Deere & Co (DE)

DE (NYSE:Industrial) EQUITY
$102.86
pos +0.00
+0.00%
Today's Range: 0.00 - 0.00 | DE Avg Daily Volume: 3,179,100
Last Update: 12/07/16 - 4:00 PM EST
Volume: 0
YTD Performance: 34.86%
Open: $0.00
Previous Close: $102.86
52 Week Range: $70.16 - $104.83
Oustanding Shares: 314,422,919
Market Cap: 32,234,637,656
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 6 5 3 3
Moderate Buy 0 0 0 0
Hold 7 7 9 9
Moderate Sell 0 0 0 0
Strong Sell 4 5 5 4
Mean Rec. 2.72 2.96 3.19 3.08
Latest Dividend: 0.60
Latest Dividend Yield: 2.34%
Dividend Ex-Date: 09/28/16
Price Earnings Ratio: 13.03
Price Earnings Comparisons:
DE Sector Avg. S&P 500
13.03 21.30 0.00
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
22.42% 30.04% 20.56%
GROWTH 12 Mo 3 Yr CAGR
Revenue -21.60 -0.30 -0.11
Net Income -21.60 -0.60 -0.24
EPS -16.70 -0.50 -0.19
Earnings for DE:
EBITDA 0.48B
Revenue 24.13B
Average Earnings Estimates
Qtr (01/17) Qtr (04/17) FY (10/17) FY (10/18)
Average Estimate $0.49 $1.45 $4.42 $5.23
Number of Analysts 9 8 11 9
High Estimate $0.61 $1.60 $4.75 $6.00
Low Estimate $0.35 $1.15 $3.70 $4.00
Prior Year $0.80 $1.56 $4.81 $4.42
Growth Rate (Year over Year) -38.33% -6.89% -8.16% 18.40%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

CAT Is a Dog Today Real Money Pro($)

The 1% drop that we're seeing this morning in Caterpillar (CAT) could be weighing on Deere (DE) , as well as agricultural and possibly fertilizer stocks as well.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. This is bearish for economic activity, commodities prices and profits. The price of crude oil got hit ... hard. At $46.50, it's down $2.50 on the day. Gold was up $18 to $1,357. Hey, Mikey, he likes it! Agricultural commodities: wheat +2, corn -9.50, soybean -60.50(!!), oats -1. Lumber +7. Bonds continued to ramp in price and move lower in yield. iShares 20+ Year Treasury Bond ETF (TLT) was down $2.00. The yield on the 10-year U.S. note fell by nine basis points to 1.37%.  As I mentioned earlier, that's a 63-year low in yield. The long bond yield declined by 11 basis points to 2.14%. The 2s/10s spread flattened to another low at 82 basis points. Municipals were well-bid today. Closed-end muni bond funds were only slightly higher in price, though. The high-yield bond market continues to move with equities -- in this case, lower. Bank stocks are the negative feature in the market today, with declines of 3% to 4%. It's much worse (down 5% to 10%) in EU banking shares. Brokerages equal schmeissburger. Life insurance stocks were taken to the woodshed. My shorts Lincoln National (LNC) and MetLife (MET) were down $2 apiece, and my long Hartford Financial Services Group (HIG) fell $1.30; I have been adding. Retail was weaker after being weak all year; my short Nordstrom (JWN) was off 80 cents. Best Buy (BBY), Macy's (M) and Nike (NKE) were all worse off than Friday's close. My short Foot Locker (FL) was essentially unchanged. Old tech was weak but not materially so. Biotech was weak, though down less than 1%. Allergan (AGN) was up $2.50, though Valeant (VRX) hits new lows; more speculative biotech was much lower. Autos are tanking further, and so are housing stocks. Both groups have rolled over badly despite some sponsorship from "value investors." Ag equipment stocks were punished, with my short Caterpillar (CAT) down two beaners and Deere (DE) off $1.50. They must be watching the 60-cent decline in the price of soybeans!  Moreover, dealer sales continue to founder and the strength of our currency is like a dagger in the hearts of these stocks. Staples remain an upside feature. (T)FANG was under pressure. Tesla (TSLA) is a dog with fleas, lower for the second day in a row. Needham cut Netflix (NFLX), but it was still up 1% on the day. In individual stocks, Twitter (TWTR) was down nearly 1% but Oaktree Capital Group (OAK) was flat. My long fav DuPont (DD) was down $1.25 and approaching my buy level after I sold some off in the high $60s. I live in the $61 to $62 area, Apple (AAPL) again is breaking down, off almost a beaner.  Disney (DIS) shares are suffering under some weak movie experiences; that chart, too, looks like it is rolling over.  Here are some value added posts on our site today: Jim "El Capitan" Cramer chimes in on Deutsche Bank, the canary in the coal mine.  "Meet" Bret Jensen makes a second-half forecast.  Tim "Not Judy or Phil" Collins likes the Valeant chart. At some point there could be value, but the prospects for asset sales and writedowns and a $31-billion debt load in the face of eroding fundamentals makes me pass. Tom Graff likes bonds.  Rev Shark on the challenging markets.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. The price of crude oil rose by 83 cents to $49.15. Gold roared ahead, up $25 to $1,345 as it breakouts from the $1,300 level. Agricultural commodities got schmeissed across the board: wheat -16, corn -4, soybean -16 and oats -7. Bonds continued to ramp. iShares 20+ Year Treasury Bond ETF (TLT) was up $1.68. The yield on the 10-year U.S. note dropped by four basis points to 1.46% after hitting 1.40% early in the morning. The long bond yield declined by seven basis points to a 2.24% yield. The 2s/10s spread declined to a new record low of 85 basis points. Not good for financials that borrow short and lend longer and that have an asset-sensitive balance sheet. Municipal bonds were down small but closed-end funds traded somewhat higher. High-yield bonds were mixed. Blackstone/GSO Strategic Credit Fund (BGB) was up a dime and back to $14.50 in the search for yield. Banks disappointed for the second day in a row, as I suggested in my Sell Banks post yesterday morning. http://realmoneypro.thestreet.com/dougs-daily-diary?published[value][date]=2016-06-30#why-im-not-bank-20160630 All major money center banks were lower today. After the close Warren Buffett filed for permission to go over 10% of Wells Fargo's (WFC) ownership, though he currently doesn't have an intention to do so. He is averaging down! Brokerage stocks also were lower, but marginally so. Insurance stocks also stunk after a feeble rally from large declines in the last week. I remain short Lincoln National (LNC) and MetLife (MET). Retail was mixed to higher. Shorts Nordstrom (JWN) and Foot Locker (FL) didn't do a damn thing. Old tech flat lined. Autos rallied small but could get hit on the after-the-close news. I covered much of my shorts in the belly of Monday's declines. I am a short seller on strength now. iShares Nasdaq Biotechnology ETF (IBB) was up $5. Allergan (AGN) rose $3 and there were good gains for value plays Celgene (CELG) and Gilead Sciences (GILD). Energy and media were mixed. Ag equipment was mixed. Caterpillar (CAT) was up a half a buck but Deere (DE) was down after a Morgan Stanley downgrade yesterday. (T)FANG returned to favor, led by Amazon (AMZN), Alphabet (GOOGL) and Netflix (NFLX), which caught an upgrade. Staples quieted down. In individual stocks, Twitter (TWTR) is making a move back toward some previous resistance (I added). My longs DuPont (DD) and Hartford Financial Services Group (HIG) showed little movement. Here are some value-added contributions on our site: 1. Jim "EL Capitan " Cramer gets toothy.  He also chimes on Tesla's (TSLA) accident.   Again, Tom Graff on bonds and Tim "Not Phil or Judy" Collins on bond spreads.  Eric Jackson on the impact of the Lions Gate (LGF) deal on Viacom (VIAB).  Rev Shark on correction risks.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. Crude oil rose by $1.67 to $48 a barrel. Gold dropped by $10 to $1,314. Agricultural commodities: wheat -2, corn unchanged, soybean +15, oats +2.50. Lumber +10.00. Bonds were flattish. iShares 20+ Year Treasury Bond ETF (TLT) was up 29 cents, likely buoyed by terrorism in Turkey (see above). The 10-year yield was unchanged at 1.46% and the long bond also flat on yield at 2.27%. Non-taxables were flat and closed-end muni bond funds were pennies higher. The high-yield bond market was higher, reversing yesterday's large losses. iShares iBoxx High Yield Corporate Bond ETF (HYG) was up $1.03 and SPDR Barclays High Yield Bond ETF (JNK) was up 44 cents. Blackstone/GSO Strategic Credit Fund (BGB), down 20 cents yesterday, recaptured 16 cents today. Banks were the "world's fair" and were market leaders with gains of 3% to 4%. I purchased positions (long rentals) on Monday in Citigroup (C), Bank of America (BAC) and JPMorgan Chase (JPM). Insurance stocks were upside features after they were decimated by nearly 20% in the last two days. My long Hartford Financial Services Group (HIG) rose by over a beaner. Lincoln National (LNC) and MetLife (MET) also were up $1, which, considering the magnitude of the previous decline, was quite disappointing. I covered much of my life shorts on Monday. Brokerages flourished. I purchased Goldman Sachs (GS) and Morgan Stanley (MS) on Monday, and today they were up $3 and $1, respectively. Retail was mixed. Home Depot (HD) and Lowe's (LOW) led, but NKE and FL were down after the NKE miss. My short Nordstrom (JWN) was up $1. Auto stocks underperformed. I had covered a lot yesterday. Energy was responsive to higher crude oil prices. Schlumberger (SLB) was up $1.60 and Exxon Mobil (XOM) rose $2.20. Both shorts were covered yesterday. Old tech was strong, led by IBM (IBM) and Microsoft (MSFT). Biotech went from goat to hero. iShares Nasdaq Biotechnology ETF (IBB) climbed $9, led by Allergan (AGN), which was up $10. A dead-cat bounce for Valeant (VRX), which was up $1.40. Speculative biotech also moved higher. Agricultural equipment was stronger, led by dollar gains at Caterpillar (CAT) and Deere (DE). Media was up. I covered Comcast (CMCSA) yesterday. Disney (DIS) rose $1.65. (T)FANG attracted buyers, with Amazon (AMZN) and Alphabet (GOOGL) strong. Netflix (NFLX) rose 4%. In individual stocks, my long fav DuPont (DD) was under pressure and fell $1.33, Oaktree Capital Group (OAK) gained fractionally and Twitter (TWTR) was up a half a buck or so. In sectors, Consumer Staples Select Sector SPDR ETF (XLP) and Materials Select Sector SPDR ETF (XLB) were underperformers. I covered them recently. Here are some valuable contributions on our site today: Jim "El Capitan" Cramer on more than FANG.  Ben "Godlfinger" Cross on, what else? Gold!   RevShark on Da Bulls and Da Bears. Rev is uncertain about today's implications, and I respect his honesty!  Shad Gad "And the Pharoahs" is patient in an impatient market.  Tom Graff on bonds.
This could be the start of something big.

My Morning Musings Real Money Pro($)

I'm avoiding biotech. I find investing in the financials boring, except for slow nibbles and clipping the dividend at JPMorgan Chase (JPM). I love the long-term secular themes of resource optimization, efficiency and infrastructure. I think these areas will see some serious "growth runway" in the future, and I look forward to discussing them with you today.
The stock could hit the $40s if the company executes well.
They're betting on a continuation of fundamental deterioration.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar got schmeissed after the weak jobs report. Crude oil fell by 70 cents. Gold was up by $30 to $1,242. Agricultural commodities were inconsistent in price change today: wheat +8, corn +2, soybean -7 (after yesterday's huge ramp) and oats -1. Lumber +5. Bonds soared. iShares 20+ Year Treasury Bond ETF (TLT) was up $1.70. The 2s/10s spread stood at 92 basis points; a multiyear low, at 90 bps, occurred yesterday. The 10-year U.S. note dropped by nearly 11 basis points to 1.70% and the 20-year yield fell by seven basis points to 2.52%. Municipal bonds were stronger, as were closed-end muni bond funds. High yield traded slightly higher in price. Blackstone/GSO Strategic Credit Fund (BGB) was flat. Banks were the principal victim of lower rates; I expect a good portion of the spring rally to be retraced this summer. I added to my Financial Select Sector SPDR ETF (XLF) short. Citigroup's (C) management warning weighed on its shares. Jamie Dimon's auto loan warnings also are weighing on the bank sector as well as the auto space as credit quality and future funding issues arose. Brokerages were weak. Insurance stocks got smoked; I remain short Lincoln National (LNC), down $1.50, and MetLife (MET), down $1.40. My long Hartford Financial Services Group (HIG) was down 60 cents. Energy stocks fared better than the commodity drop with only modest losses. Retail exhibited modest price changes -- flat lined, on average. Old media fell back, led by IBM (IBM), down $1.25. Autos continue their weak spell, with both Ford (F) and General Motors (GM) falling to recent lows. Again, value traps. Ag equipment continued to be responsive to a Joy Global (JOY) beat. Both Deere (DE), on a Goldman upgrade, and Caterpillar (CAT) experienced nice gains. Media was flat to slightly lower. In individual stocks, Alibaba (BABA) traded poorly (still!) after its partial distribution by Softbank. Starbucks (SBUX) is still leaving a bitter taste. Apple (AAPL) was up small in a weak tape after a few days of underperformance. The Mighty Oak -- aka Oaktree Capital Group (OAK) -- dropped some leaves. DuPont (DD), my fav long, continues to be a dream coming true. Here are several value-added contributions on Real Money Pro: Jim "El Capitan" Cramer firing some yield-seeking missiles.  Skip Raschke loves gold and has some secrets how to trade it. And Tim "Not Judy or Phil" Collins has some additional thoughts on a trigger to buy gold.  "The Piano Man" RevShark sings about the Fed being a matter of trust.  Versace and Hawkins on what the jobs report might mean for stocks and economic forecasts.
The Georgia-based manufacturer may be outperforming Deere due to its focus on farming equipment and optimism on Argentina.

Columnist Conversations

Big day for TWTR.  The stock is up over 6% with the help of a nice bump in volume.  It still has a b...
Shares of Weyerhaeuser (WY) are breaking above five month horizontal resistance and making a new 52 week high...
This stock is having a strong day with great volume, good flow lately (Feb 140 strikes) and a potential breako...
This chart is starting to break out nicely, outside day here. BOUGHT DG JAN 77.5 CALL AT 1.85

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.