On May, 18 Analysts See $3.33 EPS for Deere & Company (DE)

May 17, 2018 - By Cynthia Ashman

Deere & Company (NYSE:DE) Corporate Logo
Big Money Sentiment increased to 1.03 in 2017 Q4. It has change of 0.10, from 2017Q3’s 0.93. The ratio is positive due to Deere & Company positioning: 50 sold and 338 reduced. 142 funds acquired stakes and 257 increased stakes. Investors holded 213.38 million in 2017Q3 but now own 209.89 million shares or 1.63% less.
Clinton Group Incorporated holds 0.39% or 28,498 shs in its capital. Palisades Hudson Asset Mgmt Limited Partnership reported 2,695 shs stake. Windward Mgmt Com Ca reported 9,628 shs. Fulton State Bank Na has 0.02% invested in Deere & Company (NYSE:DE). Benjamin F Edwards Inc holds 0.21% of its capital in Deere & Company (NYSE:DE) for 12,695 shs. Signaturefd Ltd Liability holds 1,619 shs or 0.03% of its capital. Virtus Inv Advisers Inc reported 1.14% stake. Aqr Capital Limited Liability Corp accumulated 648,802 shs or 0.11% of the stock. First Trust Advsrs Ltd Partnership stated it has 0.06% in Deere & Company (NYSE:DE). Central Fincl Bank & holds 0.01% or 311 shs in its capital. Firefly Value Prtnrs Limited Partnership has 5.35% invested in Deere & Company (NYSE:DE). Price Capital Mngmt reported 21,100 shs stake. Oregon Pub Employees Retirement Fund holds 0.06% in Deere & Company (NYSE:DE) or 31,380 shs. Baystate Wealth Mgmt owns 238 shs. Dynamic Advsr Solutions Ltd Liability holds 6,244 shs.

Deere & Company registered $66.91 million net activity with 0 insider buys and 9 selling transactions since December 11, 2017. May John C II had sold 20,835 shs worth $3.15 million on Monday, December 11. Another trade for 6,416 shs valued at $972,253 was made by Reed Cory J on Monday, December 11. Jones Mary K.W. sold $1.69M worth of stock. On Tuesday, January 16 the insider Guinn Max A sold $1.90 million. Field James M. had sold 22,095 shs worth $3.76 million. ALLEN SAMUEL R sold 269,353 shs worth $44.13M.

Deere & Company (NYSE:DE)’s earnings report is anticipated by WallStreet on May, 18, according to Zacks. This year’s earnings per share analyst estimate is anticipated to be $3.33. That is 33.73 % up compareed to $2.49 earnings per share for last year. In case of $3.33 earnings per share DE’s profit could be $1.08B. Wall Street now predicts 154.20 % EPS growth despite Deere & Company previous quarter’s EPS of $1.31. DE reached $147.35 during the last trading session after $1.82 change.Deere & Company has volume of 1.89M shares. Since May 17, 2017 DE has risen 41.99% and is uptrending. DE outperformed the S&P 500 by 30.44%.

Deere & Company (NYSE:DE) Ratings Coverage

In total 19 analysts cover Deere (NYSE:DE). “Buy” rating has 14, “Sell” are 0, while 5 are “Hold”. 74% are bullish. With $231 highest and $142.0 lowest target price Deere has $181 average target price or 22.84% above the current ($147.35) price. 33 are the (NYSE:DE)’s analyst reports since November 21, 2017 according to StockzIntelligence Inc. In Wednesday, November 22 report Jefferies maintained it with “Hold” rating and $150.0 target. In Tuesday, November 21 report HSBC upgraded the stock to “Buy” rating. In Wednesday, February 21 report BMO Capital Markets maintained the stock with “Outperform” rating. On Monday, December 4 the rating was maintained by Stifel Nicolaus with “Buy”. On Tuesday, January 23 the rating was maintained by BMO Capital Markets with “Buy”. On Thursday, February 15 Piper Jaffray maintained Deere & Company (NYSE:DE) with “Hold” rating. On Thursday, November 23 Deutsche Bank upgraded the shares of DE in report to “Buy” rating. On Monday, May 7 the stock of Deere & Company (NYSE:DE) has “Outperform” rating given by Evercore. On Tuesday, November 28 BMO Capital Markets maintained the shares of DE in report with “Outperform” rating. On Thursday, January 18 the stock of Deere & Company (NYSE:DE) earned “Hold” rating by Seaport Global.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide.The company has $47.71 billion market cap. 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.33.5 is the 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.

Another two news for Deere & Company (NYSE:DE) were recently brought out by: Benzinga.com on May 14, 2018 with title “Upcoming Earnings: Home Improvement Retailer Home Depot Reports Before Tuesday’s Open”. The other Benzinga.com‘s article was titled “Get Out The Shopping Cart: Retail In Focus Ahead Of Key Data, Earnings” and brought out on May 14, 2018.

Deere & Company (NYSE:DE) Institutional Investors Chart

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