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.

Several price targets were given for DE by the analysts covering the stock. The most optimistic price target was 154, implying a possible profit of 20.48 percent. The most pessimistic analyst gave a price target of 100, implying potential capital losses of -21.76 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.61 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. If we look at the last 90 days instead, we find a net average change of 32.89 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

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. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. Currently the stock is 66.58 percent higher than its low, and 0.91 percent below the 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 market cap of DE is $40.91 billion. DE's next earnings release will be on 0000-00-00, which is days away.