Analyst Ratings for Deere & Co. (DE)

Updated: 2017-07-26

An average rating of Overweight has been given to Deere & Co. (NYSE:DE) by analysts covering the stock. About 30 days ago, DE was issued an average rating of Overweight.

Of the 24 analysts covering the stock, 8 gave it a buy rating, 1 issued an overweight rating, 14 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 4.

Investment analysts gave a few price targets for DE. The maximum price target given was 154, implying potential capital gains of 20.48 percent. The most pessimistic analyst gave a price target of 100, implying potential capital losses of -21.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.61 percent. The average change in earnings estimates over the last 90 days is 28.57 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.16 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 32.89 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of DE's earnings is estimated by analysts to be 13.78 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of DE is 1.67.

In the trailing 52-weeks, DE hit 129.00 at the highest peak, while it's lowest trading point was 76.73. Today's price is 66.58 percent above the 52-week low, and 0.91 percent lower than its 52-week high. DE has a price/earnings ratio of 23.03. Investors typically compare the P/E ratio to a company's peers in the industry. The DE value stock report compares DE to some of its peers using value stock charts. The stock has a market capitalization of $40.91 billion. DE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.