DEERE & COMPANY (NYSE: DE) has reported earnings for its fourth fiscal quarter (ending October 31) of $4.57 versus $8.30 for the same period a year ago — a decline of -45%. E.P.S. were $25.73 for the latest four quarters through October 31 versus $34.80 for the same period a year ago — a decline of -26%.
Recent Price Action
DEERE & COMPANY (NYSE: DE) stock closed at $437.54 on 11/21/24 after a very large increase of 8.0%. Moreover, trading volume in this advance was exceptionally high at 362% of normal. The stock has risen 12.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
DEERE & COMPANY has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. DEERE & COMPANY has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 31, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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