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.

Many analysts weighed in on price targets for DE. The most optimistic analyst gave a price target of 154, implying potential capital gains of 20.48 percent. The minimum price target given was 100, implying potential capital losses of -21.76 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. Meanwhile, fiscal year estimates have been revised upwards by 0.16 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 32.89 percent in FY estimates.

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, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

DE has an estimated earnings growth rate of 13.78 percent as forecasted by analysts. 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. DE has a PEG ratio of 1.67.

DE has a 52-week high of 129.00 and a 52-week low of 76.73. Today's price is 66.58 percent above the 52-week 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 stock has a market capitalization of $40.91 billion. DE's next earnings release will be on 0000-00-00, which is days away.