Deere & Co (DE)

DE (NYSE:Industrial) EQUITY
neg -0.08
Today's Range: 86.22 - 87.49 | DE Avg Daily Volume: 3,212,100
Last Update: 10/25/16 - 3:11 PM EDT
Volume: 1,519,212
YTD Performance: 13.68%
Open: $86.25
Previous Close: $86.70
52 Week Range: $70.16 - $89.34
Oustanding Shares: 314,422,919
Market Cap: 27,175,572,889
6-Month Chart
TheStreet Ratings Grade for DE
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 4 3 2 3
Moderate Buy 0 0 0 0
Hold 8 9 8 8
Moderate Sell 0 0 0 0
Strong Sell 5 4 4 3
Mean Rec. 3.08 3.08 3.24 2.95
Latest Dividend: 0.60
Latest Dividend Yield: 2.78%
Dividend Ex-Date: 09/28/16
Price Earnings Ratio: 10.98
Price Earnings Comparisons:
DE Sector Avg. S&P 500
10.98 17.30 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
8.21% 8.02% 2.87%
Revenue -21.60 -0.20 -0.07
Net Income -38.60 -0.40 -0.14
EPS -33.10 -0.20 -0.09
Earnings for DE:
Revenue 26.48B
Average Earnings Estimates
Qtr (10/16) Qtr (01/17) FY (10/16) FY (10/17)
Average Estimate $0.36 $0.53 $4.26 $3.84
Number of Analysts 11 6 12 12
High Estimate $0.48 $0.63 $4.40 $4.40
Low Estimate $0.32 $0.40 $3.90 $3.10
Prior Year $1.08 $0.80 $5.77 $4.26
Growth Rate (Year over Year) -66.25% -33.75% -26.26% -9.79%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
May 24, 2016 | 7:03 AM EDT
DE was upgraded from Market Perform to Outperform, BMO Capital said. $96 price target. Company is under-owned and is attractively value...

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened modestly after two days of strengthening following the Fed's remarks. Crude oil fell by 40 cents to $48. Nat gas was flat. Gold was down $1.60, recovering from the day's lows. Agricultural commodities: wheat -4.75, corn +2.50, soybeans -14.25 and oats flat. Lumber -9.20. Bonds rallied in price. The yield on the 10-year U.S. note down by one basis point to  1.83% and the long bond down two basis points to 2.62%. Municipals were up small but closed-end muni bond funds rallied nicely from the recent carnage. High yield was flat. Banks flat-lined and I remain cautious. Deutsche Bank (DB) is under $17, again. A concern. Insurers were down large fractions. Brokerages were mixed. Retail was up and down, but nothing major. My three shorts are Starbucks (SBUX), up a dime, Nordstrom (JWN), up 20 cents, and Foot Locker (FL), down 55 cents. Old media and old tech did little. Energy was unchanged, though Schlumberger (SLB) caught a recommendation from the Buy Side. SLB was down 20 cents and Exxon Mobil (XOM) was up 20 cents. Autos continue to roll over. Ag equipment was strong, with Deere (DE) up 60 cents and Caterpillar (CAT) up 75 cents. Consumer nondurables were slightly better, despite my protestations! Biotech couldn't hold its morning gains, though iShares Nasdaq Biotechnology ETF (IBB) nonetheless was up $2.60. Allergan (AGN) and Valeant (VRX) -- the object of my recent disaffection -- were lower, off $4.10 and $1.10, respectively. My former speculative biotech package was up marginally.  (T)FANG was mixed, with Tesla (TSLA) down $3, Facebook (FB) down $1.10, Amazon (AMZN) down $3 and Netflix (NFLX) up $1.75. NOSH was weighed down by O'Reilly Automotive (ORLY), down $2. CRABBY was settled, with little price change on the day. In terms of individual stocks, Apple (AAPL) was up $1.60 (continuing its Berkshire-inspired rally from last week -- yawn!), POT was up 60 cents on the Monsanto (MON) takeover news, and Oaktree Capital Group (OAK) was down 50 cents. Here is some good stuff from Real Money Pro today: Jim "El Capitan" Cramer on McDonald's (MCD) and PepsiCo (PEP).  Tim "Not Judy or Phil" Collins chimes in on gold.  Bob Lang on "The Bear Market."  Rev Shark on something strange in the neighborhood (and it isn't ghosts).  Bret Jensen on two promising biopharmas.
I am an accumulator, a collector, of companies like John Deere.
Crude prices were not cooperating with the market, falling slightly in morning trading. 

My Takeaways and Observations Real Money Pro($)

A lot of intraday volatility for the second day in a row. Newsy and tough to navigate, so reduce VAR (value at risk). I am. The Russell was the worst major index performance-wise. I recently pressed my short in iShares Russell 2000 ETF (IWM). The U.S. dollar strengthened for the second day in a row, bolstered by Fed-speak yesterday. I personally expect no rate hikes this year, as mentioned in my 15 Surprises for 2016. Stay tuned. Crude oil close about flat after being much lower. Nat gas rose by three cents. Gold was down another $18.70 to $1,255. To me, as previously mentioned, $1,300 is big resistance. And long gold is a crowded trade in the hedgehog community. I am staying away. Not sure how precious metals fare if my "stagflation" expectations are realized. Agricultural commodities = schmeissburger! Wheat -12, corn -10.50, soybeans -5.25 and oats -4.50. Lumber has an outsize loss of nearly $10.00. Bonds rallied from Wednesday's shellacking. The 10-year dropped by three basis points to 1.85% and the long bond fell by five basis points to 2.64%. Again I wouldn't chase bank stocks in light of the flat yield curve and low absolute level of rates -- that trade is also getting crowded. Municipals were only slightly lower, but it was "the day the music died" for closed-end municipal bond funds. Some funds dropped by more than 2% today. High yield was sold. Blackstone/GSO Strategic Credit Fund (BGB) got hit, like closed-end muni bond funds. Banks gave up about a third of yesterday's rise, but no real damage. Insurers got hit badly. My shorts Lincoln National (LNC) and MetLife (MET) were down about 70 cents each. I was a large buyer of HIG, which suffered about half the losses of the life companies. Brokerages got schmeissed. Morgan Stanley (MS) was down 60 cents and Goldman Sachs (GS) reversed yesterday's large gain by falling $4.80. Retail followed Walmart (WMT), which was up $6, higher.  My short, Nordstrom (JWN), was up 75 cents, though Target (TGT) continued its fall from Wednesday. Agricultural equipment moved lower on weak CAT data and lower ag commodities prices. Not a peep from the "bottom fishers" on this one. Rug sweepers, I call them. Old tech was weak despite a beaner rise in Cisco (CSCO). IBM (IBM) was off $2.50 and a feature to the downside. Staples were stronger, despite a strong currency. However, my short, Coca-Cola (KO), was lower on the day. Energy stocks continued to climb. My shorts were higher, with Schlumberger (SLB) up 90 cents and Exxon Mobil (XOM) up 60 cents. Media weakened. My principal short, Disney (DIS), continues to show a rollover in price. I know many on this site are keen on the shares; I am not. Biotech suffered. iShares Nasdaq Biotechnology ETF (IBB) was down $4. Valeant (VRX) was down again (Wells lowered numbers) and I would continue to avoid it. My unowned biotech basket was mixed to lower. I continue to view biotech as unattractive despite the magnitude of the drop from the 2015 high. Autos were lower, again; the group is a value trap to me and breaking down technically. Peak Autos. (T) FANG was mixed. The upside was Tesla (TSLA), $4 higher, and the downside was Alphabet (GOOGL), off $6.31. NOSH was higher on the day. Nike (NKE) rose $1 CRABBY was lower, save Alleghany (Y). In individual stocks, fertilizers led the upside today. Others of interest exhibited marginal price movement. Here are some good columns on Real Money Pro today: Jim "El Capitan" Cramer believes WMT has turned.  Tim "Not July or Phil" Collins on how to play Deere (DE).  Gary Morrow is a fan of Salesforce (CRM).  Daniel "Oil Vey" Dicker answers some questions from subscribers on five oil stocks.  Rev Shark on the Fed rate hike and economists' calls. (Rev, I never met a one-handed economist!) 
The stock is bouncing around quite a bit, so options numbers will move with price.

Lightning Round, Part One Real Money Pro($)

Here are answers to some of your questions today.
I have received a lot of tactical questions around trading and accumulation of stocks today. So, here's how I do it ...
Here are some more answers to questions that I got this morning from readers.

My Takeaways and Observations Real Money Pro($)

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