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 most optimistic analyst gave a price target of 154, implying a possible profit of 20.48 percent. The most pessimistic analyst gave a price target of 100, which equates to a potential downside of -21.76 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.61 percent. That number becomes 28.57 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.16 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 32.89 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of DE's earnings is estimated by analysts to be 13.78 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. DE has a PEG ratio of 1.67.

In the last 52-weeks, DE has achieved a high of 129.00 and a low of 76.73. Currently the stock is 66.58 percent higher than its low, and below the high by 0.91 percent. DE has a P/E 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 market cap of DE is $40.91 billion. DE will post this quarters earnings in days, on 0000-00-00.