Trade Report: Today: Deere & Company (DE) – Research Analysts’ Weekly Ratings Updates

Today: Deere & Company (DE) – Research Analysts’ Weekly Ratings Updates

Deere & Company (NYSE: DE) has recently received a number of price target changes and ratings updates:

Shares of Deere & Company (NYSE:DE) opened at 103.92 on Monday. The company has a market capitalization of $32.67 billion, a price-to-earnings ratio of 20.83 and a beta of 0.71. The company’s 50 day moving average price is $89.32 and its 200 day moving average price is $84.18. Deere & Company has a 52-week low of $70.16 and a 52-week high of $104.83.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Wednesday, November 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.50. The business earned $6.52 billion during the quarter. Deere & Company had a return on equity of 21.54% and a net margin of 5.72%. Deere & Company’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.08 earnings per share. On average, analysts predict that Deere & Company will post $4.32 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 1st. Stockholders of record on Friday, September 30th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend was Wednesday, September 28th. Deere & Company’s payout ratio is 49.90%.

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