Deere & Company (DE) EPS Estimated At $2.42

November 11, 2018 - By Nellie Frank

Deere & Company (NYSE:DE) LogoInvestors sentiment increased to 0.97 in 2018 Q2. Its up 0.10, from 0.87 in 2018Q1. It increased, 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.
1,708 were accumulated by Manchester Cap Mngmt Ltd Com. First Bank Of Omaha holds 0.08% or 9,074 shares in its portfolio. Arrow Corp owns 1,145 shares or 0.04% of their US portfolio. Cls Limited Company owns 183 shares. Segall Bryant & Hamill Ltd Co holds 0.02% or 9,761 shares. Mercer Cap Advisers holds 900 shares. Freestone Capital Limited Liability Corp has invested 0.01% in Deere & Company (NYSE:DE). Harvey Capital holds 0.12% or 2,140 shares. Moreover, Paragon Capital Mngmt Ltd has 0.19% invested in Deere & Company (NYSE:DE) for 1,550 shares. Conning reported 0.08% of its portfolio in Deere & Company (NYSE:DE). Azimuth Capital Limited Liability, Michigan-based fund reported 6,534 shares. The Massachusetts-based Cambridge Trust Com has invested 0.03% in Deere & Company (NYSE:DE). Dearborn Ltd Company invested 0.03% in Deere & Company (NYSE:DE). Howard Hughes Medical Institute has invested 1.06% in Deere & Company (NYSE:DE). Culbertson A N And Com Inc holds 0.81% or 19,537 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. Morgan Stanley maintained Deere & Company (NYSE:DE) on Tuesday, June 5 with “Buy” rating. UBS maintained Deere & Company (NYSE:DE) rating on Wednesday, June 27. UBS has “Buy” rating and $18500 target. On Wednesday, September 5 the stock rating was maintained by Deutsche Bank with “Hold”. On Monday, August 20 the stock rating was maintained by Credit Suisse with “Outperform”. As per Monday, August 20, the company rating was maintained by Stifel Nicolaus. Wells Fargo maintained Deere & Company (NYSE:DE) rating on Monday, August 20. Wells Fargo has “Outperform” rating and $180 target. The firm has “Buy” rating by UBS given on Friday, July 20. UBS upgraded the shares of DE in report on Thursday, May 24 to “Buy” rating. The stock has “Buy” rating by Citigroup on Wednesday, June 20.

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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