DEERE & COMPANY (NYSE: DE) has reported E.P.S. of $8.30 for its fourth fiscal quarter (ending October 31) versus $7.48 for the same period a year ago — an increase of 11%. E.P.S. were $34.80 for the latest four quarters through October 31 versus $23.42 for the same period a year ago — an increase of 49%.
Recent Price Action
DEERE & COMPANY (NYSE: DE) stock closed at $370.76 on 11/22/23 after a large decline of -3.1%. Relative to the market the stock has been strong over the last nine months but has declined -1.1% during the last week.
Current PriceTarget Research Rating
DE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
DEERE & COMPANY has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. DEERE & COMPANY has a slightly negative Appreciation Score of 39 but a slightly positive Power Rating of 61, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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