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Analysts See $2.42 EPS for Deere & Company (DE)

Deere & Company (NYSE:DE) LogoInvestors sentiment increased to 0.97 in Q2 2018. Its up 0.10, from 0.87 in 2018Q1. It improved, 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.
Aqr Cap Mngmt Ltd Limited Liability Company has invested 0.01% in Deere & Company (NYSE:DE). Miller Mgmt Ltd Partnership holds 0.21% or 4,960 shares. Thompson Rubinstein Mgmt Inc Or accumulated 50,979 shares or 2.38% of the stock. Old Mutual Customised Solutions (Proprietary) Ltd reported 19,366 shares stake. Tarbox Family Office holds 0.32% or 6,032 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt accumulated 0.06% or 33,947 shares. Norman Fields Gottscho Capital Mngmt Limited Liability accumulated 0.18% or 2,350 shares. The North Carolina-based Wedge Capital Mngmt L L P Nc has invested 0.13% in Deere & Company (NYSE:DE). Koshinski Asset Mngmt reported 13,427 shares. Regions Fincl accumulated 28,861 shares. Cypress Cap Mgmt Ltd (Wy) owns 1,350 shares. D E Shaw Inc invested 0% of its portfolio in Deere & Company (NYSE:DE). Sand Hill Glob Limited Liability Company stated it has 0.03% of its portfolio in Deere & Company (NYSE:DE). Fort Washington Investment Advisors Oh invested in 135,851 shares or 0.19% of the stock. Dubuque Bancorp & Tru Comm reported 0% in Deere & Company (NYSE:DE).

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. UBS maintained the shares of DE in report on Wednesday, June 27 with “Buy” rating. UBS maintained the shares of DE in report on Friday, July 20 with “Buy” rating. The company was maintained on Monday, August 20 by Wells Fargo. As per Tuesday, June 5, the company rating was maintained by Morgan Stanley. Stifel Nicolaus maintained Deere & Company (NYSE:DE) rating on Monday, August 20. Stifel Nicolaus has “Buy” rating and $190 target. Deutsche Bank maintained it with “Hold” rating and $155 target in Wednesday, September 5 report. The company was upgraded on Thursday, May 24 by UBS. The rating was maintained by Credit Suisse with “Outperform” on Monday, August 20. The firm has “Buy” rating given on Wednesday, June 20 by Citigroup.

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: Investorplace.com, which released: “Trade of the Day: Deere Stock Is Now a Short” on November 08, 2018. Seekingalpha.com‘s article titled: “Hyundai And Kia Bet $250M On Grab” and published on November 10, 2018 is yet another important article.

Deere & Company (NYSE:DE) Institutional Positions Chart

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