On May, 18 The EPS for Deere & Company (DE) Expected At $3.33

May 17, 2018 - By Vernon Prom

Deere & Company (NYSE:DE) Corporate Logo
Big Money Sentiment increased to 1.03 in Q4 2017. It has change of 0.10, from 2017Q3’s 0.93. The ratio improved due to Deere & Company positioning: 50 sold and 338 reduced. 142 funds amassed positions and 257 increased positions. Investors holded 213.38 million in 2017Q3 but now own 209.89 million shares or 1.63% less.
First Comml Bank Of Mount Dora Trust Investment Ser invested in 37,300 shs. Affinity Advisors Ltd has 82,920 shs for 1.47% of their capital. Moreover, Nj State Employees Deferred Compensation Plan has 0.27% invested in Deere & Company (NYSE:DE) for 10,000 shs. Missouri-based Duncker Streett has invested 0.09% in Deere & Company (NYSE:DE). Regions Finance Corp stated it has 30,396 shs. First Interstate Bancorp reported 0.29% stake. The Connecticut-based Webster National Bank N A has invested 0.27% in Deere & Company (NYSE:DE). Fulton Bancshares Na invested in 0.02% or 2,010 shs. Highlander Mgmt Ltd Limited Liability Company has invested 0.02% in Deere & Company (NYSE:DE). State Bank Of Montreal Can has invested 0.07% in Deere & Company (NYSE:DE). Farmers And Merchants Invs Inc, Nebraska-based fund reported 2,885 shs. Ancora Advisors Limited Liability Company owns 2,102 shs. Dorsey And Whitney Trust Company Limited Liability Corp holds 1,408 shs. 6,236 were accumulated by Highbridge Mngmt Limited Liability Corp. Fjarde Ap reported 0.19% of its capital in Deere & Company (NYSE:DE).

Deere & Company registered $66.91 million net activity with 0 insider buys and 9 sales since December 11, 2017. 20,086 Deere & Company (NYSE:DE) shs with value of $3.46M were sold by Jones Mary K.W.. 11,235 Deere & Company (NYSE:DE) shs with value of $1.90 million were sold by Guinn Max A. On Monday, December 11 Reed Cory J sold $972,253 worth of Deere & Company (NYSE:DE). Gilles Jean H sold $5.34M worth of Deere & Company (NYSE:DE) or 32,183 shs on Wednesday, February 21. 22,095 shs valued at $3.76 million were sold by Field James M. on Friday, January 12. On Wednesday, February 28 ALLEN SAMUEL R also sold $44.13 million worth of Deere & Company (NYSE:DE).

Deere & Company (NYSE:DE)’s quarterly earnings will be announced on May, 18 before the open., Zacks reports. EPS of $3.33 is 33.73 % up from 2017’s $2.49 EPS. If DE’s EPS is $3.33 the profit will be $1.08B for 11.06 P/E. 154.20 % EPS growth is what Wall Street’s sees after $1.31 reported EPS previous quarter. DE is touching $147.35 during the last trading session, after increased 1.25%.Deere & Company has volume of 1.89M shares. Since May 17, 2017 DE has risen 41.99% and is uptrending. DE outperformed the S&P500 by 30.44%.

Deere & Company (NYSE:DE) Ratings Coverage

A total of 19 analysts rate Deere (NYSE:DE) as follows: 14 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 74% are bullish. The firm has $231 highest and $142.0 lowest target. The avg target $181 is 22.84% above the last ($147.35) price. (NYSE:DE) has 33 ratings reports on May 17, 2018 according to StockzIntelligence. On Tuesday, November 28 BMO Capital Markets maintained Deere & Company (NYSE:DE) with “Outperform” rating. The company rating was upgraded by Bank of America on Thursday, May 3. On Thursday, January 18 the stock of Deere & Company (NYSE:DE) earned “Hold” rating by Jefferies. In Monday, December 4 report Stifel Nicolaus maintained the stock with “Buy” rating. On Tuesday, November 21 the rating was upgraded by HSBC to “Buy”. In Friday, January 19 report Credit Suisse upgraded it to “Buy” rating and $198.0 target. In Friday, February 16 report Jefferies maintained it with “Hold” rating and $175.0 target. On Tuesday, February 20 the firm has “Neutral” rating by JP Morgan given. On Monday, May 7 the company was upgraded by Evercore. On Friday, April 13 the stock has “Buy” rating by Robert W. Baird.

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide.The firm is valued at $47.71 billion. The company??s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, including large, medium, and utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment comprising sprayers, and nutrient management and soil preparation machinery.The P/E ratio is 33.5. This segment also offers hay and forage equipment, such as self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products.

Another two news for Deere & Company (NYSE:DE) were briefly brought out by: Benzinga.com on May 14, 2018 with title “Upcoming Earnings: Home Improvement Retailer Home Depot Reports Before Tuesday’s Open”. The other Benzinga.com‘s article was titled “Get Out The Shopping Cart: Retail In Focus Ahead Of Key Data, Earnings” and brought out on May 14, 2018.

Deere & Company (NYSE:DE) Institutional Investors Chart

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