Stock To Watch: Deere & Company (NYSE:DE)


The leading market experts have placed a mean price target of $78.05 on Deere & Company (NYSE:DE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.60 a share for the upcoming quarter and $3.88 for the current fiscal. Technical View The technical analysis of Deere & Company Common Stock plainly substantiates that the 50-day moving average of Deere & Company Common Stock is $82.87, and stock is hovering -2.22 or -2.68% distant from $82.87. It is noted that the 200-day MA is $80.02, and Deere & Company Common Stock stock is $0.63 or +0.79% off from this point. Deere & Company (NYSE:DE) 52-week high is $97.56 and the 52-week low is $70.16. This explains if the stock moves $-16.91, it will post a 52-week high. In event of $+14.95% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Deere & Company Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Deere & Company (NYSE:DE) ratio came in at 16.18. The stock last ended the trading session at $80.65 and registered a market cap of $25.34B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Deere & Company (NYSE:DE) PEG ratio is at 20.67.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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