+Compare
DE
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
104.32B

DE Price Prediction, Deere & Company AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for DE with price predictions
07:00 PM EST Nov 27, 2023

DE in -2.78% downward trend, sliding for three consecutive days on November 28, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where DE declined for three days, in of 266 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 27, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DE as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for DE turned negative on November 27, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

DE moved below its 50-day moving average on November 22, 2023 date and that indicates a change from an upward trend to a downward trend.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DE's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DE advanced for three days, in of 342 cases, the price rose further within the following month. The odds of a continued upward trend are .

DE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. DE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: DE's P/B Ratio (4.789) is slightly higher than the industry average of (1.872). P/E Ratio (10.460) is within average values for comparable stocks, (30.950). Projected Growth (PEG Ratio) (1.819) is also within normal values, averaging (1.780). Dividend Yield (0.014) settles around the average of (0.034) among similar stocks. P/S Ratio (1.765) is also within normal values, averaging (108.986).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I. Advisor
published Earnings

DE is expected to report earnings to fall 33.90% to $5.46 per share on February 16

Deere & Company DE Stock Earnings Reports
Q1'24
Est.
$5.46
Q4'23
Beat
by $0.78
Q3'23
Beat
by $2.00
Q2'23
Beat
by $1.12
Q1'23
Beat
by $1.02
The last earnings report on November 22 showed earnings per share of $8.26, beating the estimate of $7.48. With 1.90M shares outstanding, the current market capitalization sits at 104.32B.
A.I.Advisor
published Dividends

DE paid dividends on November 08, 2023

Deere & Company DE Stock Dividends
А dividend of $1.35 per share was paid with a record date of November 08, 2023, and an ex-dividend date of September 28, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Caterpillar (NYSE:CAT), Deere & Company (NYSE:DE).

Industry description

The industry designs and builds agricultural, construction and other large commercial and transportation equipment. Tractors, planters and harvesters, as well as rock-crushing, railroad, demolition and other construction implements are produced by this industry. Rapid urbanization and industrialization has been bolstering the expansion of the construction sector in the past few decades, thereby boosting demand for heavy equipment businesses. Caterpillar Inc., Deere & Company and Cummins Inc (Ex. Cummins Engine Inc) are some prominent companies in this industry.

Market Cap

The average market capitalization across the Trucks/Construction/Farm Machinery Industry is 9.56B. The market cap for tickers in the group ranges from 223.29K to 125.94B. CAT holds the highest valuation in this group at 125.94B. The lowest valued company is OSRS at 223.29K.

High and low price notable news

The average weekly price growth across all stocks in the Trucks/Construction/Farm Machinery Industry was 1%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was -3%. FBRKF experienced the highest price growth at 21%, while PTRAQ experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the Trucks/Construction/Farm Machinery Industry was -26%. For the same stocks of the Industry, the average monthly volume growth was 55% and the average quarterly volume growth was -2%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 45
P/E Growth Rating: 63
Price Growth Rating: 56
SMR Rating: 59
Profit Risk Rating: 68
Seasonality Score: -1 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of agricultural, industrial, commercial and consumer equipment

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
Trucks Or Construction Or Farm Machinery
Address
One John Deere Place
Phone
+1 309 765-8000
Employees
82200
Web
https://www.deere.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
HMY6.220.32
+5.42%
Harmony Gold Mining Company Limited
EKSO1.690.05
+3.05%
Ekso Bionics Holdings
LYG2.140.05
+2.39%
Lloyds Banking Group PLC
IVA4.27-0.06
-1.44%
Inventiva SA
BHE24.90-0.44
-1.74%
Benchmark Electronics

DE and

Correlation & Price change

A.I.dvisor indicates that over the last year, DE has been closely correlated with AGCO. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if DE jumps, then AGCO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DE
1D Price
Change %
DE100%
-0.60%
AGCO - DE
79%
Closely correlated
-1.42%
CNHI - DE
69%
Closely correlated
+0.48%
CAT - DE
69%
Closely correlated
+0.04%
PCAR - DE
63%
Loosely correlated
-0.87%
TEX - DE
60%
Loosely correlated
-1.99%
More