Deere & Co (DE)

DE (NYSE:Industrial) EQUITY
$86.74
pos +0.00
+0.00%
Today's Range: 86.59 - 87.99 | DE Avg Daily Volume: 3,574,200
Last Update: 08/26/16 - 4:00 PM EDT
Volume: 0
YTD Performance: 13.73%
Open: $0.00
Previous Close: $87.29
52 Week Range: $70.16 - $88.63
Oustanding Shares: 314,258,886
Market Cap: 27,431,658,159
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 3 3 3 2
Moderate Buy 0 0 0 0
Hold 8 7 8 10
Moderate Sell 0 0 0 0
Strong Sell 4 4 3 3
Mean Rec. 3.09 3.09 2.95 3.09
Latest Dividend: 0.60
Latest Dividend Yield: 2.75%
Dividend Ex-Date: 06/28/16
Price Earnings Ratio: 11.09
Price Earnings Comparisons:
DE Sector Avg. S&P 500
11.09 17.40 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
8.06% 6.78% 2.32%
GROWTH 12 Mo 3 Yr CAGR
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:
EBITDA 2.46B
Revenue 26.48B
Average Earnings Estimates
Qtr (10/16) Qtr (01/17) FY (10/16) FY (10/17)
Average Estimate $0.37 $0.56 $4.26 $3.81
Number of Analysts 8 5 10 10
High Estimate $0.48 $0.63 $4.40 $4.40
Low Estimate $0.34 $0.45 $3.90 $2.85
Prior Year $1.08 $0.80 $5.77 $4.26
Growth Rate (Year over Year) -65.39% -30.25% -26.20% -10.52%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

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($)

Markets were oversold. The S&P 500 held the 50-day moving average. The put/call ratio popped back up.  From here, the key might be to watch what other asset classes rally with e

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. Crude oil dropped by $1.22 to $43.44, just in time when a lot of pundits like the price action and turned bullish. Frankly, these short-term forecasts for crude -- or, for that matter, almost any commodity -- are silly talk and usually the projections are non-rigorous. My two bits. (BTW, the Saudi oil minister has been replaced, which is causing some consternation and concerns). Gold got schmeissed, down by $28.70 to $1,265, as the commodity drifts away from the $1,300 resistance level. Agricultural commodities: wheat -5.75, corn -9.25, soybean -7.75 and oats -4.50. Lumber +10. Bonds climbed modestly. The yield on the 10-year U.S. note (1.76%) and the long bond (2.62%)   dropped by one basis point each. Municipals better bid. Those fab closed-end muni bond funds continued to rise. High yield did little. However, Blackstone/GSO Strategic Credit Fund (BGB) was down a dime and sits at $14.   Bank stocks retreated but are up from the day's lows. Over there, weakness in Deutsche Bank (DB) shares continues to concern me. Brokerages were lower, with Morgan Stanley (MS) down 15 cents and Goldman Sachs (GS) off $1.34 Life insurance stocks were mixed. Lincoln National (LNC) was up 18 cents after a walloping last week, but MetLife (MET) was down a dime. Hartford Financial Services Group (HIG), I am watching you (and adding); it was up another 30 cents. My short, Berkshire Hathaway (BRK.B), was down almost two beaners (it was an early-line favorite to be Trade of the Week). Consumer staples flat lined. Old tech was quiet. Energy stocks got hit with lower crude. Schlumberger (SLB) was a downside standout, off $2.35. Biotech finally could be turning. iShares Nasdaq Biotechnology ETF (IBB) was up more than 2.5% and Allergan (AGN) was the world's fair, up $12. Valeant (VRX) continues lower, down another 6%. All my old Biotech Basket is prospering. Media uninteresting with little price action. Retail was stronger, led by short pick Nordstrom (JWN), up $1.14. Agricultural equipment bad, but good for me (as I'm short). Deere (DE) was down 87 cents and Caterpillar (CAT) fell $2.58. (T) FANG was mixed, with Alphabet (GOOGL) up $3.95 and Amazon (AMZN) up $5.80 but short TSLA down $6. NOSH was better, led by O'Reilly Automotive (ORLY) and Home Depot (HD). Twitter (TWTR) was in its customary lower position, off 20 cents and near its 52-week low. Radian Group (RDN) was flat and Potash (POT) was down 28 cents. Oaktree Capital Group (OAK) was off 40 cents and long fav DuPont (DD) edged down 17 cents. New short iShares MSCI United Kingdom (EWU) is trending lower and was down 11 cents. Here is some good stuff appearing on Real Money Pro today: Jim "El Capitan" Cramer on the unwieldy market. It's a continuing theme of mine (the market without memory from day to day)  over the last few months. Mark "Nashville Cats"   Sebastian on the VIX and the Summer Time Blues?     Jonathan "Catch 22" Heller on Sears Hometown (SHOS).  Brian Sozzi on malls.  James Gentile on second derivative housing plays.

And Now the Farm Report Real Money Pro($)

"Just one more thing."

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. Crude oil dropped by nearly a dollar to close at $43.83. Nat gas rose by four cents. Gold fell by $7.20 to $1,288. $1,300 seems to be something of a hurdle.  Agricultural commodities registered big declines. Wheat -17.00, corn -12.50, soybean -15.25 and oats –5.75. Lumber -4.40. Bonds rallied smartly and yields dove. The 10-year yield declined by seven basis points to 1.79% and the long bond by six basis points to 2.66%. Municipals were well-bid and closed-end municipal bond funds rallied strongly. The high-yield bond market got hit. Blackstone/GSO Strategic Credit Fund (BGB) shed seven cents to close a bit under $14 resistance ($13.96). Banks were clipped in light of lower bond yields, with losses of 2% to 4% for Citigroup (C), Bank of America (BAC) and JPMorgan Chase (JPM). I remain short Financial Select Sector SPDR (XLF), which shed 1.3%. A good think. Life insurance was hit by the specter of reinvestment challenges in a low-rate world. Lincoln  National (LNC) and MetLife (MET) were 3% lower. Hartford Financial Services Group (HIG) held up in a relative sense. Brokers declined with concerns about reduced capital markets activity. Goldman Sachs (GS) was down $3 and Morgan Stanley (MS) off 40 cents. Retail was broadly lower; my short Nordstrom (JWN) was down 80 cents and is my only position in the space. Energy stocks suffered mightily. Schlumberger (SLB) was down $2.17 and Exxon Mobil (XOM) was off $1.02. I remain short bought. Old tech declined broadly. Staples were flattish. Autos suffered as more signs of Peak Autos reign.  Biotech was weak, with iShares Nasdaq Biotechnology ETF (IBB) down $5. I continue to see further weakness in biotech, despite some technical advice to buy here and there. Valeant (VRX) rallied by $3 after Ackman's defense on CNBC's "Fast Money Halftime." My speculative biotech basket got hammered -- thankfully, I am out. Media got hit. Comcast (CMCSA) was down 30 cents and Disney (DIS) off 60 cents. Ag equipment, which I disfavor and am short, was lower. Deere (DE) was down 90 cents and Caterpillar (CAT) down $1.50. (T)FANG's leadership now seems wobbly. Tesla (TSLA) was a standout to the downside, off $6. Amazon (AMZN) fell $13 and Netflix (NFLX) was down 2%. NOSH was mixed. O'Reilly Automotive (ORLY) was up $4 but my short Starbucks (SBUX) dropped by nearly a beaner. CRABBY was lower, led by C and Alleghany (Y), down $7. In miscellaneous stocks, Twitter (TWTR) is in the dumps and hit a new all-time low, Potash (POT) smelled funky, DuPont (DD), my fav large cap, which is extended, slipped $1.24, and Oaktree Capital Group (OAK) was down $1.14. Apple bounced $1.50 after a week of near-consecutive declines. Here is some great material on Real Money Pro today: Jim "El Capitan" Cramer on why not to sell in May and go away.  Ben "Goldfinger" Cross on why gold is struggling.   RevShark thinks the market has halitosis!  Roger Arnold on more volatility ahead.  I enjoyed reading "

My Takeaways and Observations Real Money Pro($)

Stocks slid sharply in the final hour to finish at the day's lows after a real roller coaster of a day! Booyah! The U.S. dollar weakened. The price of crude oil rose by 63 cents to $45.96. Gold climbed by $17 to $1,267. Silver rose by 30 cents. Agricultural commodities: wheat +1.50, corn +7.00, soybean flat and oats -2.25. Bonds rose in price, declined in yield. The yield on the 10-year U.S. note dropped by three basis points to 1.83% and the long bond by only one basis points to yield 2.68%. Municipals were well-bid. Closed-end municipal bond funds were mixed. The high-yield market showed little price movement. Blackstone/GSO Strategic Credit Fund (BGB), up earlier in the day, closed down a dime. Banks are at the lows of the day. I double my XLF short today. JPMorgan Chase (JPM) and Citigroup (C) were down by about a half a beaner, while Bank of America (BAC) slid by 25 cents. Brokerages were lower. Morgan Stanley (MS) was down 30 cents and Goldman Sachs (GS) was off about $2.50. Life insurance, the object of my disaffection, got schmeissed with dollar-plus losses for MetLife (MET), Lincoln National (LNC) and Berkshire Hathaway (BRK.B). My long Hartford Financial Services Group (HIG) also was lower by a similar amount. Retail stocks were broadly lower, led by Bed, Bath & Beyond (BBBY), Home Depot (HD) and Lowe's (LOW). Short Nordstrom (JWN) was off 65 cents. Old media sank, led by IBM (IBM), down $3.35, and Microsoft (MSFT), down $1.30. Auto stocks held well, with a good gain for Ford (F), up 45 cents. Energy stocks fell despite a higher commodity price. Schlumberger (SLB) was down $1.15 and Exxon Mobil (XOM) off 80 cents. Biotech was only slightly lower. Allergan (AGN) was down a beaner. Ag equipment was under pressure, with Deere (DE) and Caterpillar (CAT) down about 1% each. Media was mixed, though Disney (DIS) was down $1.20 after a rich premium deal for Comcast (CMCSA) to acquire DreamWorks (DWA) was announced. (T)FANG was lower, save Facebook (FB), which was up nearly $8. NOSH saw all components lower. CRABBY components all were lower as well. Apple (AAPL) was a leader on the downside, off $3. Short/sell, don't hold.  Oaktree Capital Group (OAK) was lower after earnings (I'll review tomorrow). Some good stuff on Real Money Pro today: Jim "El Capitan" Cramer on the worst over for pharma.  RevShark is running with the bulls.  Tim Melvin on Carlyle Group (CG) and its tons of cash.  Tim "Not Judy or Phil" Collins on playing earnings-related volatility of Amazon (AMZN), LinkedIn (LNKD) and Expedia (EXPE).  Daniel "Oil Vey" Dicker on Hess (HES) over Pioneer Natural Resources (PXD). 

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The dollar index ended up holding support nicely into both the time and price parameters discussed last ...

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