Deere & Co (NYSE:DE) price on current trading day, rose 3.92% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $481.71.
A look at the stock’s price movement, the level at last check in today’s session was $463.56, moving within a range at $464.25 and $484.47. The beta value (5-Year monthly) was 1.012 while the PE ratio in trailing twelve months stood at 21.35. Turning to its 52-week performance, $515.05 and $340.20 were the 52-week high and 52-week low respectively. Overall, DE moved 0.68% over the past month.
Deere & Co’s market cap currently stands at around $130.74 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-12. The company has a Forward Dividend ratio of 6.18, with its dividend yield at 1.28%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 10.77B for the company’s revenue for the quarter, with a low and high estimate of 10.34B and 11.42B respectively. The average forecast suggests down to a -20.89% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 37.77B, representing a -15.61% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DE is a Hold. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
18 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 12 recommend DE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DE’s current price about 6.51% and 2.95% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.64, while 7-day volatility ratio is 2.20% and 3.79% in the 30-day chart. Further, Deere & Co (DE) has a beta value of 1.09, and an average true range (ATR) of 15.32. Analysts have given the company’s stock an average 52-week price target of $546.5, forecast between a low of $510 and high of $583. Looking at the price targets, the low is -5.87% off recent price level in today’s trading while to achieve the yearly target high, it has to move -21.03%. Nonetheless, investors will most likely welcome a -13.45% jump to $546.5 which is the analysts’ median price.
If we refocus on Deere & Co (NYSE:DE), historical trading data shows that trading volumes averaged 0.95 over the past 10 days and 1.47 million over the past 3 months. The company’s latest data on shares outstanding shows there are 271.41 million shares.
The 7.42% of Deere & Co’s shares are in the hands of company insiders while institutional holders own 73.87% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.53 million on 2025-04-15, giving us a short ratio of 2.95. The data shows that as of 2025-04-15 short interest in Deere & Co (DE) stood at 167.0 of shares outstanding, with shares short falling to 4.62 million registered in 2025-03-14. Current price change has pushed the stock 13.69% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DE stock continues to rise going into the next quarter.
