Deere & Company (DE) Analysts See $3.33 EPS as of May, 18

May 17, 2018 - By Lindsey Price

Deere & Company (NYSE:DE) Corporate Logo
Big Money Sentiment increased to 1.03 in Q4 2017. It has change of 0.10, from 2017Q3’s 0.93. The ratio improved due to Deere & Company positioning: 50 sold and 338 reduced. 142 funds amassed holdings and 257 increased holdings. Investors holded 213.38 million in 2017Q3 but now own 209.89 million shares or 1.63% less.
Moreover, Ameriprise Fincl has 0.06% invested in Deere & Company (NYSE:DE). Parsons Cap Mngmt Incorporated Ri has 5,327 shs for 0.09% of their capital. Lord Abbett Ltd Liability Corp holds 0.21% or 479,718 shs in its capital. Becker Management Incorporated holds 1,640 shs. Envestnet Asset Mgmt reported 43,403 shs. L & S Advsr Incorporated reported 40,293 shs or 0.97% of all its holdings. Macquarie Grp Inc Ltd stated it has 72,535 shs. Suntrust Banks reported 94,097 shs. Andra Ap invested 0.12% of its capital in Deere & Company (NYSE:DE). Coldstream Cap Mngmt Inc owns 1,436 shs or 0.02% of their US capital. Marshwinds Advisory Company owns 9,175 shs or 0.66% of their US capital. Tci Wealth Advisors holds 0.06% of its capital in Deere & Company (NYSE:DE) for 885 shs. Staley Cap Advisers accumulated 2.13% or 175,738 shs. South State invested 0.03% in Deere & Company (NYSE:DE). Fulton Bankshares Na reported 0.02% stake.

Deere & Company had 9 sales and 0 insider buys since December 11, 2017. This’s net activity of $66.91 million. On Friday, February 16 $3.46 million worth of stock was sold by Jones Mary K.W.. Another trade for 11,235 shs valued at $1.90 million was sold by Guinn Max A. On Wednesday, February 28 $44.13 million worth of Deere & Company (NYSE:DE) was sold by ALLEN SAMUEL R. May John C II sold $3.15M worth of stock. The insider Field James M. sold 22,095 shs worth $3.76M. $972,253 worth of Deere & Company (NYSE:DE) was sold by Reed Cory J.

Deere & Company (NYSE:DE)’s quarterly earnings will be revealed on May, 18 before the open., according to Zacks. Analysts expect change of 33.73 % or $0.84 from previous year’s $2.49 earnings per share compared to current’s $3.33 earnings per share. DE’s profit could reach $1.08B with 11.06 P/E in case $3.33 earnings per share is revealed. Wall Street sees 154.20 % EPS growth as of May, 18. Ticker’s shares touched $147.35 during the last trading session after 1.25% change.Currently Deere & Company is uptrending after 41.99% change in last May 17, 2017. DE has 1.89 million shares volume. The stock outperformed the S&P500 by 30.44%.

Deere & Company (NYSE:DE) Ratings Coverage

In total 19 analysts cover Deere (NYSE:DE). “Buy” rating has 14, “Sell” are 0, while 5 are “Hold”. (NYSE:DE) has 74% bullish analysts. With $231 highest and $142.0 lowest target price, Deere has $181 average target price or 22.84% above the current ($147.35) price. 33 are the (NYSE:DE)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Tuesday, November 21 the company was upgraded by HSBC. On Wednesday, January 24 the firm earned “Overweight” rating by Barclays Capital. On Friday, April 13 the stock of Deere & Company (NYSE:DE) earned “Buy” rating by Robert W. Baird. The stock rating was upgraded by Evercore to “Outperform” on Monday, May 7. On Friday, January 19 Credit Suisse upgraded Deere & Company (NYSE:DE) rating. Credit Suisse has “Buy” rating and $198.0 target. On Tuesday, February 20 the stock has “Neutral” rating by UBS. On Monday, December 4 the firm earned “Buy” rating by Stifel Nicolaus. On Friday, February 16 the company was maintained by Jefferies. On Wednesday, January 10 the firm earned “Buy” rating by Wells Fargo. On Tuesday, January 9 the rating was downgraded by Credit Suisse to “Hold”.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide.The firm is valued at $47.71 billion. The company??s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment comprising sprayers, and nutrient management and soil preparation machinery.The P/E ratio is 33.5. This segment also offers hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products.

Another two news for Deere & Company (NYSE:DE) were briefly announced by: on May 14, 2018 with title “Upcoming Earnings: Home Improvement Retailer Home Depot Reports Before Tuesday’s Open”. The other‘s article was titled “Get Out The Shopping Cart: Retail In Focus Ahead Of Key Data, Earnings” and announced on May 14, 2018.

Deere & Company (NYSE:DE) Institutional Investors Chart

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