EPS for Deere & Company (DE) Expected At $2.42

November 11, 2018 - By Duane Lopez

Deere & Company (NYSE:DE) LogoInvestors sentiment increased to 0.97 in Q2 2018. Its up 0.10, from 0.87 in 2018Q1. It is positive, as 60 investors sold Deere & Company shares while 330 reduced holdings. 100 funds opened positions while 280 raised stakes. 207.23 million shares or 1.43% less from 210.24 million shares in 2018Q1 were reported.
Viking Fund Mngmt Ltd Liability Corporation owns 3,800 shares. Security has invested 0.06% in Deere & Company (NYSE:DE). Moreover, Dorsey & Whitney Trust Lc has 0.04% invested in Deere & Company (NYSE:DE). Ny State Teachers Retirement Systems reported 454,985 shares. Allsquare Wealth Mngmt Ltd Liability Co has 1,360 shares. Triangle Securities Wealth Management owns 2,599 shares. Raab & Moskowitz Asset Mgmt Lc stated it has 0.38% of its portfolio in Deere & Company (NYSE:DE). 111,554 are owned by Huntington National Bank & Trust. Old Natl National Bank & Trust In has invested 0.08% in Deere & Company (NYSE:DE). Neville Rodie Shaw reported 0.09% stake. California-based Kelly Lawrence W Associates Ca has invested 0% in Deere & Company (NYSE:DE). 8,755 were reported by Everence Capital Inc. Payden Rygel holds 0.01% or 500 shares in its portfolio. Jones Lllp reported 47,287 shares. Sumitomo Life Communication has 0.1% invested in Deere & Company (NYSE:DE) for 5,831 shares.

Analysts expect Deere & Company (NYSE:DE) to report $2.42 EPS on November, 28.They anticipate $0.85 EPS change or 54.14 % from last quarter’s $1.57 EPS. DE’s profit would be $778.46M giving it 14.96 P/E if the $2.42 EPS is correct. After having $2.59 EPS previously, Deere & Company’s analysts see -6.56 % EPS growth. The stock decreased 1.27% or $1.86 during the last trading session, reaching $144.81. About 2.58M shares traded or 9.59% up from the average. Deere & Company (NYSE:DE) has risen 26.03% since November 11, 2017 and is uptrending. It has outperformed by 10.41% the S&P500.

Deere & Company (NYSE:DE) Ratings Coverage

Among 7 analysts covering Deere (NYSE:DE), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Deere had 9 analyst reports since May 24, 2018 according to SRatingsIntel. As per Thursday, May 24, the company rating was upgraded by UBS. As per Wednesday, June 27, the company rating was maintained by UBS. Credit Suisse maintained Deere & Company (NYSE:DE) on Monday, August 20 with “Outperform” rating. UBS maintained the stock with “Buy” rating in Friday, July 20 report. As per Wednesday, September 5, the company rating was maintained by Deutsche Bank. The stock of Deere & Company (NYSE:DE) has “Buy” rating given on Monday, August 20 by Stifel Nicolaus. The firm has “Buy” rating by Morgan Stanley given on Tuesday, June 5. The firm has “Outperform” rating given on Monday, August 20 by Wells Fargo. On Wednesday, June 20 the stock rating was maintained by Citigroup with “Buy”.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide. The company has market cap of $46.58 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. It has a 22.66 P/E ratio. 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.

More news for Deere & Company (NYSE:DE) were recently published by: Seekingalpha.com, which released: “Hyundai And Kia Bet $250M On Grab” on November 10, 2018. Investorplace.com‘s article titled: “Trade of the Day: Deere Stock Is Now a Short” and published on November 08, 2018 is yet another important article.

Deere & Company (NYSE:DE) Institutional Positions Chart

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