VanEck Vectors Natural Resources ETF
How Did Deere’s Agriculture and Turf Segment Perform in Q2?
Deere’s (DE) Agriculture and Turf Equipment segment forms the largest portion of its revenue.
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.
Deere’s Agriculture and Turf Segment’s Margin Declined
Deere’s (DE) Agriculture and Turf Equipment segment reported revenues of $5.6 billion in the fourth quarter.
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: Analysts’ Consensus before the Third Fiscal Quarter
For Deere, 65% of the analysts recommend a “buy,” 31% recommend a “hold,” and 4% recommend a “sell.”
Deere’s Agricultural Segment Revenue Rises, Margin Contracts
Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator.
How Deere’s Valuation Compares
In this part, we’ll compare Deere’s (DE) valuation with peers’.
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.
How Analysts View Deere ahead of Fiscal 1Q18 Earnings
Currently, of the 24 analysts tracking Deere, 50% of the analysts have recommended the stock as a “buy.”
Deere’s Valuation Compared to Caterpillar
As of December 14, 2017, Deere’s forward PE multiple stands at 18.0x. DE’s peer Caterpillar (CAT) had a one-year forward PE multiple of 18.70x.
Analysts Raise Deere’s Target Price after 4Q17
Analysts’ ratings after 4Q17 As of November 22, 2017, 22 analysts were tracking Deere (DE), of which 41% have recommended “buy” (versus 31% prior to Deere’s 4Q17 earnings announcement), 55% have recommended “hold,” and 4% have recommended “sell.” Analysts’ consensus target price for Deere is $142.84. Deere closed at $145.25 on November 22, 2017. Most analysts may be recommending “buy” or “hold” due to […]
Deere’s Valuations Compared to Caterpillar
As of September 18, 2017, Deere’s one-year forward PE multiple stands at 16.80x, while Caterpillar’s (CAT) one year-forward PE multiple stands at 19.90x.
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.
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.”
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%.