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Deere & Co Stock Research

DE

393.01USD+6.51(+1.68%)Delayed

Market Summary

USD393.01+6.51
Delayed
1.68%

DE Alerts

DE Stock Price

DE RSI Chart

DE Valuation

Market Cap

117.0B

Price/Earnings (Trailing)

14.29

Price/Sales (Trailing)

2.1

EV/EBITDA

8.26

Price/Free Cashflow

24.62

DE Price/Sales (Trailing)

DE Profitability

EBT Margin

18.81%

Return on Equity

38.38%

Return on Assets

8.94%

Free Cashflow Yield

4.06%

DE Fundamentals

DE Revenue

Revenue (TTM)

55.7B

Revenue Y/Y

32.22%

Revenue Q/Q

-18.56%

DE Earnings

Earnings (TTM)

8.2B

Earnings Y/Y

116.94%

Earnings Q/Q

-12.78%

Price Action

52 Week Range

283.81448.40
(Low)(High)

Last 7 days

-0.4%

Last 30 days

-5.9%

Last 90 days

-9.6%

Trailing 12 Months

-9.4%

DE Financial Health

DE Investor Care

Dividend Yield

1.15%

Dividend/Share (TTM)

4.51

Buy Backs (1Y)

3.19%

Diluted EPS (TTM)

26.92

Peers (Alternatives to Deere)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
117.0B
55.7B
-5.85% -9.39%
14.29
2.1
25.13% 45.08%
32.0B
28.1B
-7.03% 11.16%
14.67
1.14
16.87% 0.88%
20.3B
8.5B
-3.47% -8.46%
19.1
2.39
7.60% -5.20%
11.3B
4.7B
-1.35% 27.66%
25.59
2.4
17.70% 8.16%
MID-CAP
9.4B
12.7B
-7.92% -9.32%
10.58
0.74
13.58% -0.82%
9.4B
3.8B
-2.19% 21.49%
19.9
2.5
16.30% 70.81%
8.7B
4.1B
-4.85% -3.63%
18.04
2.1
9.48% -13.04%
3.3B
2.2B
-3.25% -9.20%
24.9
1.5
15.93% 10.39%
3.2B
4.4B
-20.55% 24.06%
10.72
0.73
13.66% 35.81%
2.1B
1.5B
-0.44% 20.63%
20.7
1.39
13.45% 27.02%
2.1B
2.0B
-6.96% -10.33%
16.25
1.02
3.22% 2.22%
SMALL-CAP
1.6B
704.6M
-1.91% -5.45%
21.05
2.26
6.02% 74.71%
1.0B
935.8M
-2.79% -22.96%
21.63
1.07
11.48% 69.08%
772.7M
3.5B
51.31% 39.73%
-10.43
0.22
15.37% 57.17%
9.7M
28.4M
-10.91% -67.39%
41.49
0.36
13.76% -54.01%

Financials for Deere

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue5.9%55,66052,57748,36845,79344,481
  S&GA Expenses4.4%4,0343,8633,6073,4893,395
  R&D Expenses4.9%2,0051,9121,7861,6991,623
Costs and Expenses4.0%45,19143,45040,51338,32737,255
EBITDA13.2%13,68312,08410,70110,26510,175
EBITDA Margin7.0%0.25*0.23*0.22*0.22*0.23*
Earnings Before Taxes14.7%10,4699,1277,8557,4667,226
EBT Margin8.3%0.19*0.17*0.16*0.16*0.16*
Interest Expenses23.4%1,3111,062922870951
Net Income14.8%8,1877,1316,1685,9515,643
Net Income Margin8.4%0.15*0.14*0.13*0.13*0.13*
Free Cahsflow33.2%4,7503,5652,8783,3044,143
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets1.8%91,62090,03086,81784,09979,614
    Cash Equivalents-16.7%3,9764,7744,3593,8784,472
  Inventory18.4%10,0568,4959,1219,0307,935
  Goodwill5.5%3,8913,6873,7543,8123,192
Liabilities0.7%70,18469,67367,68665,09361,806
    LT Debt, Non Current-1.2%32,44732,838---
Shareholder's Equity5.3%21,33220,26219,03318,90717,804
  Retained Earnings3.8%43,84642,24740,34638,80537,029
Shares Outstanding-2.1%298304306307-
Minority Interest33.3%4.003.003.003.004.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations27.8%6,0064,6993,8304,1785,030
  Share Based Compensation5.9%90.0085.0082.0081.0085.00
Cashflow From Investing1.3%-8,373-8,485-7,078-6,251-5,681
Cashflow From Financing149.9%2,064826288-1,023-1,722
  Dividend Payments1.1%1,3271,3131,2501,2091,125
  Buy Backs17.6%4,2313,5973,2352,7202,809

Risks for DE

What is the probability of a big loss on DE?

60.4%


Probability that Deere stock will be more than 20% underwater in next one year

34.6%


Probability that Deere stock will be more than 30% underwater in next one year.

0%


Probability that Deere stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Deere was unfortunately bought at previous high price.

Drawdowns

Returns for DE

Cumulative Returns on DE

18.7%


10-Year Cumulative Returns

27.6%


7-Year Cumulative Returns

22.7%


5-Year Cumulative Returns

44.4%


3-Year Cumulative Returns

What are the long-term rolling returns for DE?

FIve years rolling returns for Deere.

Annualized Returns

Which funds bought or sold DE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-24
Freemont Management S.A.
unchanged
-
1,271,380
5,745,380
0.90%
2023-03-24
Longbow Finance SA
new
-
12,828,100
12,828,100
1.73%
2023-03-23
ETF MANAGERS GROUP, LLC
reduced
-37.55
-182,533
737,467
0.04%
2023-03-23
MetLife Investment Management, LLC
reduced
-3.24
6,924,290
35,476,900
0.28%
2023-03-17
American Portfolios Advisors
reduced
-4.38
133,881
2,163,150
0.09%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
2.25
2,084,870
8,669,870
0.24%
2023-03-13
Claro Advisors LLC
added
34.27
197,090
410,090
0.13%
2023-03-10
MATHER GROUP, LLC.
added
88.68
482,921
821,921
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-14.07
6,382,650
68,056,600
0.07%
2023-03-10
BAILLIE GIFFORD & CO
reduced
-13.93
47,367,500
497,134,000
0.52%

1–10 of 46

Latest Funds Activity

Are funds buying DE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DE
No. of Funds

Deere News

MarketBeat

Hartford Investment Management Co. Has $12.49 Million Position in ....

MarketBeat,
13 minutes ago

InvestorPlace

3 Safe Blue-Chip Stocks to Buy.

InvestorPlace,
3 hours ago

Yahoo Finance

Bull of the Day: Deere & Co. (DE).

Yahoo Finance,
29 hours ago

Nasdaq

Investor's Business Daily

Not Much Is Safe In Stock Market Correction.

Investor's Business Daily,
3 days ago

Schedule 13G FIlings of Deere

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
7.42%
22,117,165
SC 13G/A
Feb 07, 2023
blackrock inc.
6.4%
18,960,134
SC 13G/A
Jul 22, 2022
cascade investment, l.l.c.
6.5%
19,771,964
SC 13D/A
Mar 11, 2022
blackrock inc.
5.7%
17,536,466
SC 13G/A
Feb 09, 2022
vanguard group inc
6.99%
21,484,587
SC 13G/A
Feb 08, 2022
blackrock inc.
5.7%
17,536,466
SC 13G
Aug 06, 2021
cascade investment, l.l.c.
8.5%
26,446,073
SC 13D/A
Feb 10, 2021
vanguard group inc
7.01%
21,972,786
SC 13G/A
Feb 04, 2021
wellington management group llp
3.58%
11,211,907
SC 13G/A
Jan 29, 2021
blackrock inc.
6.4%
20,066,592
SC 13G/A

DE Fair Value

Deere fair value in different scenarios

The table shows the Fair Value estimates for Deere for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

405.17

3.09%

513.07

30.55%

711.10

80.94%

972.45

147.44%

1258.66

220.26%
Current Inflation

369.99

-5.86%

461.46

17.42%

627.09

59.56%

845.58

115.15%

1084.14

175.86%
Very High Inflation

326.83

-16.84%

399.47

1.64%

528.61

34.50%

699.25

77.92%

884.82

125.14%

Historical Deere Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Deere

View All Filings
Date Filed Form Type Document
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading

Latest Insider Trading transactions for DE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
STOCKTON DMITRI L
acquired
-
-
393
-
2023-03-01
PAGE GREGORY R
acquired
-
-
393
-
2023-03-01
SMITH SHERRY M
acquired
-
-
393
-
2023-03-01
Erwin Tami A.
acquired
-
-
393
-
2023-03-01
JONES CLAYTON M
acquired
-
-
393
-
2023-03-01
HOLLIDAY CHARLES O JR
acquired
-
-
393
-
2023-03-01
Caret Leanne G
acquired
-
-
393
-
2023-03-01
Talton Sheila
acquired
-
-
393
-
2023-03-01
Heuberger Alan Cletus
acquired
-
-
393
-
2023-03-01
Johanns Michael O.
acquired
-
-
393
-

1–10 of 50

John C. May
65535
Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.

DE Income Statement

2023-01-29
STATEMENTS OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Net Sales and Revenues  
Net sales and revenues$ 12,652$ 9,569
Costs and Expenses  
Research and development expenses495402
Selling, administrative and general expenses952781
Interest expense479229
Other operating expenses299311
Total10,1598,418
Income of Consolidated Group before Income Taxes2,4931,151
Provision for income taxes537250
Income of Consolidated Group1,956901
Equity in income of unconsolidated affiliates13
Net Income1,957904
Less: Net income (loss) attributable to noncontrolling interests(2)1
Net Income Attributable to Deere & Company$ 1,959$ 903
Per Share Data  
Basic (in dollars per share)$ 6.58$ 2.94
Diluted (in dollars per share)6.552.92
Dividends declared (in dollars per share)1.201.05
Dividends paid (in dollars per share)$ 1.13$ 1.05
Average Shares Outstanding  
Basic (in shares)297.6307.4
Diluted (in shares)299.1309.4
Net Sales  
Net Sales and Revenues  
Net sales and revenues$ 11,402$ 8,531
Cost of Sales  
Cost of sales7,9346,695
Finance and Interest Income  
Net Sales and Revenues  
Net sales and revenues994800
Other income  
Net Sales and Revenues  
Net sales and revenues$ 256$ 238

DE Balance Sheet

2023-01-29
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 29, 2023
Oct. 30, 2022
Jan. 30, 2022
ASSETS   
Cash and cash equivalents$ 3,976$ 4,774$ 4,472
Marketable securities852734735
Trade accounts and notes receivable - net7,6096,4104,855
Other receivables1,9922,4921,936
Equipment on operating leases - net6,5026,6236,624
Inventories10,0568,4957,935
Property and equipment - net6,2126,0565,665
Goodwill3,8913,6873,192
Other intangible assets - net1,2551,2181,209
Retirement benefits3,7933,7303,158
Deferred income taxes914824923
Other assets2,5972,4172,203
Total Assets91,62090,03079,614
LIABILITIES   
Short-term borrowings14,12912,59210,990
Short-term securitization borrowings4,8645,7113,482
Accounts payable and accrued expenses13,10814,82210,651
Deferred income taxes519495556
Long-term borrowings35,07133,59632,838
Retirement benefits and other liabilities2,4932,4573,289
Total liabilities70,18469,67361,806
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest10092 
STOCKHOLDERS' EQUITY   
Common stock, $1 par value (issued shares at January 29, 2023 - 536,431,204)5,1915,1655,066
Common stock in treasury(25,333)(24,094)(21,139)
Retained earnings43,84642,24737,029
Accumulated other comprehensive income (loss)(2,372)(3,056)(3,152)
Total Deere & Company stockholders' equity21,33220,26217,804
Noncontrolling interests434
Total stockholders' equity21,33620,26517,808
Total Liabilities and Stockholders' Equity91,62090,03079,614
Unrestricted   
ASSETS   
Financing receivables - net36,88236,63433,191
Securitized   
ASSETS   
Financing receivables - net$ 5,089$ 5,936$ 3,516
Location of liability for pledged assetShort-term securitization borrowingsShort-term securitization borrowingsShort-term securitization borrowings
Other assets$ 97$ 155$ 100
Total Assets$ 5,186$ 6,091$ 3,616