DE Stock Recent News
DE LATEST HEADLINES
Deere (DE) concluded the recent trading session at $393.33, signifying a -0.19% move from its prior day's close.
Deere & Company faces near-term headwinds, with analysts expecting a decline in EPS by more than 21% in the next fiscal year. Shifting agriculture market dynamics and uncertainty in the construction and forestry sectors are working against DE in the near term. Although for long-term investors, DE stock presents a solid business for sale at a fair price under current conditions.
Chief executive Scott Wine is leaving the maker of agricultural machinery after three years at the helm.
In the most recent trading session, Deere (DE) closed at $396.88, indicating a +0.98% shift from the previous trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Recently, Zacks.com users have been paying close attention to Deere (DE). This makes it worthwhile to examine what the stock has in store.
Deere (DE) closed at $412.84 in the latest trading session, marking a +0.21% move from the prior day.
Data from the agriculture industry helped to improve investor outlook for Deere's demand, which had weakened in recent quarters. Capital market data also shows investors favoring value stocks and dividend yield during March, which created demand for Deere stock.
Deere (DE) reachead $404.14 at the closing of the latest trading day, reflecting a -1.61% change compared to its last close.
Deere (DE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.