Latest news with #Deere
Cision Canada
2 days ago
- Business
- Cision Canada
Deere to Announce Third Quarter 2025 Financial Results
MOLINE, Ill., July 30, 2025 /CNW/ -- Deere & Company (NYSE: DE) will hold its third quarter 2025 earnings call on Thursday, 14 August, beginning at 9:00 a.m. central time. During the call, the company's financial and operating performance will be discussed with analysts, investors and other members of the financial community. The earnings call can be accessed at The recorded call will be available on the Deere website for a period of time afterward. The Deere earnings release, other financial information and earnings call presentation can be accessed at the link above. Deere & Company (NYSE: DE) is a world leader in providing advanced products, technology and services for customers whose work is revolutionizing agriculture and construction — those who cultivate, harvest, transform, enrich and build upon the land to meet the world's increasing need for food, fuel, shelter and infrastructure. For more information, visit
Yahoo
25-07-2025
- Business
- Yahoo
Here's What to Expect From Deere's Next Earnings Report
Moline, Illinois-based Deere & Company (DE) manufactures and distributes various equipment worldwide. It focuses on revolutionizing agriculture with technology, in an effort to make farming automated, easier, and more precise across the production process. With a market cap of $139.5 billion, Deere operates as the world's largest producer of agricultural equipment. DE is set to announce its third-quarter results before the markets open on Thursday, Aug. 14. Ahead of the event, analysts expect DE to report a profit of $4.62 per share, down 26.6% from $6.29 per share reported in the year-ago quarter. On a positive note, the company has surpassed the Street's bottom-line estimates in each of the past four quarters. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full fiscal 2025, analysts expect its EPS to come in at $18.84, down 26.5% from $25.62 reported in fiscal 2024. However, in fiscal 2026, its earnings are expected to rebound 16% year-over-year to $21.85 per share. DE stock prices have soared 39.3% over the past 52 weeks, notably outpacing the S&P 500 Index's ($SPX) 17.3% surge and the Industrial Select Sector SPDR Fund's (XLI) 24.6% returns during the same time frame. Deere's stock prices gained 3.8% following the release of its better-than-expected Q2 results on May 15. Due to the impact of macroeconomic conditions, the company's net sales (excluding finance & interest income and other income) plunged 17.9% year-over-year to $11.2 billion. However, this figure surpassed the Street's projections by a significant margin. Meanwhile, its net income dropped 23.9% year-over-year to $1.8 billion, but its EPS of $6.64 exceeded the consensus estimates by a notable 16.9%. Moreover, analysts remain optimistic about the stock's longer-term prospects. DE holds a consensus 'Moderate Buy' rating overall. Of the 21 analysts covering the stock, opinions include 11 'Strong Buys,' one 'Moderate Buy,' and nine 'Holds.' Its mean price target of $548.19 suggests a modest 6.5% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
Deere (DE) Beats Stock Market Upswing: What Investors Need to Know
Deere (DE) closed at $515.17 in the latest trading session, marking a +1.87% move from the prior day. This move outpaced the S&P 500's daily gain of 0.78%. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 0.61%. Shares of the agricultural equipment manufacturer witnessed a loss of 1.64% over the previous month, trailing the performance of the Industrial Products sector with its gain of 8.59%, and the S&P 500's gain of 5.88%. Analysts and investors alike will be keeping a close eye on the performance of Deere in its upcoming earnings disclosure. The company's earnings report is set to go public on August 14, 2025. In that report, analysts expect Deere to post earnings of $4.62 per share. This would mark a year-over-year decline of 26.55%. Alongside, our most recent consensus estimate is anticipating revenue of $10.26 billion, indicating a 9.92% downward movement from the same quarter last year. DE's full-year Zacks Consensus Estimates are calling for earnings of $18.84 per share and revenue of $38.05 billion. These results would represent year-over-year changes of -26.46% and -14.99%, respectively. Investors might also notice recent changes to analyst estimates for Deere. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.08% higher. Deere is currently sporting a Zacks Rank of #3 (Hold). In terms of valuation, Deere is presently being traded at a Forward P/E ratio of 26.84. For comparison, its industry has an average Forward P/E of 20.73, which means Deere is trading at a premium to the group. One should further note that DE currently holds a PEG ratio of 3.21. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Manufacturing - Farm Equipment industry held an average PEG ratio of 3.21. The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. At present, this industry carries a Zacks Industry Rank of 200, placing it within the bottom 20% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow DE in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Deere & Company (DE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
11-07-2025
- Business
- Yahoo
Truist Reaffirms Buy on Deere (DE), Cites Brazil Market Expansion
Deere & Company (NYSE:DE) is one of the . On June 16, Truist Securities reaffirmed its $619 price target and Buy rating on Deere & Company (NYSE:DE), pointing to the company's strategic position in Brazil as a major growth opportunity. In order to facilitate the adoption of precision agriculture, Deere & Company (NYSE:DE) has made significant investments in Brazil over the past 25 years by localizing manufacturing and product development while bolstering its dealer network. Through these initiatives, Deere has improved its cost competitiveness in the region and taken the lead in market share in Brazil. Given that market share growth and farmer adoption of Deere's precise technology are positively correlated, Truist believes the company aims to increase its market share in Brazil to equal that of North America. Deere & Company (NYSE:DE) is an American company that manufactures agricultural, heavy, and forestry machinery, diesel engines, heavy equipment drivetrains, and lawn care equipment. The company also provides financial services and engages in other business operations. While we acknowledge the potential of DE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Deere (DE) Outperforms Broader Market: What You Need to Know
In the latest close session, Deere (DE) was up +1.94% at $519.20. The stock's change was more than the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.43%, while the tech-heavy Nasdaq added 0.09%. Heading into today, shares of the agricultural equipment manufacturer had lost 2.21% over the past month, lagging the Industrial Products sector's gain of 5.67% and the S&P 500's gain of 4.37%. Analysts and investors alike will be keeping a close eye on the performance of Deere in its upcoming earnings disclosure. On that day, Deere is projected to report earnings of $4.6 per share, which would represent a year-over-year decline of 26.87%. Simultaneously, our latest consensus estimate expects the revenue to be $10.21 billion, showing a 10.32% drop compared to the year-ago quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $18.82 per share and a revenue of $38.05 billion, representing changes of -26.54% and -14.99%, respectively, from the prior year. Investors should also note any recent changes to analyst estimates for Deere. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Deere boasts a Zacks Rank of #3 (Hold). From a valuation perspective, Deere is currently exchanging hands at a Forward P/E ratio of 27.06. Its industry sports an average Forward P/E of 21.81, so one might conclude that Deere is trading at a premium comparatively. Investors should also note that DE has a PEG ratio of 3.23 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Manufacturing - Farm Equipment industry was having an average PEG ratio of 3.23. The Manufacturing - Farm Equipment industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 174, positioning it in the bottom 30% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Deere & Company (DE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
