DE Stock Recent News
DE LATEST HEADLINES
Deere & Company DE is set to release earnings results for its third quarter, before the opening bell on Aug. 15, 2024.
Deere's (DE) third-quarter fiscal 2024 results are likely to reflect lower volumes on weak demand in the agricultural industry.
Deere's stock has been volatile after a strong performance in 2020 and 2021, largely as a result of slowing top line growth in recent quarters. Despite challenges, the company has shown progress on the margin front, and with the potential for revenue re-acceleration, we expect strong EPS growth into 2030. Shares are currently undervalued, trading at a very attractive 10x P/E, presenting a potential opportunity for significant upside in the medium to long term.
Beyond analysts' top -and-bottom-line estimates for Deere (DE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.
Mike Khouw, OpenInterest.Pro chief strategist, joins 'Power Lunch' to discuss playing the downside of Deere.
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.
Deere is a leading American company specializing in heavy equipment for agriculture, construction, and forestry sectors. Despite recent weak guidance and sales declines as a result of crop prices, Deere has historically been a strong performance and has growth potential in the agricultural and construction industries. With a focus on cost reduction and expense management, Deere's valuation remains compelling, potentially offering significant upside for investors in the long term.
Deere (DE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Deere (DE) settling at $346.06, representing a +0.35% change from its previous close.
Deere (DE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.