might Post Dismal Q4 Earnings Results
Sluggish top-line growth will likely weigh on Deere’s fourth-quarter earnings. Analysts expect the company’s revenues to increase 2.2% YoY.
CAT Dividend Continues amid Slowdown Worries
Today, Caterpillar (CAT) announced that its board of directors voted in favor of maintaining a $1.03 quarterly dividend per share.
PMI Data Sees Trump Blame the Fed: Is He Right?
On October 1, the ISM released the PMI data for September. At 47.8, the reading pointed to a contraction. President Trump again blamed the Fed.
Amid China’s ‘Calm’ Comments, US Markets Soar Today
The US (SPY) stock index futures rose on Thursday after China’s (MCHI) (FXI) positive comments about resolving the trade war.
Would a Currency War Help Boeing, CAT, DE, and GE?
President Trump said that the strong dollar is making it difficult for US manufacturers to compete. The weak dollar could fuel a currency war.
3M Launches Expanded Beam Ferrule and Connector System
In a press release on March 5, 3M (MMM) announced that it unveiled its new Expanded Beam Optical Connector System.
DowDuPont: Analysts’ Views after Its Q4 Earnings
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 Announces Regular Quarterly Dividend
In a press release today, Deere (DE) announced the key dates for the first quarter of 2019’s dividend.
Analyzing Deere’s Expected First-Quarter Revenues
Deere (DE) is expected to report revenues of $6.82 billion in the first quarter from its equipment operations.
Deere: Analysts’ Views before Its Q1 Earnings
Deere (DE) is scheduled to announce its earnings for the first quarter of fiscal 2019 on February 15 before the market opens.
How Caterpillar Stock Performed since Its Q3 Earnings
In a press release on January 14, Caterpillar said that it will announce its fourth-quarter earnings results before the market opens on January 28.
Cummins Announces CFO Change
On January 10, 2019, Cummins (CMI) announced that Pat Ward, its current CFO, will retire from his position.
Deere Gets Six Agricultural Innovation Awards
On January 10, 2019, Deere (DE) announced that it had received six AE50 awards.
Deere: Analysts’ Recommendations
For Deere, 68% of the analysts recommended a “buy,” 32% recommended a “hold,” and none of the analysts recommended a “sell.”
Deere Raised Its Cash Dividend: Second Increase in 2018
To be eligible for the dividend, investors should hold Deere stock as of December 31. Deere is expected to pay dividends on February 1.
Can the Market Optimism on the Trade Truce Continue?
The US markets rose on December 3. However, the optimism seems to be fading. The Asian markets weren’t as optimistic on December 4.
3 Stocks Up Over 3% on U.S.-China Trade Talks
Agricultural equipment stocks are getting a boost following a White House press release noting that China will begin purchasing ag products from U.S. farmers immediately. Here’s what you need to know.
Deere’s Q4 2018 Revenues Maintained the Upward Trajectory
In the fourth quarter, Deere (DE) reported total revenues of $9.42 billion, which included financial services and other revenues.
Deere Misses Analysts’ Q4 Expectations but Still Rises
Deere (DE) reported its earnings results for the fourth quarter of fiscal 2018 before the market opened on November 21.
Can Deere’s Adjusted EPS Beat Wall Street Estimates This Time?
Deere (DE) is expected to post adjusted EPS of $2.45 for the fourth quarter, an increase of 56% on a YoY basis.
Deere’s Q4 2018 Is on Track to Be Best Q4 in Five Years
Deere (DE) is expected to report Q4 revenues of $8.57 billion from its equipment operations.
How Deere Has Performed since Third-Quarter Earnings
Deere’s continued revenue growth due to positive developments could help the stock recover some of its lost ground.
How DowDuPont’s Agriculture Segment Performed in Q3
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.
Stanley Black & Decker Investor Update: Debt Pricing
SWK stock bounced back sharply after falling due to its third-quarter earnings. The stock gained 12.7% and closed at $124.24 last week.
Why Honeywell’s Performance Materials Segment Margins Declined
In Q3 2018, Honeywell’s (HON) Performance Materials and Technologies segment was the second-largest contributor to HON’s total revenue.
3M Stock Drops 4.4% on Disappointing Q3 2018 Earnings
Today, 3M (MMM) reported Q3 2018 revenues of $8.15 billion, down 0.25% year-over-year. 3M missed analysts’ expectations of $8.39 billion.
3M’s Unfunded Pension Funds: Analyzing the Trend
3M offers pension and post-retirement benefit plans to its employees. The company has more than 75 defined benefit plans in 27 countries.
Are Institutional Investors Buying or Selling Deere?
The 13F filings of June 30 indicate that institutional investors own ~67.1% of Deere’s (DE) outstanding shares.
How Deere’s Agriculture & Turf Segment Performed in Q3 2018
Deere’s (DE) Agriculture & Turf Equipment segment reported revenue of $6.29 billion in the fiscal third quarter, a 17.8% growth YoY.
Deere Missed Fiscal Q3 2018 Earnings, but Stock Moved Up
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.
Deere Misses Q3 2018 Adjusted EPS Expectation, Cites Higher Costs
Deere (DE) reported its Q3 2018 results on August 17 before the markets opened. Its adjusted EPS was $2.59, a growth of 31.5% YoY.
What to Expect from Deere’s Adjusted Earnings
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.
Why DWDP’s Materials Science Segment EBITDA Margin Expanded in Q2
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.
3M’s New Sustainability and Product Stewardship Organization
On May 21, 3M (MMM) took a new initiative and announced the formation of the Sustainability and Product Stewardship Organization.
Construction & Forestry Segment’s Revenue, Margins Improved
In the fiscal second quarter, Deere & Company’s (DE) Construction & Forestry segment reported revenue of $2.7 billion.
Deere: Strong Adjusted Earnings Are Expected in Q2
Deere (DE) is expected to post an adjusted EPS (earnings per share) of $3.31 for the second fiscal quarter—an increase of 32.9% on a YoY basis.
DWDP’s Material Science Segment: Higher Revenue Growth in 1Q18
DowDuPont’s (DWDP) Material Science segment, which is expected to be spun off into a new company by the end of 1Q19, accounted for 55.9% of its total revenues.
Incyte: S&P 500’s Top Gainer on April 12
Incyte was the S&P 500’s top gainer on April 12. On April 12, Incyte gained 5.3% and closed the day at $69.83.
Deere & Company Launches Higher Durability Pallet Forks
Deere & Company’s (DE) stock price declined 9.7% and closed at $148.00 for the week ended March 23, 2018.
Deere’s Stock Performance in 2018
In 2018, Deere’s (DE) stock performance has been muted.
How Deere’s Valuation Compares
In this part, we’ll compare Deere’s (DE) valuation with peers’.
What Deere’s Latest Short Interest Data Suggests
Based on the latest short interest report on March 1, 2018, Deere’s (DE) short interest has fallen since the beginning of 2018.
Could Deere Still Attract Long-term Investors?
A dividend yield is the return investors get for every dollar they invest in a company’s equity during their holding period.
A Look at Deere’s 2Q18 Dividends
Deere (DE) has declared its regular cash dividend for 2Q18 to common equity shareholders.
A Look at Stanley Black & Decker’s Dividend Yield
A company’s dividend yield is the return investors get for every dollar invested in the company’s equity.
Stanley Black and Decker Set to Pay 1Q18 Dividend
Stanley Black & Decker (SWK) is set to distribute its 1Q18 dividend on March 20, 2018.
Deere’s Construction & Forestry Revenue Rises but Margins Dip
In fiscal 1Q18, Deere & Company’s (DE) Construction & Forestry segment reported revenue of $1.7 billion.
DE’s Agriculture & Turf Revenue Reverses the Trend in Fiscal 1Q18
Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator. It reported revenue of $4.2 billion in fiscal 1Q18.
Deere’s Fiscal 1Q18 Revenue Rises but Falls Short of Estimates
In fiscal 1Q18, Deere & Company (DE) reported total revenue of $6.9 billion inclusive of financial services and other revenue.
Deere Stock Moves Up on Earnings Beat and Good Outlook
Deere & Company (DE) announced its fiscal 1Q18 earnings before the market opened on February 16, 2018.
Deere’s Fiscal 1Q18 Revenues Set for a Big Jump
Deere (DE) is expected to report revenues of $6.4 billion in fiscal 1Q18 from its equipment operations.
How Deere Stock Has Performed since 4Q17 Earnings
Deere (DE) will announce its fiscal 1Q18 earnings on February 16, 2018, before the market opens.
3M to Sell Its Communication Markets Division to Corning
On December 11, 2017, 3M (MMM) and Corning (GLW) entered into a definitive agreement regarding 3M’s Communication Markets Division.
Deere: Wall Street’s Views at the End of 2017
Deere has been tracked by 24 analysts. Among the analysts, 46% recommended a “buy,” 50% recommended a “hold,” and 4% recommended a “sell.”
Deere Reports Strong Fiscal 4Q17 Earnings
Deere’s stock skyrocketed during the week ended November 24, 2017.
Deere’s Fiscal 4Q17 Revenue Rises Thanks to Higher Volumes
Deere’s fiscal 4Q17 revenue In fiscal 4Q17, Deere (DE) saw total revenue of $8.0 billion, inclusive of financial services and other revenue, implying a 23.0% rise from 4Q16, when it had revenue of $6.5 billion. Excluding financial services and other revenue, DE’s net sales for 4Q17 were $7.1 billion, compared with $5.7 billion in fiscal 4Q16, a 25.5% rise year-over-year. […]
Did Deere’s Dividend Growth Hamper Its Dividend Yield?
Deere’s dividend yield has fallen since 3Q15 due to the lack of dividend growth and considerable growth in its stock price.
Deere: Analysts’ Recommendations and Target Prices
For Deere, 33% of the analysts recommended the stock as a “buy,” 62% recommended the stock as a “hold,” and 5% recommended the stock as a “sell.”
Wall Street’s Views on Deere after Fiscal 3Q17 Earnings
The number of analysts covering Deere (DE) stock has increased from 20 to 21. About 62.0% of them have recommended a “hold” for the stock.
Performance of Deere’s Construction & Forestry Segment in 3Q17
In fiscal 3Q17, Deere’s (DE) Construction & Forestry segment reported revenue of $1.5 billion, a 29.0% rise on a year-over-year basis.
How Deere’s Agriculture & Turf Segment Performed in Fiscal 3Q17
Deere’s (DE) Agriculture & Turf segment reported revenue of $5.3 billion in 3Q17, a 13.6% rise on a year-over-year basis.
Deere’s Revenue Sees Growth but Falls Short of Estimates
For fiscal 3Q17, Deere (DE) reported total revenue of $7.8 billion, which implies a rise of 16.0% on a year-over-year basis.
Behind Deere’s Valuations ahead of Its Fiscal 3Q17 Results
As on August 14, Deere’s (DE) one-year forward PE (price-to-earnings) multiple stood at 18.3x, compared with Caterpillar’s (CAT) multiple of 18.8x.
Inside Deere’s Analyst Recommendations ahead of the Fiscal 3Q17 Results
Among the 21 analysts covering DE stock, 43% have recommended a “buy,” while 52% have recommended a “hold. The remaining 5% recommend a “sell.”
Can Deere Beat the Analysts’ Earnings Estimate Again in Fiscal 3Q17?
Analysts are expecting Deere (DE) to post EPS earnings per share of $1.91 for fiscal 3Q17, which would be an increase of 23.2% on a YoY basis.
What Boosted DOW’s Agricultural Sciences Segment’s 2Q17 Revenues?
Dow Chemical’s (DOW) Agricultural Sciences segment accounted for 11.8% of DOW’s total revenue as compared to 13.2% in 2Q16.
What Drove DuPont’s Agriculture Segment in 2Q17?
DuPont’s (DD) Agriculture segment accounted for 46.40% of the company’s revenue in 2Q17—compared to 45.60% in 2Q16.
Deere Investors Will Receive Third Dividend in Fiscal 2017
Deere investors are set to receive their third dividend for fiscal 2017. Deere declared a dividend of $0.60 for 3Q17 on the company’s outstanding shares.
Deere: Analysts’ Recommendations after Its 2Q17 Earnings
As of May 22, 2017, 39.0% of the analysts recommended a “buy” for Deere stock, 43.0% recommended a “hold,” and 18.0% recommended a “sell.”
Analysts’ Latest Recommendations for Deere
About 39.0% of these analysts have recommended a “buy” for the stock, while 43.0% have recommended a “hold.”
Why Analysts Are Expecting Deere’s Earnings Per Share to Rise
As of May 15, 2017, Wall Street analysts are expecting Deere (DE) to post EPS of $1.67 in fiscal 2Q17. That would be a 7.0% rise year-over-year.
What Analysts Recommend for Deere
As of April 4, 2017, 22 brokerage firms were actively tracking Deere (DE) stock.
How Deere Stock Has Performed in 2017 So Far
As of April 4, 2017, Deere’s (DE) YTD (year-to-date) stock performance has been positive with a return of 6.3%.
Deere to Pay 2Q17 Dividend on May 1
On February 22, 2017, Deere (DE) announced a dividend of $0.60 per share for 2Q17 on the company’s outstanding common stock.
Deere: Wall Street Stock Recommendations after Q1 Earnings
Before Deere (DE) announced its fiscal 1Q17 earnings, 22 brokerage firms were actively tracking Deere stock.
How Currencies Have Reacted since the Brexit Decision
The British pound (FXB) (GBB) is trading at 31-year low of 1.25 as of February 2017, its lowest level since 1985. The currency fell ~11% in 2016.
Analysts Are Divided before Deere’s 1Q17 Results
About 36% of the analysts recommended a “buy” for Deere stock, 46% of the analysts recommended a “hold,” and 18% recommended a “sell.”
Separation Cost to Impact Deere’s Earnings per Share in 1Q17
As of February 13, Wall Street analysts expect Deere to post EPS of $0.53 in 1Q17—a decrease of 33.8% year-over-year compared to $0.80 in 1Q16.
Deere’s Financial Unit Continues to Bleed from Used Equipment
Deere (DE) Financial Services represented 11.5% of the company’s revenues in 4Q16, which is higher than 9.7% in 4Q15.
Caterpillar’s 3Q16 Earnings Bring ‘Inflection’ Back into Focus
Caterpillar, the world’s largest manufacturer of construction and mining equipment, will declare its 3Q16 earnings before the market opens on October 25.
What Do Wall Street Analysts Think about Deere?
The consensus rating among Bloomberg-listed analysts covering Deere & Company has leaned more towards a “neutral” rating since the beginning of 2016.
Understanding the Key Economic Indicators in Construction and Energy
Deere (DE) now expects its Construction & Forestry segmental sales to drop 13% in fiscal 2016, as compared to its previous forecast of an 11% decline.
What Trends Are Driving Deere & Company’s Industry?
Agribusinesses including Deere & Company and AGCO are now offering technology-based solutions to drive the next generation of farming productivity gains.
How Deere’s Margins Differ across Key Geographical Markets
The US and Canada regions were responsible for 63.9%, 63%, and 66.1% of Deere & Company’s (DE) total revenues in 2013, 2014, and 2015, respectively.
Why Did Deere & Company Consolidate Its Dealer Network?
Despite relying on dealers to sell its iconic tractors for almost a 100 years, Deere & Company (DE) began consolidating its dealer network in the mid-2000s.
Deere: The World’s Largest Agriculture Machinery Company
Deere & Company (DE) has a market capitalization of ~$25 billion. It’s the world’s largest maker of farm equipment.
Why Agrium’s Wholesale Selling Prices Declined from 4Q14 to 4Q15
Overall average selling prices for Agrium’s Wholesale segment have declined YoY from $449 per ton to $387 per ton. Prices for potash have been hurt the most, declining from $482 per ton to $267 per ton YoY.
Analyzing Deere’s Free Cash Flow Growth and Cash Management
One of the ways to calculate free cash flows is by deducting capital expenditures from the company’s operating cash flows.
How Treasury Yields Have Risen as Demands for Safe-Havens Decline
US Treasury yields rose across the yield curve for the week ending October 9, as demand for safe-havens declined.
Investment-Grade Corporate Bond Issuance Resumes after Lull
Investment-grade corporate bonds worth $39.225 billion were issued in the primary market in the week ended July 10. This was several times higher than issuance worth $500 million in the previous week.
Berkshire Hathaway’s new stake in John Deere
Although Berkshire Hathaway had been accumulating shares in John Deere since 3Q14, the fund chose not to disclose it to the public in order to avoid copycat moves.